232 ROUTE 537, COLTS NECK NJ

For Sale | 1 Family | MLS # 170017318 | 3 Bedrooms | 2 Bathrooms | 31.2 ACRES Lot | Asking $ 8,200,000



31 ACRE MULTI USE EQUESTRIAN ESTATE WITH OPTIONS FOR DEVELOPMENT SYNERGY STABLES is an Equestrian Estate Located in Colts Neck, New Jersey. This proudly appointed expansive 31 acre estate offers endless opportunities for the truly wise investor. Possibilities include operating the turn-key stable facilities as is (annual revenue potential $96,000) or, adding a grand estate residence or subdividing part or all of the property for further residential development (10 acre zoning). If you're an equestrian enthusiast, veterinarian, horse trainer, or sanctuary seeker look no further. This modern and state of the art equestrian complex includes New Jersey's largest 178'X80' indoor riding ring, as well as multiple viewing sections, mirrored throughout for training/practice, 8 run-in-sheds, plus separate equipment shed. Boarding capacity includes 30 stall barn with impeccable high quality fixtures, 7 paddocks, outdoor jumping field, utility kitchen, and main office. The facility is serviced with newly installed water supply connections, temperature controls, and equipment. Additionally, there is a separate, large 3 bedroom, 2.5 bath caretaker home and ample parking spaces. This is a year round Ready to Host state of the art event space. An investor or developer will immediately discern the value of this prime property. It has an excellent value under the $10 million market. Colts Neck Township boasts an upscale over 1 million dollar average home sale which has steadily climbed since 2010. The diminishing availability of parcels of this size and city like proximity to schools, shopping, and conveniences make this estate perfect for any situation. Colts Neck NJ is a prestigious, affluent and intimate community just minutes from the Jersey Shore. It's possible to commute to New York City as the Big Apple is a mere hour away by car, or opt for a high speed ferry from nearby Belford.
Nick Ferraro

Nick Ferraro

Sales Associate

Office 201-653-3933

Cell 732-718-1160

nicholas.ferraro@randrealty.com

How can I help you?

Or call us at 201-653-3933



Provided By: PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY - 201-795-5200

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