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Rumson 07760 Rumson - Fair Haven
143 Ridge Road
$1,656,500
● House - Off Market

143 Ridge Road

Rumson, NJ 07760
bedrooms
5 Beds
bathrooms
7 Baths, 1 Half Bath
$2,812,563
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model

About This Property

Amazing Value!!  A timeless classic home where no detail was overlooked.  Uniquely designed with clean elegant lines and superb use of space. The home is wonderful for entertaining with gracious room sizes and a seamless combination of  indoor and outdoor space. Perfectly situated on the 1.5 acre lot, this home offers the ultimate privacy. The charming town of Rumson offers excellent schools, beautiful parks and endless opportunities to take advantage of the great outdoors. If a commute is part of your day, there is easy access to the high speed ferry,  train and major highways.
Unit Size
-
Days on Market
-
Land Size
1.50 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1967

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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 #21703978)

Price History

Date / Event Date Event Price
Apr 24, 2017 Sold
Premium
Sold
Feb 1, 2017 Listed by Heritage House Sotheby's International Realty $1,725,000
Listed by Heritage House Sotheby's International Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 652
  • Garage Type: 1
  • Garage Square Area: 1,288
  • Parking Space Count: 5
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 65,340
  • Total Building Area: 7,769
  • Building Area: 7,769
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 7,769
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001500
  • 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 21
  • Account Number: 151000
  • District: 41
  • Parcel: 41 00085-0000-00003
  • Block: 85
  • Lot: 3
  • Municipality: RUMSON BORO
  • Latitude: 40.3561
  • Longitude: -74.0245

    Address

  • Full Address: 143 Ridge Rd
  • Address - House Number: 143
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Rumson
  • Carrier Code: C005
  • 4-Digit Zip Code: 1058
  • Zip Code: 07760

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,422,869

    Appraisal Valuation

  • Standard Deviation: 0.1682
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 2,486,706
  • High Value: 2,905,158
  • Low Value: 2,068,254

    Market Valuation

  • Market Total Value: $2,072,600
  • Market Land Value: $1,320,500
  • Market Improvement Value: $752,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,072,600
  • Assessed Land Value: $1,320,500
  • Assessed Improvements Value: $752,100
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:

$2,550,000

Sale Price/ft²

$790

Below Asking

0.01%

Average Days on Market

61

Average Home Size

3393 ft²

Average Home Age

24.2 years

Currently For Sale

15 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 34 Ridge Avenue, Rumson, NJ, 07760

$3,700 /mo

  • 2 Beds
  • 1 Bath
34 Ridge Avenue #R, Rumson, NJ, 07760 Listing by Anna M Ingrassia

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Christine Moore, Heritage House Sotheby's International Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21703978
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 143 Ridge Road built and last sold?
The property at 143 Ridge Road was built in 1967 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 143 Ridge Road is $0.
What are some comparable homes to 143 Ridge Road?
There are currently no comparable homes to 143 Ridge Road.
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