NOT LISTED FOR SALE

48 Waterman Ave Rumson, NJ 07760

Estimated Value: $1,622,871 - $1,904,000

5 Beds
2.5 Baths
2,562 Sq Ft
$678/Sq Ft Est. Value

Last Sold June 13, 2022

Last sale price $1,500,000 $585 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $10,674/month

5 Days on Market

Highlights

  • Water Views
  • New Kitchen
  • Shore Colonial Architecture
  • Deane Porter School Rated A
  • Wood Flooring
  • Attic

About This Home

As of June 2022

Charming 5 BR seashore colonial set in the idyllic neighborhood of sought after West Park. This exquisite home offers many fabulous updates, including freshly painted interior, refinished hardwood floors, and new fixtures throughout. Chefs kitchen features refaced & expanded cabinets, quartz countertops, a double oven, and a wine refrigerator. Stunning natural light bathes the interior. Master bedroom has an en suite bath & a delightful private patio. Baths are all freshly renovated. Bask in sea breezes on lovely front and side porches. Close to beautiful beaches, parks, and top rated schools. Easy access to the ferry. Spectacular property offers the best of coastal living!

Last Agent to Sell the Property

Maureen Kaltenbach

Better Homes and Gardens Real Estate Murphy & Co. License #1649943 Listed on: 04/22/2022

Better Homes and Gardens Real Estate Murphy & Co.

Last Buyer's Agent

Courtney Zanetich

Heritage House Sotheby's International Realty License #1436148

Heritage House Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,147

Year Built

  • Built in 1935

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Parking

  • 1 Car Detached Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Shore Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,562 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Wood Flooring
  • Water Views
  • Crawl Space
  • Attic

Kitchen

  • New Kitchen
  • Breakfast Area or Nook
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Schools

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

Utilities

  • Central Air
  • 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 41-00139-0000-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,147

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Outdoor Lighting, Washer, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Detached, Shore Colonial
  • Reso Interior Features: Attic, Dec Molding, Den, Recessed Lighting
  • New Construction: No
  • Year Built: 1935
  • 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: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.17
  • General Property Info Lot Dimensions: 50 x 150
  • General Property Info Farm: No
  • Location Middle School: Forrestdale
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: 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
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 2.0
  • Interior Attic: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Interior Den: Yes
  • Included Light Fixtures: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Kitchen BnookDining Area: Yes
  • Style Shore Colonial: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • GreatFamily Room Dec Molding6: Yes
  • Dining Room Built-Ins3: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 2
  • Total Bedrooms: 11
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Topography: Level
  • Waterfront: No
  • Exclusions: Personal Property
  • Exterior Features: Porch - Covered, Lighting
  • Features Exterior:Porch Covered: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Off Street, On Street
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Radiant
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Forrestdale

Lot Info

  • Lot Dimensions: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 41-00139-0000-00008
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 14147.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2022
Closed on
Jun 10, 2022
Sold by
Waterman Partners Llc
Bought by
Mccluskey Michael
Seller's Agent
Maureen Kaltenbach
Better Homes and Gardens Real Estate Murphy & Co.
Buyer's Agent
Courtney Zanetich
Heritage House Sotheby's International Realty
List Price
$1,399,000
Sold Price
$1,500,000
Premium/Discount to List
$101,000
7.22%
Current Estimated Value
$1,736,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,218
Avg. Annual Appreciation
4.66%

Purchase Details

Listed on
Mar 26, 2021
Closed on
Apr 30, 2021
Sold by
Devlin Brendan and Devlin Melissa
Bought by
Waterman Partners Llc
Seller's Agent
Mario Venancio
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Buyer's Agent
Maureen Kaltenbach
Better Homes and Gardens Real Estate Murphy & Co.
List Price
$1,199,000
Sold Price
$1,300,000
Premium/Discount to List
$101,000
8.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.63%

Purchase Details

Closed on
Jun 15, 2018
Sold by
Maguire Michael F and Maguire Katherine
Bought by
Devlin Brendan and Devlin Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 18, 2012
Closed on
Jun 15, 2012
Sold by
Scannell Anthony and Barber Rebecca
Bought by
Maguire Michael F and Maguire Katherine
Seller's Agent
Linda Gillespie
Resources Real Estate
Buyer's Agent
Linda Gillespie
Gloria Nilson & Co. Real Estate
Sold Price
$799,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%
Original Mortgage
$560,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2007
Sold by
Gorman Patrick S and Gorman Heather Lee
Bought by
Scannell Anthony and Barber Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 1996
Sold by
Borneman Steven
Bought by
Gorman Patrick and Gorman Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
8.08%
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
Mccluskey Michael $1,500,000 Pattwell Jane R
Waterman Partners Llc $1,300,000 Trident Abstract Ttl Agcy Ll
Devlin Brendan $979,999 All Ahead Title
Maguire Michael F $799,000 Old Republic National Title
Scannell Anthony $850,000 Stewart Title Guaranty Co
Gorman Patrick $250,290 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccluskey Michael $850,000
Previous Owner Devlin Brendan $497,000
Previous Owner Devlin Brendan $500,000
Previous Owner Maguire Michael F $126,000
Previous Owner Scooter 2 Llc $50,000
Previous Owner Maguire Michael F $560,000
Previous Owner Scannell Anthony $350,000
Previous Owner Gorman Patrick S $182,300
Previous Owner Gorman Patrick $238,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2022 06/13/22 Sold $1,500,000 +7.2% $585 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $1,399,000 +7.6% $546 / Sq Ft
04/30/2021 04/30/21 Sold $1,300,000 +8.4% $507 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $1,199,000 +50.1% $468 / Sq Ft
06/18/2012 06/18/12 Sold $799,000 -- $312 / 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 $14,788 $1,311,500 $760,000 $551,500
2023 $14,788 $1,265,000 $765,000 $500,000
2022 $14,147 $1,129,700 $660,000 $469,700
2021 $14,147 $994,200 $570,000 $424,200
2020 $13,027 $909,100 $500,000 $409,100
2019 $14,186 $965,700 $390,500 $575,200
2018 $12,234 $825,500 $390,500 $435,000
2017 $11,931 $812,200 $390,500 $421,700
2016 $11,487 $801,600 $390,500 $411,100
2015 $11,377 $783,000 $390,500 $392,500
2014 $11,174 $766,900 $385,000 $381,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22211181

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 41-00139-0000-00008