$665,000
For Sale

5 Clayton Lane

Manalapan, NJ 07726
1113 sqft | 3 beds | 1 bath | 2.90 acres | #22429816
Browse 27 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Whether you're looking for a great starter home with 3 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.

  • Interior Details
      • Cooling FeaturesMulti Units
      • Cooling1
    • Beds & Baths
      • Bedrooms3
      • Bathrooms1
      • Full Baths1
  • Property Details
      • Exterior FeaturesPorch - Enclosed
      • Stories2
    • Measurements
      • Square Feet1113
      • Acres2.9
  • Construction Details
      • BasementFull, Unfinished
      • StyleCape, Bi-Level
      • Property TypePurchase
    • Condition
      • Year Built1890
    • Material information
      • RoofShingle
  • Utilities / Energy Details
      • Sewer InformationSeptic Tank
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyMonmouth
  • Other
      • MLS #22429816

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)

John MikhailReal Estate Group
$
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Down Payment

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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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$
annually
$
monthly

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.

Estimated Monthly Payment
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Loan Amount
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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.

    IDX information for Hudson Multiple Listing Service 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. Data is deemed reliable but is not guaranteed accurate by the MLS.

    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.