59 Falson Lane Morganville, NJ 07751

4 Beds
3 Baths
2,554 Sqft
1,046,311 Sqft lot
24.02 Acre lot
Status: Active
Property Type: Single Family Residential
Year Built: 1984
Neighborhood: None
Days on Website: 126

Courtesy of Jonathan Guzman, EXP Realty, LLC nj.broker@exprealty.net

Description

UNIQUE DEVELOPMENT OPPORTUNITY! Calling all interested BUYERS AND INVESTORS, this is a home with MUCH value in its LAND! This is a spacious 4 bedroom ranch property that is sitting on a vast approximate 25 acre land. This home has 3 full baths and 9 rooms in total. This property comes with an in-unit washer/dryer that is located in its separate pantry-room. The kitchen is spacious and tiled, housing a multitude of wooden pantries for easy and stylish storage. From the bright skylights, ceiling fans in every room, breezy upstairs balcony, expansive deck, storage attic, and unfinished basement- this nature surrounded home is a wonder to live in. The estimated value for the property (in move-in condition) is about $850,000., and the land is over $1,000,000. Five acre land has been sold for about $300,000. and more. Newly built homes in the area have quickly sold in a range of $1,000,000-$2,000,000 each depending on size, design, and fixtures. Combined with approx. 25 acres of land and the beautiful property sitting on it, the asking price for this property is $1,500,000. With over 20 useable acres as per the wetlands report, this land can potentially be subdivided and built on in approximate 5 acre parcels, with the potential to build around 4 additional single family homes that may range from 3,000-6,000 square feet after subdivision. Permitted uses under present zone: cluster development, golf course, swim club, government bldgs, single family dwellings, Treed & cleared property. This home is surrounded by lush greenery and wildlife of all kinds. You will frequently see deer and turkeys grazing around the property. Very safe and tranquil. The land offers much potential and nature.

Open House

Property Details and Features

  • Partially Finished
  • 3 total bathrooms
  • 2 bathrooms on all upper levels
  • 3 full bathrooms
  • 1 full bathroom on main level
  • 4 bedrooms on upper levels
  • 4 bedrooms
  • 2,554 sqft living area
  • 2,554 sqft above grade (finished)
  • Built in 1984
  • Structure Type: Detached
  • 2 levels
  • Ranch/Rambler
  • Frame
  • Central Air
  • Natural Gas
  • Central A/C
  • 2+ Access Exits
  • Doors - Lever Handle(s)
  • Concrete Perimeter
  • Propane - Owned
  • Heat Pump(s)
  • Kitchen - Gourmet
  • Primary Bath(s)
  • Skylight(s)
  • Ceiling Fan(s)
  • Attic
  • Dining Area
  • Formal/Separate Dining Room
  • 127 days on market
  • $509 per sqft
  • Property SubType: Single Family Residential
  • Municipality: MARLBORO TWP
  • County: Monmouth
  • MLS Area: Marlboro Twp (21330)
  • Subdivision: None
  • 1,046,311 sqft
  • Lot Size Dimensions: 0.00 x 0.00
  • 24.02 acres
  • Other Structures: Above Grade,Below Grade
  • School District: MONMOUTH REGIONAL H S DI SCHOOLS
  • Public Sewer
  • City/Town Tax Pymnt Freq: Annually
  • County Tax Pymnt Freq: Annually
  • Tax Annual Amount: $13,291
  • Tax Year: 2022
  • Hot Water: Multi-tank

This content last updated on November 14, 2024 1:02AM.