NOT LISTED FOR SALE

550 Monmouth Rd Wrightstown, NJ 08562

Estimated Value: $645,000 - $1,416,000

3 Beds
2 Baths
1,552 Sq Ft
$703/Sq Ft Est. Value

Last Sold August 24, 2023

Last sale price $1,175,000 $757 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $6,667/month

112 Days on Market

Highlights

  • Paddocks
  • Custom Home
  • New Kitchen
  • Bay View
  • 52.36 Acre Lot
  • Deck

About This Home

As of August 2023

***52+ ACRE PRESERVED HORSE FARM w/ 21 STALL HORSE BARN*** Truly the horse farm you have been waiting for...prepare to bring your design to reality! This incredibly convenient & centrally located farm features both residential & equine amenities on an abundant parcel of acreage. The custom 3 bedroom 2 bath home is a true delight for the homeowner or farm caretaker. First floor features: enclosed entry foyer, airy 2 story living room/dining room, country kitchen w/stainless steel appliances, 2 bedrooms, full bath, laundry room, solarium & sun porch. Second floor features: spacious bedroom suite w/ full bath & walk-in closet plus a bonus loft/sitting area overlooking the lower level. Spectacular views from every room! Bonus unfinished full basement for storage. Don't miss the detached 2 car garage w/ overhead loft for office or storage use. Equestrians will appreciate the grand 21 stall Kentucky style barn w/ office/utility room, ancillary area for breeding shed or horse hot walker use & a spacious overhead loft. Multiple paddocks & lush grazing pastures allow ample turnout space across the property. Currently equipped as a horse farm, this farm assessed & farm preserved property has a myriad of agricultural & horticultural uses such as conversion to an equestrian center, racehorse training center, vineyard, herbary, organic boutique crop or flower farm & more. Truly endless possibilities for those who embrace the vision of this amazing acreage. This peaceful oasis is an unparalleled location for those who seek pure enjoyment of blending land & the surrounding nature. Proximity to major highways with convenient commute to metropolitan Manhattan or Philadelphia make this property a tremendous opportunity as a luxe weekend retreat or agritourism venue. Experience the unique lifestyle of this magnificent horse farm!

Last Agent to Sell the Property

Stacy Butewicz

Keller Williams Princeton R.E. License #1111685 Listed on: 03/21/2023

Keller Williams Princeton R.E.

Last Buyer's Agent

Stacy Butewicz

Gloria Nilson & Co. Real Estate

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,870

Year Built

  • Built in 1989

Lot Details

  • 52.36 Acre Lot
  • Fenced
  • Oversized Lot

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Parking Storage or Cabinetry

Home Design

  • Custom Home
  • Cape Cod Architecture
  • Colonial Architecture
  • Contemporary Architecture
  • Farm
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 1,552 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Skylights
  • Bay Window
  • Living Room
  • Loft
  • Center Hall
  • Bay Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • New Kitchen
  • Breakfast Area or Nook

Flooring

  • Wood
  • Linoleum
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Outdoor Features

  • Balcony
  • Deck
  • Enclosed patio or porch
  • Terrace
  • Outbuilding

Schools

  • C.B. Lamb Elementary School
  • Northern Burlington Middle School
  • North Burlington Reg High School

