''Colonial Farms'' - A unique Thoroughbred Horse farm located in the heart of Colts Neck that has greatly contributed to the NJ racing industry. This property is a turn key operation as a horse farm, or gentleman's estate. The property boasts a main residence as well as 2 other private homes as well as offices, barns, paddocks, and storage buildings. The 96 acres are what is left of the property known as the development ''Rancho Polo''. The property can easily accommodate a main residence or family compound. Please note** Two other adjacent farms have recently sold last year that are not in the MLS. (#1) 45.5 acres +/- Auctioned for $2,750,000 at $61,000 per acre./ (#2) 50 +/- Acre Farm sold for $5,000,000 at $100,000 per acre. Subject property is priced at $50,000 per Acre. This is the largest parcel in Colts Neck currently for sale at a fair market price! "Rancho Polo" is a community of 21 Individual Custom Built Homes ranging from $2,000,000 to $4,000,000! The property can easily accommodate the construction of a new main residence by tearing down the original residence on the property, allowing for the creation of an estate or family compound. Colonial Farms is Located the following Distance from the following Tracks: 10 Miles From Monmouth Park 15 Miles From The Meadowlands 25 Miles From Parx - (Philadelphia Track) 45 - 55 Miles From Aqueduct/Belmont 45-50 Miles From NYC 15 Miles to Jersey Shore 20 Miles from Princeton University 2 Miles from Monmouth University 10 Miles from Rutgers University
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
