NOT LISTED FOR SALE

71 Lafayette St Rumson, NJ 07760

Estimated Value: $1,828,000 - $2,194,000

3 Beds
1 Bath
1,282 Sq Ft
$1,571/Sq Ft Est. Value

Last Sold December 20, 2017

Last sale price $555,000 $433 Per Sq Ft

Est. 263% increase in value since last sale

Current estimated payment $12,057/month

124 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Patio
  • Deane Porter School Rated A
  • Cottage
  • 3-minute walk to Rogers Park

About This Home

As of December 2017

The opportunity has arrived... build NEW in beautiful Rumson! Welcome builders, investors, or that next family looking to build their dream home in the most desired area of Rumson. Conforming lot is .16 acre (50'x140') located in an R-5 zone, allowing a spacious 2600 sq ft home. A quiet street in a walkable, family-friendly neighborhood... two blocks from the beautiful Navesink waterfront. (browse through our aerial photos and video) Walk to top rated Rumson schools (K-12), two neighborhood parks with year-round activities including Victory Park on the Navesink River, and popular restaurants and shops. 10 minutes to Seastreak NYC fast ferry and close proximity to Sea Bright beaches, Sandy Hook, and Red Bank. Value is in the land. Fantastic investment in a location that has it all!

Last Agent to Sell the Property

Timothy Lyons

Better Homes and Gardens Real Estate Murphy & Co. License #1005837 Listed on: 07/13/2017

Last Buyer's Agent

Timothy Lyons

Better Homes and Gardens Real Estate Murphy & Co. License #1005837 Listed on: 07/13/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,400

Year Built

  • Built in 1917

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50 x 140

Home Design

  • Cottage
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Wood Flooring
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Electric Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Living Room sconces (4) and fan. Dining Room chandelier and drapery rod. Washer/Dryer.
  • Assessor Parcel Number 41-00034-0000-00035

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,400

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Cottage/Bungalow
  • Year Built: 1917
  • 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 Acreage: 0.16
  • General Property Info Lot Dimensions: 50 x 140
  • Location Middle School: Forrestdale
  • Living Room Floor - Wood2: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Style CottageBungalow: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.16
  • Waterfront: No
  • Exclusions: Living Room sconces (4) and fan. Dining Room chandelier and drapery rod. Washer/Dryer.
  • Exterior Features: Patio

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric BB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Forrestdale

Lot Info

  • Lot Dimensions: 50 x 140
  • Lot Size Sq Ft: 6969.6
  • Parcel #: 41-00034-0000-00035
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 5400.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2017
Closed on
Dec 14, 2017
Sold by
Houston Kathleen and Chandler Michael
Bought by
Hooker Andrew
Seller's Agent
Timothy Lyons
Better Homes and Gardens Real Estate Murphy & Co.
Buyer's Agent
Timothy Lyons
Better Homes and Gardens Real Estate Murphy & Co.
Sold Price
$555,000
Current Estimated Value
$2,014,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,459,347
Avg. Annual Appreciation
17.20%

Purchase Details

Closed on
Nov 6, 1998
Sold by
Bissett Kim
Bought by
Houston Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
6.67%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hooker Andrew $555,000 --
Houston Kathleen $167,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Houston Kathleen $134,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2017 12/20/17 Sold $555,000 -- $433 / 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 $19,165 $1,893,400 $816,800 $1,076,600
2024 $19,056 $1,742,300 $762,600 $979,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21727420

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 41-00034-0000-00035