318 Water Street, Tinton Falls, NJ, 07724
About This Home
Discover the possibilities on this exceptional 2.2-acre property in Tinton Falls -- a rare opportunity to create the custom home you've always imagined. Picture a long private driveway leading to a stunning estate surrounded by mature trees and open space, offering the perfect blend of privacy, luxury, and everyday convenience. Envision a beautifully designed residence with expansive living areas, a gourmet kitchen, spa-inspired primary suite, home office, gym, and indoor-outdoor entertaining spaces that seamlessly connect to the natural setting. With ample room for a pool, outdoor kitchen, gardens, sports court, or additional garage space, this property provides the flexibility to bring your vision to life. Whether you dream of a modern farmhouse, timeless colonial, or sophisticated contemporary retreat, this spacious lot offers the ideal canvas in a highly desirable Monmouth County location close to beaches, parks, shopping, dining, and major transportation routes. A truly unique chance to build a one-of-a-kind home tailored to your lifestyle.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1950
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Full,Unfinished
Bathroom
- Area: 35
- Dimensions: 7 x 5
Bedroom
- Area: 132
- Dimensions: 11 x 12
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Door features: Bilco Style Doors
Foyer
- Area: 60
- Dimensions: 6 x 10
Heating & Cooling
- Heating features: Oil Above Ground
- Cooling features: None
Interior Area
- Total structure area: 784
- Total interior livable area: 784 sqft
Kitchen
- Area: 198
- Dimensions: 11 x 18
Living Room
- Area: 180
- Dimensions: 10 x 18
Other
- Area: 198
- Dimensions: 11 x 18
Other
- Area: 30
- Dimensions: 6 x 5
Property
Details
- Parcel number: 49000800100003
- Zoning description: Residential
Features
- Stories: 1
- Exterior features: Other
- Waterfront features: Creek
Lot
- Lot size: 2.20 Acres
- Features: Back to Woods,Wooded
Parking
- Total spaces: 3
- Parking features: Garage
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
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
- Heat Wave
- Inland Flooding
- Lightning
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,792 | $45,504 |
| Home Insurance * | $198 | $2,376 |
| Property Taxes | $860 | $10,320 |
| Electricity | $193 | $2,318 |
| Total | $5,043 | $60,516 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-24 | Price change | $750,000 |
| 2026-05-21 | Listed for sale | $795,000 |
View on Zillow