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195 Pease Rd, Manalapan, NJ, 07726

$369,900

Home List Price

$4,393*

Closing Credit

4 Bedrooms
2 Full Baths
2,197 SqFt
$168/SqFt
House

Location

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195 Pease Rd, Manalapan Township$369,900

Buyer Closing Credits

$4,393*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAsphalt, Driveway, Off Street, On Street
Attached Garage1 space
Year Built1951
HeatingNatural Gas, Baseboard
CoolingNone
BasementYes
WaterfrontStream
ViewTrees/Woods, Creek/Stream
MLS #22429028
Lot Size4.48 Acres
StatusActive

About 195 Pease Rd

The astute buyer or investor will recognize the many ways to unlock untapped value($) in this older rustic cape on 4.48 acres in a great area in the north end of highly desirable Manalapan. Needs some TLC & updating, BRs are small, but with a low price, low taxes & a surprisingly spacious 2197sf, Public Water & Sewer, Natural Gas heating, it's a great bang the for buck. Large kitchen, 3+ BRs & 1 full bath in the main home. Plus a separate 1 BR/1 BA M/D apt with its own entrance. Note, home is close to the road & there is a stream on the property. Update/reno the house and live or rent, possibly carve out a buildable lot, build new, etc. tremendous potential; BUYER DUE DILIGENCE needed for any subdivision, see photo 3 which depicts non-AE zone area, sold as is, CO Responsibility of buyer Additional 3rd room upstairs (no closet) can be 5th BR. Excellent area surrounded by much more expensive homes. Adjacent to Balmar Wood Park (tennis and playground) and across from Holiday Park and Lake, all this and great Manalapan schools! CO buyer responsibility. Zoned R20 residential, there can be many ways to utilize this land, BUYER's own DUE DILIGENCE required.

Property Details

Property Features

Property Information:

  • Architectural Style: Cape
  • Year Built: 1951
  • Stories: 2
  • Living Area: 2,197 SqFt

Listing Office:

  • Office Name: IPro Realty Inc
  • Listing Agent: Carolyn Pinnola

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Built-Ins

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Stream
  • View: Trees/Woods, Creek/Stream
  • Exterior: Other, Lighting

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Asphalt, Driveway, Off Street, On Street

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 4.48 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Baseboard
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $369,900
  • Price Per SqFt: $168/SqFt

Tax Information:

  • Annual Amount: $1,137
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Manalapan Township, NJ.

Med. Sold Price

$675K

Med. Price/SqFt

$306

Avg. Days On Market

25

# of Sold Homes

43

195 Pease Rd vs Manalapan Township

40 DAYS ON ROCKET

+15 Days

$369,900

-$305.1K Less

$168/SqFt

-$138 Less

KEY TAKEAWAY

This property is $305.1K less than the Median Sold Price and $138/SqFt less than other homes in Manalapan Township, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
  • MLS Number: #22429028

Listing Office:

  • Office Name: IPro Realty Inc
  • Listing Agent: Carolyn Pinnola

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: 11/14/2024, 11:50:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,137$148,700
2019$3,034$151,000
2018$3,034$146,800
2017$2,956$143,100

History based on county public records data.

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$1,914

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,175

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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.

Nearby Schools

school-card-donut-438474
7
/10
  • Pine Brook School

  • 155 Pease Rd

  • 0.41 miles

  • Public District Grades 6-6

school-card-donut-438475
8
/10
  • Milford Brook School

  • 20 Glo Bar Ter

  • 1.48 miles

  • Public District Grades 1-5

school-card-donut-438476
8
/10
  • Taylor Mills School

  • 77 Gordons Corner Rd

  • 1.51 miles

  • Public District Grades 1-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $167,130. Residents of Manalapan Township, NJ typically earn between $100k-200k each year. Most families are married, with kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 195 Pease Rd

What is the listing price of this property?

The listing price of 195 Pease Rd property is $369,900.

What type of property is this?

The property 195 Pease Rd is a house located in Manalapan, New Jersey, 07726.

Is this property for sale now?

Active Listing: 195 Pease Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,137 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 195 Pease Rd has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 195 Pease Rd is 2,197 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 195 Pease Rd is 1951.

Rocket HomesNew JerseyMonmouth CountyManalapan Township07726195 Pease Rd

This home is located at 195 Pease Rd in Manalapan, NJ and zip code 07726. This 2,197 square foot home, which was built in 1951, sits on a 4.48 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 05, 2024 and is currently priced at $369,900.

While more than 25 listings in Manalapan Township, NJ in October 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 15 were sold below. The inventory of homes for sale in Manalapan Township, NJ between September 2024 and October 2024 decreased by 10.2%. In October 2024 median list price was $675,000 and the average listing age was 25 days.

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

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