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

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

$749.5K

Med. Price/SqFt

$322

Avg. Days On Market

15

# of Sold Homes

8

51 Asbury Rd vs Farmingdale

557 DAYS ON ROCKET

+542 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: 12/23/2024, 11:21:05 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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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-1280191
5
/10
  • Ardena Elementary School

  • 355 Adelphia Rd

  • 2.37 miles

  • Public District Grades KG-5

school-card-donut-1280192
4
/10
  • Newbury Elementary School

  • 179 Newbury Rd

  • 4.15 miles

  • Public District Grades PK-5

school-card-donut-1280193
7
/10
  • Central Elementary School

  • 2007 Allenwood Rd

  • 4.27 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

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

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 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 November 2024 more than 4 listings in Farmingdale, NJ were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 3 were sold below. The inventory of homes for sale in Farmingdale, NJ between October 2024 and November 2024 decreased by 23.7%. The median list price of listings available in November 2024 was $749,591, while the average time on the real estate market was 15 days.

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

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