296 County 537 Road, Colts Neck

$3,999,900

0 Beds
0 Baths
0 Sqft
96.37 Acres
0 Garages

''Colonial Farms'' is an established Thoroughbred Breeding and Boarding Horse Farm that has greatly contributed to the NJ racing industry. The property is a turnkey operation as a horse farm, or gentleman's estate. It is centrally located in Prestigious Colts Neck Township. The property boasts a main residence with 4 bedrooms with 3.5 baths, two 4 bedroom private homes, office, barns, paddocks, and storage buildings. The farm is comprised of the following: 96 +/- Acres, 75 Acres of Fenced Paddocks comprising a total of 15 paddocks, 87 stalls, 3 large barns, Office, Breeding Barn/Shed, Hay Barn, 5 wooded acres. The farm can easily accommodate a change in use from Horse Breeding to Agricultural use. Please note, the farm is the remainder of the development known as ''Rancho Polo''Please note** Two other adjacent farms have recently sold this year that are not in the MLS. (#1) 45.5 acres +/- Auctioned for $2,750,000 at $61,000 per acre./ (#2) 50 +/- Acre Farm sold for $5,000,000 at $100,000 per acre. Subject property is priced at $50,000 per Acre. This is the largest parcel in Colts Neck currently for sale at a fair market price!
"Rancho Polo" is a community of 21 Individual Custom Built Homes ranging from $2,000,000 to $4,000,000!
The property can easily accommodate the construction of a new main residence by tearing down the original residence on the property, allowing for the creation of an estate or family compound.

Colonial Farms is Located the following Distance from the following Tracks:

10 Miles From Monmouth Park
15 Miles From The Meadowlands
25 Miles From Parx - (Philadelphia Track)
45 - 55 Miles From Aqueduct/Belmont

45-50 Miles From NYC
15 Miles to Jersey Shore
20 Miles from Princeton University
2 Miles from Monmouth University
10 Miles from Rutgers University

Essential Information
MLS® #21932252
Price$3,999,900
Square Footage0.00
Acres96.37
TypeLand / Lot
Sub-TypeResidential
StatusActive
Style

Residentlal District, Adj Golf Course, Business District, Near Country Club, Near Hospital, Near Par

Community Information
Address296 County 537 Road
AreaColts Neck
SubdivisionRancho Polo
CityColts Neck
CountyMonmouth
StateNJ
Zip Code07722
Lot Description

Fenced Area, Level, Wooded, Cleared, Major Frontage

School Information
ElementaryConover Road
MiddleCedar Drive
HighColts Neck
Zoning

Residential, Single Family, Agricultural, Conforming Use

Listing Details
AgentClaude Ranieri
OfficeAmerican Realty Associates
LISTING MAP

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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and is updated as of October 22nd, 2019 at 7:35am EDT (date/time). 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.

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