CMA — 33 Westbrook Drive, Morganville NJ | ProLegacy Realty

Comparative Market Analysis

33 Westbrook Drive

Morganville · New Jersey · 07751 · Westbrook Estates

Beds / Baths
5 / 4
Living Area
3,334 sf
Year Built
1980
Pool
Inground
Lot Size
0.58 Acres
Garage
2-Car
Estimated Market Value Range
$1,375,000 – $1,450,000
Appreciation-Adjusted · July 2026

Overview

Subject Property

33 Westbrook Drive
Colonial · 2-Story · Single Family
33 Westbrook Drive
Morganville, New Jersey 07751 · Westbrook Estates · Marlboro Township
Bedrooms
5
Bathrooms
4 Full
Livable Area
3,334 sq ft
Basement
1,980 sf · 924 sf Finished
First Story
2,058 sq ft
Upper Story
1,300 sq ft
Year Built
1980 · Eff. Age 25 Yrs
Lot Size
0.58 Acres (121 x 211)
Garage
2-Car Basement
Pool
Inground Vinyl · 648 sf
Deck
916 sq ft
Exterior
Alum/Vinyl · Brick Accent
Report Date
July 2026
Neighborhood
Westbrook Estates
School District
Marlboro Township
Condition
Updated & Pristine
Key Features
Inground Pool 916 sf Deck Fireplace 2-Car Garage Finished Basement 4 Full Baths HW Baseboard Heat Central A/C Brick Exterior Solar Panels No HOA
Assessed Value
$638,600

Market Data

Comparable Sales

25 Westbrook Drive
Comparable 1 — Same Street
Sold August 2025
25 Westbrook Drive
Morganville, NJ 07751 · Westbrook Estates
$1,155,000
Listed $999,999 · Sold $155K over ask · 12 DOM
5 Bed / 2.5 Bath2,684 sfBuilt 1980 Finished Basement2-Car Garage0.54 Acres Saltwater PoolTrex Deck
Features: Updated kitchen opening to 2-tier Trex deck, gas fireplace, finished basement, inground saltwater pool, wooded lot, 2-zoned AC. Sold $155,001 over asking price in 12 days.
The most directly comparable sale — same street, same neighborhood, same vintage. Sold dramatically over asking. Subject is 650 sf larger, has 4 full baths vs 2.5, and a larger lot (0.58 vs 0.54 acres). These advantages clearly support a higher price. Applying appreciation and size/bath adjustments places the subject well above this comp.+5.5% today → ~$1,219,000
20 Westbrook Drive
Comparable 2 — Same Street
Sold July 2024
20 Westbrook Drive
Morganville, NJ 07751 · Westbrook Estates
$1,200,000
Listed $999,000 · Sold $201K over ask · 9 DOM
5 Bed / 4 Bath2,908 sfBuilt 1980 Finished Basement2-Car Garage0.48 Acres Heated PoolSaunaSolar Panels
Features: Granite kitchen, hardwood floors, home theater, wet bar, sauna, Generac generator, heated inground pool, deck, gazebo, solar panels, 2-zoned HVAC. Sold $201K over list in 9 days.
Went dramatically over asking — reinforcing extraordinary buyer demand in Westbrook Estates. At 2,908 sf this comp is 426 sf smaller than the subject. Both have 4 full baths. Subject's larger footprint, 916 sf deck, and pristine condition support a meaningfully higher value. 24-month appreciation adjustment is significant.+12% today → ~$1,344,000
20 Jackie Drive
Comparable 3 — Most Recent · Highest Sale
Sold June 2026
20 Jackie Drive
Morganville, NJ 07751 · Westbrook Estates
$1,510,000
Listed $1,350,000 · Sold $160K over ask · 14 DOM · Multiple Offers
5 Bed / 4.5 Bath3,646 sfBuilt 1980 Finished Basement2-Car Garage0.69 Acres Gunite Heated Pool + SpaWaterfall
Features: Custom colonial — owner suite addition w/balcony, gourmet kitchen, quartz counters, stucco/stone exterior, renovated gunite heated pool with spa and waterfall, fully finished basement, wet bar, recessed lighting throughout.
The strongest and most recent data point — the clearest ceiling for this market. This home is 312 sf larger, has 4.5 vs 4 baths, and a premium gunite heated pool with spa vs the subject's vinyl pool. A $75–100K downward adjustment from this comp alone places the subject's implied value at $1,410,000–$1,435,000.+0.5% today → ~$1,518,000
5 Scott Drive
Comparable 4 — Sold at Full Ask · 0 DOM
Sold April 2026
5 Scott Drive
Morganville, NJ 07751 · Westbrook Estates
$1,235,000
Listed $1,235,000 · Full Ask · 0 DOM · Under Contract Day of Listing
5 Bed / 2.5 Bath3,004 sfBuilt 1980 Finished Heated Basement2-Car Garage0.44 Acres Inground Vinyl PoolSolar Panels
Features: Renovated colonial, dec molding, recessed lighting, 2-zoned HVAC, inground vinyl pool, solar panels, finished heated basement, 3,000+ sf. Went under contract the same day it was listed at full asking price.
Outstanding market signal — under contract day of listing at full ask. Has 2.5 baths vs subject's 4 full baths, and is 330 sf smaller. Both have vinyl pools. Subject's extra 1.5 baths and 330 additional square feet represent clear value above this comp. Size and bath adjustments push the subject's implied value well above $1,300,000 from this baseline.+1.5% today → ~$1,254,000

