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785 State Route 34, Colts Neck, NJ, 07722

5beds
4baths
3,612sqft
$1,299,000
$360price/sqft
$8,375/moest. monthly cost
$335,000/yrincome needed

About This Home

A rare opportunity to create your dream property on nearly 4 acres of prime land in Colts Neck. The main home has already undergone partial renovations, blending modern updates with the chance to finish and customize to your taste. Brand new roof completed in 2024. Currently, 3 of the 5 bedrooms and 2.5 of the 3.5 bathrooms have been beautifully renovated, giving you a strong head start while still leaving room to add your personal touch. This expansive property offers incredible versatility with four separate structures, including the main residence, a storage building, a massive 2,600-square-foot accessory building, and a spacious guest cottage. Whether you're a contractor, car enthusiast, hobbyist, or someone looking for a unique live/work setup, the possibilities here are wide open. Step outside to enjoy the in-ground pool, perfectly suited for relaxing or entertaining. More improvements currently underway. New 2-Zone HVAC system to be installed May 2026. New Driveway recently paved (May 2026). Landscaping Improvements to be done May of 2026. Bring your imagination, this is a property with exceptional potential, space to grow, and the flexibility to truly make it your own.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

8/10
Conover Road SchoolGrades 3-50.4 mi
7/10
5/10
Colts Neck High SchoolGrades 9-123.2 mi

Construction

Condition

  • Year built: 1946

Type & Style

  • Home type: SingleFamily
  • Architectural style: Mother/Daughter,Carriage House,Colonial
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Dec Molding,Recessed Lighting
  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

  • Heating features: 2 Zoned Heat
  • Cooling features: 2 Zoned AC

Interior Area

  • Total structure area: 3,612
  • Total interior livable area: 3,612 sqft

Property

Details

  • Parcel number: 1000009000000017
  • Zoning description: Residential

Features

  • Stories: 2
  • Private pool: Yes
  • Pool features: In Ground
  • Exterior features: Swimming

Lot

  • Lot size: 3.73 Acres
  • Features: Oversized

Parking

  • Total spaces: 2
  • Parking features: Gravel
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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 WaveRelatively High
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Strong Wind
Heat Wave
Hurricane
Inland Flooding
Lightning
Wildfire
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 $6,568$78,816
Home Insurance *$470$5,640
Property Taxes $939$11,268
Electricity $398$4,778
Total$8,375$100,500
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$287,142/yr
40% on housing$251,250/yr
45% on housing$223,333/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

$360This listing

vs Other Active Listings

Avg $/sqft

ZIP 07722$511
Monmouth County$425

vs Homes Sold Last Month

Median $/sqft

ZIP 07722$411
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)

Price History

DateEventPrice
2026-05-01Listed for sale$1,399,000
2024-03-15Sold$1,100,000
2020-11-12Listing removed$999,000
2020-09-11Price change$999,000
2020-07-17Listed for sale$1,025,000
2017-11-14Listing removed$3,200
2017-11-10Price change$3,200
2017-10-30Listed for rent$3,000
2017-09-21Listing removed$3,500
2017-09-11Price change$3,500
2017-08-27Listed for rent$4,000
2014-04-12Listing removed$1,299,000
2013-12-19Listed for sale$1,299,000
2006-01-11Sold$1,110,000

For Sale by Agent

AgentJoseph Roda
BrokerageEncore Real Estate

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