NOT LISTED FOR SALE

325 County Road 526 Upper Freehold, NJ 08514

Estimated Value: $646,000 - $3,283,000

6 Beds
8 Baths
11,291 Sq Ft
$193/Sq Ft Est. Value

Last Sold December 22, 2020

Last sale price $5,500,000 $487 Per Sq Ft

Current estimated payment $15,814/month

126 Days on Market

Highlights

  • Lake Front
  • Guest House
  • Home Theater
  • Allentown High School Rated A-
  • Paddocks
  • Heated In Ground Pool

About This Home

As of December 2020

Over 305 Pristine and preserved acres, available as a residence or business. Perretti Farms enjoyed legendary status as the largest and most prestigious stallion breeding farm in New Jersey. Everything was designed and built to the highest standards and operated very successfully for many years. Now this coveted property, which is convenient to everything, is available at a very opportunistic price. Two large tracts in farmland preservation with luxury Owner's residence, pool and guest wings, in a picturesque setting surrounded by pastures, and a lake- adjacent to Clayton Park. The price includes two additional homes and barns within this world-class, turn-key equine facility. This unique property is also offered as Land and as a Commercial listing, for the Equestrian Farm. Carpe Diem!

Last Agent to Sell the Property

Brian Church

Berkshire Hathaway HomeServices Fox & Roach - Neptune City License #9591954 Listed on: 07/10/2020

Berkshire Hathaway HomeServices Fox & Roach - Neptune City

Last Buyer's Agent

Brian Church

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $61,091

Lot Details

  • 305 Acre Lot
  • Home fronts a creek
  • Lake Front
  • Fenced
  • Oversized Lot
  • Backs to Trees or Woods

Parking

  • 6 Car Garage
  • Garage Apartment
  • Driveway
  • Visitor Parking

Home Design

  • Shore Colonial Architecture
  • Farmhouse Style Home
  • Shingle Roof

Interior Spaces

  • 11,291 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Crown Molding
  • Skylights
  • Track Lighting
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Insulated Windows
  • French Doors
  • Entrance Foyer
  • Great Room
  • Sitting Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Recreation Room
  • Bonus Room
  • Home Gym
  • Center Hall
  • Water Views

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary bedroom located on second floor
  • 8 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Primary Bathroom includes a Walk-In Shower

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Pool
  • Pool Equipment Stays

Outdoor Features

  • Creek On Lot
  • Lake On Lot
  • Balcony
  • Patio
  • Exterior Lighting
  • Outbuilding
  • Porch

Schools

  • Upper Freehold Elementary School
  • Upper Freehold Reg Middle School
  • Allentown High School

Utilities

  • Central Air
  • Heating Available
  • Programmable Thermostat
  • Well
  • Electric Water Heater
  • Septic System

