59 FALSON LN MORGANVILLE, NJ 07751

Features

• Price/sqft: $587
• Lot Size: 24.02 acres
• Total Units: 1
• Total Rooms: 8
• Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Basement, Bathroom 1, Bathroom 2, Bathroom 3
• Stories: 200
• Roof Type: HIP
• Heating: Heat Pump
• Construction Type: Frame
• Exterior Walls: Siding (Alum/Vinyl)

Facts

• Year Built: 01/01/1984
• Property ID: 898598300
• MLS Number: NJMM2002804
• Parcel Number: 30 00146-0000-00016
• Property Type: Single Family Home
• County: Monmouth
• Zoning: LC
• Listing Status: Active

Pre-Foreclosure Info

• Date Defaulted Lien: 07/23/2024
• Amount Defaulted: $688,704
• Recording Date: 07/23/2024
• Recording Year: 2024

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. UNIQUE DEVELOPMENT OPPORTUNITY! Calling all interested BUYERS AND INVESTORS, this is a home with MUCH value in its LAND! This is a spacious 4 bedroom ranch property that is sitting on a vast approximate 25 acre land. This home has 3 full baths and 9 rooms in total. This property comes with an in-unit washer/dryer that is located in its separate pantry-room. The kitchen is spacious and tiled, housing a multitude of wooden pantries for easy and stylish storage. From the bright skylights, ceiling fans in every room, breezy upstairs balcony, expansive deck, storage attic, and unfinished basement- this nature surrounded home is a wonder to live in. The estimated value for the property (in move-in condition) is about $850, 000., and the land is over $1, 000, 000. Five acre land has been sold for about $300, 000. and more. Newly built homes in the area have quickly sold in a range of $1, 000, 000-$2, 000, 000 each depending on size, design, and fixtures. Combined with approx. 25 acres of land and the beautiful property sitting on it, the asking price for this property is $1, 500, 000. With over 20 useable acres as per the wetlands report, this land can potentially be subdivided and built on in approximate 5 acre parcels, with the potential to build around 4 additional single family homes that may range from 3, 000-6, 000 square feet after subdivision. Permitted uses under present zone: cluster development, golf course, swim club, government bldgs, single family dwellings, Treed & cleared property. This home is surrounded by lush greenery and wildlife of all kinds. You will frequently see deer and turkeys grazing around the property. Very safe and tranquil. The land offers much potential and nature.