5 Clayton Lane Manalapan, NJ 07726

$665,000
3
Beds
1
Baths
2.50
Acres
1,113
SQFT
597
$/SQFT
$665,000
3
Beds
1
Baths
1,113   sf
$597 / sf
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1/27
Street View

Whether you're looking for a great starter home with 2.5 acres to expand on or you're a savvy investor looking for a solid land opportunity to build multiple homes this listing holds enormous hidden equity. Start with an ''assumable mortgage'' at 4.75%, 2.96 acres of land and a zoning code of R20 (1/2 acre). Now add that it's located in desirable North Manalapan at the end of a quiet cul de sac, convenient to Rt 9, Rt 18, GSP, NJT, Schools, Shopping, Restaurants and so much more. The Home is certified for an additional second floor and literally surrounded by Million Dollar homes.New Septic Tank New On Demand hot water heater 2021New Furnace 2021Buyer responsible for due diligence regarding the building of additional homes on the property.

Whether you're looking for a great starter home with 2.5 acres to expand on or you're a savvy investor looking for a solid land opportunity to build multiple homes this listing holds enormous hidden equity. Start with an ''assumable mortgage'' at 4.75%, 2.96 acres of land and a zoning code of R20 (1/2 acre). Now add that it's located in desirable North Manalapan at the end of a quiet cul de sac, convenient to Rt 9, Rt 18, GSP, NJT, Schools, Shopping, Restaurants and so much more. The Home is certified for an additional second floor and literally surrounded by Million Dollar homes.New Septic Tank New On Demand hot water heater 2021New Furnace 2021Buyer responsible for due diligence regarding the building of additional homes on the property.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Monmouth
  • Area
    Manalapan
  • Tax Amount
    $6,473
  • Status
    Active
  • Listing #
    22429816
  • Built
    1890
  • Lot Size
    2.50
  • Listed on site
    202 days
  • Listing Agent Phone
    (914) 755-5033

Listed by:
VRI Homes

Listing provided by Monmouth Ocean Regional MLS.
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Property details

Community Features

  • No HOA
  • No Adult Community

Exterior features

  • No Pool
  • Basement

Style

  • Two Story
  • Cape
  • Bi-Level
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Realtor
Photo of Kateryna Derevenskaya
Kateryna Derevenskaya