NOT LISTED FOR SALE

198 River Rd Red Bank, NJ 07701

Estimated Value: $1,271,841 - $1,280,000

4 Beds
3.5 Baths
2,032 Sq Ft
$628/Sq Ft Est. Value

Last Sold April 20, 2020

Last sale price $750,000 $369 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $8,324/month

12 Days on Market

Highlights

  • Bay View
  • Colonial Architecture
  • Marble Countertops
  • Red Bank Reg High School Rated A
  • Wood Flooring
  • Bonus Room

About This Home

As of April 2020

The charm of yesteryear, trendy finishes, warm and homey...welcome to 198 River Road. You'll love hosting family holidays, Sunday dinners and the big birthdays. As the sun comes up the stain glass window casts a yellow/green glow. A positive start to the day as you head down to the kitchen for the morning coffee. French toast, crispy bacon, fresh squeezed orange juice, no matter the time of day you'll love preparing and enjoying meals in the modern kitchen. The charming plate shelf built in dish cupboard and extensive woodwork reminiscent of days gone by. The setting sun, uniquely different fills the home with a rainbow of colors. Close to town you'll be able to explore great shopping, restaurants, theaters and just minutes to the beach. Cozy, sophisticated, you'll feel right at home! Sophisticated, you'll feel at home right away!

Last Agent to Sell the Property

Pauline Poyner

Heritage House Sotheby's International Realty License #9483492 Listed on: 02/11/2020

Heritage House Sotheby's International Realty

Last Buyer's Agent

Joseph Baumann

The Connolly Agency License #9134474

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,836

Year Built

  • Built in 1922

Lot Details

  • Lot Dimensions are 48 x 150

Parking

  • 1.5 Car Detached Garage
  • Oversized Parking
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 3-Story Property
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Ceiling height of 9 feet on the main level
  • Light Fixtures
  • Window Treatments
  • Bay Window
  • French Doors
  • Sliding Doors
  • Sitting Room
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Bay Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Cooktop
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Washer

Home Security

  • Home Security System
  • Storm Doors

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting

Schools

  • Red Bank Prm Elementary School
  • Red Bank Middle School
  • Red Bank Reg High School

Utilities

  • Zoned Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 39-00017-0000-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,836

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Outdoor Lighting, AC Units, Washer, Window Treatments, Swing Set, Dishwasher, Double Oven, Light Fixtures, Microwave, Security System, Stove, Stove Hood, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Detached, Colonial
  • Reso Interior Features: Bay/Bow Window, Bonus Room, Ceilings - 9Ft+ 1st Flr, Ceilings - Beamed, Den, French Doors, Security System, Sliding Door
  • New Construction: No
  • Year Built: 1922
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 48 x 150
  • General Property Info Farm: No
  • Location Middle School: Red Bank
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • SidingAluminum: Yes
  • General Property Info Handicap Access: No
  • Interior French Doors: Yes
  • Living Room French Doors2: Yes
  • Interior Den: Yes
  • Included Light Fixtures: Yes
  • Included Stove Hood: Yes
  • Number Appliances Included A C Units: Yes
  • Included Outdoor Lighting: Yes
  • Included Window Treatments: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Exterior Storm Door(s): Yes
  • Interior BayBow Window: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • Included Double Oven: Yes
  • Kitchen Eat-In: Yes
  • Rooms Sitting: Yes
  • Garage Oversized: Yes
  • Included Security System2: Yes
  • Interior Bonus Room: Yes
  • Interior Ceilings - Beamed: Yes
  • Dining Room Built-Ins3: Yes
  • Dining Room French Doors3: Yes
  • Kitchen Marble4: Yes
  • Cooling 2 Zoned AC: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Total Bedrooms: 14
  • Stories: 3
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Features Interior:Security System: Yes
  • Other Rooms:Den2: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath Double Sinks: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Construction Type: Aluminum Siding
  • Exterior Features: Patio, Porch - Enclosed, Storm Door(s)
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.5
  • Parking Features: Driveway, Off Street, Oversized
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Radiator, Radiant
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Association: No

Schools

  • Middle Or Junior School: Red Bank

Lot Info

  • Lot Dimensions: 48 x 150
  • Parcel #: 39-00017-0000-00002
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 15836.0

MLS Schools

  • Elementary School: Red Bank Prm
  • High School: Red Bank Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2020
Closed on
Apr 14, 2020
Sold by
Denworth Jeffrey and Denworth Tara
Bought by
Lipp Ronald H and Lipp Kim A
Seller's Agent
Pauline Poyner
Heritage House Sotheby's International Realty
Buyer's Agent
Joseph Baumann
The Connolly Agency
List Price
$749,000
Sold Price
$750,000
Premium/Discount to List
$1,000
0.13%
Current Estimated Value
$1,275,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$525,921
Avg. Annual Appreciation
10.45%
Original Mortgage
$480,000
Outstanding Balance
$431,282
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$845,442

Purchase Details

Listed on
Mar 8, 2016
Closed on
May 9, 2016
Sold by
Agr Homes Llc
Bought by
Denworth Jeffrey A and Denworth Tara
Seller's Agent
Amanda Abdelsayed
Keller Williams Metropolitan
Buyer's Agent
Erin Taffin
Gloria Nilson & Co. Real Estate
Sold Price
$715,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.22%
Original Mortgage
$643,400
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 6, 2014
Closed on
Dec 1, 2014
Sold by
Mcnamara John T
Bought by
Agr Homes Llc
Seller's Agent
David Herchakowski
Berkshire Hathaway HomeServices Signature Properties
Buyer's Agent
Angela Agazzi
VRI Homes
Sold Price
$415,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.90%
Original Mortgage
$415,000
Interest Rate
3.98%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Lipp Ronald H $750,000 Commitment Fot Title Ins
Denworth Jeffrey A $715,000 Multiple
Agr Homes Llc $415,000 Abl Title Ins Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lipp Ronald H $480,000
Previous Owner Denworth Jeffrey A $643,400
Previous Owner Agr Homes Llc $50,000
Previous Owner Agr Homes Llc $415,000
Previous Owner Mcnamara John T $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2020 04/20/20 Sold $750,000 +0.1% $369 / Sq Ft
02/25/2020 02/25/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $749,000 +4.8% $369 / Sq Ft
05/09/2016 05/09/16 Sold $715,000 +72.3% $352 / Sq Ft
12/01/2014 12/01/14 Sold $415,000 -- $138 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

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
2024 -- $926,200 $309,300 $616,900
2023 $16,452 $872,300 $280,400 $591,900
2022 $16,452 $832,200 $265,700 $566,500
2021 $16,366 $742,800 $212,500 $530,300
2020 $17,787 $782,900 $212,500 $570,400
2019 $16,934 $765,900 $212,500 $553,400
2018 $15,836 $724,100 $212,500 $511,600
2017 $15,211 $720,900 $212,500 $508,400
2016 $8,795 $417,400 $212,500 $204,900
2015 $9,708 $477,500 $248,500 $229,000
2014 $9,135 $477,500 $248,500 $229,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22005684

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00017-0000-00002