NOT LISTED FOR SALE

41 Oakes Rd Rumson, NJ 07760

Estimated Value: $5,484,000 - $10,568,876

7 Beds
9 Baths
13,488 Sq Ft
$595/Sq Ft Est. Value

Last Sold September 12, 2022

Last sale price $9,680,000 $718 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $50,908/month

40 Days on Market

Highlights

  • Boat Dock
  • Boat Lift
  • Indoor Spa
  • Guest House
  • Fitness Center
  • Pool House

About This Home

As of September 2022

YOUR WATERFRONT RESORT STYLE OASIS AWAITS! The 5.5 acre estate sits on a peninsula lot and quiet cul-de-sac with panoramic views of the Shrewsbury River. This custom 7 bedroom, 6 full bath, and 3 half bath home has been completely gutted and renovated with exquisite attention to detail. Imported floor to ceiling windows overlooking the water welcome you as soon you enter into the open and bright foyer. Make your way into the updated kitchen which offers all brand new Wolf appliances, 2 ovens, 2 sinks, and a spacious Butler's pantry for optimal storage. The first floor also features one of the two Master En Suites, a game room with a golf simulator, golf putting green and full bar. The second floor features your second Master En Suite, 5 additional bedrooms, laundry room with 4 washer and dryers, and spacious terrace overlooking the river. The entire home is spray foam insulated and all bathrooms and first floor are equipped with radiant heat.

Vacation right at home in your dream backyard with a private dock and lift. The pool is brand new with glass tile and jewelscape flooring. Relax in the built in hot tub or around the two fire pits while enjoying gorgeous waterview sunsets. Make your way into the pool house which offers a full kitchen and bathroom. In the front of the property sits the guest house with a spacious open floor plan so guests can feel right at home. To make an appointment, call today!

Last Agent to Sell the Property

Kerrin O'Brien

O'Brien Realty, LLC License #1007851 Listed on: 05/12/2022

Co-Listed By

Edwin Oels

O'Brien Realty, LLC License #1223273

Last Buyer's Agent

Chris Katz

RE/MAX Synergy

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 5.52 Acre Lot
  • River Front
  • Cul-De-Sac
  • Street terminates at a dead end
  • Fenced
  • Landscaped
  • Oversized Lot
  • Sprinkler System

Parking

  • 4 Car Direct Access Garage
  • Circular Driveway
  • Paver Block

Home Design

  • Custom Home
  • Slate Roof
  • Cedar Shake Siding
  • Shake Siding

Interior Spaces

  • 13,488 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Home Theater Equipment
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • Ceiling height of 9 feet on the main level
  • Recessed Lighting
  • 4 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Bay Window
  • French Doors
  • Sliding Doors
  • Den
  • Bonus Room
  • Indoor Spa
  • Home Gym
  • Center Hall
  • River Views
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Home Security

  • Home Security System
  • Storm Windows
  • Storm Doors

Pool

  • Pool House
  • Heated In Ground Pool
  • Outdoor Pool
  • Pool Equipment Stays

Outdoor Features

  • Bulkhead
  • Boat Lift
  • Docks
  • Patio
  • Terrace
  • Exterior Lighting
  • Shed
  • Storage Shed
  • Outbuilding
  • Outdoor Grill

Additional Homes

  • Guest House

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 41-00105-0000-00001-01

Community Details

Overview

  • Active Adult
  • No Home Owners Association

Recreation

  • Boat Dock
  • Fitness Center
  • Community Pool
  • Community Spa
  • Recreational Area

