UPDATE: A stunning single-family residence in Ocean has just sold for a staggering $10 million, topping the list of Monmouth County’s most expensive real estate sales for the week of September 22-28. This sale marks a significant moment in the local real estate market, which saw a total of 173 residential transactions during the week, with an average price of $951,944.
The impressive sale at 1610 State Highway 35 was finalized on September 2. Built in 1980, this luxurious property highlights the high demand for upscale homes in the region.
Here are more details on the top sales from this week, showcasing the vibrant Monmouth County market:
10. $1.9 million – Located at 19 Old Phalanx Road in Lincroft, this 3,793-square-foot home sold for $1,899,000 at a price per square foot of $501. The deal was finalized on August 28.
9. $2 million – A charming house at 64 W. River Road in Rumson has new owners after selling for $1,995,000. The 2,156-square-foot property built in 1918 closed on August 28.
8. $2.2 million – Another residence in Rumson at 38 Warren Street sold for $2,199,000. This home, featuring 5 bedrooms and 2 bathrooms, was finalized on August 28.
7. $2.3 million – A beautiful 3,064-square-foot home at 15 Monmouth Ave. in Rumson sold for $2,275,000. The deal, also finalized on August 28, adds to the area’s appeal.
6. $2.7 million – Located at 60 River Ave. in Monmouth Beach, this property sold for $2,700,000, with a living area of 3,580 square feet. The deal closed on September 2.
5. $3 million – The residence at 1 Van Circle in Rumson sold for $2,999,999. Built in 1962, this 4,468-square-foot home features 5 bedrooms and 5 bathrooms. The sale was finalized on September 2.
4. $3.1 million – A historic property at 502 Chicago Blvd. in Sea Girt sold for $3,075,000, finalizing on August 29.
3. $4.8 million – The sale of a 1,344-square-foot home at 1048 Stratton Place in Long Branch reached $4,800,000. The deal was finalized on August 28.
2. $5.9 million – Located at 798 Us Highway 9 in Freehold, this property sold for $5,900,000, with the deal closing on August 28.
As the Monmouth County real estate market continues to thrive, these recent sales reflect a robust demand for high-end properties. With more listings expected to hit the market soon, potential buyers and investors should stay tuned for upcoming opportunities.
For anyone interested in the latest market trends, this week’s significant sales underscore the value and desirability of homes in Monmouth County.