Colts Neck, NJ 07722,296 County 537 Road
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Colts Neck, NJ 07722,296 County 537 Road
Colts Neck, NJ 07722,296 County 537 Road
Colts Neck, NJ 07722,296 County 537 Road
Colts Neck, NJ 07722,296 County 537 Road

$3,500,000

Est. payment /mo
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

296 County 537 Road Colts Neck, NJ 07722

4 Beds

4 Baths

4,000 SqFt

SOLD DATE : 03/11/2022

Key Details

Sold Price $3,500,000

Property Type Single Family Home, Multi-Family

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $875

Subdivision Rancho Polo

MLS Listing ID 21932251

Style Farm House,Mother/Daughter,Cape,Colonial,2 Story

Bedrooms 4

Full Baths 3

Half Baths 1

Annual Tax Amount $23,131

Tax Year 2019

Lot Size 96.370 Acres

Property Sub-Type Single Family Residence

Property Description

''Colonial Farms'' is an established Thoroughbred Breeding and Boarding Horse Farm that has greatly contributed to the NJ racing industry. The property is a turnkey operation as a horse farm, or gentleman's estate. It is centrally located in Prestigious Colts Neck Township. The property boasts a main residence with 4 bedrooms with 3.5 baths, two 4 bedroom private homes, office, barns, paddocks, and storage buildings. The farm is comprised of the following: 96 +/- Acres, 75 Acres of Fenced Paddocks comprising a total of 15 paddocks, 87 stalls, 3 large barns, Office, Breeding Barn/Shed, Hay Barn, 5 wooded acres. The farm can easily accommodate a change in use from Horse Breeding to Agricultural use. Please note, the farm is the remainder of the development known as ''Rancho Polo'' Please note** Two other adjacent farms have recently sold last year that are not in the MLS. (#1) 45.5 acres +/- Auctioned for $2,750,000 at $61,000 per acre./ (#2) 50 +/- Acre Farm sold for $5,000,000 at $100,000 per acre. Subject property is priced at $50,000 per Acre. This is the largest parcel in Colts Neck currently for sale at a fair market price!
"Rancho Polo" is a community of 21 Individual Custom Built Homes ranging from $2,000,000 to $4,000,000!
The property can easily accommodate the construction of a new main residence by tearing down the original residence on the property, allowing for the creation of an estate or family compound.

Colonial Farms is Located the following Distance from the following Tracks:

10 Miles From Monmouth Park
15 Miles From The Meadowlands
25 Miles From Parx - (Philadelphia Track)
45 - 55 Miles From Aqueduct/Belmont

45-50 Miles From NYC
15 Miles to Jersey Shore
20 Miles from Princeton University
2 Miles from Monmouth University
10 Miles from Rutgers University

Location

State NJ

County Monmouth

Area Scobeyville

Interior

Heating Natural Gas, HWBB

Cooling Multi Units, Central Air

Flooring Ceramic Tile, Linoleum/Vinyl, Wood

Fireplaces Number 1

Exterior

Exterior Feature Fence, Fence - Electric, Porch - Enclosed, Lighting

Parking Features Gravel, Driveway, Direct Access

Garage Spaces 3.0

Roof Type Shingle

Building

Lot Description Fenced Area, Oversized, Treed Lots, Wooded

Story 2

Sewer Septic Tank

Water Well

Structure Type Fence,Fence - Electric,Porch - Enclosed,Lighting

New Construction No

Schools

Elementary Schools Conover Road

Middle Schools Cedar Drive

High Schools Colts Neck

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Suzie Van Schoick - Ed O'Malley

Suzie Van Schoick - Ed O'Malley

+1(732) 691-4477

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Monmouth Ocean MLS (MOMLS)
Listed by American Realty Associates
Bought with American Realty Associates
agent

Suzie Van Schoick - Ed O'Malley

+1(732) 691-4477

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