NOT LISTED FOR SALE

70 W River Rd Rumson, NJ 07760

Estimated Value: $3,116,000 - $9,256,766

5.29 Acres
$1,314,639 Price per Acre
230,432 Sq Ft Lot

Last Sold May 23, 2024

Last sale price $9,000,000 $2,526 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $42,226/month

19 Days on Market

Highlights

  • River View
  • 5.29 Acre Lot
  • Riparian rights to water flowing past the property
  • Deane Porter School Rated A

About This Lot

As of May 2024

Discover the epitome of luxury waterfront living with this exceptional offering. 5.29 acres of premier riverfront land situated along the picturesque Navesink River. This expansive parcel of land offers an unparalleled opportunity for waterfront living. With breathtaking river views stretching as far as the eye can see, this property provides the perfect backdrop for crafting your dream retreat. Boasting direct water access and a private boat dock, water enthusiasts will delight in easy access to recreational activities right from their doorstep. Nestled within an exclusive neighborhood renowned for its upscale homes, privacy and sophistication are assured. Whether you envision a luxurious waterfront estate or a retreat surrounded by nature, this coveted location offers endless possibilities.

Last Agent to Sell the Property

Courtney Zanetich

Heritage House Sotheby's International Realty License #1436148 Listed on: 03/22/2024

Heritage House Sotheby's International Realty

Last Buyer's Agent

David Ten Hoeve

Keller Williams Realty East Monmouth

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $69,110

Lot Details

  • 5.29 Acre Lot
  • River Front
  • Irregular Lot

Property Views

  • River Views

Outdoor Features

  • Riparian rights to water flowing past the property
  • Bulkhead

Utilities

  • Electricity To Lot Line
  • Gas Available

Listing and Financial Details

  • Assessor Parcel Number 41-00001-0000-00017

Property Details

Property Type

Land

Est. Annual Taxes

$69,110

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Bulkhead, Irregular Lot, Riverview
  • Reso View: Waterview
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • General Property Info Acreage: 5.29
  • WaterSewer Public Water: Yes
  • Lot Description Bulkhead2: Yes
  • Lot Description Irregular Lot: Yes
  • Water Type Bulkhead: Yes
  • Water Type Riverfront: Yes
  • Gas On Site3: Yes
  • Electric On Site2: Yes
  • Water Type Riverview: Yes
  • Water Type Riparian Rights: Yes
  • Lot Description Riverview3: Yes
  • Special Features: None

Exterior Features

  • Acres: 5.29
  • Waterfront Features: River Front, Bulkhead, Riparian Rights, Riverview
  • Waterfront: Yes

Lot Info

  • Lot Size Sq Ft: 230432.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 41-00001-0000-00017
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 69110.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
May 23, 2024
Sold by
Greenleaf Holdings Llc
Bought by
High Top Chucks Llc
Seller's Agent
Courtney Zanetich
Heritage House Sotheby's International Realty
Buyer's Agent
David Ten Hoeve
Keller Williams Realty East Monmouth
List Price
$8,995,000
Sold Price
$9,000,000
Premium/Discount to List
$5,000
0.06%
Total Days on Market
19
Views
40
Current Estimated Value
$6,954,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,045,558
Avg. Annual Appreciation
-17.62%
Original Mortgage
$5,850,000
Outstanding Balance
$5,679,507
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$1,274,935

Purchase Details

Listed on
Aug 18, 2022
Closed on
Oct 19, 2022
Sold by
Mckean John B
Bought by
Greenleaf Holdings Llc
Seller's Agent
Derek DeBree
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Buyer's Agent
Courtney Zanetich
Heritage House Sotheby's International Realty
List Price
$6,200,000
Sold Price
$5,700,000
Premium/Discount to List
-$500,000
-8.06%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.28%

Purchase Details

Closed on
Mar 1, 2019
Sold by
Mckean Linda and Linda Mckean Residential Trust
Bought by
Mckean John B and Mckean Quincy A
Source: Public Records

Range of Values:

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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
High Top Chucks Llc $9,000,000 Triton Title & Abstract
High Top Chucks Llc $9,000,000 Triton Title & Abstract
Greenleaf Holdings Llc $5,700,000 --
Mckean John B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open High Top Chucks Llc $5,850,000
Closed High Top Chucks Llc $5,850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2024 05/23/24 Sold $9,000,000 +0.1% $2,526 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $8,995,000 +57.8% $2,525 / Sq Ft
10/20/2022 10/20/22 Pending -- -- --
10/19/2022 10/19/22 Sold $5,700,000 -8.1% $1,600 / Sq Ft
10/07/2022 10/07/22 For Sale $6,200,000 0.0% $1,740 / Sq Ft
09/16/2022 09/16/22 Pending -- -- --
09/06/2022 09/06/22 Price Changed $6,200,000 -4.6% $1,740 / Sq Ft
08/17/2022 08/17/22 For Sale $6,500,000 +14.0% $1,824 / Sq Ft
08/05/2022 08/05/22 Off Market $5,700,000 -- --
06/30/2022 06/30/22 For Sale $6,500,000 -- $1,824 / 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 $66,000 $6,471,100 $6,336,100 $135,000
2024 $69,110 $6,000,000 $5,900,000 $100,000
2023 $69,110 $5,911,900 $5,645,000 $266,900
2022 $68,212 $5,471,400 $4,993,000 $478,400
2021 $68,212 $4,793,500 $4,391,000 $402,500
2020 $67,577 $4,715,800 $4,341,000 $374,800
2019 $57,704 $3,928,100 $3,383,000 $545,100
2018 $57,838 $3,902,700 $3,383,000 $519,700
2017 $57,099 $3,886,900 $3,383,000 $503,900
2016 $55,517 $3,874,200 $3,383,000 $491,200
2015 $55,720 $3,852,000 $3,383,000 $469,000
2014 $55,690 $3,839,400 $3,383,000 $456,400
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Courtney Zanetich

    Heritage House Sotheby's International Realty

    (732) 233-5241

    5 in this area

    6 Total Sales

    Courtney Zanetich
    Section Image

  • D

    Buyer's Agent in 2024

    David Ten Hoeve

    Keller Williams Realty East Monmouth

  • Derek DeBree

    Seller's Agent in 2022

    Derek DeBree

    BHHS Fox & Roach

    (732) 241-8269

    9 in this area

    80 Total Sales

    Derek DeBree
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22407891

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 41-00001-0000-00017

New Jersey Monmouth County Rumson 07760

70 W River Rd, Rumson, NJ

This home is located at 70 W River Rd, Rumson, NJ 07760 since 22 March 2024 and is currently estimated at $6,954,442, approximately $1,951 per square foot. 70 W River Rd is a home located in Monmouth County with nearby schools including Deane Porter School, Forrestdale School, and Rumson Fair Haven Regional High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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