NOT LISTED FOR SALE

393 Route 537 Colts Neck, NJ 07722

Estimated Value: $1,029,000 - $1,444,000

5 Beds
3 Baths
2,147 Sq Ft
$545/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $1,725,000 $803 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $7,056/month

273 Days on Market

Highlights

  • New Kitchen
  • Raised Ranch Architecture
  • Main Floor Primary Bedroom
  • Conover Road School Rated A
  • Engineered Wood Flooring
  • Marble Bathroom Countertops

About This Home

As of April 2024

SPECTACULAR 18.5 Acres of PRESERVED farmland property w/ bonus of newly renovated 5-bedroom spacious home sitting on its own parcel of 2-acre unrestricted land. This expansive property is nestled in a prime section of Colts Neck and is surrounded by estate homes, prestigious golf courses, and luxury horse farms all while being in close proximity to shopping, dining, mass transportation, and beaches. The HOUSE: Renovated top to bottom features all NEW: Timberline roof, Maibec cedar pre-stained siding, Andersen 200 series windows and sliders, wood engineered flooring, 1st floor primary bedroom w/ full bath and walk in closet, sleek kitchen w/ quartz countertops/stainless appliances, on trend baths, and enclosed, private 3 season room. Updates also include NEW: Above ground oil tank, hot water heater, A/C, outlets and fixtures. The 2-car garage and full basement provide plenty of storage. Whole house generator completes this space. This 18.5-acre land is zoned agricultural and must be operated as a farm and cannot be subdivided. Take advantage of this unique opportunity today!

Last Agent to Sell the Property

Nicole Kelly

Coldwell Banker Realty License #0560741 Listed on: 07/13/2023

Coldwell Banker Realty

Last Buyer's Agent

Paul Kiernan

RE/MAX Welcome Home License #0458170

RE/MAX Welcome Home

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,910

Year Built

  • Built in 1959

Lot Details

  • 2.27 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Level Lot

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Driveway

Home Design

  • Raised Ranch Architecture
  • Asphalt Rolled Roof
  • Cedar Shake Siding
  • Shake Siding

Interior Spaces

  • 2,147 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Recessed Lighting
  • Bay Window
  • Sliding Doors
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Loft
  • Sun or Florida Room
  • Center Hall
  • Engineered Wood Flooring
  • Attic Fan
  • Washer

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Built-In Oven
  • Electric Cooktop
  • Stove
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Primary bathroom on main floor
  • Marble Bathroom Countertops
  • Primary Bathroom includes a Walk-In Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Crawl Space

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Property is near a golf course

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil Above Ground
  • Power Generator
  • Well
  • Electric Water Heater
  • Septic Tank
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: light fixtures
  • Assessor Parcel Number 10-00039-0000-00008-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,910

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Near Golf Course, Cul-De-Sac, Dead End Street
  • Inclusions: Outdoor Lighting, Washer, Wall Oven, Dishwasher, Electric Cooking, Stove, Attic Fan, Generator
  • Subdivision Name: None
  • Architectural Style: Raised Ranch, 2 Story
  • Reso Flooring: Engineered
  • Reso Interior Features: Center Hall, Dec Molding, Loft, Sliding Door, Recessed Lighting
  • New Construction: No
  • Year Built: 1959
  • Contract Info List PriceSqFt: 896.6
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • Foyer Floor - Engineered5: Yes
  • Living Room Floor - Engineered: Yes
  • Dining Room Floor - Engineered2: Yes
  • Floors Engineered: Yes
  • Kitchen Floor - Engineered3: Yes
  • Kitchen Quartz: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 2.27
  • WaterSewer Well: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • Exterior Lighting: Yes
  • Parking Asphalt: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Lot Description Dead End Street: Yes
  • Included Electric Cooking: Yes
  • Included Outdoor Lighting: Yes
  • Rooms Garage4: Yes
  • Dining Room Dec Molding4: Yes
  • Roof Timberline: Yes
  • Heating Oil Above Ground: Yes
  • Utilities Included Generator: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Dec Molding5: Yes
  • Lot Description Cul-De-Sac: Yes
  • Garage Oversized: Yes
  • Interior Loft: Yes
  • Living Room Sliding Door2: Yes
  • Rooms Loft2: Yes
  • Kitchen BayBow Window4: Yes
  • Included Attic Fan: Yes
  • SidingCedarShake: Yes
  • Foyer Dec Molding2: Yes
  • Style Raised Ranch: Yes
  • Lot Description Near Golf Course: Yes
  • Style 2 Story: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space, Full, Partial, Unfinished
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Washer: Yes
  • Other Rooms:Sunroom: Yes
  • Basement:Unfinished: Yes
  • Other Rooms:Foyer: Yes
  • Other Rooms:Basement3: Yes
  • Appliances Included:Wall Oven: Yes
  • Basement:Partial: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bathroom Level:First42: Yes
  • Primary Bedroom Level:First43: Yes
  • Primary Bath Marble7: Yes

