$1,165,000
SOLD DEC 23, 2024
3 Beds
2 Baths
-- Sq Ft
10 Acres

Recently Sold

7% Below List Price

19 Days on Market

Highlights

  • Horses Allowed On Property
  • 10 Acre Lot
  • Living Room
  • Allentown High School Rated A-
  • No HOA
  • Horse Farm

About This Home

As of December 2024

Welcome to Ryan Stables, an exquisite 10-acre horse farm located in a most desirable section of Cream
Ridge. From the start up the long-paved drive way, you will immediately be impressed by the
professional landscaping leading to the custom built 3 br, 2 bath home at the top of the drive. This
home offers all the comforts of country living, from its hardwood floors, to it’s open e/i/k and dining
room combination, featuring a brick, wood burning fire place equipped with a heat generating insert,
followed by an expansive family room overlooking acres of pasture. A 1st floor bedroom, laundry and full
hall bath complete the first level. The second level offers two additional large bedrooms and a full bath.
The partially finished full basement with laundry and Bilko door for easy access to the outside complete
the homes interior features. The exterior of the home provides additional comfort and charm, with the
wrap around covered front porch overlooking the front pasture that continues to the expansive open
composite deck with vinyl railings. Porch and deck lead to brick pavers surrounding the front side and
rear of the home. Professional landscaping extends completely around the home across the parking
area and along the barn providing additional warmth and charm to the property. The paved driveway
continues to a large paved parking area between the home and the 6 stable barn. This area is large
enough to easily accommodate several cars or 4 to 5 horse trailers. In addition to the 6 stables, the barn
offers a paver mid-way, tack room, repair shop, storage room, and farm equipment garage. A three-rail
fence with electric-shock wiring surrounds the front two pastures with a 5’ wire fence encompassing the
rear pastures. There are 3 automatic watering systems for the horses, two in the front pasture and one
in the back. Three rain sheds accessible from all the pastures, a large shed currently used as a social
spot, and a gazebo complete the outbuildings. In addition to having 10 acres of farm, this property is
within one mile +/- of the Union Transportation Trail, (UTT). This trail is 9.3 miles long and follows the
path of the former Pemberton & Heightstown Railway, through picturesque settings and is open to
hikers, bikers and horses, providing a great convivence to horse owners needing a place to board their
horses, The overall condition of this property from the house to the outbuildings, to the grounds are a
direct reflection of the love and care this owner had for this farm Additional benefits to owning this
property are: Purchase includes Block #34, Lot# 25 02, consisting of 1 acre for 3Br residence, 6.8 acres
farmland assessed for pasture and outbuildings, and Block# 34, Lot#25 08, consisting of an additional 2.7
acres of pasture with frontage on Meirs Road, currently farmland assessed, which has already been sub-
divided and capable of being sold and developed as a single family residence. Close to major highways,
Six Flags Amusement Park, and Jackson Premium Outlet shopping center.

Last Agent to Sell the Property

Jim Carnival

Corcoran Sawyer Smith Listed on: 09/26/2024

Corcoran Sawyer Smith

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $11,701

Year Built

  • Built in 1973

Lot Details

  • 10 Acre Lot
  • Property is zoned FARM

Home Design

  • Farm

Interior Spaces

  • Property has 2 Levels
  • Family Room
  • Living Room
  • Dining Room
  • Partially Finished Basement

Bedrooms and Bathrooms

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces

Utilities

  • Central Air
  • Heating System Uses Oil
  • Well
  • Oil Water Heater
  • On Site Septic

Additional Features

  • Shed
  • Horse Farm
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00025 02
  • Assessor Parcel Number 51-00034-00025 02-QFARM