Additional Features

  • Community Storage Space
  • Controlled Access

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oversized, Bulkhead, Cul-De-Sac, Dead End Street, Fenced Area, Riverfront, Riverview
  • ResoPoolFeatures: Heated, In Ground, Pool Equipment, Pool House
  • Reso Association Amenities: Extra Storage, Exercise Room, Dock, Swimming, Pool, Landscaping
  • Co List Office Mls Id: 3739
  • Co List Office Phone: 732-229-3532
  • Inclusions: Hot Tub
  • Subdivision Name: None
  • Architectural Style: Custom
  • Reso Interior Features: Bonus Room, Built-Ins, Ceilings - 9Ft+ 1st Flr, Center Hall, Dec Molding, Den, Fitness, French Doors, Home Theater Equip, Hot Tub, Housekeeper Qtrs, In-Law Suite, Security System, Sliding Door, Wet Bar, Breakfast Bar, Recessed Lighting
  • New Construction: No
  • Reso Other Structures: Guest House, Misc Building, Storage Shed
  • Year Built: 2001
  • Contract Info List PriceSqFt: 741.4
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • Exterior Swimming: Yes
  • Common Elements Exercise Room: Yes
  • Common Elements Extra Storage: Yes
  • Common Elements Pool4: Yes
  • Pool Heated3: Yes
  • Exterior Controlled Access: Yes
  • Exterior Terrace: Yes
  • Garage Direct Entry: Yes
  • General Property Info Acreage: 5.52
  • Location Middle School: Forrestdale
  • Cooling Central Air: Yes
  • Exterior Storage: Yes
  • Lot Description Fenced Area: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Lighting: Yes
  • Exterior Shed: Yes
  • Exterior Storm Window: Yes
  • Lot Description Bulkhead2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 4.0
  • Interior Dec Molding: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Foyer Two Story: Yes
  • Lot Description Dead End Street: Yes
  • Interior Den: Yes
  • Exterior Sprinkler Under: Yes
  • Living Room Fireplace - Gas7: Yes
  • Exterior Storm Door(s): Yes
  • Common Elements Landscaping: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • Pool Pool Equipment: Yes
  • Lot Description Oversized3: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • GreatFamily Room Fireplace - Woodburning5: Yes
  • Kitchen Breakfast Cntr: Yes
  • Interior In-Law Suite: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Eat-In: Yes
  • Lot Description Cul-De-Sac: Yes
  • Garage Oversized: Yes
  • Parking Oversized2: Yes
  • Exterior Dock: Yes
  • Parking Paver Block: Yes
  • Kitchen Butler Pantry: Yes
  • Exterior BBQ: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Exterior Hot Tub2: Yes
  • Common Elements Hot Tub4: Yes
  • Kitchen BayBow Window4: Yes
  • Lot Description Riverfront2: Yes
  • Water Type Riverfront: Yes
  • Interior Bonus Room: Yes
  • Exterior Security System3: Yes
  • Exterior Rec Area: Yes
  • SidingCedarShake: Yes
  • Interior Fitness: Yes
  • Foyer Dec Molding2: Yes
  • Water Type Riverview: Yes
  • Interior Hot Tub: Yes
  • Interior Housekeeper Qtrs: Yes
  • Out Buildings Guest House: Yes
  • Out Buildings Misc Building: Yes
  • Exterior Outbuilding: Yes
  • Parking Circular Driveway: Yes
  • Pool Pool House: Yes
  • Interior Home Theater Equip: Yes
  • Common Elements Dock2: Yes
  • Exterior Boat Lift: Yes
  • RoofSlate: Yes
  • Lot Description Riverview2: Yes
  • GreatFamily Room Wet Bar2: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Total Bedrooms: 7
  • Stories: 2
  • Basement:Crawl Space: Yes
  • Kitchen Pantry: Yes
  • Features Interior:Security System: Yes
  • Features Interior:Wet Bar: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath TRYVLTCATH2: Yes
  • Primary Bath Marble7: Yes
  • Primary Bedroom Fireplace - Gas2: Yes
  • Primary Bedroom Fireplace - Woodburning6: Yes

Exterior Features

  • Roof: Slate
  • Acres: 5.52
  • Waterfront Features: Riverfront, Riverview
  • Waterfront: Yes
  • Exclusions: personal property
  • Construction Type: Shake Siding
  • Exterior Features: BBQ, Boat Lift, Controlled Access, Dock, Hot Tub, Outbuilding, Patio, Rec Area, Security System, Shed, Sprinkler Under, Storage, Storm Door(s), Storm Window, Swimming, Terrace, Lighting
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Circular Driveway, Paver Block, Driveway, Direct Access, Oversized
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Radiant, Forced Air, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Senior Community: Yes
  • Association: No

Schools

  • Middle Or Junior School: Forrestdale

Lot Info

  • Lot Size Sq Ft: 240451.2
  • Parcel #: 41-00105-0000-00001-01
  • Zoning Description: Residential, Single Family

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Sep 8, 2022
Sold by
41 Oakes Llc
Bought by
Reich Daniel
Seller's Agent
Kerrin O'Brien
O'Brien Realty, LLC
Buyer's Agent
Chris Katz
RE/MAX Synergy
List Price
$10,000,000
Sold Price
$9,680,000
Premium/Discount to List
-$320,000
-3.2%
Views
23
Current Estimated Value
$8,026,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,653,562
Avg. Annual Appreciation
-5.47%

Purchase Details

Listed on
May 8, 2017
Closed on
Apr 13, 2018
Sold by
Matzel Bruce and Matzel Geraldine
Bought by
41 Oakes Llc
Seller's Agent
Caitrin Matkiwsky
Keller Williams Realty East Monmouth
Buyer's Agent
Jessica Nazzaro
Better Homes and Gardens Real Estate Murphy & Co.
Sold Price
$4,750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.61%
Original Mortgage
$3,087,500
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2000
Sold by
Oakes Road Investments Inc
Bought by
Matzel Bruce and Matzel Geraldine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
8.31%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reich Daniel $9,680,000 Stewart Title Guaranty Company
Reich Daniel $9,680,000 Stewart Title Guaranty Company
41 Oakes Llc $4,750,000 Fidelity National Title
Matzel Bruce $920,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 41 Oakes Llc $3,087,500
Previous Owner Matzel Bruce $1,700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2022 09/12/22 Sold $9,680,000 -3.2% $718 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $10,000,000 +110.5% $741 / Sq Ft
04/24/2018 04/24/18 Sold $4,750,000 -- $365 / Sq Ft View Prior Sale
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 $107,250 $10,172,500 $3,304,600 $6,867,900
2024 $108,940 $9,750,000 $3,147,400 $6,602,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22214243

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 41-00105-0000-00001-01