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Rumson 07760 Rumson - Fair Haven
38 Washington Street
$1,300,000
● House - Off Market

38 Washington Street

Rumson, NJ 07760
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,820 Ft²
$7,838
Est. Monthly
2.38%
Cap Rate

About This Property

Welcome to this charming 3-bedroom colonial in Rumson, New Jersey! This inviting home features 2.5 baths and a cozy living room perfect for relaxing evenings. The well-appointed, updated kitchen seamlessly connects to a spacious dining area, ideal for entertaining. Enjoy the benefits of a partially finished basement, providing additional space for storage or recreation. The detached 1-car garage adds convenience, while the walk-up attic offers fantastic potential for an office, storage, or a cozy rec room. Step outside to a beautiful level backyard, perfect for outdoor activities and gatherings. Located in a sought-after neighborhood, this home is close to parks, schools, and local amenities. Live your best life in Rumson!
Unit Size
1,820 Ft²
Days on Market
146 days
Land Size
0.16 acres
Price per sqft
$758
Property Type
House
Property Taxes
$1,066
HOA Dues
-
Year Built
1942

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 2 years ago (MOMLS #22428559)

Price History

Date / Event Date Event Price
Feb 24, 2025 Sold
Premium
Sold
Nov 15, 2024 In contract -
In contract
Oct 1, 2024 Listed by Heritage House Sotheby's International Realty $1,379,000
Listed by Heritage House Sotheby's International Realty
May 15, 2015 Sold
Premium
Sold
Nov 30, 2014 Listed by Joseph G Mc Cue Inc $694,900
Listed by Joseph G Mc Cue Inc
Beautiful 3 bedroom 2 1/2 bath colonial home with great curb appeal. High ceilings, hardwood floors and custom built-ins. Large dining room and nice family room with fireplace. Sliders from kitchen open onto a serene fenced in yard with beautiful deck. Full basement and one car garage. Walk to town, parks and schools. Great location.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 910
  • Garage Type: 4
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,800
  • Lot Size Depth Feet: 1,360
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,820
  • Building Area: 1,820
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,820
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000156
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: 5526

Geography

  • Assessors Map Reference: TAX MAP 10
  • Account Number: 044400
  • District: 41
  • Parcel: 41 00029-0000-00010
  • Block: 29
  • Lot: 10
  • Municipality: RUMSON BORO
  • Latitude: 40.375
  • Longitude: -74.0102

    Address

  • Full Address: 38 Washington St
  • Address - House Number: 38
  • Address - Street Name: Washington
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Rumson
  • Carrier Code: C014
  • 4-Digit Zip Code: 1431
  • Zip Code: 07760

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,279,354

    Appraisal Valuation

  • Standard Deviation: 0.1887
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 1,335,961
  • High Value: 1,588,099
  • Low Value: 1,083,822

    Market Valuation

  • Market Total Value: $1,094,400
  • Market Land Value: $727,300
  • Market Improvement Value: $367,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,094,400
  • Assessed Land Value: $727,300
  • Assessed Improvements Value: $367,100

    Sales

  • Current Sale Contract Date: May 14, 2015
  • Current Sale Recording Date: May 27, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2015046554
  • Previous Sale Recording Date: Jan 06, 2000
  • Previous Sale Contract Date: Nov 30, 1999
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: 27
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 150 Navesink Avenue, Highlands, NJ, 07732

$4,100 /mo

  • 2 Beds
  • 3 Baths
  • 1,154 ft²
150 Navesink Avenue, Highlands, NJ, 07732 Listing by Gina Farkouh
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: Bernadette G Barnett, Heritage House Sotheby's International Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22428559
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 38 Washington Street built and last sold?
The property at 38 Washington Street was built in 1942 and last sold on May 14, 2015 for $669,000.
How much is this home worth?
The estimated value of the home located at 38 Washington Street is $0.
What are some comparable homes to 38 Washington Street?
There are currently no comparable homes to 38 Washington Street.
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