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.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Ardena Elementary School
355 Adelphia Rd
Distance between this listing and this school2.37 miles
Public District Grades KG-5
4
/10
Newbury Elementary School
179 Newbury Rd
Distance between this listing and this school4.15 miles
Public District Grades PK-5
7
/10
Central Elementary School
2007 Allenwood Rd
Distance between this listing and this school4.27 miles
Public District Grades KG-5
Nearby Schools
6
/10
Farmingdale Elementary School
49 Academy St
Distance between this listing and this school0.55 miles
Public District Grades PK-8
6
/10
Howell Township Middle School North
501 Squankum Yellowbrook Rd
Distance between this listing and this school1.25 miles
Public District Grades 6-8
4
/10
Howell Township Memorial Middle School
485 Adelphia Rd
Distance between this listing and this school2.94 miles
Public District Grades 6-8
Nearby Schools
6
/10
Howell High School
405 Squankum Yellowbrook Rd
Distance between this listing and this school1.28 miles
Public District Grades 9-12
6
/10
Colts Neck High School
59 Five Points Rd
Distance between this listing and this school5.72 miles
Public District Grades 9-12
10
/10
Communications High School
1740 New Bedford Rd
Distance between this listing and this school5.77 miles
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).
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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.