See Home Value
Monmouth
48 Cedar Drive
$5,600,000
● House - Off Market

48 Cedar Drive

Colts Neck, NJ 07722
bedrooms
6 Beds
bathrooms
7 Baths, 1 Half Bath
square feet
8,860 Ft²
$31,236
Est. Monthly
1.35%
Cap Rate

About This Property

Every once in  a while a property becomes available in our area like never seen before, and this is certainly one of those times! Presenting this brand new fully rebuilt masterpiece in the highly desired Colts Neck market situated on over 2 acres of pristine property featuring 6 bedrooms and 7.5 baths sprawled across three floor. Over 11,800 sq ft of finished living space showcasing 30ft ceiling heights in the Dramatic entry way and a spectacular floor plan with first floor having an oversized chef's kitchen that opens into the family room along with an office and a full in-law suite and a separate dining room fit for royalty featuring a custom designed bar and private access to your outdoor terrace. Main level also has a spa/relaxation area that is located right off of the Indoor pool which features all top of the line technology and a true entertainment area that can be made into an outdoor oasis with all of the sliding pocket doors as well for year round enjoyment. There was no expense spared from the cabinetry and built ins along with detailed trim and lighting packages selected to curate the style and design of this modern masterpiece. Engineered wide plank hardwood throughout along with porcelain accents in the kitchen and all bathrooms custom designed with the highest of quality finish. Primary suite to die for with an abundance of custom closets and a luxurious bathroom with all the bells and whistles. Every bedroom is an ensuite and the design elements flow naturally through the home all the way into the finished walkup level basement featuring a full steam/spa area along with a wine room that fits over 1100 bottles. Main levels have full radiant heat and home has 6 zones of cooling. Garage has room for up to 7 cars and the driveway up front can house up to 40 cars comfortably for entertaining. Full security package inside and out along with an incredible landscape design and hardscape package. Located close to all major shopping and transit along with one of the top school districts in the state. This is a type of property you must come and tour to understand the opulence and level of finish created here for the most discerning buyer.
Unit Size
8,860 Ft²
Days on Market
182 days
Land Size
2.22 acres
Price per sqft
$677
Property Type
House
Property Taxes
$1,774
HOA Dues
-
Year Built
1988

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Last updated: 2 years ago (MOMLS #22500722)

Price History

Date / Event Date Event Price
Jul 10, 2025 Sold
Sold
Apr 24, 2025 In contract -
In contract
Jan 9, 2025 Listed by EXP Realty $5,999,999
Listed by EXP Realty
Jun 16, 2022 Sold
Sold
Apr 7, 2022 Listed by Berkshire Hathaway HomeServices Fox & Roach - Holmdel $1,499,000
Listed by Berkshire Hathaway HomeServices Fox & Roach - Holmdel
This custom designed 6,000+ sq. ft. home is a stylish and sleek sanctuary lending itself to formal entertaining as well as comfortable living. The exterior solid stone surround is impressive and maintenance free. The interior welcomes you with airy and bright living spaces, vast windows, spacious rooms and natural light throughout. This 2x6 construction includes 10ft ceilings on main level, , 14-course basement, premium fixtures, solid wood doors and wide mouldings. Main level includes formal living and dining rooms, family room, 2 fireplaces, 3 wet bars, two guest suites, sun room, office, laundry and newer kitchen with abundance of cabinets, oversized island and newer appliance package. Second level includes 3 guest bedrooms, 2 baths plus expansive master with full ensuite. Completing the 2.23 acre property is a circular driveway, double entry doors, 3-car garage plus large 3-tiered stone terrace with stone railings. An outstanding opportunity, this property is warm and welcoming, ideal for family living and gathering with friends.
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Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 11
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 97,043
  • Total Building Area: 6,322
  • Building Area: 6,322
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 6,322
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002228
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Colts Neck Township School District
  • Census Tract: 809901

Zoning

  • Zoning: A-1

Geography

  • District: 10
  • Parcel: 10 00012-0000-00012- 02
  • Block: 12
  • Lot: 12.02
  • Municipality: COLTS NECK TOWNSHIP
  • Latitude: 40.2994
  • Longitude: -74.2123

    Address

  • Full Address: 48 Cedar Dr
  • Address - House Number: 48
  • Address - Street Name: Cedar
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Colts Neck
  • Carrier Code: R086
  • 4-Digit Zip Code: 1672
  • Zip Code: 07722

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,128,764

    Appraisal Valuation

  • Standard Deviation: 0.0855
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 1,307,926
  • High Value: 1,419,810
  • Low Value: 1,196,042

    Market Valuation

  • Market Total Value: $1,368,100
  • Market Land Value: $378,600
  • Market Improvement Value: $989,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,368,100
  • Assessed Land Value: $378,600
  • Assessed Improvements Value: $989,500

    Sales

  • Current Sale Contract Date: Jun 15, 2022
  • Current Sale Recording Date: Jul 21, 2022
  • Current Sale Price:
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 74887
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 48 Cedar Drive built and last sold?
The property at 48 Cedar Drive was built in 1988 and last sold on Jun 15, 2022 for $1,385,000.
How much is this home worth?
The estimated value of the home located at 48 Cedar Drive is $0.
What are some comparable homes to 48 Cedar Drive?
There are currently no comparable homes to 48 Cedar Drive.