NOT LISTED FOR SALE

Estimated Value: $442,931 - $1,348,000

0.75 Acre
$1,193,955 Price per Acre
32,670 Sq Ft Lot

Last Sold July 19, 2023

Last sale price $391,000 $208 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $5,290/month

474 Days on Market

Highlights

  • Barn
  • 0.75 Acre Lot
  • Level Lot
  • Monmouth Junction Elementary School Rated A
  • No HOA

About This Lot

As of July 2023

**Have you been looking for land to build a new home on? Then THIS IS JUST THE PROPERTY YOU HAVE BEEN WAITING FOR, to build a NEW CUSTOM HOME with the added benefit of a barn which can be remodeled for use or demolished by the buyers. Fantastic property in South Brusnwick twp in a great location with nothing to do but start building.
793 RIDGE ROAD is excellently located in the midst of a residential area, yet within minutes to the blue-ribbon South Brunswick High school, Monmouth jct Elementary school, US 1, rte 522, close to TPKE Exit 8A, and Parknride bus. to NYC. Close to Hospitals, Universities, shopping malls, amenities, religious centers, recreation, parks and Princeton township. Short drive to Princeton Jct train stn. The land is surrounded by residential homes. S. Brunswick is centrally located between NYC and Philadelphia and next to Princeton university, and has great Blue ribbon schools.
PLS NOTE- Architectural home design plans have been completed and paid for by seller. Footing foundation permit fees paid.
Land features- There was an existing home which has been demolished with permits. NO Wetlands.
Site Plan is prepared and approved by the township engineers.
Freehold soil conservation drawings are prepared and approved.
Water and Sewer on site.
Curb along Ridge Road is already installed along with 2 curb cuts for a circular driveway in place along with the sidewalk.
The driveway base is already in place as there was an existing stone driveway so the buyer gets a huge cost saving to build a grand circular driveway.
Altogether the buyer is looking at 100k + savings, if they were looking at an unimproved lot to build.
The current home design construction drawings already submitted and approved are for a 3,330 sqft Grand Luxury home which comes with a 2 car garage, 5 bedrooms, 5 bathrooms, 2 staircases, deck opening up to the large back yard, circular driveway. Any amendments to plans are at buyers cost.
The property has a grandfathered Barn which has 3 garage doors. The Barn does need TLC and has great potential to be converted to an additional garage and storage area, or for home office use, Barndominium, art studio, gym room, dance studio, party room, hobby room, study, or great for a professional practice like a dentist, doctor, architect, engineer home office.
This property has limitless possibilities for a buyer looking to build a new custom dream home and /or work from home, with a barn with many possible uses in one of the most desirable areas in south Brunswick. This is an opportunity that comes very rarely.
Agent is related to seller. (seller, broker and listing agent make no warranties or guarantees as to use of land and barn, buyers and agents do your due diligence). Barn has been cleared out.
Agents and Buyers- Please do not attempt to access or go inside the barn. There is a lockbox. If you want to see inside, Please text or call listing agent for more info and as a courtesy before you drive by and view.

Last Agent to Sell the Property

Rashida Hassonjee

Keller Williams Real Estate - Princeton Listed on: 03/10/2022

Keller Williams Real Estate - Princeton

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,742

Lot Details

  • 0.75 Acre Lot
  • Level Lot
  • Cleared Lot
  • On-Hand Building Permits
  • Property is zoned R-2

Schools

  • Monmouth Junction Elementary School
  • Crossroads North Middle School
  • South Brunswick High School

Additional Features

  • Suburban Location
  • Barn
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00005 031
  • Assessor Parcel Number 21-00053-00005 031

Property Details

Property Type

Land

Est. Annual Taxes

$8,742

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Exclusions: All property inside the BARN .
  • Historic: No
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 13.72
  • Street Number Modifier: 793

Exterior Features

  • Other Structures List: Barn
  • Construction Completed: No
  • Road Surface Type: Black Top
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Utilities: Water Available, Sewer Available
  • Water Source: Public Hook-Up Available
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: SOUTH BRUNSWICK TOWNSHIP PUBLIC SCHOOLS
  • Elementary School: MONMOUTH JUNCTION
  • Middle School: CROSSROADS NORTH
  • High School: SOUTH BRUNSWICK
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200396580
  • School District Source: 3rd Party
  • Elementary School: MONMOUTH JUNCTION
  • High School: SOUTH BRUNSWICK
  • Middle Or Junior School: CROSSROADS NORTH

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Lot Count: 1
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.75
  • Lot Dimensions: 156ft x 267ft
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 32801.00
  • Topography Description: levelled, old home demolished
  • Year Assessed: 2021
  • Zoning: R-2
  • Farmland Preservation: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Lease In Effect: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8742.32
  • Assessor Parcel Number: 21-00053-00005 031
  • Tax Lot: 00005 031
  • County Tax Payment Frequency: Unknown
  • Tax Year: 2021
  • Close Date: 07/19/2023

MLS Schools

  • School District Name: SOUTH BRUNSWICK TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2009
Sold by
Ridge Road Development Llc
Bought by
Ridge Road Development Llc
Current Estimated Value
$895,466

Purchase Details

Closed on
Oct 22, 2004
Sold by
Tamarro Robert
Bought by
Ridge Road Development Llc
Source: Public Records

Range of Values:

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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
Ridge Road Development Llc -- None Available
Ridge Road Development Llc -- None Available
Ridge Road Development Llc $855,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tubati Ravibabu $254,500
Open Tubati Ravibabu $735,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2023 07/19/23 Sold $391,000 -13.1% $208 / Sq Ft
06/27/2023 06/27/23 Pending -- -- --
06/23/2023 06/23/23 Price Changed $449,999 -10.0% $240 / Sq Ft
06/04/2022 06/04/22 Price Changed $500,000 -9.6% $267 / Sq Ft
03/10/2022 03/10/22 For Sale $553,000 -- $295 / Sq Ft
Source: Bright MLS

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 $4,135 $79,300 $79,300 $0
2023 $4,135 $79,400 $74,400 $5,000
2022 $4,012 $79,400 $74,400 $5,000
2021 $6,755 $173,700 $74,400 $99,300
2020 $8,831 $173,700 $74,400 $99,300
2019 $8,911 $173,700 $74,400 $99,300
2018 $8,619 $173,700 $74,400 $99,300
2017 $8,607 $173,700 $74,400 $99,300
2016 $8,517 $173,700 $74,400 $99,300
2015 $8,256 $173,700 $74,400 $99,300
2014 $8,122 $173,700 $74,400 $99,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJMX2001914

Bright MLS

APN: 21-00053-0000-00005-031