NOT LISTED FOR SALE

8 Willowbrook Rd Rumson, NJ 07760

Estimated Value: $3,379,000 - $4,453,000

1.87 Acres
$2,071,030 Price per Acre
81,457 Sq Ft Lot

Last Sold April 05, 2022

Last sale price $1,450,000 $283 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $23,380/month

164 Days on Market

Highlights

  • 1.87 Acre Lot
  • Deane Porter School Rated A
  • Garage

About This Lot

As of April 2022

Magnificent 1.87 acre property with plenty of room to build the home of your dreams on a quiet street off of Rumson Road. The existing 5 bedroom, 1.5 bath carriage house/barn is very raw but loaded with architectural character and charm. It needs a full and complete renovation but then promises to be amazing. Millions of possibilities await you at this unique property!

Last Agent to Sell the Property

Patrick Butera

Berkshire Hathaway HomeServices Fox & Roach - Sea Girt Listed on: 07/16/2021

Last Buyer's Agent

Lili Ann Carpetto

Keller Williams Realty Westfield License #0999219

Keller Williams Realty Westfield

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,704

Lot Details

  • 1.87 Acre Lot
  • Street terminates at a dead end
  • Sloped Lot

Parking

  • Garage

Schools

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

Utilities

  • Electricity To Lot Line
  • Gas Available

Listing and Financial Details

  • Assessor Parcel Number 41-00093-0000-00016-02

Property Details

Property Type

Land

Est. Annual Taxes

$22,704

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Dead End Street
  • Subdivision Name: None
  • General Property Info Waterview: No
  • General Property Info Acreage: 1.87
  • Location Middle School: Forrestdale
  • WaterSewer Public Sewer On-Site: Yes
  • WaterSewer Public Water on Site: Yes
  • Lot Description Dead End Street: Yes
  • Gas On Site3: Yes
  • Electric On Site2: Yes
  • Lot Description Sloped: Yes
  • Out Buildings Garage5: Yes
  • Special Features: None

Exterior Features

  • Acres: 1.87
  • Topography: Sloped
  • Waterfront: No

Schools

  • Middle Or Junior School: Forrestdale

Lot Info

  • Lot Size Sq Ft: 81457.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 41-00093-0000-00016-02
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 22704.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Mar 31, 2022
Sold by
Kestenman and Mindy
Bought by
Lonuzzi Matthew and Connelly Marguerite
Seller's Agent
Patrick Butera
Berkshire Hathaway HomeServices Fox & Roach - Sea Girt
Buyer's Agent
Lili Ann Carpetto
Keller Williams Realty Westfield
List Price
$1,850,000
Sold Price
$1,450,000
Premium/Discount to List
-$400,000
-21.62%
Current Estimated Value
$3,872,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,422,827
Avg. Annual Appreciation
30.79%
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
Lonuzzi Matthew $1,450,000 Trident Abstract Title
Lonuzzi Matthew $1,450,000 Trident Abstract Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2022 04/05/22 Sold $1,450,000 -21.6% $283 / Sq Ft
03/22/2022 03/22/22 For Sale $1,850,000 0.0% $361 / Sq Ft
12/28/2021 12/28/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $1,850,000 -- $361 / 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 $36,825 $3,739,300 $1,725,600 $2,013,700
2024 $20,207 $3,347,700 $1,643,300 $1,704,400
2023 $20,207 $1,728,600 $1,528,300 $200,300
2022 $21,450 $1,499,600 $1,311,400 $188,200
2021 $21,450 $1,507,400 $1,177,600 $329,800
2020 $22,704 $1,584,400 $1,259,000 $325,400
2019 $17,944 $1,221,500 $851,600 $369,900
2018 $17,848 $1,204,300 $851,600 $352,700
2017 $17,534 $1,193,600 $851,600 $342,000
2016 $18,552 $1,294,600 $961,200 $333,400
2015 $18,591 $1,279,500 $961,200 $318,300
2014 $18,517 $1,270,900 $961,200 $309,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22123340

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 41-00093-0000-00016-02