296 County 537 Road $3,799,900

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    296 County 537 Road Colts Neck, NJ 07722

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    $3,799,900

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    • 4 Beds
    • 4 Baths
    • 4,000 sq. ft.
    • Single-Family
    • MLS# 21932251
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    Views: 199 Days On Market: 246

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    Property Details

    ''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

    • General Features
      • Basement Yes
      • Basement Description Full, Unfinished
      • Bedroom Level First,Second
      • Bedrooms 4
      • Complex Subdivision Rancho Polo
      • County Monmouth
      • Dining Room Dec Molding, Floor - Wood
      • Dining Room Level First
      • Family Room Level First
      • Fireplace Yes
      • Flooring Type Ceramic, Linoleum/Vinyl, Wood
      • Foyer Closet(s), Floor - Wood
      • Foyer Level First
      • Great Family Room Fireplace - Woodburning, Floor - Wood
      • Handicap Access No
      • Heat Ac AC Units, Central Air, HWBB
      • Heat Fuel Natural Gas
      • Interior Attic, Ceilings - 9Ft+ 1st Flr, Center Hall, Dec Molding
      • Kitchen Eat-In, Floor - Linoleum/Vinyl, Floor - Wood
      • Kitchen Level First
      • Living Room Fireplace - Woodburning, Floor - Wood
      • Living Room Level First
      • Master Bath Ceramic Tile, Floor - Ceramic, Tub
      • Master Bedroom Floor - Wood
      • Master Bedroom Level First
      • Minimum Age 0
      • Municipality Colts Neck (COL)
      • New Construction No
      • Num Basement Baths 0.00
      • Num Car Garage 3.00
      • Num Fireplaces 1.00
      • Num Level 1 Baths 2.00
      • Num Level 2 Baths 2.00
      • Num Level 3 Baths 0.00
      • Ownership Type Fee Simple
      • Pool No
      • Property Sub Type Single Family
      • Roof Shingled
      • Room Count 9
      • Rooms Detail Bedroom, Dining Room, Family Room, Foyer, Kitchen, Living Room, Master Bedroom
      • Style Cape, Colonial, Farm House, Mother/Daughter
      • Subtype Detached
      • Total Baths 3.10
      • Water Heater Natural Gas, Oil
      • Water Sewer Septic, Well
      • Waterfront No
      • Waterview No
    • Building Features
      • Apx Sqft 4000.00
      • Exterior Fence, Fence - Electric, Outdoor Lighting, Porch - Enclosed
      • Garage Yes
      • Garage Description Attached, Direct Entry
      • Num Levels 2.0
      • Out Buildings Barn, Horse Barn, Misc Building, Paddocks, Run-in Shed, Storage Shed
      • Parking Driveway, Oversized Drive, Stone/Gravel
      • Siding Aluminum, Brick, Vinyl
    • Property Features
      • Acreage 96.37
      • Farm Yes
      • Lot Description Fenced Area, Level, Treed Lots, Wooded
      • Lot Dimensions 1047X3750
    • Schools
      • Elementary School Conover Road
      • High School Colts Neck
      • Middle School Cedar Drive
      • Other Elementary Conover Road Primary
      • Other High Ranney School

    Contact

    Iris Silverberg

    Sales Associate

    RE/MAX Central

    Cell: 908-816-0063

    Neighborhood

    07722 (Colts Neck) Demographics

    44 Median Age
    275 Population Density (per sq. mile)
    63% College Educated
    $157,125 Estimated Median Income
    2,999 Estimated Total Home Owners
    295 Estimated Total Renters
    91% / 9% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    10,079 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $1,139,499 Median Sales Price
    4 Homes Sold
    17 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $3,799,900
        3/19/2020 1:48:46 PM Price Reduced Source New Value: $3,799,900 -5%
        8/6/2019 12:49:00 AM New in Database Source New Value: $3,999,900

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        The data relating to real estate for sale on this website is provided in part by RE/MAX of New Jersey and the IDX program of the Monmouth Ocean Multiple Listing Service. Information deemed reliable but not guaranteed. The property information provided on this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2020 MOMLS and RE/MAX of New Jersey. Allrights reserved.



        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.