Farming

  • Horse or Livestock Barn

Horse Facilities and Amenities

  • Paddocks
  • Run-In Shed

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 26-00700-0000-00019

Property Details

Property Type

Other

Est. Annual Taxes

$6,870

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oversized, See Remarks, Fenced Area
  • Subdivision Name: None
  • Architectural Style: Custom, Detached, Cape, Colonial, Contemporary, Other - See Remarks
  • Reso Interior Features: Balcony, Bay/Bow Window, Built-Ins, Ceilings - 9Ft+ 1st Flr, Center Hall, Dec Molding, Loft, Skylight
  • Reso Other Structures: Barn, Horse Barn, Paddocks, Run-in Shed
  • Year Built: 1989
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Exterior Balcony2: Yes
  • ExteriorPatio: Yes
  • Exterior Terrace: Yes
  • General Property Info Acreage: 52.36
  • General Property Info Farm: Yes
  • Location Middle School: Northern Burlington
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • WaterSewer Well: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Lot Description Fenced Area: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Interior Balcony: Yes
  • Interior Dec Molding: Yes
  • Living Room Two Story2: Yes
  • Style Cape: Yes
  • Interior BayBow Window: Yes
  • ExteriorDeck: Yes
  • Lot Description Oversized3: Yes
  • Kitchen BnookDining Area: Yes
  • Garage Oversized: Yes
  • Parking Oversized2: Yes
  • Interior Loft: Yes
  • Roof Sloping: Yes
  • Garage Storage Above: Yes
  • Out Buildings Run-in Shed: Yes
  • Exterior Outbuilding: Yes
  • Foyer Floor - Slate: Yes
  • Out Buildings Barn: Yes
  • Out Buildings Horse Barn: Yes
  • Out Buildings Paddocks: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Full Basement: Yes
  • Basement:Unfinished: Yes
  • Features Interior:Skylight: Yes

Exterior Features

  • Roof: Sloping, Shingle
  • Acres: 52.36
  • Topography: Level
  • Waterfront: No
  • Exterior Features: Balcony, Deck, Outbuilding, Patio, Porch - Enclosed, Terrace
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Oversized, Storage
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Northern Burlington

Lot Info

  • Lot Size Sq Ft: 2280801.6
  • Parcel #: 26-00700-0000-00019
  • Zoning Description: Residential, Single Family, Agricultural

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6870.0

MLS Schools

  • Elementary School: C.B. Lamb Elementary
  • High School: North Burlington Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2023
Closed on
Aug 15, 2023
Sold by
534 Monmouth Llc
Bought by
Global Investment Management Trust and Mccoy
Seller's Agent
Stacy Butewicz
Keller Williams Princeton R.E.
Buyer's Agent
Stacy Butewicz
Gloria Nilson & Co. Real Estate
List Price
$1,275,000
Sold Price
$1,175,000
Premium/Discount to List
-$100,000
-7.84%
Views
69
Current Estimated Value
$1,091,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$83,676
Avg. Annual Appreciation
-3.98%

Purchase Details

Closed on
Dec 26, 2013
Sold by
Apple Rose Farm Llc
Bought by
534 Monmouth Llc
Source: Public Records

Range of Values:

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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
Global Investment Management Trust $1,175,000 Terra Abstract
534 Monmouth Llc $745,000 Land Title Agency Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2023 08/24/23 Sold $1,175,000 -7.8% $757 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
03/21/2023 03/21/23 For Sale $1,275,000 -- $822 / 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
2024 $6,842 $309,600 $70,000 $239,600
2023 $6,842 $309,600 $70,000 $239,600
2022 $6,870 $309,600 $70,000 $239,600
2021 $6,871 $305,500 $70,000 $235,500
2020 $6,852 $305,500 $70,000 $235,500
2019 $6,794 $305,500 $70,000 $235,500
2018 $6,489 $305,500 $70,000 $235,500
2017 $6,351 $305,500 $70,000 $235,500
2016 $6,333 $305,500 $70,000 $235,500
2015 $6,333 $305,500 $70,000 $235,500
2014 $5,963 $305,500 $70,000 $235,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Stacy Butewicz

    Keller Williams Princeton R.E.

    (732) 266-4774

    3 in this area

    123 Total Sales

    Stacy Butewicz
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22307488

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 26-00700-0000-00019

New Jersey Burlington County Wrightstown 08562

550 Monmouth Rd, Wrightstown, NJ

This home is located at 550 Monmouth Rd, Wrightstown, NJ 08562 since 21 March 2023 and is currently estimated at $1,091,324, approximately $703 per square foot. This property was built in 1989. 550 Monmouth Rd is a home located in Burlington County with nearby schools including C.B. Lamb Elementary School, North Hanover Township Upper Elementary School, and Northern Burlington County Regional 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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