NOT LISTED FOR SALE

34 Ridge Rd Rumson, NJ 07760

Estimated Value: $1,090,000 - $1,419,942

4 Beds
4 Baths
2,000 Sq Ft
$627/Sq Ft Est. Value

Last Sold December 21, 2016

Last sale price $570,000 $285 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $7,689/month

25 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Zoned Heating
  • Deane Porter School Rated A

About This Home

As of December 2016

Opportunity awaits with this rare find in the desirable town of Rumson! Perfect for the investor looking for rental income, as this is a duplex or knockdown and rebuild on this large lot which runs nearly 200 feet deep! Must see to appreciate and see the abundance of possibilities that this home and lot have to offer! Selling as duplex, stays as is. Confirmation of zoning and permits are buyers responsibility. Strictly sold as is.

Last Agent to Sell the Property

Toni Freer

Resources Real Estate Brokerage Phone: 732-212-0440 License #1435316 Listed on: 10/14/2016

Last Buyer's Agent

Toni Freer

Resources Real Estate Brokerage Phone: 732-212-0440 License #1435316 Listed on: 10/14/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,348

Year Built

  • Built in 1904

Lot Details

  • Lot Dimensions are 50 x 192

Parking

  • 1 Car Detached Garage

Home Design

  • Duplex
  • Shingle Roof
  • Cedar Shake Siding
  • Shake Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Walkup Attic
  • Stove

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Zoned Heating
  • Heating System Uses Oil Above Ground
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 41-00062-0000-00026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,348

Year Built

Built in 1904

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Attribution Contact: 732-212-0440
  • Subdivision Name: None
  • Reso Flooring: W/W Carpet, Wood, Laminate
  • Reso Interior Features: Attic - Walk Up
  • Year Built: 1904
  • Contract Info List PriceSqFt: 262.5
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 192
  • Location Middle School: Forrestdale
  • Roof Shingled: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Heating Oil Above Ground: Yes
  • Interior Attic - Walk Up: Yes
  • SidingCedarShake: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Washer3: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dryer2: Yes
  • Floors Laminate2: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Gas Stove2: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Construction Type: Shake Siding

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Oil Above Ground, 2 Zoned Heat
  • HeatingYN: Yes

Schools

  • Middle Or Junior School: Forrestdale

Lot Info

  • Lot Dimensions: 50 x 192
  • Parcel #: 41-00062-0000-00026
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 6348.0
  • Tax Other Annual Assessment Amount: 442500.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2018
Sold by
Gagliardi John and Gagliardi Patricia
Bought by
34 Ridge Road Llc
Current Estimated Value
$1,254,971

Purchase Details

Listed on
Oct 14, 2016
Closed on
Jan 25, 2017
Sold by
Labrecque Barbara J
Bought by
Gagliardi John and Gagliardi Patricia
Seller's Agent
Toni Freer
Resources Real Estate
Buyer's Agent
Toni Freer
Resources Real Estate
Sold Price
$570,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.21%
Interest Rate
4.09%
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
34 Ridge Road Llc -- None Available
Gagliardi John $570,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gagliardi John --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2016 12/21/16 Sold $570,000 0.0% $285 / Sq Ft
06/01/2013 06/01/13 Rented $14,400 -- --
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
2025 $13,061 $1,290,200 $814,900 $475,300
2024 $13,047 $1,187,400 $754,900 $432,500
2023 $13,047 $1,116,100 $724,100 $392,000
2022 $10,865 $1,010,300 $642,000 $368,300
2021 $10,865 $763,500 $555,900 $207,600
2020 $10,081 $703,500 $505,400 $198,100
2019 $9,656 $657,300 $353,400 $303,900
2018 $8,597 $580,100 $353,400 $226,700
2017 $6,546 $445,600 $319,200 $126,400
2016 $6,341 $442,500 $319,200 $123,300
2015 $6,348 $436,900 $319,200 $117,700
2014 $6,236 $428,000 $313,500 $114,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21639798

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 41-00062-0000-00026