232 ROUTE 537 Colts Neck, NJ 07722

$8,200,000
232 ROUTE 537, Colts Neck, NJ 07722
Call 1-800-839-1363
170017318

Single Family Home for sale in Colts Neck, NJ

for $8,200,000 with 3 bedrooms and 2 full baths. The lot size is 31.2 ACRES.

Property Information

  • $8,200,000
  • 3 Bedrooms
  • 2 Full Baths
  • Single Family
  • Taxes are $21,646
  • Other / Unknown
  • Active
  • Lot size of 31.2 ACRES
  • Colts Neck, NJ
  • Monmouth County
  • MLS/Web ID is 170017318
  • Just Listed

Description

31 ACRE MULTI USE EQUESTRIAN ESTATE WITH OPTIONS FOR DEVELOPMENT “SYNERGY STABLES” is an Equestrian Estate Located in Colts Neck, New Jersey. This proudly appointed expansive 31 acre estate offers endless opportunities for the truly wise investor. Possibilities include operating the turn-key stable facilities as is (annual revenue potential $96, 000) or, adding a grand estate residence or subdividing part or all of the property for further residential development (10 acre zoning). If you’re an equestrian enthusiast, veterinarian, horse trainer, or sanctuary seeker look no further. This modern and state of the art equestrian complex includes New Jersey’s largest 178’X80’ indoor riding ring, as well as multiple viewing sections, mirrored throughout for training/practice, 8 run-in-sheds, plus separate equipment shed. Boarding capacity includes 30 stall barn with impeccable high quality fixtures, 7 paddocks, outdoor jumping field, utility kitchen, and main office. The facility is serviced with newly installed water supply connections, temperature controls, and equipment. Additionally, there is a separate, large 3 bedroom, 2.5 bath caretaker home and ample parking spaces. This is a year round “Ready to Host” state of the art event space. An investor or developer will immediately discern the value of this prime property. It has an excellent value under the $10 million market. Colts Neck Township boasts an upscale over 1 million dollar average home sale which has steadily climbed since 2010. The diminishing availability of parcels of this size and city like proximity to schools, shopping, and conveniences make this estate perfect for any situation. Colts Neck NJ is a prestigious, affluent and intimate community just minutes from the Jersey Shore. It’s possible to commute to New York City as the Big Apple is a mere hour away by car, or opt for a high speed ferry from nearby Belford.

Interior 2

Basement

  • Full Basement

Heating Source

  • Hot Air

Exterior 1

Construction

  • Wood

Miscellaneous 1

Restrictions

  • Pets Allowed

† Excluded Feature

Listed By

Broker: PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY
Phone: (201) 795-5200

232 ROUTE 537, Colts Neck, NJ, 07722 is a Single Family Home for sale at $8,200,000 with a lot size of 31.2 ACRES. 232 ROUTE 537 has 3 bedrooms and 2.0 baths. The property's zip code is 07722 which is in Colts Neck, NJ

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Market Pricing

Average % of sale price Median % of sale price
All listings in Colts Neck $1,757,777 79 % below $1,247,500 85 % below
Single family listings in Colts Neck $1,612,165 80 % below $1,299,000 84 % below

Get the facts about Colts Neck, NJ!

Population 10,019
Population Growth (since 2000) -15 %
Median Income $141,043
Median Age 45.66
Households w/ Children 43 %

Residential Dwellings

  • Owned 3007
  • Vacant 301
  • Rented 233

Similar Listings

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