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For sale
    • Price cut: $45K (6/24)
    $750,000

    318 Water Street, Eatontown, NJ 07724

    2beds
    784sqft
    : 
    $4,978/mo
    Get pre-qualified
    Single Family Residence
    Built in 1950
    2.2 Acres Lot
    $736,000 Zestimate®
    $957/sqft
    $-- HOA

    What's special

    Home officeGourmet kitchenSpa-inspired primary suiteLong private driveway
    Discover the possibilities on this exceptional 2.2-acre property in Tinton Falls -- a rare opportunity to create the custom home you've always imagined. Picture a long private driveway leading to a stunning estate surrounded by mature trees and open space, offering the perfect blend of privacy, luxury, and everyday convenience. Envision a beautifully designed residence with expansive living areas, a gourmet kitchen, spa-inspired primary suite, home office, gym, and indoor-outdoor entertaining spaces that seamlessly connect to the natural setting. With ample room for a pool, outdoor kitchen, gardens, sports court, or additional garage space, this property provides the flexibility to bring your vision to life. Whether you dream of a modern farmhouse, timeless colonial, or sophisticated contemporary retreat, this spacious lot offers the ideal canvas in a highly desirable Monmouth County location close to beaches, parks, shopping, dining, and major transportation routes. A truly unique chance to build a one-of-a-kind home tailored to your lifestyle.
    100 days
    873
    31

    Zillow last checked:

    Listing updated:

    Listed by:

    Kathleen Froelich 732-832-9855,

    Redfin Corporation

    Source: MoreMLS,MLS#: 22615092MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Bedroom
      • Area: 132
      • Dimensions: 11.0 x 12.0
      Bathroom
      • Area: 35
      • Dimensions: 7.0 x 5.0
      Other
      • Area: 198
      • Dimensions: 11.0 x 18.0
      Foyer
      • Area: 60
      • Dimensions: 6.0 x 10.0
      Kitchen
      • Area: 198
      • Dimensions: 11.0 x 18.0
      Living room
      • Area: 180
      • Dimensions: 10.0 x 18.0
      Other
      • Description: Storage
      • Area: 30
      • Dimensions: 6.0 x 5.0
      Heating
      • Oil Above Ground
      Cooling
      • None
      Features
      • Doors: Bilco Style Doors
      • Basement: Full,Unfinished
      Interior area
      • Total structure area: 784
      • Total interior livable area: 784 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage
      • Garage spaces: 3
      Features
      • Stories: 1
      • Exterior features: Other
      • Waterfront features: Creek
      Lot
      • Size: 2.2 Acres
      • Features: Back to Woods, Wooded
      Details
      • Parcel number: 49000800100003
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Condition
      • Year built: 1950

      Utilities & green energy

      • Water: Well

      Community & HOA

      Community
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Tinton Falls

      Financial & listing details

      • Price per square foot: $957/sqft
      • Tax assessed value: $495,000
      • Annual tax amount: $7,138
      • Date on market: 5/21/2026

        Estimated market value

        $736,000

        $699,000 - $773,000

        $3,356/mo

        Price history

        DateEventPrice
        6/24/2026Price change$750,000-5.7%$957/sqft
        Source: MoreMLS #22615092 Report a problem
        5/21/2026Listed for sale$795,000$1,014/sqft
        Source: MoreMLS #22615092 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,910 +10.9%$495,000 +10.9%
        2024$6,230 +2.6%$446,300 +13%
        2023$6,075 -8.2%$395,000 -0.9%
        2022$6,619 -2.3%$398,500 +14%
        2021$6,774 +0.3%$349,700 +3.4%
        2020$6,756 +2.4%$338,200 +0.1%
        2019$6,595 +7.1%$337,800 +2.6%
        2018$6,160 -2.6%$329,100 +9.7%
        2017$6,328 +2.9%$299,900 -0.6%
        2016$6,151 -4.8%$301,600 +1.7%
        2015$6,463 +6.8%$296,600 -0.2%
        2014$6,050 +1.4%$297,300
        2013$5,967 +5.6%$297,300
        2012$5,649 +7.3%$297,300
        2011$5,262 +3%$297,300
        2010$5,111 -1.8%$297,300
        2009$5,206 $297,300
        2008-- $297,300 +127.5%
        2007-- $130,700
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 07724

        Getting around

        2 / 100
        Car-Dependent
        19 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Middle: Tinton Falls
        • High: Monmouth Reg

        Source: MoreMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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