$3,500,000
Colts Neck, NJ 07722
MLS# 21932251
Status: Closed
4 beds | 3.1 baths | 4000 sqft

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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''
Details
Maps
Contract Info
List Price/SqFt: 950.23
Sub-Type: Detached
New Construction: No
Minimum Age: 0
Status: Closed
List Date: 2019-08-05
Sold Price: $3,500,000
Current Price: $3,500,000
Property Sub-Type: Single Family Residence
Location
Area/Section: Scobeyville
Elementary School: Conover Road
Other Elementary: Conover Road Primary
Middle School: Cedar Drive
High School: Colts Neck
Other High: Ranney School
House Number: 296
Street Name: County 537
Street Suffix: Road
County: Monmouth
Municipality: Colts Neck (COL)
Postal City: Colts Neck
State: NJ
Zip Code: 07722
Complex/Subdivision: Rancho Polo
Directions: Route 537 East of Route 34. Adjacent to Rancho Polo
General Property Info
Handicap Access: No
Waterfront: No
# Levels: 2
Waterview: No
# Level 1 - Baths: 2
# Level 2 - Baths: 2
# Level 3 - Baths: 0
# Basement - Baths: 0
Acreage: 96.37
Fireplace: Yes
Lot Dimensions: 1047X3750
Rooms: 9
# Fireplaces: 1
Basement: Yes
Garage: Yes
# Car Garage: 3
HOA: No
Pool: No
Farm: Yes
Bedrooms: 4
Full Baths: 3
Half Baths: 1
Total Baths: 3.1
Apx SqFt: 4000
Tax and Legal
Asmnt - Total: 1352900
Deed Restricted: No
Special Assessment: Yes
Taxes: 23131
Tax Year: 2019
Farm Assessed: Yes
Remarks & Misc
Excluded: PERSONAL PROPERTY
Ownership Type
Fee Simple: 1
Style
Cape: 1
Colonial: 1
Farmhouse: 1
Mother/Daughter: 1
2 Story: 1
Interior
Attic: 1
Ceilings - 9Ft+ 1st Flr: 1
Center Hall: 1
Dec Molding: 1
Zoning
Agricultural: 1
Residential: 1
Single Family: 1
Showing
Showing Time: 1
Foyer
Closet(s): 1
Floor - Wood: 1
Lot Description
Fenced Area: 1
Level: 1
Treed Lots: 1
Wooded: 1
Included
AC Units: 1
Blinds/Shades: 1
Dishwasher: 1
Garage Door Opener: 1
Gas Cooking: 1
Outdoor Lighting: 1
Refrigerator: 1
Stove: 1
Timer Thermostat: 1
Water Softener: 1
Living Room
Fireplace - Woodburning: 1
Floor - Wood: 1
Dining Room
Dec Molding: 1
Floor - Wood: 1
Water/Sewer
Septic Tank: 1
Well: 1
Floors
Ceramic Tile: 1
Linoleum/Vinyl: 1
Wood: 1
Kitchen
Eat-In: 1
Floor - Linoleum/Vinyl: 1
Floor - Wood: 1
Basement
Full: 1
Unfinished: 1
Great/Family Room
Fireplace - Woodburning: 1
Floor - Wood: 1
Primary Bedroom
Floor - Wood: 1
Cooling
Central Air: 1
Multi Units: 1
Water Heater
Natural Gas: 1
Oil: 1
Primary Bath
Ceramic Tile: 1
Floor - Ceramic: 1
Tub: 1
Out Buildings
Barn(s): 1
Horse Barn: 1
Misc Building: 1
Paddocks: 1
Run-in Shed: 1
Shed(s): 1
Heating
HWBB: 1
Natural Gas: 1
Exterior
Fence: 1
Fence - Electric: 1
Lighting: 1
Porch - Enclosed: 1
Parking
Driveway: 1
Gravel: 1
Oversized: 1
Garage
Attached: 1
Direct Access: 1
Assessment Status
Assessed: 1
Siding
Aluminum Siding: 1
Brick: 1
Vinyl: 1
Roof
Shingle: 1
Rooms
Bedroom: 1
Dining Room: 1
Family Room: 1
Foyer: 1
Kitchen: 1
Living Room: 1
Primary Bedroom: 1
Bedroom Level
First: 1
Second: 1
Dining Room Level
First: 1
Family Room Level
First: 1
Foyer Level
First: 1
Kitchen Level
First: 1
Living Room Level
First: 1
Primary Bedroom Level
First: 1
Status Change Info
Under Contract Date: 2022-02-10
Sold Date: 2022-03-11
Sold Price: $3,500,000
Property Features
Ownership Type: Fee Simple
Style: Cape; Colonial; Farmhouse; Mother/Daughter; 2 Story
Interior: Attic; Ceilings - 9Ft+ 1st Flr; Center Hall; Dec Molding
Foyer: Closet(s); Floor - Wood
Living Room: Fireplace - Woodburning; Floor - Wood
Dining Room: Dec Molding; Floor - Wood
Kitchen: Eat-In; Floor - Linoleum/Vinyl; Floor - Wood
Primary Bedroom: Floor - Wood
Primary Bath: Ceramic Tile; Floor - Ceramic; Tub
Basement: Full; Unfinished
Floors: Ceramic Tile; Linoleum/Vinyl; Wood
Cooling: Central Air; Multi Units
Heating: HWBB; Natural Gas
Water Heater: Natural Gas; Oil
Exterior: Fence; Fence - Electric; Lighting; Porch - Enclosed
Garage: Attached; Direct Access
Siding: Aluminum Siding; Brick; Vinyl
Roof: Shingle
Parking: Driveway; Gravel; Oversized
Out Buildings: Barn(s); Horse Barn; Misc Building; Paddocks; Run-in Shed; Shed(s)
Included: AC Units; Blinds/Shades; Dishwasher; Garage Door Opener; Gas Cooking; Outdoor Lighting; Refrigerator; Stove; Timer Thermostat; Water Softener
Zoning: Agricultural; Residential; Single Family
Lot Description: Fenced Area; Level; Treed Lots; Wooded
Assessment Status: Assessed
Showing: Showing Time
Rooms: Bedroom; Dining Room; Family Room; Foyer; Kitchen; Living Room; Primary Bedroom
Bedroom Level: First; Second
Dining Room Level: First
Family Room Level: First
Foyer Level: First
Kitchen Level: First
Living Room Level: First
Primary Bedroom Level: First
Supplements
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
Room Information
| Room Name | Length | Level | Width | Level | Dimensions |
| Foyer | 8.00 | First | 6.00 | First | 8 x 6 |
| Living Room | 17.00 | First | 13.00 | First | 17 x 13 |
| Dining Room | 14.00 | First | 12.00 | First | 14 x 12 |
| Kitchen | 14.00 | First | 10.00 | First | 14 x 10 |
| Family Room | 12.00 | First | 8.00 | First | 12 x 8 |
| Primary Bedroom | 14.00 | First | 11.00 | First | 14 x 11 |
| Bedroom | 11.00 | First | 9.00 | First | 11 x 9 |
| Bedroom | 17.00 | Second | 12.00 | Second | 17 x 12 |
| Bedroom | 15.00 | Second | 12.00 | Second | 15 x 12 |
Listing Office: American Realty Associates
Listing Agent: Claude Ranieri
Last Updated: December - 14 - 2024
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. 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.