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131 Igoe Rd, Morganville, NJ, 07751

7beds
9baths
0sqft
$5,999,999
--price/sqft
$44,414/moest. monthly cost
$1,776,560/yrincome needed

About This Home

Luxury Estate Opportunity - Customize Your Dream Home at 131 Igoe Rd, Morganville, NJ Rare opportunity to take over and complete a truly one-of-a-kind luxury estate in the highly sought-after Morganville section of Marlboro. Situated on a prime 12 acre property, this expansive 3-story residence with over 12,000 sq ft is currently under construction and offers the perfect canvas for a buyer to bring their vision to life. Designed with grandeur in mind, the home features 7 spacious bedrooms and 8 full bathrooms, along with an elevator servicing all levels for ultimate convenience. The basement boasts impressive 13-foot ceilings, creating endless possibilities for a home theater, gym, wine cellar, or entertainment space. Car enthusiasts and collectors will appreciate the 8-car garage, providing ample space for vehicles, storage, or a custom showroom. This is a unique chance to customize finishes, layouts, and design details to your exact taste, without starting from scratch. Whether you're looking to create a modern masterpiece or a timeless estate, the foundation is already in place. Bring your vision and finish this extraordinary home your wayopportunities like this are rarely available in such a prestigious location. Sold as-is. Buyer to assume and complete construction.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
6
BikeSomewhat Bikeable

Schools

6/10
Marlboro High SchoolGrades 9-122.6 mi

Construction

Materials

  • Roof: Asphalt

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Full, Finished, Bath Full, Bedroom, Other Room(s), Daylight, Exterior Entry, Interior Entry, Kitchen

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 9
  • Full bathrooms: 8
  • 1/2 bathrooms: 1

Dining Room

  • Features: Formal Dining Room

Features

  • Bath Full,5 (+) Bedrooms,2 Bedrooms
  • Flooring: Marble,Wood
  • Number of fireplaces: 2
  • Fireplace features: Gas
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 0

Kitchen

  • Features: Kitchen Island, Eat-in Kitchen

Property

Details

  • Parcel number: 3000155000000018021

Features

  • Levels: Three Or More
  • Stories: 3
  • Patio & porch: Porch,Enclosed
  • Exterior features: Open Porch(es),Enclosed Porch(es)

Lot

  • Features: See Remarks
  • Lot size dimensions: 0.00 x 0.00

Parking

  • Total spaces: 8
  • Parking features: 3 Cars Deep,Circular Driveway,Garage,Attached,Built-In Garage,Oversized
  • Has garage: Yes
  • Attached garage spaces: 8
  • Covered spaces: 8
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Strong Wind
Heat Wave
Winter Weather
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $30,339$364,068
Home Insurance *$1,669$20,028
Property Taxes $12,213$146,556
Electricity $193$2,318
Total$44,414$532,968
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,522,765/yr
40% on housing$1,332,420/yr
45% on housing$1,184,373/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07751$321
Monmouth County$422

vs Homes Sold Last Month

Median $/sqft

ZIP 07751$368
Monmouth County$384

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-10Listed for sale$3,500,000

For Sale by Agent

AgentAVI DYNOV
BrokerageREDEFINED REAL ESTATE INC.

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