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Rumson 07760 Rumson - Fair Haven
78 Bingham Avenue
$635,000
● House - Off Market

78 Bingham Avenue

Rumson, NJ 07760
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,300 Ft²
$1,153,476
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

Sit on your''Rocking Chair''front porch and enjoy all the charm this home has to offer!Beautifully maintained 4 BR colonial with a unique, open floor plan, expansive kitchen that opens up to great room with cathedral ceilings, stainless steel appliances and sunlit from the four large windows and french doors leading to the back deck.In addition, offering loads of storage including a walk up attic. Large and elegant, dining room with stained glass windows, built ins throughout home and a fireplace. The back deck overlooks a beautiful private back yard with a koi pond, a garden and property which backs up to Washington Street. Located in the downtown area of Rumson, this home offers easy access to all that Rumson has to offer; close to parks, beach, shopping, restaurants and ferry to NY.
Unit Size
2,300 Ft²
Days on Market
-
Land Size
-
Price per sqft
$283
Property Type
House
Property Taxes
$710
HOA Dues
-
Year Built
1904

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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: 2 years ago (MOMLS #21520772)

Price History

Date / Event Date Event Price
Aug 6, 2015 Sold
Premium
Sold
Jun 3, 2015 Listed by Resources Real Estate $649,900
Listed by Resources Real Estate

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1904
  • Effective Year Built: 1904
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 9
  • Basement Area: 364
  • Garage Type: 4
  • Garage Square Area: 384
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,560
  • Lot Size Depth Feet: 1,760
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,704
  • Building Area: 2,704
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,704
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000242
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: SF05

Geography

  • Assessors Map Reference: TAX MAP 10
  • Account Number: 060900
  • District: 41
  • Parcel: 41 00035-0000-00009
  • Block: 35
  • Lot: 9
  • Municipality: RUMSON BORO
  • Latitude: 40.3729
  • Longitude: -74.0078

    Address

  • Full Address: 78 Bingham Ave
  • Address - House Number: 78
  • Address - Street Name: Bingham
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Rumson
  • Carrier Code: C007
  • 4-Digit Zip Code: 1518
  • Zip Code: 07760

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,445,352

    Appraisal Valuation

  • Standard Deviation: 0.1887
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 1,323,327
  • High Value: 1,573,081
  • Low Value: 1,073,573

    Market Valuation

  • Market Total Value: $1,236,400
  • Market Land Value: $797,400
  • Market Improvement Value: $439,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,236,400
  • Assessed Land Value: $797,400
  • Assessed Improvements Value: $439,000

    Sales

  • Current Sale Contract Date: Aug 04, 2015
  • Current Sale Recording Date: Aug 13, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2015074594
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:

$2,499,999

Sale Price/ft²

$787

Below Asking

0.01%

Average Days on Market

55

Average Home Size

3238 ft²

Average Home Age

32.5 years

Currently For Sale

26 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

$4,000 /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: Irene Zitzner, Resources Real Estate
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21520772
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 78 Bingham Avenue built and last sold?
The property at 78 Bingham Avenue was built in 1904 and last sold on Aug 4, 2015 for $635,000.
How much is this home worth?
The estimated value of the home located at 78 Bingham Avenue is $0.
What are some comparable homes to 78 Bingham Avenue?
There are currently no comparable homes to 78 Bingham Avenue.
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