See Home Value
Burlington 08562
550 Monmouth Road
$1,175,000
● House - Off Market

550 Monmouth Road

Wrightstown, NJ 08562
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,552 Ft²
$1,267,858
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

***52+ ACRE PRESERVED HORSE FARM w/ 21 STALL HORSE BARN*** Truly the horse farm you have been waiting for...prepare to bring your design to reality! This incredibly convenient & centrally located farm features both residential & equine amenities on an abundant parcel of acreage. The custom 3 bedroom 2 bath home is a true delight for the homeowner or farm caretaker. First floor features: enclosed entry foyer, airy 2 story living room/dining room, country kitchen w/stainless steel appliances, 2 bedrooms, full bath, laundry room, solarium & sun porch. Second floor features: spacious bedroom suite w/ full bath & walk-in closet plus a bonus loft/sitting area overlooking the lower level. Spectacular views from every room! Bonus unfinished full basement for storage. Don't miss the detached 2 car garage w/ overhead loft for office or storage use. Equestrians will appreciate the grand 21 stall Kentucky style barn w/ office/utility room, ancillary area for breeding shed or horse hot walker use & a spacious overhead loft. Multiple paddocks & lush grazing pastures allow ample turnout space across the property. Currently equipped as a horse farm, this farm assessed & farm preserved property has a myriad of agricultural & horticultural uses such as conversion to an equestrian center, racehorse training center, vineyard, herbary, organic boutique crop or flower farm & more. Truly endless possibilities for those who embrace the vision of this amazing acreage. This peaceful oasis is an unparalleled location for those who seek pure enjoyment of blending land & the surrounding nature. Proximity to major highways with convenient commute to metropolitan Manhattan or Philadelphia make this property a tremendous opportunity as a luxe weekend retreat or agritourism venue. Experience the unique lifestyle of this magnificent horse farm!
Unit Size
1,552 Ft²
Days on Market
156 days
Land Size
52.36 acres
Price per sqft
$822
Property Type
House
Property Taxes
$573
HOA Dues
-
Year Built
1989

Payment Calculator

Cap Rate Calculator

Last updated: 3 months ago (MOMLS #22307488)

Price History

Date / Event Date Event Price
Aug 24, 2023 Sold
Sold
Jul 6, 2023 In contract -
In contract
Mar 21, 2023 Listed by Keller Williams Real Estate - Princeton $1,275,000
Listed by Keller Williams Real Estate - Princeton
***52+ ACRE PRESERVED HORSE FARM w/ 21 STALL HORSE BARN*** Truly the horse farm you have been waiting for...prepare to bring your design to reality! This incredibly convenient & centrally located farm features both residential & equine amenities on an abundant parcel of acreage. The custom 3 bedroom 2 bath home is a true delight for the homeowner or farm caretaker. First floor features: enclosed entry foyer, airy 2 story living room/dining room, country kitchen w/stainless steel appliances, 2 bedrooms, full bath, laundry room, solarium & sun porch. Second floor features: spacious bedroom suite w/ full bath & walk-in closet plus a bonus loft/sitting area overlooking the lower level. Spectacular views from every room! Bonus unfinished full basement for storage. Don't miss the detached 2 car garage w/ overhead loft for office or storage use. Equestrians will appreciate the grand 21 stall Kentucky style barn w/ office/utility room, ancillary area for breeding shed or horse hot walker use & a spacious overhead loft. Multiple paddocks & lush grazing pastures allow ample turnout space across the property. Currently equipped as a horse farm, this farm assessed & farm preserved property has a myriad of agricultural & horticultural uses such as conversion to an equestrian center, racehorse training center, vineyard, herbary, organic boutique crop or flower farm & more. Truly endless possibilities for those who embrace the vision of this amazing acreage. This peaceful oasis is an unparalelled location for those who seek pure enjoyment of blending land & the surrounding nature. Proximity to major highways with convenient commute to metropolitan Manhattan or Philadelphia make this property a tremendous opportunity as a luxe weekend retreat or agritourism venue. Experience the unique lifestyle of this magnificent horse farm!

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,552
  • Gross Building Area: 1,552
  • Building Area: 1,552
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1008
  • County Land Use Code: 3A

Neighborhood

  • School District Name: North Hanover Township School District
  • Census Tract: 704500

Geography

  • District: 26
  • Parcel: 26 00700-0000-00019
  • Block: 700
  • Lot: 19
  • Municipality: NO HANOVER TWP
  • Latitude: 40.0649
  • Longitude: -74.6031

    Address

  • Full Address: 550 Monmouth Rd
  • Address - House Number: 550
  • Address - Street Name: Monmouth
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Wrightstown
  • Zip Code: 08562

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $687,002

    Appraisal Valuation

  • Standard Deviation: 0.1651
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 79
  • Final Value: 804,723
  • High Value: 937,639
  • Low Value: 671,807

    Market Valuation

  • Market Total Value: $309,600
  • Market Land Value: $70,000
  • Market Improvement Value: $239,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $309,600
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $239,600

    Sales

  • Current Sale Contract Date: Aug 15, 2023
  • Current Sale Recording Date: Nov 17, 2023
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 5863764
  • Previous Sale Recording Date: Jan 06, 2014
  • Previous Sale Contract Date: Dec 26, 2013
  • Previous Sale Amount: $745,000
  • Previous Sale Document Type: 12
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

About Burlington


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 550 Monmouth Road built and last sold?
The property at 550 Monmouth Road was built in 1989 and last sold on Aug 15, 2023 for $1,175,000.
How much is this home worth?
The estimated value of the home located at 550 Monmouth Road is $0.
What are some comparable homes to 550 Monmouth Road?
There are currently no comparable homes to 550 Monmouth Road.