59 Falson Lane Morganville, NJ 07751

$1,200,000
4
Beds
3
Baths
24.02
Acres
2,554
SQFT
470
$/SQFT
$1,200,000
4
Beds
3
Baths
2,554   sf
$470 / sf
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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.

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.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Monmouth
  • Area
    Marlboro Twp
  • Tax Amount
    $13,291
  • Status
    Active
  • Listing #
    NJMM2002804
  • Built
    1984
  • Lot Size
    24.02
  • Listed on site
    164 days
  • Listing Agent Id
    1700001068690

Listed by:
EXP Realty, LLC

Source:
BRIGHT MLS

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School Info

Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool
  • Basement

Interior Features

  • Central Air Conditioning
  • Formal Dining

Style

  • Ranch / One Story

Property History

DateDays AgoEventNew Price
Dec 3, 202419 days agoPrice decreased100,000 (8%)$1,200,000
Nov 8, 20241 mo agoPrice decreased100,000 (7%)$1,300,000
Oct 16, 20242 mos agoPrice decreased100,000 (7%)$1,400,000
Jul 11, 20245 mos agoNew on market$1,500,000
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