Additional Features

  • Guest House
  • Horse or Livestock Barn
  • Paddocks

Community Details

  • No Home Owners Association
  • Equestrian Farm

Listing and Financial Details

  • Assessor Parcel Number 5100020000000002

Home Details

Home Type

Single Family

Est. Annual Taxes

$61,091

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Model: Equestrian Farm
  • ResoLotFeatures: See Remarks, Other, Back to Woods, Creek, Fenced Area, Lake, Oversized
  • ResoPoolFeatures: Gunite, Heated, In Ground, Pool Equipment
  • Subdivision Name: None
  • Architectural Style: Farm House, Detached, Shore Colonial
  • Reso Flooring: Tile, W/W Carpet, Wood
  • Reso Interior Features: Center Hall, Dec Molding, Fitness, French Doors, Wet Bar
  • New Construction: No
  • Reso Other Structures: Barn, Guest House, Horse Barn, Misc Building, Paddocks, Training Track
  • ResoWindowFeatures: Insulated Windows
  • 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: Yes
  • Exterior Balcony2: Yes
  • ExteriorPatio: Yes
  • Exterior Swimming: Yes
  • Pool Heated3: Yes
  • General Property Info Acreage: 305.0
  • General Property Info Farm: Yes
  • Location Middle School: Upper Freehold Reg
  • WaterSewer Well: Yes
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Lot Description Back to Woods: Yes
  • Lot Description Fenced Area: Yes
  • Floors Wood: Yes
  • Exterior Lighting: Yes
  • Parking Asphalt: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 3.0
  • Interior Dec Molding: Yes
  • Interior French Doors: Yes
  • Exterior Porch - Open: Yes
  • Pool Pool Equipment: Yes
  • Rooms Bonus Room2: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • GreatFamily Room Fireplace - Woodburning5: Yes
  • Rooms Sitting: Yes
  • Style Shore Colonial: Yes
  • Parking Oversized2: Yes
  • Rooms Breakfast: Yes
  • Floors Tile: Yes
  • Parking Visitor: Yes
  • PoolGunite: Yes
  • Rec Room Level Basement9: Yes
  • Interior Fitness: Yes
  • Lot Description Creek2: Yes
  • Out Buildings Guest House: Yes
  • Out Buildings Misc Building: Yes
  • Exterior Outbuilding: Yes
  • Garage Apt Above Garage: Yes
  • Lot Description Lake2: Yes
  • Water Type Lake: Yes
  • Water Type Creek: Yes
  • Out Buildings Barn: Yes
  • Out Buildings Horse Barn: Yes
  • Out Buildings Paddocks: Yes
  • Out Buildings Training Track: Yes
  • Energy Features Program Thermostat: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Ceilings - High, Full Finished, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 8
  • Total Bedrooms: 6
  • Fireplaces: 3
  • Total Bedrooms: 18
  • Stories: 3
  • Other Rooms:Dining Room: Yes
  • Basement:Walk-Out Access: Yes
  • Other Rooms:Foyer: Yes
  • Other Rooms:Great Room: Yes
  • Features Interior:Wet Bar: Yes
  • Other Rooms:Rec Room: Yes
  • Other Rooms:Media Room: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath Skylight6: Yes
  • Primary Bath Whirlpool: Yes
  • Primary Bedroom Fireplace - Woodburning6: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 305.0
  • Waterfront Features: Creek, Lake
  • Waterfront: Yes
  • Exterior Features: Balcony, Fence, Outbuilding, Patio, Porch - Open, Swimming, Lighting
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 6.0
  • Parking Features: Asphalt, Driveway, Visitor
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • HeatingYN: Yes
  • Water Source: Well
  • Water/Sewer/Septic: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Upper Freehold Reg

Lot Info

  • Lot Size Sq Ft: 13285800.0
  • Parcel #: 5100020000000002
  • Zoning Description: Agricultural

Green Features

  • Energy Features Insulated Windows: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 61091.0

MLS Schools

  • Elementary School: Upper Freehold
  • High School: Allentown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Dec 11, 2020
Sold by
Wp Wellington Llc
Bought by
Pheasant Hill Farm Llc
Seller's Agent
Brian Church
Berkshire Hathaway HomeServices Fox & Roach - Neptune City
Buyer's Agent
Brian Church
Berkshire Hathaway HomeServices Fox & Roach - Neptune City
List Price
$5,995,000
Sold Price
$5,500,000
Premium/Discount to List
-$495,000
-8.26%
Current Estimated Value
$2,179,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,320,290
Avg. Annual Appreciation
-17.91%
Original Mortgage
$5,550,000
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 31, 2006
Sold by
Perretti William J
Bought by
Wp Wellingyon Llc
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
Pheasant Hill Farm Llc $5,500,000 Prestige Title Agency Nos
Pheasant Hill Farm Llc $5,500,000 Old Republic Title
Wp Wellingyon Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pheasant Hill Farm Llc $5,550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2020 12/22/20 Sold $5,500,000 -8.3% $487 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $5,995,000 -- $531 / 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
2025 $47,525 $2,391,400 $218,000 $2,173,400
2024 $47,172 $2,204,300 $135,200 $2,069,100
2023 $47,172 $2,123,900 $135,000 $1,988,900
2022 $40,578 $1,723,600 $125,100 $1,598,500
2021 $40,578 $1,673,300 $125,100 $1,548,200
2020 $39,343 $1,629,800 $125,100 $1,504,700
2019 $38,685 $1,613,900 $125,100 $1,488,800
2018 $37,607 $1,545,700 $125,100 $1,420,600
2017 $36,306 $1,512,100 $125,000 $1,387,100
2016 $35,103 $1,479,900 $125,000 $1,354,900
2015 $46,529 $1,982,500 $150,000 $1,832,500
2014 $51,245 $2,200,300 $175,000 $2,025,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22023020

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 51-00020-0000-00002