StatusAccepting Backup Offers (ACTIVE UNDER CONTRACT)
About 98 Merrick Rd
Truly idyllic Farm in Monmouth County! Perfect for homestead or agriculture related business. USDA Certified Organic,and Certified Naturally Grown 66 acres. Property encumbered with 62.82acre Farmland Preservation Easement. Generational owner since 1908. Infrastructure includes barn, renovated dairy building (suitable for refrigeration, classes, agro-related business) 2 new high tunnels, 2 greenhouses (propane heated.) 8 ft high Deer fence surrounds 2 acres. Numerous perennials on property including established berries, Lavender field. Solar panels. New irrigation system INSTALLED 2024, Purple Martin migration stop. Silo is in poor condition, 3br colonial house is uninhabitable. Structures do not contribute to property value-highest and Best Use is determined to be the current use. Comprehensive list of farm consultants, and up to date research for future potential available on request. 13 miles to outstanding beaches, boardwalk and Asbury Park food/music scene. Imagine the lifestyle!
Property Details
Property Features
Listing Office:
Office Name: Realmart Realty, LLC
Office Phone: (732) 727-2285
Listing Agent: Qizhan Jack Yao
Lot Features
Lot Information:
Lot: Private, Landscaped, Wooded
Lot Size: 66.00 Acres
Other
Directions Information:
Directions: Rt 33 to Fairfield to Merrick or Adelphia-Farmingdale Rd to Merrick
Municipality:
Howell Twp
Price Information
Listing Price Info
Price Summary:
List Price: $1,500,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Farmingdale, NJ.
This property is $763.5K more than the Median Sold Price in Farmingdale, NJ.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #NJMM2003098
Listing Office:
Office Name: Realmart Realty, LLC
Office Phone: (732) 727-2285
Listing Agent: Qizhan Jack Yao
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$7,554
Per Month
Principal & Interest
$7,487
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,564
Powered By
Advertisement
NMLS#3030
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 school0.50 miles
Public District Grades KG-5
4
/10
Newbury Elementary School
179 Newbury Rd
Distance between this listing and this school3.84 miles
Public District Grades PK-5
6
/10
Marshall W. Errickson School
271 Elton Adelphia Rd
Distance between this listing and this school3.92 miles
Public District Grades KG-5
Nearby Schools
4
/10
Howell Township Memorial Middle School
485 Adelphia Rd
Distance between this listing and this school0.74 miles
Public District Grades 6-8
6
/10
Howell Township Middle School North
501 Squankum Yellowbrook Rd
Distance between this listing and this school1.85 miles
Public District Grades 6-8
6
/10
Farmingdale Elementary School
49 Academy St
Distance between this listing and this school2.13 miles
Public District Grades PK-8
Nearby Schools
6
/10
Howell High School
405 Squankum Yellowbrook Rd
Distance between this listing and this school2.22 miles
Public District Grades 9-12
6
/10
Freehold Township High School
281 Elton Adelphia Rd
Distance between this listing and this school4.08 miles
Public District Grades 9-12
10
/10
Biotechnology High School
5000 Kozloski Rd
Distance between this listing and this school4.24 miles
The neighbors living near this home have an average income of $111,538. Typical income of Farmingdale, NJ residents is between $100k-200k annually. The most common type of family is married, with kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 98 Merrick Rd
What is the listing price of this property?
The listing price of 98 Merrick Rd property is $1,500,000.
What type of property is this?
The property 98 Merrick Rd is land located in Farmingdale, New Jersey, 07727.
Is this property for sale now?
Accepting Backup Offers: 98 Merrick Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
When was this property sold last time and for how much?
The last sale was on August 4, 1998 for $215,248. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 98 Merrick Rd in Farmingdale, NJ and zip code 07727. This home sits on a 66.00 acre lot. It has been listed on Rocket Homes since October 07, 2024 and is currently priced at $1,500,000.
In October 2024, from all listings sold in Farmingdale, NJ there were more than 1 sold above asking price, over 7 sold below and more than 1 were sold right at the asked price. In October 2024 in Farmingdale, NJ there were 32.7% less homes for sale than in September 2024. In October 2024, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $736,500.
From Rocket Homes Real Estate and based on county public records data.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. 
Skiing/snowboarding
Skiing/snowboarding
PGA/LPGA
Extreme Sports
BJs Wholesale Club
Stein Mart
Academy Sports & Outdoors
Panera
Cracker Barrel
Bob Evans
Infiniti
Lexus
Lincoln
Adult Hits
Oldies
News/Talk/Information