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    92 Millhurst Rd Manalapan Township, NJ 07726

    Sponsored
    For Sale
    $1,950,000

    Prime NJ farmland, nursery potential, home included.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional investment opportunity: 14.01 acres of prime farmland and nursery land in desirable Manalapan Township, New Jersey. This expansive property, encompassing three contiguous lots (APN 14.01, 14.02, 14.03), presents significant potential for agricultural pursuits or nursery operations. The property is zoned R-AG/4, designating it for rural agricultural use. Conveniently located, it offers easy access to major roadways, including Highways 9 and 33, ensuring seamless transportation of goods and efficient commuting. Adding to its appeal, a 1,088 square foot single-family home is situated on the property, providing immediate occupancy or potential rental income. The asking price for this unique offering is $1,950,000. This represents a rare chance to acquire a substantial land parcel in a highly sought-after location, ideal for both established businesses and ambitious entrepreneurs seeking to establish a thriving agricultural venture. The property's size and zoning provide ample room for expansion and development, making it a truly compelling investment prospect. The address is 92 Millhurst Rd, Manalapan Township, NJ 07726.

    Property Features for 92 Millhurst Rd

    General Information

    Property type
    Farms
    Lot Size
    610,276 SF

    HighLights

    • $1,950,000 asking price for 14.01 acres of land.
    • Located at 92 Millhurst Rd, Manalapan Township, NJ 07726.
    • Designated as Farm and Nursery land, zoned R‑AG/4 (Rural Agricultural).
    • Includes three parcels: APN 14.01, 14.02, and 14.03.
    • Features a 1,088 sq ft single‑family home.
    • Convenient access to Highways 9 and 33.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Manalapan Township
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.343752
    Latitude
    40.2786315

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Farm - Prime NJ farmland, nursery potential, home included.
    Where is this farm located?
    The property is located at 92 Millhurst Rd Manalapan Township, NJ.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: $1,950,000 asking price for 14.01 acres of land.; Located at 92 Millhurst Rd, Manalapan Township, NJ 07726.; Designated as Farm and Nursery land, zoned R-AG/4 (Rural Agricultural).
    Request Owner's contact information
    92 Millhurst Rd Manalapan Township, NJ 07726
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    Manalapan Township, NJ 07726
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    92 Millhurst Rd Manalapan Township, NJ 07726
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