195 Pease Road Active Save Request In-Person Tour Request Virtual Tour
Manalapan,NJ 07726
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,197 sqft
Price per Sqft $168
MLS Listing ID 22429028
Style Cape
Bedrooms 4
Full Baths 2
Year Built 1951
Annual Tax Amount $3,045
Tax Year 2023
Lot Size 4.480 Acres
Property Description
The astute buyer or investor will recognize the many ways to unlock untapped
value($) in this older rustic cape on 4.48 acres in a great area in the north end of highly desirable Manalapan. Needs some TLC & updating, BRs are small, but with a low price, low taxes & a surprisingly spacious 2197sf, Public Water & Sewer, Natural Gas heating, it's a great bang the for buck. Large kitchen, 3+ BRs & 1 full bath in the main home. Plus a separate 1 BR/1 BA M/D apt with its own entrance. Note, home is close to the road & there is a stream on the property. Update/reno the house and live or rent, possibly carve out a buildable lot, build new, etc. tremendous potential; BUYER DUE DILIGENCE needed for any subdivision, see photo 3 which depicts non-AE zone area, sold as is, CO Responsibility of buyer Additional 3rd room upstairs (no closet) can be 5th BR. Excellent area surrounded by much more expensive homes. Adjacent to Balmar Wood Park (tennis and playground) and across from Holiday Park and Lake, all this and great Manalapan schools! CO buyer responsibility. Zoned R20 residential, there can be many ways to utilize this land, BUYER's own DUE DILIGENCE required.
Location
State NJ
County Monmouth
Area Manalapan
Interior
Heating Natural Gas,Baseboard
Cooling None
Exterior
Exterior Feature Other,Lighting
Garage Asphalt,Driveway,Off Street,On Street
Garage Spaces 1.0
Waterfront No
Waterfront Description Stream
Roof Type Shingle
Building
Lot Description Wooded
Story 2
Sewer Public Sewer
Water Public
Structure Type Other,Lighting
New Construction No