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111 Parker Chase Court, Morganville, NJ, 07751

5beds
5baths
5,800sqft
$2,999,999
$517price/sqft
$20,466/moest. monthly cost
$818,640/yrincome needed

About This Home

NEW CONSTRUCTION IN THE HEART OF MORGANVILLE AT ITS ABSOLUTE FINEST. Thirteen custom homes situated amongst 2 premium private cul-de-sacs located in one of the most sought after locations in all of Monmouth County. Spectacular 42 acre parcel surrounded by conservation easements with lots ranging from three quarters of an acre to 2 plus acres. All public utilities on site this is a no brainer for anyone looking for new and custom with one of NJ's best developers. Homes starting from 5000sq ft all the way up to 10,000 sq ft and each lot permitted to have a full pool and patio area. Name of the development is PARKER CHASE AND the only access point is to go through the Crine West development. There is truly nothing like this opportunity on the market today. With few lots remaining reach out and schedule an appointment to come see the most premier new construction development in Monmouth County. Minutes to 18 and all major transport as well as close to the new Netflix Studios and highly rated schools there is no comparison for luxury and privacy all at the same time! This home is already up and fully roughed out. Come and pick your finishes today and can be a quick delivery!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

6/10
Marlboro High SchoolGrades 9-122.3 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Roof: Timberline

Type & Style

  • Home type: SingleFamily
  • Architectural style: Custom,Colonial,Contemporary
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Ceilings - High,Full

Bedrooms & Bathrooms

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

Heating & Cooling

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

Interior Area

  • Total structure area: 5,800
  • Total interior livable area: 5,800 sqft

Property

Details

  • Parcel number: 30001800300005

Features

  • Stories: 3
  • Exterior features: Balcony

Lot

  • Lot size: 0.88 Acres

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
    Strong WindVery High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Strong Wind
Heat Wave
Inland Flooding
Lightning
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 $15,169$182,028
Home Insurance *$834$10,008
Property Taxes $3,824$45,888
Electricity $639$7,672
Total$20,466$245,592
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$701,691/yr
40% on housing$613,980/yr
45% on housing$545,760/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

$517This listing

vs Other Active Listings

Avg $/sqft

ZIP 07751$514
Monmouth County$425

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)

Price History

DateEventPrice
2026-07-07Listed for sale$2,999,999

New Construction

AgentAleksandr Pritsker
BrokerageEXP Realty

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