$665,000
For Sale

5 Clayton Lane

Manalapan, NJ 07726
1113 sqft | 3 beds | 1 bath | 2.50 acres | #22429816
Browse 27 photos
Type:Purchase
Structure:House
Zone:Residential

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.

  • Property Details
      • Property SubtypeSingle Family Residence
      • Exterior FeaturesPorch - Enclosed
      • BasementFull, Unfinished
      • StyleCape, Bi-Level
      • Cooling FeaturesMulti Units
      • Sewer InformationSeptic Tank
      • Property TypePurchase
      • CountyMonmouth
      • MLS #22429816
      • MLS #22429816
      • RoofShingle
      • Utility SourcePublic
      • Cost665000
      • Square Feet1113
      • Year Built1890
      • Acres2.5
      • Cooling1
      • Bedrooms3
      • Bathrooms1
      • Full Baths1
      • Stories2

Location

Legal

© Monmouth Ocean Regional MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is 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.

Last Updated: . Source: MONMOUTH

Listing Courtesy
Listing Agent: Thomas Grace (#50070)
Listing Office: VRI Homes (#137)

Stephen CamposReal Estate Group
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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    © Monmouth Ocean Regional MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is 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.