NOT LISTED FOR SALE

187 Route 537 Colts Neck, NJ 07722

Estimated Value: $749,000 - $1,119,000

4 Beds
2 Baths
2,415 Sq Ft
$372/Sq Ft Est. Value

Last Sold June 05, 2024

Last sale price $725,000 $300 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,708/month

780 Days on Market

Highlights

  • Custom Home
  • Wood Flooring
  • No HOA
  • Conover Road School Rated A
  • Sun or Florida Room
  • Cooling Available

About This Home

As of June 2024

Residential/Commercial Property on 1.4+/- acres in Colts Neck Business District across from the Colts Neck Inn. The colonial home on this property is over 100 years old. House is not historically protected. This 4 Bedroom and 2 Bath home has New HWBB natural gas furnace. Hardwood floors throughout. Remaining property in rear is available for a total of $1,250,000 on 2.75acres. Attached survey under documents and photo. Liquor license available to purchase.

Last Agent to Sell the Property

Lillian Burry

Colts Neck Realty License #7811503 Listed on: 02/14/2022

Last Buyer's Agent

Randee Levine

Keller Williams Realty West Monmouth License #0018187

Keller Williams Realty West Monmouth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,236

Year Built

  • Built in 1912

Lot Details

  • 1.4 Acre Lot

Home Design

  • Custom Home
  • Colonial Architecture
  • Shingle Roof

Interior Spaces

  • 2,415 Sq Ft Home
  • 2-Story Property
  • Light Fixtures
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Screened Porch
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms

Parking

  • No Garage
  • Gravel Driveway
  • Paved Parking

Schools

  • Conover Road Elementary School
  • Cedar Drive Middle School
  • Christian Bros High School

Utilities

  • Cooling Available
  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 10-00030-0000-00018

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,236

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Light Fixtures
  • Subdivision Name: None
  • Architectural Style: Custom, Colonial
  • Year Built: 1912
  • 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
  • General Property Info Acreage: 1.4
  • General Property Info Farm: No
  • 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
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Included Light Fixtures: Yes
  • Garage None4: Yes
  • Water Heater Off Boiler: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Exterior Porch - Screened: Yes
  • Special Features: None

Interior Features

  • Basement: Bilco Style Doors, Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Sunroom: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 1.4
  • Topography: Level
  • Waterfront: No
  • Exterior Features: Porch - Screened

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Gravel, None
  • General Property Info:Garage: No
  • Parking:Gravel2: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • 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: 60984.0
  • Parcel #: 10-00030-0000-00018
  • Zoning Description: Professional, Residential, Single Family, Retail, Central Business, Commercial

MLS Schools

  • Elementary School: Conover Road
  • High School: Christian Bros

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2025
Sold by
Lm 537 Colts Neck Llc
Bought by
9 Heyers Mill Llc
Total Days on Market
780
Current Estimated Value
$899,137

Purchase Details

Listed on
Feb 14, 2022
Closed on
Jun 12, 2024
Sold by
Lm 537 Colts Neck Llc
Bought by
Tooker Joshua
Seller's Agent
Lillian Burry
Colts Neck Realty
Buyer's Agent
Randee Levine
Keller Williams Realty West Monmouth
List Price
$745,000
Sold Price
$725,000
Premium/Discount to List
-$20,000
-2.68%
Views
1021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.56%
Original Mortgage
$525,000
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 14, 2022
Closed on
Apr 19, 2024
Sold by
Lm 537 Colts Neck Llc
Bought by
Lm 537 Colts Neck Llc
Seller's Agent
Lillian Burry
Colts Neck Realty
Buyer's Agent
Randee Levine
Keller Williams Realty West Monmouth
List Price
$745,000
Sold Price
$725,000
Premium/Discount to List
-$20,000
-2.68%
Views
1021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 6, 2018
Closed on
Jun 13, 2019
Sold by
Smith Anne C and Estate Of Julia Camarata
Bought by
Lm537 Colts Neck Llc
Seller's Agent
Allan Buim
Berkshire Hathaway HomeServices Fox & Roach - Manalapan
Buyer's Agent
Joseph Orrico
Orrico Realty
Sold Price
$675,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.46%
Original Mortgage
$450,000
Interest Rate
3.9%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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
9 Heyers Mill Llc $525,000 Afrm Title & Abstract
9 Heyers Mill Llc $525,000 Afrm Title & Abstract
Tooker Joshua $725,000 None Listed On Document
Tooker Joshua $725,000 None Listed On Document
Lm 537 Colts Neck Llc -- None Listed On Document
Lm 537 Colts Neck Llc -- None Listed On Document
Lm537 Colts Neck Llc $675,000 Coastal Title Agency Inc
Lm537 Colts Neck Llc $675,000 Coastal Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tooker Joshua $525,000
Previous Owner Lm537 Colts Neck Llc $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2024 06/05/24 Sold $725,000 0.0% $300 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
05/15/2023 05/15/23 Price Changed $725,000 -7.6% $300 / Sq Ft
01/23/2023 01/23/23 Price Changed $785,000 +5.4% $325 / Sq Ft
02/14/2022 02/14/22 For Sale $745,000 +10.4% $308 / Sq Ft
07/03/2019 07/03/19 Sold $675,000 -- $280 / 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 $11,236 $735,900 $482,500 $253,400
2023 $11,236 $722,100 $482,500 $239,600
2022 $12,122 $705,700 $482,500 $223,200
2021 $12,122 $694,300 $482,500 $211,800
2020 $12,115 $686,800 $482,500 $204,300
2019 $9,652 $548,100 $386,000 $162,100
2018 $9,693 $546,100 $386,000 $160,100
2017 $9,549 $539,800 $378,000 $161,800
2016 $8,980 $518,800 $358,000 $160,800
2015 $9,060 $522,200 $365,600 $156,600
2014 $8,730 $517,500 $393,800 $123,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22203936

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 10-00030-0000-00018