CMA — 14 Lauer Ct, Middletown NJ | ProLegacy Realty

Comparative Market Analysis

14 Lauer Court

Middletown · New Jersey · 07748

Bedrooms
4
Bathrooms
3
Living Area
2,518 sf
Lot Size
0.30 ac
Year Built
1987
Estimated Market Value
$1,034,000
Market-supported estimate · June 2026
Recommended List Price
$999,999
Strategic launch price

Overview

Subject Property

Single Family · Middletown
14 Lauer Court
Middletown, New Jersey 07748 · Monmouth County
14 Lauer Court exterior
Living Area
2,518 sq ft
Lot Size
0.3005 acres
Year Built
1987
Building Type
Single Family
Block / Lot
632 / 14
Current Taxes (2025)
$14,279
Assessed Value
$884,700
Land Assessment
$407,000
Improvement
$477,700
Last Sale Date
Sep 29, 2003
Last Sale Price
$560,000
Report Date
June 2026
Municipality
Middletown Township
School District
Middletown Township Public SD
Key Features
2,518 sf 0.30 Acre Lot 4 Bedrooms 2 Full / 1 Half Baths 2-Car Garage 1987 Build
Prior Sale $/SF
$222 / sq ft (2003)

Market Data

Comparable Sales

32 Glen Oak Drive exterior
Comparable 01
Sold
32 Glen Oak Drive
Middletown, NJ 07748
$1,100,000
Sold Feb 25, 2026 · $369/sf
4 Beds 3 Baths 2,982 sf 0.57 ac Built 1971
32 Glen Oak demonstrates clear buyer willingness to pay above the $1M mark in this immediate market. It offers 464 additional square feet and a larger 0.57-acre lot, both of which support its premium over 14 Lauer Court. After accounting for the larger footprint and site size, this sale supports a value slightly above the $1M threshold for the subject.
Adjusted Indication: $1,025,000 – $1,050,000 Downward adj.
136 Green Oak Boulevard exterior
Comparable 02
Pending
136 Green Oak Boulevard
Middletown, NJ 07748
$1,099,900
Pending May 11, 2026 · $376/sf
4 Beds 4 Baths 2,929 sf 0.79 ac Built 1985
136 Green Oak is the strongest current-market indicator because it reflects active buyer demand near $1.1M. It is similar in age to the subject but offers 411 additional square feet, a substantially larger 0.79-acre lot, and an additional bathroom. Those advantages justify pricing above 14 Lauer Court while still confirming strength at the upper end of this segment.
Adjusted Indication: $1,020,000 – $1,045,000 Downward adj.
17 Point O Woods Road exterior
Comparable 03
Sold
17 Point O Woods Road
Middletown, NJ 07748
$920,000
Sold Dec 22, 2025 · $282/sf
5 Beds 3 Baths 3,266 sf 0.30 ac Built 1981
Point O Woods provides the lower boundary of the analysis. Despite offering significantly more living area and an additional bedroom, it sold at a much lower price per square foot than the stronger indicators. This suggests buyer perception was likely affected by condition, updates, layout, or overall marketability. It should be considered a floor rather than the primary benchmark.
Adjusted Indication: $975,000 – $1,000,000 Upward adj.
14 Lauer Court exterior
Subject Pricing Position
Strategy
14 Lauer Court
Middletown, NJ 07748
$999,999
Recommended launch price · $397/sf
4 Beds 3 Baths 2,518 sf 0.30 ac Built 1987
The goal is not to communicate that the home is worth only $999,999. The estimated market value is approximately $1,034,000. Listing just below the $1M threshold is intended to increase search exposure, create urgency, and encourage offers that meet or exceed the estimated market value.
Estimated Market Value: $1,034,000
Subject
$1.034M
Est. Value
List Price
$999,999
Launch Strategy
Comp 01
$1.10M
0.57 ac · $369/sf
Comp 02
$1.10M
0.79 ac · $376/sf
Comp 03
$920K
0.30 ac · $282/sf

Comparable analysis considers living area, lot size, price per square foot, age, current market activity, and likely buyer perception. Adjustments are estimated and intended for broker opinion of value purposes only.


Pricing Analysis

Market Valuation

Pro Legacy Realty · CMA
14 Lauer Court, Middletown NJ
Estimated Market Value
$1,034,000
Estimated market value based on available comparable activity $1,034,000
Recommended launch price to maximize buyer exposure $999,999
Intentional pricing gap below estimated value −$34,001
Upper support from 32 Glen Oak Drive and 136 Green Oak Boulevard ~$1.10M
Lower boundary from 17 Point O Woods Road $920,000
Recommended List Price $999,999
Estimated Market Value
$1,034,000
~$411 / sq ft · June 2026
Recommended List Price
$999,999
Designed to drive buyer activity above $1M
Pricing Strategy: The recommended list price is intentionally positioned below the estimated market value to maximize exposure and encourage competitive buyer activity. The objective is not to sell the property for $999,999; the objective is to attract the greatest number of qualified buyers, create urgency, and generate offers that meet or exceed the property’s estimated market value of approximately $1,034,000.

Context & Strategy

Market Notes

Middletown Market Overview

Middletown remains one of Monmouth County’s most desirable residential markets, supported by strong neighborhood appeal, commuter access, proximity to the Jersey Shore, and limited inventory of larger single-family homes. Homes approaching and exceeding the $1M threshold can attract strong buyer interest when they are well positioned and presented professionally.

Subject Property Opportunity

At 2,518 square feet with four bedrooms, three bathrooms, and a 0.30-acre lot, 14 Lauer Court competes directly in Middletown’s upper-tier move-up market. Its 1987 construction is newer than several of the available comparables, while the larger $1.1M indicators help demonstrate demand for homes in this segment.

Pricing Strategy & Buyer Psychology

Launching at $999,999 keeps the property below a key buyer search threshold while still being close enough to the estimated value to support serious interest. This strategy is designed to increase visibility, attract qualified buyers quickly, and create the opportunity for competitive offers above the asking price.

Why the $1.034M Estimate Is Supported

The two strongest comparables both approach $1.1M but offer larger homes and larger lots, requiring downward consideration. The lower sale at 17 Point O Woods Road establishes a reasonable floor but appears to reflect property-specific value limitations. Balancing these indicators supports an estimated market value of approximately $1,034,000 for 14 Lauer Court.

Chris Farruggio
Chris Farruggio
Realtor Associate · ProLegacy Realty, LLC
📞 732-615-8806
📧 Chris@prolegacyrealty.com

Buying or selling a home is one of the biggest decisions you’ll make — and you deserve more than just a transaction. My goal is to showcase your property in the best possible light or help you find the perfect match that truly feels like home. Every client I work with receives dedicated service, clear communication, and a commitment to creating an exceptional experience from start to finish.

With over 20 years of experience in real estate investment, remodeling, and property management, I bring a unique perspective to the process. My background in construction management and house flipping allows me to help you see potential, avoid costly mistakes, and maximize your results — whether you’re preparing to sell or searching for the right home.

Clients benefit from my strong negotiation skills, market knowledge, and hands-on approach. Whether you’re a first-time buyer, seasoned investor, or homeowner ready to move on, I’m here to guide you with confidence and ensure every detail is handled with care.