Incredible investment opportunity in the heart of Leonardo! This rare, legal two-family property located at 1 Thompson Drive sits on an expansive, park-like lot of over 1.1 acres, backing up to private, serene woods. Spanning nearly 2,912 square feet of total interior space, this income-generating property provides the ultimate flexibility as a multi-unit investment or a perfect multi-generational home.A massive driveway offering abundant off-street parking, set back privately from the main road.The property is ideally situated in the highly rated Middletown School District. It is a commuter's dream, located under 10 minutes from the Seastreak Ferry for direct access to NYC, and just minutes away from local beaches, the Leonardo State Marina, shopping, and major highways like Route 36.
11 RMS, 5 BR, 3BA ON OVER 1 ACRES. A PLEASURE TO SHOW. SPACIOUS ROOMS. MOTHER/DAUGHTER OR LEGAL 2 FAMILY. EAT-IN KIT. PRISTINE & PRIVATE. THIS COLONIAL HAS MASTER BATH, DECK, PARK-LIKE YARD & MORE. PROPERTY MAY HAVE POSSIBILITY OF SUBDIVISION. ECONOMICAL GAS HEAT. CALL GLENDA GOLDBERG FOR OTHER DETAILS (732) 671-1537 X 126
Year
Property tax
Land + Additions
Assessment*
2025
$12,052 (+7.4%)
$362,500 + $430,600
$793,100
2024
$11,225 (−8.4%)
$320,100 + $426,600
$746,700
2023
$12,249 (+15.5%)
$263,600 + $418,800
$682,400
2022
$10,605 (+22.1%)
$257,300 + $447,500
$704,800
2021
$8,686 (−1.2%)
$148,500 + $414,700
$563,200
2020
$8,794 (+1.6%)
$141,600 + $276,000
$417,600
2019
$8,655 (+0.5%)
$141,600 + $269,700
$411,300
2018
$8,609 (+1.0%)
$141,600 + $268,200
$409,800
2017
$8,526 (+8.0%)
$141,600 + $247,900
$389,500
2016
$7,895 (−0.2%)
$141,600 + $247,900
$389,500
2015
$7,911 (+3.1%)
$141,600 + $228,900
$370,500
2014
$7,676 (+2.3%)
$141,600 + $209,100
$350,700
2013
$7,505 (−1.9%)
$141,600 + $209,100
$350,700
2012
$7,652 (+1.0%)
$141,600 + $209,100
$350,700
2011
$7,579 (+4.8%)
$141,600 + $209,100
$350,700
2010
$7,234 (+3.9%)
$141,600 + $209,100
$350,700
2009
$6,965
$161,600 + $227,300
$388,900
Public record
Beds
5
Baths
3
Stories
2
Lot width
233 ft.
Lot depth
210 ft.
Lot size
1.12 Acres
Year renovated
—
Finished Sq. Ft.
2,912
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,912
Year built
1948
Style
Single Family Residential
County
Monmouth County
APN
3200452 00003
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 16, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.62% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 95° expected this year, 16 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Leonardo, NJ • 07737
Average low and high temperatures (°F)
37
25
39
28
55
38
63
47
71
56
81
66
86
72
80
66
76
64
67
53
56
44
43
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
68/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
9.1 hrs
2.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1 Thompson Dr
$982,398
$18K under list price of $1.00M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $588K to $1.2M.