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    296 County 537 Road

    Colts Neck, NJ 07722
    • $3,799,900
    • STATUS: Active
    • ON SITE: 485 days
    • MLS #: 21932252
    UPDATED: 4 min ago
    $3,799,900
    • 0
      BEDS
    • 96.37
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    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 this 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

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    © 2020 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Team Pagano | Keller Williams Realty. Data last updated 2020-12-04T15:19:47.913.
    www.teampaganogroup.com/homes/97621581
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    296 County 537 Road Colts Neck, NJ 07722

    • Price: $3,799,900
    • Status: Active
    • Updated: 4 min ago
    • MLS #: 21932252
    0
    Beds
    0
    Baths
    0
    ½ Baths
    96.37
    Acres
    Neighborhood:
    Rancho Polo
    County:
    Monmouth
    Area:
    Colts Neck (COL)
    Elementary School:
    Conover Road
    Middle School:
    Cedar Drive
    High School:
    Colts Neck
    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 this 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
    Exterior Features

    Location Adj Golf CourseBusiness DistrictNear Country ClubNear HospitalNear Parkway AccessNear ReservoirResidentlal DistrictRuralSubdivision Lot Description ClearedFenced AreaLevelMajor FrontageWooded Lot Dimensions 1047 X 3750 Outbuildings Accessory BuildingBarnFencingGarageHorse BarnHouseOut BuildingShedStable Water View No Waterfront No

    Property Features

    Assessment Status Assessed Assessment Total 1352900.00 Cable On Site Deed Restrictions No Documents Available Aerial PhotoSite PlanSurvey Electric On Site Excluded Personal Property - Please Contact Agent For Further Details. Farm Assessed Yes Gas On Site Improvements Assessment 966300.00 Land Subtype Residential Land Lease No Other High Ranney School Tax Year 2018 Taxes 24014.00 Water Sewer Septic - ExistingWell Zoning AgriculturalConforming UseResidentialSingle Family

    Listing information © 2020 Monmouth-Ocean MLS. Listing provided courtesy of Claude Ranieri of American Realty Associates.


    © 2020 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Team Pagano | Keller Williams Realty. Data last updated 2020-12-04T15:19:47.913.
     
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