Property Details

Property Type

Other

Est. Annual Taxes

$11,701

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Farm
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2024-09-30
  • Year Built: 1973
  • Automatically Close On Close Date: No
  • Remarks Public: Welcome to Ryan Stables, an exquisite 10-acre horse farm located in a most desirable section of Cream Ridge. From the start up the long-paved drive way, you will immediately be impressed by the professional landscaping leading to the custom built 3 br, 2 bath home at the top of the drive. This home offers all the comforts of country living, from its hardwood floors, to it’s open e/i/k and dining room combination, featuring a brick, wood burning fire place equipped with a heat generating insert, followed by an expansive family room overlooking acres of pasture. A 1st floor bedroom, laundry and full hall bath complete the first level. The second level offers two additional large bedrooms and a full bath. The partially finished full basement with laundry and Bilko door for easy access to the outside complete the homes interior features. The exterior of the home provides additional comfort and charm, with the wrap around covered front porch overlooking the front pasture that continues to the expansive open composite deck with vinyl railings. Porch and deck lead to brick pavers surrounding the front side and rear of the home. Professional landscaping extends completely around the home across the parking area and along the barn providing additional warmth and charm to the property. The paved driveway continues to a large paved parking area between the home and the 6 stable barn. This area is large enough to easily accommodate several cars or 4 to 5 horse trailers. In addition to the 6 stables, the barn offers a paver mid-way, tack room, repair shop, storage room, and farm equipment garage. A three-rail fence with electric-shock wiring surrounds the front two pastures with a 5’ wire fence encompassing the rear pastures. There are 3 automatic watering systems for the horses, two in the front pasture and one in the back. Three rain sheds accessible from all the pastures, a large shed currently used as a social spot, and a gazebo complete the outbuildings. In addition to having 10 acres of farm, this property is within one mile +/- of the Union Transportation Trail, (UTT). This trail is 9.3 miles long and follows the path of the former Pemberton & Heightstown Railway, through picturesque settings and is open to hikers, bikers and horses, providing a great convivence to horse owners needing a place to board their horses, The overall condition of this property from the house to the outbuildings, to the grounds are a direct reflection of the love and care this owner had for this farm Additional benefits to owning this property are: Purchase includes Block #34, Lot# 25 02, consisting of 1 acre for 3Br residence, 6.8 acres farmland assessed for pasture and outbuildings, and Block# 34, Lot#25 08, consisting of an additional 2.7 acres of pasture with frontage on Meirs Road, currently farmland assessed, which has already been sub- divided and capable of being sold and developed as a single family residence. Close to major highways, Six Flags Amusement Park, and Jackson Premium Outlet shopping center.
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Fireplace: No
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Family Room, Bedroom 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 23

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating Fuel: Oil
  • Heating: Yes
  • Hot Water: Oil
  • Sewer/Septic System: On Site Septic
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: UPPER FREEHOLD REGIONAL SCHOOLS
  • School District Key: 300200396616
  • School District Source: Listing Agent

Lot Info

  • Horses: Yes
  • Crops Included: No
  • Farm Features: Shed(s)
  • Farm Land Area Units: Acres
  • Farm Operation: Horse
  • Lot Size Acres: 10.00
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 435600.00
  • Year Assessed: 2022
  • Zoning: FARM
  • Farmland Preservation: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 29.00
  • Assessor Parcel Number: 51-00034-00025 02-QFARM
  • Tax Lot: 00025 02
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/23/2024

MLS Schools

  • School District Name: UPPER FREEHOLD REGIONAL SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2024
Closed on
Dec 20, 2024
Sold by
Gaum Ryan and Oswald Carol
Bought by
Gonzalez Adam
Seller's Agent
Jim Carnival
Corcoran Sawyer Smith
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$1,250,000
Sold Price
$1,165,000
Premium/Discount to List
-$85,000
-6.8%
Views
34
Current Estimated Value
$1,060,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$104,690
Avg. Annual Appreciation
-12.10%
Original Mortgage
$400,000
Outstanding Balance
$397,206
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$663,104
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 Type Sale Price Title Company
Deed $950,000 First American Title
Deed $950,000 First American Title
Deed $950,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 New Conventional
Closed $400,000 New Conventional
Previous Owner $258,500 New Conventional
Previous Owner $272,402 New Conventional
Previous Owner $296,072 New Conventional
Previous Owner $302,000 Unknown
Previous Owner $250,000 Unknown
Previous Owner $55,000 Stand Alone Second
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2024 12/23/24 Sold $1,165,000 0.0% --
12/23/2024 12/23/24 Sold $1,165,000 -6.8% $496 / Sq Ft
10/15/2024 10/15/24 Pending -- -- --
10/15/2024 10/15/24 Pending -- -- --
09/26/2024 09/26/24 For Sale $1,250,000 0.0% --
09/26/2024 09/26/24 For Sale $1,250,000 -- $532 / Sq Ft
Source: Bright MLS

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
2025 $11,701 $570,100 $212,000 $358,100
2024 $11,471 $542,700 $192,200 $350,500
2023 $11,471 $516,500 $160,000 $356,500
2022 $9,998 $479,300 $140,000 $339,300
2021 $9,998 $428,600 $125,100 $303,500
2020 $10,144 $420,200 $125,100 $295,100
2019 $9,988 $416,700 $125,100 $291,600
2018 $9,749 $400,700 $125,100 $275,600
2017 $9,455 $393,800 $125,000 $268,800
2016 $9,180 $387,000 $125,000 $262,000
2015 $9,393 $400,200 $150,000 $250,200
2014 $9,344 $401,200 $175,000 $226,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJMM2003022

Bright MLS

APN: 51-00034-0000-00025-02