Time Adjustment

Market Appreciation Analysis

Comp 1 · Aug 2025
$1,155,000
+5.5% → ~$1,219,000
Comp 2 · Jul 2024
$1,200,000
+12% → ~$1,344,000
Comp 3 · Jun 2026
$1,510,000
+0.5% → ~$1,518,000
Comp 4 · Apr 2026
$1,235,000
+1.5% → ~$1,254,000

Appreciation rate applied: ~0.5%/month based on Monmouth County luxury single-family market trends in Westbrook Estates. All four comps sold over asking price, confirming a strong seller’s market. All adjustments are analytical estimates only.


Analysis

Adjusted Valuation

Estimated Market Value — 33 Westbrook Drive
Appreciation-Adjusted · July 2026
Recommended List Range
$1,375,000 $1,450,000
Base value — appreciation-adjusted average of all four comps ~$1,334,000
Size premium — subject is 330–650 sf larger than Comps 1, 2 & 4 (~$350/sf blended) +$50,000
Bath premium — subject has 4 full baths vs 2.5 full baths in Comps 1 & 4 +$22,000
Pool adjustment — subject has vinyl pool; Comp 3 has premium gunite/heated/spa −$30,000
Condition premium — updated & pristine with effective age 25 years; truly move-in ready +$25,000
Deck premium — 916 sf deck is among the largest in the comparable set +$10,000
Market momentum — all four comps sold over asking; Westbrook Estates demand remains extremely strong +$10,000
Estimated Market Value Range $1,375,000 – $1,450,000
Broker Suggested List Price
$1,425,000
Jamie Kline, Broker · ProLegacy Realty
CMA-Derived Range Midpoint
$1,412,500
Based on appreciation-adjusted comp analysis
A list price of $1,425,000 is strategically positioned to attract the serious, well-qualified buyers who have driven every comparable in Westbrook Estates over asking price. With all four comps selling above list — including one the day of listing and one with multiple offers — pricing at $1,425,000 creates competitive momentum while leaving room for the market to push higher. The subject’s pristine condition, 4 full baths, 916 sf deck, and one of the largest lots in the neighborhood fully support this confident ask.

Qualifications

Notes & Considerations

Every Single Comp in This Neighborhood Sold Over Asking

This is not a coincidence — it is a pattern. Comp 1 sold $155,001 over asking. Comp 2 sold $201,000 over asking. Comp 3 received multiple offers and sold $160,000 over asking. Comp 4 went under contract the day it listed at full price. Westbrook Estates is a highly coveted Morganville neighborhood with tight inventory and a consistent pool of buyers who know exactly what they want and are willing to compete for it. A well-priced, well-presented listing at 33 Westbrook Drive has every reason to follow the same pattern.

The Pristine Condition Premium

The tax record reflects an effective age of 25 years — meaning this 1980 home has been maintained and updated to a condition equivalent to a home built around 2001. Buyers and their agents notice this immediately. A move-in ready, updated colonial in this neighborhood commands a premium over homes that need work and dramatically shortens days on market. The condition of 33 Westbrook Drive is one of its strongest competitive advantages and is reflected in the upper end of the recommended list range.

Pool Consideration: Vinyl vs. Gunite

The subject has an inground vinyl pool — a highly desirable feature in this market. However, Comp 3 (the highest sale at $1,510,000) featured a premium gunite heated pool with a spa and waterfall, which added meaningful value. This distinction is accounted for in the valuation with a $30,000 downward adjustment. The subject’s pool is still a strong amenity that differentiates this listing from homes without a pool and supports pricing at the upper range relative to Comps 1, 2, and 4. Highlighting the pool in marketing photography will be important to maximizing perceived value.

Solar Panels — Owned vs. Leased

Solar panels are visible on the roof and are a desirable feature that buyers in this market appreciate. Before listing, it is important to clarify whether the panels are owned outright or subject to a lease or power purchase agreement (PPA). Owned panels increase value and are a marketing asset. Leased panels require buyer assumption of the contract and must be disclosed clearly in the MDS and attorney review. Addressing this upfront — with documentation ready — will prevent delays and keep the transaction moving efficiently to closing.

This Comparative Market Analysis is prepared for informational purposes and reflects market data available as of July 2026. Market conditions change and individual property features may affect final value. This analysis does not constitute a formal appraisal. All appreciation estimates are based on general market trends and are not guaranteed. Information sourced from Monmouth County tax records and MLS data. © 2026 ProLegacy Realty LLC · Jamie Martin Kline · Lic# 1647030

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