1 year on rocket

51 Asbury Rd, Farmingdale, NJ, 07727

$3,000,000

33.82 Acres
$2,012/SqFt
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential Land
ViewTrees/Woods
MLS #22316344
Lot Size33.82 Acres
StatusActive

About 51 Asbury Rd

Welcome to an exceptional investment opportunity in the heart of Farmingdale, NJ. This remarkable 33-acre parcel of land boasts a coveted residential/agricultural zoning, presenting endless possibilities for development. Featuring a potential 3-acre subdivision, a thriving nursery, and a picturesque pond, this property offers a harmonious blend of natural beauty, convenience, and investment potential. The location of this property is unparalleled, with close proximity to excellent school systems, convenient shopping options, and efficient transportation networks. Whether you envision developing a thriving residential community, expanding an existing agricultural enterprise, or embracing the serenity of country living, this 33-acre parcel of land is an exceptional investment opportunity.

Property Details

Property Features

Property Information:

  • Living Area: 1,491 SqFt

Listing Office:

  • Office Name: Roman Balandin Realty LLC
  • Listing Agent: Roman Balandin

Exterior Features

Exterior Information:

  • View: Trees/Woods

Lot Features

Lot Information:

  • Lot: Level, Wooded
  • Lot Size: 33.82 Acres

School Info

Assigned Schools Information:

  • Howell High School, Public District Grades 9-12
  • Howell Township Middle School North, Public District Grades 6-8
  • Ardena Elementary School, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,000,000
  • Price Per SqFt: $2,012/SqFt

Tax Information:

  • Annual Amount: $10,429
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Farmingdale, NJ.

Med. Sold Price

$751K

Med. Price/SqFt

$325

Avg. Days On Market

19

# of Sold Homes

14

51 Asbury Rd vs Farmingdale

504 DAYS ON ROCKET

+485 Days

$3,000,000

+$2.2M More

$2,012/SqFt

+$1.6K More

KEY TAKEAWAY

This property is $2.2M more than the Median Sold Price and $1.6K/SqFt more than other homes in Farmingdale, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
  • MLS Number: #22316344

Listing Office:

  • Office Name: Roman Balandin Realty LLC
  • Listing Agent: Roman Balandin

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. 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. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 7:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 28, 2017Home Sold
$450,000
Jun 23, 2016Home Sold
$450,000

Tax History

YEARPROP. TAXASSESSMENT
2020$10,429$413,700
2019$12,192$395,200
2018$12,193$473,500
2017$9,067$348,600

History based on county public records data.

Payment Calculator

$15K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,061

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-812407
2
/10
  • Ardena Elementary School

  • 355 Adelphia Rd

  • 2.37 miles

  • Public District Grades KG-5

Middle School

school-card-donut-812408
6
/10
  • Howell Township Middle School North

  • 501 Squankum Yellowbrook Rd

  • 1.24 miles

  • Public District Grades 6-8

High School

school-card-donut-812409
5
/10
  • Howell High School

  • 405 Squankum Yellowbrook Rd

  • 1.28 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $112,028. The majority of Farmingdale, NJ residents have income between $100k-200k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 51 Asbury Rd

What is the listing price of this property?

The listing price of 51 Asbury Rd property is $3,000,000.

What type of property is this?

The property 51 Asbury Rd is land located in Farmingdale, New Jersey, 07727.

Is this property for sale now?

Active Listing: 51 Asbury Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 51 Asbury Rd are:
Ardena Elementary School: GreatSchools Rating 2/10
Howell Township Middle School North: GreatSchools Rating 6/10
Howell High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $10,429 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 28, 2017 for $450,000. (source: MLS/tax record).

How much acreage is this property?

The property 51 Asbury Rd is 33.82 acres.
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Rocket HomesNew JerseyMonmouth CountyFarmingdale0772751 Asbury Rd

This home is located at 51 Asbury Rd in Farmingdale, NJ and zip code 07727. This 1,491 square foot home sits on a 33.82 acre lot. It has been listed on Rocket Homes since June 15, 2023 and is currently priced at $3,000,000.

In September 2024, from all listings sold in Farmingdale, NJ there were more than 5 sold above asking price, over 5 sold below and more than 4 were sold right at the asked price. The inventory of homes for sale in Farmingdale, NJ between August 2024 and September 2024 increased by 2.1%. The median list price of listings available in September 2024 was $751,000, while the average time on the real estate market was 19 days.

From Rocket Homes Real Estate and based on county public records data.

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