455 Locust Point Rd Rumson, NJ 07760
Locust NeighborhoodEstimated Value: $1,806,000 - $2,499,000
4
Beds
3
Baths
3,508
Sq Ft
$619/Sq Ft
Est. Value
About This Home
This home is located at 455 Locust Point Rd, Rumson, NJ 07760 and is currently estimated at $2,173,029, approximately $619 per square foot. 455 Locust Point Rd is a home located in Monmouth County with nearby schools including Navesink Elementary School, Bayshore Middle School, and Middletown - South High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 13, 1999
Sold by
Worthington Norman
Bought by
Formato James
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$160,275
Interest Rate
7.83%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,012,754
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Formato James | $740,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Formato James | $550,000 |
Source: Public Records
Tax History Compared to Growth
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 | $28,009 | $2,036,600 | $1,522,000 | $514,600 |
| 2024 | $26,723 | $1,702,700 | $1,197,600 | $505,100 |
| 2023 | $26,723 | $1,537,600 | $1,108,900 | $428,700 |
| 2022 | $30,162 | $1,517,100 | $1,108,900 | $408,200 |
| 2021 | $30,162 | $1,456,200 | $1,093,200 | $363,000 |
| 2020 | $30,958 | $1,448,000 | $1,093,200 | $354,800 |
| 2019 | $30,402 | $1,439,500 | $1,093,200 | $346,300 |
| 2018 | $28,368 | $1,309,100 | $978,900 | $330,200 |
| 2017 | $27,591 | $1,299,000 | $978,900 | $320,100 |
| 2016 | $29,205 | $1,370,500 | $1,028,900 | $341,600 |
| 2015 | $29,240 | $1,368,900 | $1,028,900 | $340,000 |
| 2014 | $26,268 | $1,200,000 | $1,028,900 | $171,100 |
Source: Public Records
Map
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