NOT LISTED FOR SALE

115 Rumson Rd Rumson, NJ 07760

Estimated Value: $5,524,000 - $9,161,000

1.99 Acres
$3,390,561 Price per Acre
86,684 Sq Ft Lot

Last Sold November 22, 2019

Last sale price $1,180,000

Est. 472% increase in value since last sale

Current estimated payment $40,195/month

32 Days on Market

Highlights

  • Pool House
  • River View
  • 1.99 Acre Lot
  • Deane Porter School Rated A
  • Waterfront
  • Wooded Lot

About This Lot

As of November 2019

This estate-like, 2.2-acre waterfront property is located at the end of a private lane (reminiscent of Nantucket) and is adjacent to 15 beautiful unbuildable acres in the most desirable town in Monmouth County. This private oasis on the water had a deep-water dock which provided 24 hr access to the river regardless of tides. The property overlooks the Shrewsbury River in a very scenic, serene setting that is peaceful & spectacular, while also offering a friendly neighborhood. A substantial seashore colonial home with a pool & pool house was previously approved & permitted for this site, along with all necessary land and related permits. For those who desire unique waterfront & privacy in a natural & neighborhood setting, this will be the dream home for you.

Last Agent to Sell the Property

Brenda McIntyre

Brenda McIntyre Realty License #7858960 Listed on: 08/15/2019

Last Buyer's Agent

Darice Asaro

Preferred Properties Real Estate License #1538449

Property Details

Property Type

  • Land

Lot Details

  • 1.99 Acre Lot
  • Waterfront
  • Street terminates at a dead end
  • Level Lot
  • Irregular Lot
  • Wooded Lot

Schools

  • Deane-Porter Elementary School
  • Forrestdale Middle School
  • Rumson-Fair Haven High School

Utilities

  • Electricity To Lot Line
  • Gas Available

Additional Features

  • River Views
  • Pool House
  • Landlocked Lot

Listing and Financial Details

  • Assessor Parcel Number 41-00122-0000-00002

Property Details

Property Type

Land

Lot Details

1.99 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Dead End Street, Irregular Lot, Land Locked, Level, Wooded, Riverview
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • General Property Info Acreage: 1.99
  • Location Middle School: Forrestdale
  • WaterSewer Public Sewer On-Site: Yes
  • WaterSewer Public Water: Yes
  • Lot Description Dead End Street: Yes
  • Lot Description Irregular Lot: Yes
  • Lot Description Wooded: Yes
  • Gas On Site3: Yes
  • Electric On Site2: Yes
  • Water Type Riverview: Yes
  • Lot Description Land Locked: Yes
  • Lot Description Riverview3: Yes
  • Out Buildings Pool House2: Yes
  • Special Features: None

Exterior Features

  • Acres: 1.99
  • Waterfront Features: Riverview
  • Waterfront: Yes

Schools

  • Middle Or Junior School: Forrestdale

Lot Info

  • Lot Size Sq Ft: 86684.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 41-00122-0000-00002
  • Zoning Description: Single Family, Residential
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Deane-Porter
  • High School: Rumson-Fair Haven

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2019
Closed on
Oct 15, 2019
Sold by
Memmott David J and Memmott Deborah G
Bought by
Asaro Christopher and Asaro Darice
Seller's Agent
Brenda McIntyre
Brenda McIntyre Realty
Buyer's Agent
Darice Asaro
Preferred Properties Real Estate
Sold Price
$1,180,000
Current Estimated Value
$6,747,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,567,217
Avg. Annual Appreciation
32.24%
Original Mortgage
$750,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2001
Sold by
Schmidt Margaret
Bought by
Memmott David and Memmott Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,495,000
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 1995
Sold by
Moscatello William
Bought by
Schmidt Robert and Schmidt Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
9.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Asaro Christopher $1,180,000 Green Label Title
Memmott David $2,300,000 --
Schmidt Robert $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Asaro Christopher $750,000
Previous Owner Memmott David $1,495,000
Previous Owner Schmidt Robert $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2019 11/22/19 Sold $1,180,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $66,482 $6,529,000 $2,376,900 $4,152,100
2024 $60,271 $6,043,800 $2,265,400 $3,778,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21933719

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 41-00122-0000-00002

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