$2,825,000
SOLD MAY 1, 2025

546 Locust Point Rd Rumson, NJ 07760

Locust Neighborhood
5 Beds
5.5 Baths
5,570 Sq Ft
1.78 Acres

Recently Sold

$507 Per Sq Ft

6% Below List Price

236 Days on Market

Highlights

  • New Construction
  • Custom Home
  • Wood Flooring
  • Navesink Elementary School Rated A
  • 1.78 Acre Lot
  • Steam Shower

About This Home

As of May 2025

Enjoy an elegant Farmhouse estate in a luxurious and peaceful locust section only minutes to the beach, This 5 bedroom, 5.5 bathroom home offers refuge, simplicity, and rustic charm that embraces modern comforts, creating a cozy and stylish look and feel. Your drive home will be along the Navesink River, home to some of the most beautiful and famous mansions in Monmouth County. This area is also home to celebrities who enjoy the privacy and seclusion the area is known for. The location is convenient to Downtown Red Bank, known for its shopping and dining options. Near fantastic private and public schools, a short drive to the New Jersey shore, and a short commute by train, ferry, bus, or drive to New York City. This estate is welcoming with a large wrap-around open front porch. The interior embraces a grand entryway, an open floor plan, natural light, stylish fixtures, neutral decor, notable ceiling styles (including vaulted and beamed), two fireplaces (living room and family room), and a wine room encased in frameless glass and separating the Sitting room to the dining room. Ceramic tile with radiant heated floors are used throughout the first floor. More than merely tranquil, the well-appointed main-floor primary bedroom includes two walk-in closets, a linen closet, and a private bath with a walk-in steam shower. The remaining bedrooms and the upper grand room are ensuites, offering the convenience of main-floor accessibility, and are unique and ready to reflect your good taste in decor. The home includes a basement of over 2500 square feet, and attached is a grand four-car garage with workshop space designed for car enthusiasts and suitable for car lifts. This home offers a unique lifestyle with surrounding natural splendors parks and recreation.

Last Agent to Sell the Property

Louis Critelli

Critelli Realtors License #9232682 Listed on: 03/22/2024

Critelli Realtors

Co-Listed By

Amber Marchese

Critelli Realtors License #1758498

Last Buyer's Agent

Kevin Gore

Weichert Realtors-Rumson License #0675293

Weichert Realtors-Rumson

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,736

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 1.78 Acre Lot

Parking

  • 4 Car Garage

Home Design

  • Custom Home
  • Shingle Roof
  • Asphalt Rolled Roof

Interior Spaces

  • 5,570 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Recessed Lighting
  • Gas Fireplace
  • Thermal Windows
  • Living Room
  • Basement Fills Entire Space Under The House
  • Storm Doors
  • Laundry Tub

Kitchen

  • Breakfast Area or Nook
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Steam Shower
  • Primary Bathroom includes a Walk-In Shower

Outdoor Features

  • Exterior Lighting
  • Porch

Schools

  • Navesink Elementary School
  • Bayshore Middle School
  • Middle South High School

Utilities

  • Multiple cooling system units
  • Central Air
  • Radiant Heating System
  • Natural Gas Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 32-00840-0000-00023

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,736

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Laundry Tub
  • Co List Office Mls Id: 1935
  • Co List Office Phone: 732-332-9100
  • Subdivision Name: None
  • Architectural Style: Custom
  • Reso Flooring: Ceramic Tile, Wood
  • Reso Interior Features: Dec Molding, Recessed Lighting
  • New Construction: Yes
  • Year Built: 2024
  • Contract Info New Construction: Yes
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Kitchen Center Island: Yes
  • General Property Info Acreage: 1.78
  • General Property Info Farm: No
  • Location Middle School: Bayshore
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Foyer Two Story: Yes
  • Living Room Two Story2: Yes
  • Exterior Porch - Open: Yes
  • Exterior Thermal Window: Yes
  • Living Room Fireplace - Gas7: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Exterior Storm Door(s): Yes
  • Roof Timberline: Yes
  • Kitchen Ceramic Tile3: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Dec Molding5: Yes
  • Interior Laundry Tub: Yes
  • Foyer Floor - Ceramic: Yes
  • Cooling Multi Units: Yes
  • Living Room Floor - Ceramic2: Yes
  • Foyer Dec Molding2: Yes
  • Special Features: 4098

