NOT LISTED FOR SALE

50 Orchard Ln Colts Neck, NJ 07722

Estimated Value: $857,231 - $2,286,000

1.28 Acres
$1,227,825 Price per Acre
55,757 Sq Ft Lot

Last Sold June 02, 2022

Last sale price $740,000

Est. 112% increase in value since last sale

Current estimated payment $9,495/month

94 Days on Market

Highlights

  • River View
  • Adjacent to Greenbelt
  • Cul-De-Sac
  • Conover Road School Rated A

About This Lot

As of June 2022

At considerable time and expense the property owners have been able to apply for and receive NJDEP approvals on the above plan which includes footprint for house, pool, cabana, septic etc. Reservoir lots are a much sought after and rare commodity. This beautiful property presents an opportunity for individuals to realize their plans and dreams to build in this very exceptional location and enjoy water views. Orchard Lane has long been one of the most desirable Colts Neck addresses for those who appreciate a truly unique setting that only a collection of custom homes can establish. Enjoy good schools and the convenience of easy access to shopping, entertainment, golf, commuter routes and of course, the shore from this well located community.

Last Agent to Sell the Property

Suzanne Maltese

Heritage House Sotheby's International Realty License #8542965 Listed on: 03/02/2022

Heritage House Sotheby's International Realty

Last Buyer's Agent

Ann Wiltz

Colts Neck Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,142

Lot Details

  • 1.28 Acre Lot
  • Property fronts an easement
  • Adjacent to Greenbelt
  • Cul-De-Sac

Property Views

  • River Views

Schools

  • Conover Road Elementary School
  • Cedar Drive Middle School
  • Colts Neck High School

Utilities

  • Underground Utilities
  • Gas Available at Street
  • Well Required
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 10-00034-0000-00016-15

Community Details

Overview

  • Orchard Estates Subdivision

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$8,142

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Border Greenway, Cul-De-Sac, Riverview, Curbing, Easement
  • Reso View: Waterview
  • Subdivision Name: Orchard Estates
  • General Property Info Waterview: Yes
  • General Property Info Acreage: 1.28
  • Location Middle School: Cedar Drive
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Lot Description Cul-De-Sac: Yes
  • WaterSewer Septic - Needed: Yes
  • WaterSewer Well - Needed: Yes
  • Lot Description Border Greenway: Yes
  • Lot Description Easement: Yes
  • Water Type Riverview: Yes
  • Lot Description Riverview3: Yes
  • WaterSewer Storm Sewer: Yes
  • Electric Underground4: Yes
  • Special Features: None

Exterior Features

  • Acres: 1.28
  • Waterfront Features: Other - See Remarks, Riverview
  • Waterfront: No

Schools

  • Middle Or Junior School: Cedar Drive

Lot Info

  • Lot Size Sq Ft: 55756.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 10-00034-0000-00016-15
  • Zoning Description: Single Family, Residential, Neighborhood
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8142.0

MLS Schools

  • Elementary School: Conover Road
  • High School: Colts Neck

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2022
Closed on
Jun 1, 2022
Sold by
Bird Family Partnership Lp
Bought by
Novick Jennifer
Seller's Agent
Suzanne Maltese
Heritage House Sotheby's International Realty
Buyer's Agent
Ann Wiltz
Colts Neck Realty
List Price
$779,000
Sold Price
$740,000
Premium/Discount to List
-$39,000
-5.01%
Current Estimated Value
$1,571,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$831,655
Avg. Annual Appreciation
26.63%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Novick Jennifer $740,000 Commonwealth Land Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2022 06/02/22 Sold $740,000 -5.0% --
04/08/2022 04/08/22 Pending -- -- --
01/04/2022 01/04/22 For Sale $779,000 -- --
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 $10,674 $867,400 $867,400 $0
2023 $10,674 $686,000 $686,000 $0
2022 $8,142 $501,300 $501,300 $0
2021 $8,142 $466,300 $466,300 $0
2020 $8,843 $501,300 $501,300 $0
2019 $9,921 $563,400 $563,400 $0
2018 $10,000 $563,400 $563,400 $0
2017 $9,967 $563,400 $563,400 $0
2016 $9,759 $563,800 $563,800 $0
2015 $9,477 $546,200 $546,200 $0
2014 $8,985 $532,600 $532,600 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Suzanne Maltese

    Heritage House Sotheby's International Realty

    Section Image

  • A

    Buyer's Agent in 2022

    Ann Wiltz

    Colts Neck Realty

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22200186

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 10-00034-0000-00016-15

New Jersey Monmouth County Colts Neck 07722

50 Orchard Ln, Colts Neck, NJ

This home is located at 50 Orchard Ln, Colts Neck, NJ 07722 since 02 March 2022 and is currently estimated at $1,571,616. 50 Orchard Ln is a home located in Monmouth County with nearby schools including Conover Road Primary School, Conover Road School, and Cedar Drive Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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