$5,600,000
SOLD JUL 10, 2025

48 Cedar Dr Colts Neck, NJ 07722

6 Beds
7.5 Baths
8,860 Sq Ft
2.22 Acres

Recently Sold

$632 Per Sq Ft

7% Below List Price

104 Days on Market

Highlights

  • Heated Indoor Pool
  • New Construction
  • No HOA
  • Conover Road School Rated A-
  • Custom Home
  • Balcony

About This Home

As of July 2025

Every once in a while a property becomes available in our area like never seen before, and this is certainly one of those times! Presenting this brand new fully rebuilt masterpiece in the highly desired Colts Neck market situated on over 2 acres of pristine property featuring 6 bedrooms and 7.5 baths sprawled across three floor. Over 11,800 sq ft of finished living space showcasing 30ft ceiling heights in the Dramatic entry way and a spectacular floor plan with first floor having an oversized chef's kitchen that opens into the family room along with an office and a full in-law suite and a separate dining room fit for royalty featuring a custom designed bar and private access to your outdoor terrace. Main level also has a spa/relaxation area that is located right off of the Indoor pool which features all top of the line technology and a true entertainment area that can be made into an outdoor oasis with all of the sliding pocket doors as well for year round enjoyment. There was no expense spared from the cabinetry and built ins along with detailed trim and lighting packages selected to curate the style and design of this modern masterpiece. Engineered wide plank hardwood throughout along with porcelain accents in the kitchen and all bathrooms custom designed with the highest of quality finish. Primary suite to die for with an abundance of custom closets and a luxurious bathroom with all the bells and whistles. Every bedroom is an ensuite and the design elements flow naturally through the home all the way into the finished walkup level basement featuring a full steam/spa area along with a wine room that fits over 1100 bottles. Main levels have full radiant heat and home has 6 zones of cooling. Garage has room for up to 7 cars and the driveway up front can house up to 40 cars comfortably for entertaining. Full security package inside and out along with an incredible landscape design and hardscape package. Located close to all major shopping and transit along with one of the top school districts in the state. This is a type of property you must come and tour to understand the opulence and level of finish created here for the most discerning buyer.

Last Agent to Sell the Property

Aleksandr Pritsker

EXP Realty License #1008359 Listed on: 01/09/2025

EXP Realty

Last Buyer's Agent

Svetlana Kim

EXP Realty License #1648203

EXP Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,288

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 2.22 Acre Lot
  • Fenced

Parking

  • 7 Car Garage
  • Driveway

Home Design

  • Custom Home
  • Contemporary Architecture
  • Asphalt Rolled Roof

Interior Spaces

  • 8,860 Sq Ft Home
  • 3-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Accessible Home Design

  • Handicap Accessible

Pool

  • Heated Indoor Pool
  • Heated In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Septic Tank
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: all personal belongings furniture negotiable
  • Assessor Parcel Number 10-00012-0000-00012-02

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,288

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

7

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoPoolFeatures: Heated, In Ground, Indoor
  • Subdivision Name: None
  • Architectural Style: Custom, Contemporary
  • New Construction: Yes
  • Year Built: 2024
  • Contract Info List PriceSqFt: 677.2
  • Contract Info New Construction: Yes
  • General Property Info Waterview: No
  • 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: 2.22
  • WaterSewer Well: Yes
  • ExteriorFence: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: Yes
  • Roof Timberline: Yes
  • Basement Heated: Yes
  • PoolIndoor: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: NewHome

Interior Features

  • Basement: Ceilings - High, Finished, Full, Heated, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Stories: 3
  • Basement Finished: Yes
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Timberline
  • Fencing: Fence
  • Acres: 2.22
  • Waterfront: No
  • Exclusions: all personal belongings furniture negotiable
  • Exterior Features: Balcony, Swimming
  • Patio And Porch Features: Patio
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 7.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: Other, 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Natural Gas: Yes
  • Water/Sewer/Septic: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 96703.2
  • Parcel #: 10-00012-0000-00012-02

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 21288.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2025
Closed on
Jul 7, 2025
Sold by
Pugliese Vincenzo and Pugliese Natalia
Bought by
Mezhibovsky Roger
Seller's Agent
Aleksandr Pritsker
EXP Realty
Buyer's Agent
Svetlana Kim
EXP Realty
List Price
$5,999,999
Sold Price
$5,600,000
Premium/Discount to List
-$399,999
-6.67%
Views
275
Current Estimated Value
$5,357,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$242,931
Avg. Annual Appreciation
-8.03%

Purchase Details

Listed on
Apr 8, 2022
Closed on
Jun 15, 2022
Sold by
Murugesan and Angappan
Bought by
Pugliese Vincenzo and Pugliese Natalia
Seller's Agent
Peter Maneri
Berkshire Hathaway HomeServices Fox & Roach - Holmdel
Buyer's Agent
Thomas Connors
Weichert Realtors-Holmdel
List Price
$1,499,000
Sold Price
$1,385,000
Premium/Discount to List
-$114,000
-7.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.63%
Original Mortgage
$885,000
Interest Rate
5.23%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Deed $5,600,000 Coastal Title Agency
Deed $5,600,000 Coastal Title Agency
Bargain Sale Deed $1,385,000 Cambria Anthony R
Bargain Sale Deed $1,385,000 Cambria Anthony R
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $885,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2025 07/10/25 Sold $5,600,000 -6.7% $632 / Sq Ft
04/23/2025 04/23/25 Pending -- -- --
01/09/2025 01/09/25 For Sale $5,999,999 +333.2% $677 / Sq Ft
06/16/2022 06/16/22 Sold $1,385,000 -7.6% $219 / Sq Ft View Prior Sale
04/28/2022 04/28/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $1,499,000 -- $237 / 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 $21,463 $2,508,200 $378,600 $2,129,600
2024 $21,288 $1,440,500 $378,600 $1,061,900
2023 $21,288 $1,368,100 $378,600 $989,500
2022 $25,088 $1,542,600 $378,600 $1,164,000
2021 $25,088 $1,438,500 $333,600 $1,104,900
2020 $24,678 $1,399,000 $333,600 $1,065,400
2019 $24,404 $1,385,800 $333,600 $1,052,200
2018 $24,365 $1,372,700 $333,600 $1,039,100
2017 $24,050 $1,359,500 $333,600 $1,025,900
2016 $23,420 $1,353,000 $333,600 $1,019,400
2015 $25,274 $1,456,700 $463,600 $993,100
2014 $24,323 $1,441,800 $488,100 $953,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22500722

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 10-00012-0000-00012-2