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Rumson 07760 Rumson - Fair Haven
140 Rumson Road
$1,575,000
● House - Off Market

140 Rumson Road

Rumson, NJ 07760
bedrooms
7 Beds
bathrooms
8 Baths, 2 Half Baths
square feet
8,265 Ft²
$1,746,669
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

THE TERRACES LOCATED ON 3.5 PRIVATE ROLLING ACRES IN DESIRABLE RUMSON.  8265 SQ FT. WITH A EUROPEAN FLAVOR.  BRING THIS HOME BACK TO ITS ORIGINAL GLORY. SEVEN BEDROOMS, FIVE FULL, 2 HALF BATHS AND SEVEN FIREPLACES. 14 ROOMS IN THE MAIN HOUSE. DETACHED 3 CAR GARAGE.

IN-GROUND POOL WITH SEPARATE POOL HOUSE. POOL HOUSE HAS TWO LARGE ROOMS, LOFT AND FULL BATH. PRICED BELOW ASSESSED VALUE.
Unit Size
8,265 Ft²
Days on Market
-
Land Size
3.50 acres
Price per sqft
$205
Property Type
House
Property Taxes
$2,943
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MOMLS #21928282)

Price History

Date / Event Date Event Price
Mar 29, 2023 Sold
Premium
Sold
Jul 8, 2019 Listed by Better Homes and Gardens Real Estate Murphy & Co. $1,695,000
Listed by Better Homes and Gardens Real Estate Murphy & Co.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 5
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 960
  • Garage Type: 4
  • Garage Square Area: 1,867
  • Parking Space Count: 7
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 2

    Dimensions

  • Lot Size Square Feet: 150,282
  • Total Building Area: 8,265
  • Building Area: 8,265
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 8,265
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003450
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Rumson Borough School District
  • Census Tract: 803800

Zoning

  • Zoning: SF80

Geography

  • Assessors Map Reference: TAX MAP 23
  • Account Number: 159500
  • District: 41
  • Parcel: 41 00088-0000-00018
  • Block: 88
  • Lot: 18
  • Municipality: RUMSON BORO
  • Latitude: 40.3564
  • Longitude: -74.0135

    Address

  • Full Address: 140 Rumson Rd
  • Address - House Number: 140
  • Address - Street Name: Rumson
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Rumson
  • Carrier Code: C013
  • 4-Digit Zip Code: 1069
  • Zip Code: 07760

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,840,670

    Appraisal Valuation

  • Standard Deviation: 0.1672
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 2,055,157
  • High Value: 2,398,897
  • Low Value: 1,711,418

    Market Valuation

  • Market Total Value: $2,430,000
  • Market Land Value: $1,792,700
  • Market Improvement Value: $637,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,430,000
  • Assessed Land Value: $1,792,700
  • Assessed Improvements Value: $637,300

    Sales

  • Current Sale Contract Date: Apr 03, 2023
  • Current Sale Recording Date: Apr 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 22989
  • Previous Sale Recording Date: Jan 08, 2019
  • Previous Sale Contract Date: Mar 30, 2016
  • Previous Sale Amount: $1,000
  • Previous Sale Document Type: 64
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Rumson - Fair Haven

Stats & Trends

Median Asking:

$2,580,000

Sale Price/ft²

$790

Below Asking

0.01%

Average Days on Market

61

Average Home Size

3223 ft²

Average Home Age

27.7 years

Currently For Sale

19 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 29 Lafayette Street, Rumson, NJ, 07760

$12,900 /mo

  • 5 Beds
  • 4 Baths
29 Lafayette Street, Rumson, NJ, 07760 Listing by Megan Schell Schnurr

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Sandra L Ferko, Better Homes and Gardens Real Estate Murphy & Co.
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21928282
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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 140 Rumson Road built and last sold?
The property at 140 Rumson Road was built in 1955 and last sold on Apr 3, 2023 for $1,575,000.
How much is this home worth?
The estimated value of the home located at 140 Rumson Road is $6,054,950.
What are some comparable homes to 140 Rumson Road?
There are currently no comparable homes to 140 Rumson Road.
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