5 Clayton Lane Active

Manalapan,NJ 07726

$ 665000

3 Beds

1 Bath

1113 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,113 sqft

Price per Sqft $597

Municipality Manalapan (MAN)

MLS Listing ID 22429816

Style Cape,Bi-Level

Bedrooms 3

Full Baths 1

HOA Y/N No

Originating Board MOREMLS (Monmouth Ocean Regional REALTORS®)

Year Built 1890

Annual Tax Amount $6,473

Tax Year 2023

Lot Size 2.500 Acres

Acres 2.5

Property Description

Whether you're looking for a great starter home with 2.5 acres to expand on or you're a savvy investor looking for a solid land opportunity to build multiple homes this listing holds enormous hidden equity. Start with an ''assumable mortgage'' at 4.75%, 2.96 acres of land and a zoning code of R20 (1/2 acre). Now add that it's located in desirable North Manalapan at the end of a quiet cul de sac, convenient to Rt 9, Rt 18, GSP, NJT, Schools, Shopping, Restaurants and so much more. The Home is certified for an additional second floor and literally surrounded by Million Dollar homes.
New Septic Tank
New On Demand hot water heater 2021
New Furnace 2021
Buyer responsible for due diligence regarding the building of additional homes on the property.

Location

State NJ

County Monmouth

Area Manalapan

Direction Use GPS to address

Rooms

Basement Full,Unfinished

Interior

Heating Forced Air

Cooling Multi Units

Fireplace No

Exterior

Exterior Feature Porch - Enclosed

Roof Type Shingle

Building

Story 2

Sewer Septic Tank

Water Public

Architectural Style Cape,Bi-Level

Level or Stories 2

Structure Type Porch - Enclosed

Others

Senior Community No

Tax ID 28-00003-01-00004

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