NOT LISTED FOR SALE

71 Forrest Ave Rumson, NJ 07760

Estimated Value: $731,000 - $960,000

3 Beds
1 Bath
882 Sq Ft
$1,013/Sq Ft Est. Value

Last Sold June 15, 2023

Last sale price $765,000 $867 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,367/month

13 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • No HOA
  • Deane Porter School Rated A
  • Corner Lot
  • Porch

About This Home

As of June 2023

Opportunity awaits! Charming cottage by the seashore! Perfect for the first time buyer looking to move into town, a summer getaway, or expand to make it your own! Large corner lot offers tons of options! This sweet home features a nice size master bedroom, wood floors throughout most of the house, a living room plus family room, efficient kitchen, great storage in the heated basement, and privacy in the back yard.
Great location within blocks of school, shopping and a quick ride to the beach!
Property runs to West St. Attached is survey and town requirements, buyer to do due diligence if looking to completely rebuild .
Although well maintained, selling ''as is'', and subject to sellers relocation.

Last Agent to Sell the Property

Rosanne Egidio

Heritage House Sotheby's International Realty License #8532069 Listed on: 05/05/2023

Heritage House Sotheby's International Realty

Last Buyer's Agent

Michelle Aronowitz

O'Brien Realty, LLC License #1969687

O'Brien Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,063

Lot Details

  • Lot Dimensions are 62 x 110
  • Corner Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Light Fixtures
  • Window Treatments
  • Partial Basement
  • Attic

Kitchen

  • Gas Cooktop
  • Stove
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Patio
  • Storage Shed
  • Porch

Schools

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

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Zoned Heating
  • Baseboard Heating
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: AC in basement personal possessions
  • Assessor Parcel Number 41-46-12

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,063

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • Inclusions: AC Units, Washer, Window Treatments, Dishwasher, Dryer, Light Fixtures, Stove, Refrigerator, Freezer, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Flooring: See Remarks
  • Reso Interior Features: Attic
  • Reso Other Structures: Storage Shed
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 62 x 110
  • Location Middle School: Forrestdale
  • Lot Description Corner Lot: Yes
  • Living Room Floor - Wood2: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Interior Attic: Yes
  • Exterior Porch - Open: Yes
  • Included Light Fixtures: Yes
  • Number Appliances Included A C Units: Yes
  • Included Window Treatments: Yes
  • Style Ranch: Yes
  • Kitchen Floor - Wood4: Yes
  • GreatFamily Room Floor - WW Carpet4: Yes
  • Cooling Multi Units: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Freezer: Yes
  • Basement:Partial: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: AC in basement personal possessions
  • Exterior Features: Patio, Porch - Open

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Baseboard, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Forrestdale

Lot Info

  • Lot Dimensions: 62 x 110
  • Parcel #: 41-46-12
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8063.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2025
Sold by
Barbeito Madeline
Bought by
Madeline Barbeito Revocable Trust and Barbeito
Current Estimated Value
$893,798

Purchase Details

Listed on
May 5, 2023
Closed on
Jun 12, 2023
Sold by
Adams Kimberly A
Bought by
Barbeito Madeline
Seller's Agent
Rosanne Egidio
Heritage House Sotheby's International Realty
Buyer's Agent
Michelle Aronowitz
O'Brien Realty, LLC
List Price
$799,900
Sold Price
$765,000
Premium/Discount to List
-$34,900
-4.36%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%

Purchase Details

Closed on
May 27, 2014
Sold by
Sykes Properties Llc
Bought by
Adams Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,800
Interest Rate
7.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 16, 2007
Sold by
Mcguire Grace
Bought by
Sykes Properties Llc

Purchase Details

Closed on
Mar 11, 1997
Sold by
Casazza Louis
Bought by
Blumel David and Blumel Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.68%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Madeline Barbeito Revocable Trust -- None Listed On Document
Madeline Barbeito Revocable Trust -- None Listed On Document
Barbeito Madeline $765,000 Old Republic National Title In
Adams Kimberly A $404,000 Agent For Chicago Title Ins
Sykes Properties Llc $460,000 None Available
Blumel David $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adams Kimberly A $282,800
Previous Owner Blumel David $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2023 06/15/23 Sold $765,000 -4.4% $867 / Sq Ft
05/18/2023 05/18/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $799,900 -- $907 / 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 $8,204 $806,600 $766,100 $40,500
2024 $8,231 $745,800 $709,000 $36,800
2023 $8,231 $704,100 $680,500 $23,600
2022 $7,700 $626,500 $604,300 $22,200
2021 $7,700 $541,100 $523,400 $17,700
2020 $7,439 $519,100 $500,900 $18,200
2019 $6,603 $449,500 $337,400 $112,100
2018 $6,619 $446,600 $337,400 $109,200
2017 $5,982 $407,200 $299,700 $107,500
2016 $5,814 $405,700 $299,700 $106,000
2015 $5,986 $412,000 $299,700 $112,300
2014 $5,149 $353,400 $293,300 $60,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22312017

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 41-00046-0000-00012