NOT LISTED FOR SALE

14 Princeton Ln Colts Neck, NJ 07722

Estimated Value: $2,093,000 - $2,371,000

6 Beds
5 Baths
6,754 Sq Ft
$336/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $2,350,000 $348 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $14,563/month

160 Days on Market

Highlights

  • Custom Home
  • 29.28 Acre Lot
  • Wood Flooring
  • Conover Road School Rated A
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of November 2021

The perfect, idyllic equestrian estate is a rare find. It is not often that such a spectacular 29 acre parcel is offered in Colts Neck, but you will find it here! From the moment you enter the winding, mature tree lined private road, you are greeted by classic elegance on picturesque grounds surrounded by luxury homes in one of the area's most sought after developments. This estate property boasts a nearly 7000 sq ft custom brick front colonial home with a beautiful layout featuring a two-story foyer, 6 bedrooms, 5 full bathrooms, built in wet bar and a four seasons room that overlooks the stunning landscape. The perfect country home to bring your design ideas to life! Set amidst the breathtaking and abundant acreage is a gorgeous 16 stall barn, featuring knotty pine heated stalls with lighting, fly system, heat lamps, tack room, heated office, new roof and quality amenities for the equine enthusiast. The possibilities are endless! Make your dreams a reality, whether you are inspired to expand the equestrian facility with the addition of an indoor arena or simply desire to create true multi-generational living, all can be designed on magnificent, usable land. In this new era of work from home and virtual learning, 14 Princeton Lane is the premiere opportunity to renovate or build new construction on an exceptional farm assessed property. Ready for its new owners, bring your plans for a cottage, pool, cabana, tennis courts and more! Newer roof, well, kitchen updated in 2012, whole house generator and space to build a brand new home, this is your chance to own a pastoral beauty, where unbridled potential is just a gallop away!

Last Agent to Sell the Property

Patricia Ronca

Jason Mitchell Real Estate New Jersey License #1650247 Listed on: 04/15/2021

Jason Mitchell Real Estate New Jersey

Co-Listed By

Sarah Bandy

Jason Mitchell Real Estate New Jersey License #0681670

Last Buyer's Agent

Jason Orrico

Orrico Realty License #0571414

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1982

Lot Details

  • 29.28

Parking

  • 4 Car Direct Access Garage
  • Circular Driveway

Home Design

  • Custom Home
  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Cedar Shake Siding
  • Shake Siding

Interior Spaces

  • 6,754 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Bay Window
  • Great Room
  • Sunken Living Room
  • Dining Room
  • Sun or Florida Room
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • 5 Full Bathrooms
  • Primary bathroom on main floor
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • Conover Road Elementary School
  • Cedar Drive Middle School
  • Colts Neck High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Septic System

Additional Features

  • 29.28 Acre Lot
  • Horse or Livestock Barn

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 10-00010-0000-00002-02-QFARM

Home Details

Home Type

Single Family

Year Built

Built in 1982

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 3893
  • Co List Office Phone: 833-471-3337
  • Subdivision Name: None
  • Architectural Style: Custom, Colonial
  • Reso Flooring: Ceramic Tile, W/W Carpet, Wood
  • New Construction: No
  • Reso Other Structures: Barn, Horse Barn
  • Year Built: 1982
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Kitchen Center Island: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 29.28
  • General Property Info Farm: Yes
  • Location Middle School: Cedar Drive
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • WaterSewer Well: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 2.0
  • Foyer Two Story: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • SidingBrick: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • GreatFamily Room Fireplace - Woodburning5: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Eat-In: Yes
  • GreatFamily Room Floor - WW Carpet4: Yes
  • Kitchen BayBow Window4: Yes
  • Living Room Built-Ins2: Yes
  • SidingCedarShake: Yes
  • GreatFamily Room Dec Molding6: Yes
  • Exterior Outbuilding: Yes
  • Parking Circular Driveway: Yes
  • GreatFamily Room Sunken3: Yes
  • Out Buildings Barn: Yes
  • Out Buildings Horse Barn: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Fireplaces: 2
  • Total Bedrooms: 14
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Sunroom: Yes
  • Basement:Unfinished: Yes
  • Other Rooms:Great Room: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bathroom Level:First42: Yes
  • Primary Bedroom Level:First43: Yes
  • Primary Bath Double Sinks: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 29.28
  • Waterfront: No
  • Construction Type: Brick, Shake Siding
  • Exterior Features: Deck, Outbuilding

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Circular Driveway, Driveway, Direct Access
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Natural Gas: Yes
  • Water/Sewer/Septic: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Cedar Drive

Lot Info

  • Lot Size Sq Ft: 1275436.8
  • Parcel #: 10-00010-0000-00002-02-QFARM

Tax Info

  • Tax Year: 2019

MLS Schools

  • Elementary School: Conover Road
  • High School: Colts Neck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2021
Closed on
Nov 22, 2021
Sold by
Mauro Cecelia M and Mauro Joseph S
Bought by
Dip Salvador
Seller's Agent
Patricia Ronca
Jason Mitchell Real Estate New Jersey
Buyer's Agent
Jason Orrico
Orrico Realty
List Price
$2,999,999
Sold Price
$2,350,000
Premium/Discount to List
-$649,999
-21.67%
Current Estimated Value
$2,249,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$100,890
Avg. Annual Appreciation
-0.90%
Original Mortgage
$1,880,000
Outstanding Balance
$1,746,338
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$526,351
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dip Salvador $2,350,000 The Lear Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dip Salvador $1,880,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2021 11/22/21 Sold $2,350,000 -9.6% $348 / Sq Ft
09/23/2021 09/23/21 Pending -- -- --
08/01/2021 08/01/21 Price Changed $2,599,999 -3.7% $385 / Sq Ft
08/01/2021 08/01/21 Price Changed $2,699,999 -10.0% $400 / Sq Ft
04/15/2021 04/15/21 For Sale $2,999,999 -- $444 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $9,200 $9,200 $0
2022 $450 $8,800 $8,800 $0
2021 $450 $25,800 $25,800 $0
2020 $455 $25,800 $25,800 $0
2019 $454 $25,800 $25,800 $0
2018 $458 $25,800 $25,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22111309

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 10-00010-0000-00002-02-QFARM