$1,043,313
SOLD JUN 30, 2021

935 Lakewood Farmingdale Rd Howell, NJ 07731

East Howell Neighborhood
-- Bed
0.5 Bath
1 Sq Ft
148.29 Acres

Recently Sold

$1,043,313 Per Sq Ft

5% Below List Price

34 Days on Market

Highlights

  • Stables
  • View of Trees or Woods
  • Stream or River on Lot
  • Howell High School Rated A-
  • 148.29 Acre Lot
  • No HOA

About This Home

As of June 2021

Well established Standardbred Horse Training Center with 148 acres, 1 mile stone dust training track, 5/8 mile jog track. 6 Stall barns with 140 total stalls, indoor therapy pool, 6 horse exerciser, paddocks, and more. Includes Block 42, Lots 6,15,17,22,22T,31,37 - Farmland Preserved. Operating business, great for investor, horseman, cash flow, rental income from cell tower.

Last Agent to Sell the Property

Maximillian Spann

Max Spann Auctions Company License #8331140 Listed on: 09/28/2020

Last Buyer's Agent

Stacy Butewicz

Keller Williams Real Estate - Princeton

Keller Williams Real Estate - Princeton

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $49,097

Year Built

  • Built in 1985 | Remodeled in 2019

Lot Details

  • 148.29 Acre Lot
  • Level Lot
  • Open Lot
  • Irregular Lot
  • Ground Rent
  • Property is zoned AGRICULTURE

Parking

  • 10 Car Detached Garage
  • 20 Driveway Spaces
  • Parking Storage or Cabinetry
  • Dirt Driveway
  • Fenced Parking

Property Views

  • Woods
  • Pasture

Home Design

  • Farm
  • Frame Construction
  • Asbestos Shingle Roof
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 0.5 Bathroom
  • Property has 1 Level
  • Ceiling Fan

Outdoor Features

  • Stream or River on Lot
  • Shed

Farming

  • 40 Acres of Pasture
  • Farm Land Preservation
  • Horse Farm

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Paddocks
  • Stables
  • Riding Ring

Utilities

  • Electric Baseboard Heater
  • Well
  • Electric Water Heater
  • Septic Tank
  • Multiple Phone Lines
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6,15,22,22

Community Details

Overview

  • No Home Owners Association

Recreation

  • Lap or Exercise Community Pool

Property Details

Property Type

Other

Est. Annual Taxes

$49,097

Year Built

Built in 1985 | Remodeled in 2019

Lot Details

0

Parking

10

Listing Details

  • Property Type: Farm
  • Habitable Residence: No
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: cell tower lease
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1985
  • Year Renovated: 2019
  • Automatically Close On Close Date: No
  • Remarks Public: Well established Standardbred Horse Training Center with 148 acres, 1 mile stone dust training track, 5/8 mile jog track. 6 Stall barns with 140 total stalls, indoor therapy pool, 6 horse exerciser, paddocks, and more. Includes Block 42, Lots 6,15,17,22,22T,31,37 - Farmland Preserved. Operating business, great for investor, horseman, cash flow, rental income from cell tower.
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1
  • Living Area Sq Ft: 1
  • Price Per Sq Ft: 1100000.00
  • Above Grade Finished Sq Ft: 1
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 935

Beds/Baths

  • Total Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Block, Frame, Mixed, Metal Siding
  • Roof: Asbestos Shingle, Metal
  • View: Trees/Woods, Pasture
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 10.00
  • Garage: Yes
  • Parking Features: Dirt Driveway, Fenced
  • Garage Features: Additional Storage Area
  • Number Of Detached Garage Spaces: 10
  • Total Garage And Parking Spaces: 30
  • Type Of Parking: Detached Garage, Driveway
  • Number of Spaces in Driveway: 20

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Septic Exists
  • Utilities: Electric Available, Multiple Phone Lines, Cable Tv, Phone
  • Water Source: Well
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No
  • Community Pool Features: Lap/Exercise

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: HOWELL TOWNSHIP PUBLIC SCHOOLS
  • School District Key: 300200396313
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Wooded Acres: 25.00
  • Horses: Yes
  • Crops Included: No
  • Farm Features: Shed(s)
  • Farm Land Area Units: Acres
  • Farm Operation: Horse
  • Horse Amenities: Horses Allowed, Paddock, Riding Ring, Stable(s)
  • Improvement Assessed Value: 355800.00
  • Irrigation Water Rights: No
  • Land Assessed Value: 1765900.00
  • Lot Features: Irregular, Level, Open, Road Frontage, Stream/Creek
  • Lot Size Acres: 148.29
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6459512.40
  • Pasture Acres: 40.00
  • Year Assessed: 2020
  • Zoning: AGRICULTURE
  • Farmland Preservation: Yes

Rental Info

  • Ground Rent Exists: Yes
  • Lease Considered: No
  • Vacation Rental: No

Multi Family

  • Income Expense List: Annual Ground Rent

Tax Info

  • Tax Annual Amount: 49097.00
  • Assessor Parcel Number: NO TAX RECORD
  • Tax Lot: 6,15,22,22
  • Tax Year: 2020
  • Close Date: 06/30/2021

MLS Schools

  • School District Name: HOWELL TOWNSHIP PUBLIC SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $1,000,000 Credit Line Revolving
Closed $400,100 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 For Sale $3,995,000 0.0% $5,675 / Sq Ft
04/23/2025 04/23/25 For Sale $3,995,000 +282.9% $5,675 / Sq Ft
06/30/2021 06/30/21 Sold $1,043,313 -5.2% $1,043,313 / Sq Ft
11/01/2020 11/01/20 Pending -- -- --
09/28/2020 09/28/20 For Sale $1,100,000 -- $1,100,000 / 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 $11,899 $771,600 $292,700 $478,900
2023 $11,899 $640,100 $245,600 $394,500
2022 $12,982 $620,200 $215,600 $404,600
2021 $12,982 $567,400 $207,600 $359,800
2020 $13,035 $563,300 $207,600 $355,700
2019 $13,139 $557,200 $207,600 $349,600
2018 $12,824 $541,100 $207,600 $333,500
2017 $12,723 $530,800 $207,600 $323,200
2016 $7,653 $315,200 $0 $315,200
2015 $7,531 $306,900 $0 $306,900
2014 $6,451 $244,000 $0 $244,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJMM110652

Bright MLS

APN: 21-00042-0000-00031