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Fireplaces: 1
  • Main Level Bathrooms: 4
  • Stories: 2
  • Full Basement: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath Steam Shower: Yes

Exterior Features

  • Roof: Timberline, Shingle
  • Acres: 1.78
  • Waterfront: No
  • Exterior Features: Thermal Window, Lighting
  • Patio And Porch Features: Porch - Open

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 4.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: Multi Units, Central Air
  • Cooling Y N: Yes
  • Heating: Radiant
  • HeatingYN: Yes
  • Water/Sewer/Septic: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Association: No

Schools

  • Middle Or Junior School: Bayshore

Lot Info

  • Lot Size Sq Ft: 77536.8
  • Parcel #: 32-00840-0000-00023

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 14736.0

MLS Schools

  • Elementary School: Navesink Elementary
  • High School: Middle South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
Apr 29, 2025
Sold by
Marttine Management Jd Llc
Bought by
Baiocco John and Baiocco Ann
Seller's Agent
Louis Critelli
Critelli Realtors
Buyer's Agent
Kevin Gore
Weichert Realtors-Rumson
List Price
$2,999,900
Sold Price
$2,825,000
Premium/Discount to List
-$174,900
-5.83%
Views
340
Current Estimated Value
$2,793,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,704
Avg. Annual Appreciation
-3.09%
Original Mortgage
$2,260,000
Outstanding Balance
$2,251,568
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$541,728

Purchase Details

Listed on
Mar 22, 2024
Closed on
Apr 2, 2025
Sold by
Sheriff Of The County Of Monmouth
Bought by
Marttine Management Jd Llc
Seller's Agent
Louis Critelli
Critelli Realtors
Buyer's Agent
Kevin Gore
Weichert Realtors-Rumson
List Price
$2,999,900
Sold Price
$2,825,000
Premium/Discount to List
-$174,900
-5.83%
Views
340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,260,000
Outstanding Balance
$2,251,568
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$541,728

Purchase Details

Listed on
Oct 11, 2018
Closed on
Jun 7, 2019
Sold by
Hetem Scott J
Bought by
Alexa Holdings Llc
Seller's Agent
Deborah Theofilos
Brokers 3 Realtors
Buyer's Agent
Monica Reddin
Heritage House Sotheby's International Realty
Sold Price
$675,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.51%
Original Mortgage
$910,000
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 11, 2018
Closed on
May 23, 2019
Sold by
Hetem Scott J and The Estate Of Anna Mae Hetem
Bought by
Hetem Scott J
Seller's Agent
Deborah Theofilos
Brokers 3 Realtors
Buyer's Agent
Monica Reddin
Heritage House Sotheby's International Realty
Sold Price
$675,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
3.82%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $2,825,000 Heritage Abstract
Deed $2,825,000 Heritage Abstract
Sheriffs Deed $1,000 Heritage Abstract
Sheriffs Deed $1,000 Heritage Abstract
Deed $675,000 First Bergen Title Agcy Llc
Interfamily Deed Transfer -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,260,000 New Conventional
Closed $2,260,000 New Conventional
Previous Owner $415,000 New Conventional
Previous Owner $693,887 New Conventional
Previous Owner $850,000 Construction
Previous Owner $550,000 Stand Alone First
Previous Owner $910,000 Commercial
Previous Owner $750,000 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Sold $2,825,000 -5.7% $507 / Sq Ft
11/13/2024 11/13/24 Pending -- -- --
06/28/2024 06/28/24 Price Changed $2,995,900 -0.1% $538 / Sq Ft
03/22/2024 03/22/24 For Sale $2,999,900 +344.4% $539 / Sq Ft
06/11/2019 06/11/19 Sold $675,000 -- $340 / 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
2025 $13,548 $2,353,500 $814,000 $1,539,500
2024 $14,106 $823,600 $604,000 $219,600
2023 $14,106 $811,600 $588,100 $223,500
2022 $13,891 $715,400 $499,000 $216,400
2021 $13,891 $671,500 $479,000 $192,500
2020 $14,263 $667,100 $479,000 $188,100
2019 $12,288 $581,800 $469,000 $112,800
2018 $12,495 $576,600 $469,000 $107,600
2017 $12,817 $585,500 $469,000 $116,500
2016 $12,415 $582,600 $469,000 $113,600
2015 $12,873 $583,300 $469,000 $114,300
2014 $13,148 $581,000 $469,000 $112,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22407973

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 32-00840-0000-00023