18 Schoolhouse Road
Cream Ridge, NJ, 08514 $ 5,000,000
Bedrooms7 Baths8.1 Monthly Estimate*
$ 33,232
for $5,000,000 with 7 bedrooms and 8 full baths, 1 half bath. This home was built in 1991 on a lot size of 107.
Welcome to Dreamland Farms, an extraordinary property spanning 107 acres with dual frontages on Schoolhouse Road and Burlington Path (see survey for full layout). This versatile estate offers opportunities for personal enjoyment, income generation, or both. The main compound sits on a 4.75-acre exception area (See highlighted portion on the survey) suitable for non-agricultural uses, benefiting from low property taxes of approximately $30,000. Potential revenue streams include horse boarding, crop cultivation, a winery/brewery, wedding venue and more. The estate features multiple structures with over 6,000 square feet of living space, including the main house, guest ranch, an expansive paver garden perfect for hosting events, a greenhouse, a large 14-stall horse stable with a second-floor lounge, multiple sheds, paddocks, run-in sheds, a massive pole barn, a horse track, security systems with 360-degree cameras, an electronic gate with keypad, and more. Paved roadways throughout the property ensure easy navigation. The main house offers over 4,000 square feet of space, a detached three-car garage, and a second-floor one-bedroom apartment. Upon entering, you are greeted by a grand three-story foyer and a spacious living room with a large stone fireplace. The eat-in kitchen, complete with a center island, exudes warmth and hospitality. A substantial conservatory on the main floor is designed for relaxation, featuring a 360-degree fireplace and access to both the deck and front porch. The second level boasts an extended walkway overlooking the first floor, two bedrooms, a primary bathroom, a laundry area, and a spacious primary bedroom with a fireplace, reading nook, and ensuite with two walk-in closets and a whirlpool tub. The third floor includes an additional full bathroom and a walkway with views of the lower levels, leading to a large great room with two balconies offering splendid property views. The expansive unfinished basement provides ample storage and numerous possibilities. Additional features include two koi ponds, a swimming pool with an attached spa and swim-up bar, and a porte-cochere. The guest ranch with a studio offers additional space for family and guests. It includes three bedrooms, a full bathroom, high beam ceilings in the spacious eat-in kitchen, and a living room with a fireplace. The rear studio features a kitchenette, full bath, and dining area, while the attached garage houses maintenance equipment for the property. Dreamland Estate invites you to explore its abundant amenities and possibilities, whether for personal enjoyment or income generation. This exceptional property has it all!
See more
Single Family ActiveCustom,Detached,Ranch,Colonial,2 Story
FeaturesGeneralInterior Features Balcony Ceilings - 9Ft+ 1st Flr Den French Doors Loft Skylight Breakfast Bar Recessed Lighting
Sewer Septic Tank
Heating Electric Other Oil Below Ground Forced Air 3+ Zoned Heat
Cooling Multi Units Central Air Other
Roof Shingle
Exterior Features Balcony Deck Fence Gazebo Outbuilding Patio Shed Stained Glass Storage Swimming
Garage Spaces 3.0
Architectural Style Custom Detached Ranch Colonial 2 Story
Pool Features In Ground With Spa
Exclusions Personal Items
Year Built 1991
Property SubType Single Family Residence
Tax Year 2022
County Monmouth
New Construction N
Property Type Residential
HOA / Comm Assn N
Attached Garage N
Subdivision Name None
Garage Y/N Y
Other Structures Barn Green House Guest House Horse Barn Misc Building Paddocks Run-in Shed Storage Shed
Total Rooms 0
Status Active
Directions Call Agent
City Cream Ridge
View Y/N N
MLS Area Cream Ridge
Lot Size Square Feet 4660920.0
Waterfront Y/N N
Carport Y/N N
Street Name Schoolhouse
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 29927.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Upper Freehold (UPF)
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 162
Standard Status Active
Tax Assessed Value 1440800
See more
InteriorBasement Full Unfinished
Total Fireplaces 4
Total Stories 3
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Full Baths 8
Half Baths 1
Street Suffix Road
Total Bedrooms 7
Electric On Property Y/N N
Total Baths 9
See more
ExteriorParking Features Circular Driveway Open Paved Asphalt Driveway
Lot Features Fenced Area
Water Source Well
Inclusions Dishwasher Microwave Stove Refrigerator
Lot Size Area 107.0
Spa N
Lot Size Acres 107.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
* Excluded FeaturesList ByAndrew J AdellListing Agent
Compass New Jersey , LlcBroker
andrew.adell@compass.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $33,232
- Monthly Property Taxes
- $2,494
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Cream Ridge, NJ
Average List Price $865,317
Percent of Sale Price 83%
About Cream Ridge, NJ 4,612 Population
35% Since 2002
$ 116,096 Median Income
46.41 Median Age
34% Households with Children
Trends Information provided by ATTOM Data Solutions.
742343 Elementary School
742618 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
12/19/2023 | $5,000,000 | | Listed Price |