NOT LISTED FOR SALE

18 Rivers Edge Dr Colts Neck, NJ 07722

Estimated Value: $1,569,000 - $2,093,000

6 Beds
5.5 Baths
5,877 Sq Ft
$331/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $1,780,000 $303 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $12,480/month

35 Days on Market

Highlights

  • Basketball Court
  • Bay View
  • New Kitchen
  • Conover Road School Rated A
  • Waterfront
  • Colonial Architecture

About This Home

As of January 2024

Welcome to an extraordinary waterfront estate situated on prestigious Rivers Edge Drive, overlooking the pristine waters of the Swimming River Reservoir. This exceptional property showcases 6 bedrooms and 5 and a half bathrooms, offering appx 7,000 sq ft luxurious living space including basement. Gourmet kitchen with open floor plan and newer Subzero appliances. Maplewood cabinets and granite countertops. 10ft Ceilings on the 1st floor with a Princess Suite. Reservoir views from the expansive windows throughout the residence. Indulge in the opulent amenities, including a sports court/pickleball. Can easily replace with a pool if desired. Expansive Master Bedroom with Dressing Rm & 5 closets, w/marble Master Bath w/ tub & shower. Easy commute to NYC & close to shopping & NJ Shore. Welcome to Rivers Edge Drive, a breathtaking haven nestled on the majestic shores of the Swimming River Reservoir in Colts Neck. This 1.26-acre lot presents a truly unparalleled lifestyle opportunity, with the property being the only available waterfront developed lot on the Swimming River Reservoir in Colts Neck.The magnificence of this 6 bedroom, 5.5 bathroom home is announced by the awe-inspiring 25ft entryway, adorned with intricate decorative molding and a stunning chandelier. As you step onto the gleaming marble flooring and take in the large archways, shadow boxes, and oak wood railing, it becomes evident that every element in this house has been meticulously designed and crafted.The heart of the home is the expansive gourmet kitchen, fitted with top-of-the-line Viking appliances, maple wood custom cabinets, and a spacious custom pantry. The kitchen also features a double granite island countertop with a 6 burner gas stove with downdraft venting to ensure high-performance cooking. Double wall ovens, a large Sub Zero refrigerator/freezer, two additional refrigerators for wine and drinks, and a double sink that overlooks the tranquil views of the yard and reservoir. The beautiful blend of granite countertops, tumbled marble backsplash with a unique rooster design tile, and custom maple wood cabinets speak volumes about the kitchen's attention to detail.An open floor plan connects this space to a large dining room , adorned with a bay window, and custom seating making it perfect for entertaining. A large custom pantry and a wine buffet completes the features, providing plenty of space for all your storage needs. Your culinary aspirations will find their home in the impressive kitchen. The ceiling beams add an element of rustic charm while the built-in cabinets in the Butler Pantry area enhance functionality. Dinner parties will be a delight with such a spectacular setting.The first floor is characterized by 10ft ceilings throughout, a large formal living room, a dedicated office space, and a sunroom. This level also features a family room/den area off the kitchen, perfect for watching TV with the family. The Guest bedroom, with an updated en-suite bathroom completes the floor. Exquisite hardwood flooring adds an element of warmth and sophistication throughout.Adjacent to the large formal Living room, an airy office/library lined with custom built-in wall cabinets presents the perfect setting for productivity or leisurely reading. French doors open to a sunroom that exudes tranquility. Overlooking the mature landscaping and expansive yard, this sun-drenched space promises serenity amid the hustle and bustle of daily life.A set of elegant stairs upon entry leads to the second floor, marked by 9ft ceilings and the resplendent owners suite. On the second floor, the owner's suite stands as the crown jewel, boasting a high vaulted ceiling, decorative molding, oak floors, and four large closets with a dressing room. The en-suite bathroom serves as a personal spa, featuring marble finishes, double sinks, a large walk-in shower, and a soaking tub with jets.On each side of the owner's suite are two sets of two bedrooms (4 additional bedrooms) grace either side of the master suite, each pair sharing Jack-and-Jill bathrooms fitted with double sinks and ceramic tile. Completing the second floor is a playroom area, which can also function as a den or recreation room.The beautifully finished basement is a world in itself, with its 8 ft ceilings and an additional 1200-1500 sq ft of versatile, heated living space. This area can comfortably house a media room or gym, and currently boasts a pool table area, a large living area with a wrap-around couch that provides a venue for recreation and entertainment, and ceramic tile flooring in its own,discrete full bathroom.. Even with all these amenities, the basement still offers ample storage space, with additional closets and utility areas.Embrace the joys of outdoor living on the sprawling Brazilian "Ipe" deck. Constructed from exotic wood that is three times harder than white oak, the deck is as durable as it is beautiful. With retractable awnings installed for easy creation to shaded areas, you can enjoy this outdoor living space in all weather conditions. The deck leads down to a 30x60ft sports court, ideal for roller hockey or basketball. Beyond the sports court, a gate opens to the reservoir, bringing the beauty of the Swimming River Reservoir to your backyard. Whether you enjoy boating, swimming, or simply observing the tranquil water, this home offers unparalleled access to waterfront activities.The home's functional features include a 3-car garage, a 75 gallon hot water heater, two electrical panels, and a sprinkler system. The garage also provides direct access to the basement, enhancing convenience.In essence, this is not merely a home, but a lifestyle. The unique combination of opulence, comfort, and natural beauty on offer at River's Edge Drive is unmatched. Here, the luxury of a finely appointed home blends seamlessly with the tranquility of waterfront living, making every day a resort-like experience. Whether you're enjoying the exquisite interiors or exploring the spectacular outdoor amenities, living here is truly an experience of a lifetime.Experience the Colts Neck lifestyle at its best with this splendidly appointed residence. Its fusion of grand scale living, luxurious finishes, and an idyllic location make it a masterpiece of residential architecture. Whether you're lounging on your deck, shooting hoops on your private court, roller skating, or taking a peaceful stroll by the reservoir, this estate presents a life of unending enjoyment and relaxation.All room sizes approximate.Township said a pool can be put in place of sports court with proper submissions following guidelines, setbacks, and lot coverage.PICKLEBALL CAN BE PLAYED ON THE SPORTS COURT!

