50 Drakestown Rd, Mount Olive, NJ 07840
Local realty services provided by:ERA Reed Realty, Inc.
50 Drakestown Rd,Mount Olive Twp., NJ 07840
$2,900,000
- 10 Beds
- 3 Baths
- 5,900 sq. ft.
- Single family
- Active
Listed by: jessica craig, michele blinn-barreiro
Office: coldwell banker realty908-879-4900
MLS#:4011393
Source:NJ_GSMLS
Price summary
- Price:$2,900,000
- Price per sq. ft.:$491.53
About this home
Unique Property. Victorian Mansion. 35.09 acres of improved land with an extensive array of existing structures and amenities. Due to Highlands regulations, further subdivision or redevelopment is restricted, making this ideal for a buyer seeking to rehabilitate, restore, or continue use of the existing improvements. At the heart of the property is a Victorian era residence showcasing historic craftsmanship. Home features fireplaces, hardwood flooring, stonework, current permit for 10 furnished rooms in main house. An efficiency apartment in main residence The expansive grounds include several multifamily residential buildings with rental potential, approx 24 one room cabins, and rec hall. The property features sheds, workshops & utility buildings, Additional amenities include designated trailer and RV sites with existing infrastructure, 6 established campsite pads with fire pits. Electric service throughout the grounds supporting a variety of recreational and operational uses including an inground pool with picnic area, hot tub, sun deck, volleyball & shuffleboard courts. The expansive layout and existing features provide flexibility for a variety of permitted uses, The property does require rehabilitation and is best suited for a buyer with vision who understands the value of improving and maintaining existing structures within the Highlands framework. A rare opportunity to acquire a large, improved tract with historic character....
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Home facts
- Year built:1820
- Listing ID #:4011393
- Added:94 day(s) ago
- Updated:May 31, 2026 at 02:13 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:15
- Flooring:Carpeting, Tile, Wood
- Dining Description:Formal Dining Room, On First Floor
- Bathrooms Description:Stall Shower And Tub
- Kitchen Description:Carbon Monoxide Detector, Dishwasher, Eat-In Kitchen
- Bedroom Description:Full Bath
- Basement Description:Basement, Unfinished
- Living area:5,900 sq. ft.
Structure and exterior
- Roof:Rubberized, Slate
- Year built:1820
- Building area:5,900 sq. ft.
- Lot area:35.09 Acres
- Lot Features:Corner, Open Lot, Wooded Lot
- Architectural Style:Custom Home, Victorian
- Construction Materials:Wood
- Exterior Features:Deck, Open Porch, Outbuilding(s), Patio, Storage Shed, Workshop
Utilities
- Water:Public Water
- Sewer:Cesspool, Septic
Finances and disclosures
- Price:$2,900,000
- Price per sq. ft.:$491.53
- Tax amount:$32,431 (2025)
Features and amenities
- Appliances:Carbon Monoxide Detector
- Amenities:Beam Ceilings, Club House, High Ceilings, Pool-Outdoor, Storage
- Pool features:In-Ground Pool, Pool, Pool-Outdoor
Parking
- Parking description:1 Car Width, 2 Car Width, Circular Driveway, Detached Garage, Paver Block
- Garage spaces:2
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