Exterior Features

  • Roof: Timberline
  • Acres: 2.27
  • Topography: Level
  • Waterfront: No
  • Exclusions: light fixtures
  • Construction Type: Shake Siding
  • Exterior Features: Porch - Covered, Lighting
  • Features Exterior:Porch Covered: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Paved, Asphalt, Driveway, Direct Access, Oversized
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:Paved: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Oil Above Ground, Forced Air
  • HeatingYN: Yes
  • Water Source: Well
  • Water/Sewer/Septic: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 98881.2
  • Parcel #: 10-00039-0000-00008-01
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7910.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2023
Closed on
Apr 26, 2024
Sold by
Sparta Property Holdings Inc
Bought by
Bebout Clifford
Seller's Agent
Nicole Kelly
Coldwell Banker Realty
Buyer's Agent
Paul Kiernan
RE/MAX Welcome Home
List Price
$2,125,000
Sold Price
$1,725,000
Premium/Discount to List
-$400,000
-18.82%
Views
102
Current Estimated Value
$1,170,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$554,718
Avg. Annual Appreciation
-21.90%

Purchase Details

Listed on
Jun 24, 2022
Closed on
Aug 5, 2022
Sold by
Druesne Barry
Bought by
Natures Choice Corporation
Seller's Agent
William Himmelman
Weichert Realtors-Manalapan
Buyer's Agent
Virginia Mcmahon
Heritage House Sotheby's International Realty
List Price
$699,900
Sold Price
$700,000
Premium/Discount to List
$100
0.01%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
71.61%

Purchase Details

Listed on
Jun 24, 2022
Closed on
Aug 1, 2022
Sold by
Druesne Maeve and Druesne Barry
Bought by
Druesne Barry
Seller's Agent
William Himmelman
Weichert Realtors-Manalapan
Buyer's Agent
Virginia Mcmahon
Heritage House Sotheby's International Realty
List Price
$699,900
Sold Price
$700,000
Premium/Discount to List
$100
0.01%
Views
8

Purchase Details

Closed on
Oct 11, 2019
Sold by
Druesne Barry and Druesne Maeve
Bought by
Druesne Barry and Druesne Maeve
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bebout Clifford $500,000 Scott Title Services
Natures Choice Corporation $700,000 Nuco Title
Natures Choice Corporation $700,000 Nuco Title
Druesne Barry -- Fidelity National Title
Druesne Barry -- Fidelity National Title
Druesne Barry -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2024 04/26/24 Sold $1,725,000 -10.4% $803 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
08/16/2023 08/16/23 Price Changed $1,925,000 -9.4% $897 / Sq Ft
07/13/2023 07/13/23 For Sale $2,125,000 +203.6% $990 / Sq Ft
08/26/2022 08/26/22 Sold $700,000 0.0% $326 / Sq Ft View Prior Sale
07/21/2022 07/21/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $699,900 0.0% $326 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
04/30/2022 04/30/22 For Sale $699,900 -- $326 / 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 $10,499 $927,400 $505,500 $421,900
2024 $8,353 $704,600 $308,300 $396,300
2023 $8,353 $536,800 $308,300 $228,500
2022 $7,606 $476,200 $263,300 $212,900
2021 $7,606 $465,300 $263,300 $202,000
2020 $8,319 $471,600 $276,800 $194,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22318819

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 10-00039-0000-00008-01