Last Agent to Sell the Property

Lillian LoRusso

Robert DeFalco Realty Inc. License #1430252 Listed on: 10/04/2023

Robert DeFalco Realty Inc.

Co-Listed By

Anthony Romano

O'Brien Realty, LLC

Last Buyer's Agent

Trevor Bovington

Keller Williams Realty West Monmouth License #2080295

Keller Williams Realty West Monmouth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,136

Year Built

  • Built in 2001

Lot Details

  • 1.26 Acre Lot
  • Waterfront
  • Fenced
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 5,877 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • 2 Fireplaces
  • Gas Fireplace
  • Awning
  • Blinds
  • Bay Window
  • Window Screens
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Library
  • Sun or Florida Room
  • Center Hall
  • Bay Views
  • Home Security System

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Dinette
  • Butlers Pantry
  • Built-In Double Oven
  • Gas Cooktop
  • Stove
  • Portable Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Engineered Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Basketball Court
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Gas Grill

Schools

  • Cedar Drive Elementary And Middle School
  • Colts Neck High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Well
  • Natural Gas Water Heater
  • Septic System

Listing and Financial Details

  • Exclusions: Personal Belongings. Dining Room, Red couches in basement, two hutches off kitchen.
  • Assessor Parcel Number 10-00035-0000-00022-21

Community Details

Overview

  • No Home Owners Association
  • Rivers Edge Subdivision

Recreation

  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,136

Year Built

Built in 2001

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 4189
  • Co List Office Phone: 732-229-3532
  • Inclusions: Outdoor Lighting, Washer, Wall Oven, Window Treatments, Blinds/Shades, Ceiling Fan(s), Counter Top Range, Dishwasher, Central Vacuum, Dryer, Double Oven, Down Draft Range, Light Fixtures, Microwave, Security System, Stove, Refrigerator, Screens, Awnings, Attic Fan, Freezer, Fireplace Equipment, Garage Door Opener, Gas Grill, Gas Cooking
  • Subdivision Name: Rivers Edge
  • Architectural Style: Colonial
  • Reso Flooring: Ceramic Tile, Marble, Wood, Engineered
  • Reso Interior Features: Attic, Attic - Pull Down Stairs, Bay/Bow Window, Built-Ins, Ceilings - 9Ft+ 1st Flr, Ceilings - 9Ft+ 2nd Flr, Center Hall, Dec Molding, Den, French Doors, Housekeeper Qtrs, In-Law Suite, Security System, Sliding Door, Eat-in Kitchen, Recessed Lighting
  • New Construction: No
  • Year Built: 2001
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • Floors Engineered: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 1.26
  • General Property Info Farm: No
  • Location Middle School: Cedar Drive
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • WaterSewer Well: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Parking Asphalt: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 2.0
  • Interior Attic: Yes
  • Interior Ceilings - 9Ft 2nd Flr: Yes
  • Interior Dec Molding: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Foyer Two Story: Yes
  • Living Room French Doors2: Yes
  • Interior Den: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Exterior Sprinkler Under: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Included Window Treatments: Yes
  • Living Room Fireplace - Gas7: Yes
  • Interior BayBow Window: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • SidingBrick: Yes
  • Kitchen KitchenDine: Yes
  • Interior In-Law Suite: Yes
  • Included Double Oven: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Dec Molding5: Yes
  • Basement Heated: Yes
  • Kitchen Floor - Wood4: Yes
  • Included Security System2: Yes
  • Included Gas Grill: Yes
  • Kitchen Butler Pantry: Yes
  • Exterior BBQ: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Kitchen BayBow Window4: Yes
  • Included Attic Fan: Yes
  • Included Awnings: Yes
  • Included Counter Top Range: Yes
  • Exterior Security System3: Yes
  • Exterior Rec Area: Yes
  • GreatFamily Room Dec Molding6: Yes
  • Foyer Double Door Entry: Yes
  • Foyer Floor - Marble: Yes
  • Floors Marble: Yes
  • GreatFamily Room French Doors4: Yes
  • Rooms Library: Yes
  • Foyer Dec Molding2: Yes
  • SidingStucco: Yes
  • Interior Housekeeper Qtrs: Yes
  • Parking Circular Driveway: Yes
  • GreatFamily Room Ceilings - Beamed3: Yes
  • Exterior Basketball Court2: Yes
  • Heating 3 Zoned Heat: Yes
  • Cooling 4 Zone AC: Yes
  • Energy Features:Energy Appliances: Yes
  • Energy Features Program Thermostat: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Full, Heated
  • Basement: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplaces: 2
  • Total Bedrooms: 20
  • Stories: 2
  • Basement Finished: Yes
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Other Rooms:Sunroom: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • Kitchen Pantry: Yes
  • Features Interior:Security System: Yes
  • Other Rooms:Basement3: Yes
  • Appliances Included:Wall Oven: Yes
  • Dining Room Features:KitchenDinette: Yes
  • Other Rooms:Den2: Yes
  • Appliances Included:Freezer: Yes
  • Appliances Included:Central Vacuum: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:TRYVLTCATH3: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath Floor - Marble2: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 1.26
  • Waterfront Features: Other - See Remarks
  • Waterfront: Yes
  • Exclusions: Personal Belongings. Dining Room, Red couches in basement, two hutches off kitchen.
  • Construction Type: Brick
  • Exterior Features: Basketball Court, BBQ, Deck, Fence, Patio, Rec Area, Security System, Sprinkler Under, Other, Lighting

