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25 Ward Avenue

25 Ward Avenue, Rumson, NJ 07760
Sold Jan 09, 2017
$3,200,000
$2,240,000 by Homebridge Financial Services
Mortgage Due Jan 01, 2047
Sold Sep 12, 1996
$2,150,000
$980,000 by Stuart Subotnick
Mortgage
25 Ward Avenue has been categorized by the local assessors in Rumson, NJ as a residential type of property. The building on the property was first built in 1904 and is 120 years old. The home has a total of 17 rooms. 10 of these rooms are legally considered as bedrooms. Residents will have access to 5 full bathrooms. There are 7 partial bathrooms in the home. The building has a total of 3 stories. In addition, 25 Ward Avenue has 9,377 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 2,652 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 115,870 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a mixed used garage for those who require parking. The garage measured 1,470 sqft. According to our sources, there are a total of 6 available parking spaces. Residents will have the luxury of enjoying both a unknown and a patio. Love to swim? You'll be excited to find out that there is a both a pool and a spa on the property. Moving on to the building itself. The condition of the building has been evaluated as fair. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of wood shake/ shingles. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Dec 19, 2016 for $3,200,000. That's $341.26 per sqft. Prior to that sales transaction, the property was also sold in Sep 5, 1996 for $2,150,000. 25 Ward Avenue was last assessed in 2023. The total value of the property was assessed at $4,755,200. Specifically, the land the property is located on was valued at $3,975,600. While improvements on the property were assessed at a total of $779,600. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $55,588. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1904
  • Effective Year Built: 1904
  • Building Count: 1
  • Total Rooms: 17
  • Bedroom Count: 10
  • Bathroom Count: 7
  • Full Bathrooms: 5
  • Partial Bathrooms: 7
  • Building Condition: Fair
  • Construction Type: Frame
  • Building Style: Colonial
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 2,652
  • Garage Type: Mixed use
  • Garage Square Area: 1,470
  • Parking Space Count: 6
  • Patio Type: Patio
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 115,870
  • Total Building Area: 9,377
  • Building Area: 9,377
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 9,377
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 2.66
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GANGEMI EDWIN
  • Current Owner 2: GANGEMI LAURA
  • Previous Owner : HOVNANIAN ARA K
  • Owner Before Previous Owner: SUBOTNICK STUART
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Rumson Borough School District
  • Census Tract: 803900

Zoning

  • Zoning: 176

Geography

  • Assessors Map Reference: TAX MAP 18
  • Account Number: 143600
  • District: 41
  • Parcel: 41 00080-0000-00009- 01
  • Block: 80
  • Lot: 9.01
  • Municipality: RUMSON BORO
  • Latitude: 40.3682
  • Longitude: -73.9783

    Address

  • Full Address: 25 Ward Ave
  • Address - House Number: 25
  • Address - Street Name: Ward
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Rumson
  • Carrier Code: C011
  • 4-Digit Zip Code: 1913
  • Zip Code: 07760

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $55,588

    Appraisal Valuation

  • Standard Deviation: 0.1719
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 5,039,846
  • High Value: 5,906,258
  • Low Value: 4,173,434

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,240,000
  • First Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Jan 09, 2017
  • First Open Lien Mortgage Loan Amount: $2,240,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2047

    Market Valuation

  • Market Total Value: $4,755,200
  • Market Land Value: $3,975,600
  • Market Improvement Value: $779,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,755,200
  • Assessed Land Value: $3,975,600
  • Assessed Improvements Value: $779,600

    Sales

  • Current Sale Contract Date: Dec 19, 2016
  • Current Sale Recording Date: Jan 09, 2017
  • Current Sale Transaction ID: 1931311488
  • Current Sale Price: $3,200,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017002610
  • Previous Sale Recording Date: Sep 12, 1996
  • Previous Sale Contract Date: Sep 05, 1996
  • Previous Sale Amount: $2,150,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: Jan 09, 2017
  • First Mortgage Loan Amount: $2,240,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: STUART SUBOTNICK
  • Previous Mortgage Transaction Date: Sep 12, 1996
  • Previous Mortgage Loan Amount: $980,000

About Rumson - Fair Haven



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Frequently Asked Questions

What neighborhood is 25 Ward Avenue located in?
The 25 Ward Avenue is a located in the neighborhood of Rumson - Fair Haven in Rumson - Fair Haven, Rumson.
What is the average sales price for listings in 25 Ward Avenue?
The average sales price for units in 25 Ward Avenue is $0 currently.

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