$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

Danielle Coyle | RE/MAX SelectReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
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
$0.00
Loan Amount
$0.00