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Circular Driveway, Asphalt, Driveway, On Street
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, 4 Zone AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Natural Gas: Yes
  • Water/Sewer/Septic: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Cedar Drive

Lot Info

  • Lot Size Sq Ft: 54885.6
  • Parcel #: 10-00035-0000-00022-21
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 25136.0

MLS Schools

  • Elementary School: Cedar Drive
  • High School: Colts Neck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Jan 16, 2024
Sold by
Mcnelis Patrick J and Mcnelis Laura A
Bought by
Tegtmeyer Christopher Graham and Tegtmeyer Amber
Seller's Agent
Lillian LoRusso
Robert DeFalco Realty Inc.
Buyer's Agent
Trevor Bovington
Keller Williams Realty West Monmouth
List Price
$1,850,000
Sold Price
$1,780,000
Premium/Discount to List
-$70,000
-3.78%
Views
127
Current Estimated Value
$1,903,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,821
Avg. Annual Appreciation
3.12%
Original Mortgage
$1,068,000
Outstanding Balance
$1,054,187
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$813,710

Purchase Details

Closed on
Nov 22, 2010
Sold by
Mcnelis Laura
Bought by
Mcnelis Patrick J and Mc Nelis Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.62%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 27, 2001
Sold by
Rivers Edge Dev Llc
Bought by
Mcnelis Patrick and Mcnelis Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
7.14%

Purchase Details

Closed on
Feb 22, 1999
Sold by
Gatto Design
Bought by
Devt Rivers Edge
Source: Public Records

Range of Values:

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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
Tegtmeyer Christopher Graham $1,780,000 Emerald Title
Mcnelis Patrick J -- Foundation Title Llc
Mcnelis Patrick $900,000 --
Devt Rivers Edge $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tegtmeyer Christopher Graham $1,068,000
Previous Owner Mcnelis Patrick J $170,000
Previous Owner Mcnelis Patrick J $612,500
Previous Owner Mcnelis Laura $249,000
Previous Owner Mcnelis Patrick $720,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $1,780,000 -3.8% $303 / Sq Ft
11/09/2023 11/09/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $1,850,000 -- $315 / 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 $24,680 $1,647,600 $522,900 $1,124,700
2023 $24,680 $1,586,100 $522,900 $1,063,200
2022 $26,972 $1,513,300 $522,900 $990,400
2021 $26,972 $1,544,800 $592,900 $951,900
2020 $28,265 $1,602,300 $672,900 $929,400
2019 $27,774 $1,577,200 $647,900 $929,300
2018 $28,185 $1,587,900 $647,900 $940,000
2017 $27,934 $1,579,100 $639,900 $939,200
2016 $27,386 $1,582,100 $637,900 $944,200
2015 $27,385 $1,578,400 $647,900 $930,500
2014 $28,394 $1,683,100 $809,900 $873,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22327621

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 10-00035-0000-00022-21