NOT LISTED FOR SALE

3 Oyster Bay Dr Rumson, NJ 07760

Estimated Value: $2,761,280

2.47 Acres
$1,117,927 Price per Acre
107,593 Sq Ft Lot

Last Sold September 14, 2020

Last sale price $1,830,000 $281 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $17,722/month

132 Days on Market

Highlights

  • River View
  • Waterfront
  • Cul-De-Sac
  • Deane Porter School Rated A

About This Lot

As of September 2020

Spectacular 2.4 acre buildable waterfront lot with sweeping views of Rumson's Oyster Bay. Lot features over 340' of bulkheading with a floating dock and Riparian Grant. Perfectly situated on a quiet cul-de-sac, the location is within biking distance to Sea Bright beaches and an easy drive to the Sea Streak Ferry for an easy commute to Manhattan.

Last Agent to Sell the Property

Scott Gilbert

O'Brien Realty, LLC License #1540098 Listed on: 03/04/2020

Last Buyer's Agent

Jane Heller

Berkshire Hathaway HomeServices Fox & Roach - Rumson License #8537748

Berkshire Hathaway HomeServices Fox & Roach - Rumson

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $32,074

Year Built

  • 1982

Lot Details

  • Waterfront
  • Cul-De-Sac
  • Street terminates at a dead end

Outdoor Features

  • Electricity Available at Street
  • Bulkhead

Schools

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

Additional Features

  • River Views
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 41-00130-0000-00002

Property Details

Property Type

Land

Est. Annual Taxes

$32,074

Year Built

1982

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Bulkhead, Cul-De-Sac, Dead End Street, Riverview
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • Location Middle School: Forrestdale
  • Lot Description Bulkhead2: Yes
  • WaterSewer Public Sewer at Street: Yes
  • WaterSewer Public Water at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Lot Description Dead End Street: Yes
  • Lot Description Cul-De-Sac: Yes
  • Lot Description Riverview3: Yes
  • Special Features: None
  • Year Built: 1982

Exterior Features

  • Waterfront: Yes

Schools

  • Middle Or Junior School: Forrestdale

Lot Info

  • Parcel #: 41-00130-0000-00002

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 32074.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2020
Closed on
Sep 11, 2020
Sold by
Coscia Michael J and Shallis Robin
Bought by
Kerry Griffin 2008 Trust
Seller's Agent
Scott Gilbert
O'Brien Realty, LLC
Buyer's Agent
Jane Heller
Berkshire Hathaway HomeServices Fox & Roach - Rumson
List Price
$1,899,999
Sold Price
$1,830,000
Premium/Discount to List
-$69,999
-3.68%
Total Days on Market
132
Current Estimated Value
$2,761,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$931,280
Avg. Annual Appreciation
9.11%

Purchase Details

Closed on
Aug 27, 2003
Sold by
Ciesla Frank
Bought by
Coscia Michael and Shallis Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Kerry Griffin 2008 Trust $1,830,000 Land Title
Coscia Michael $2,046,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cosscia Michael J $2,000,000
Previous Owner Coscia Michael J $500,000
Previous Owner Coscia Michael $990,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2020 09/14/20 Sold $1,830,000 -3.7% $281 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $1,899,999 -- $292 / 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 $26,663 $2,653,900 $2,653,900 $0
2023 $26,663 $2,280,800 $2,280,800 $0
2022 $27,663 $1,994,000 $1,994,000 $0
2021 $27,663 $1,944,000 $1,944,000 $0
2020 $28,574 $1,994,000 $1,994,000 $0
2019 $32,074 $2,183,400 $1,929,600 $253,800
2018 $32,405 $2,186,600 $1,929,600 $257,000
2017 $32,007 $2,178,800 $1,929,600 $249,200
2016 $31,132 $2,172,500 $1,929,600 $242,900
2015 $31,408 $2,161,600 $1,929,600 $232,000
2014 $31,403 $2,155,300 $1,929,600 $225,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22008762

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 41-00130-0000-00002