See Home Value
$2,982,450*
House - Off Market

8 Somerset Drive

Rumson, NJ 07760
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
$2,385,000 - $2,915,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Jun 29, 2021
$2,855,000
$1,500,000 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2051
Sold Jun 29, 2012
$1,925,000
$1,443,750 by Rumson Fair Haven Bank & Trust
Mortgage Due Jul 01, 2042

About This Property

Situated on 1.5 acres in one of the most sought after locations, this amazing gracious home is a perfect blend of charm & present day amenities.  Fantastic newer kitchen has 6 month young Viking stove, center island w/quartzite counter tops, glass subway tile backsplash & numerous Design Line cabinetry.  Private library & spectacular sunroom w/fireplace are additional added features.  Brazilian tiger hardwood on 1st floor has just been refinished.  3 out of 4 full bathrooms have recently been renovated.  Additional separate 2 car detached garage.  Top of the line outdoor kitchen w/Lynx gas grill,  2 burners & granite counter tops  overlooking Edgewater gunite salt water pool & serene private fenced yard w/ bluestone decking.
Unit Size
-
Days on Market
-
Land Size
1.50 acres
Price per sqft
-
Property Type
House
Property Taxes
$30,131
HOA Dues
-
Year Built
1968

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Jun 29, 2021 Sold to Carolynn Livingston, Mark L... $2,855,000
Sold to Carolynn Livingston, Mark L...
May 1, 2021 In contract -
In contract
Apr 20, 2021 Listed $2,650,000
Listed
Jun 29, 2012 Sold to Gagnon Nancy Oneal, Robert ... $1,925,000
Sold to Gagnon Nancy Oneal, Robert ...
Show More

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Colonial
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,408
  • Garage Type: Mixed use
  • Garage Square Area: 1,110
  • Parking Space Count: 4
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 65,340
  • Total Building Area: 4,425
  • Building Area: 4,425
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 4,425
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 1.5
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LIVINGSTON MARK
  • Current Owner 2: LIVINGSTON CAROLYNN
  • Previous Owner : GAGNON ROBERT
  • Previous Owner 2: ONEAL GAGNON NANCY
  • Owner Before Previous Owner: WUTT MARK R
  • Owner Before Previous Owner 2: WUTT MICHELLE A SANTI
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: 5682

Geography

  • Assessors Map Reference: TAX MAP 9
  • Account Number: 024700
  • District: 41
  • Parcel: 41 00018-0000-00037
  • Block: 18
  • Lot: 37
  • Municipality: RUMSON BORO
  • Latitude: 40.3704
  • Longitude: -74.0108

    Address

  • Full Address: 8 Somerset Dr
  • Address - House Number: 8
  • Address - Street Name: Somerset
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Rumson
  • Carrier Code: C014
  • 4-Digit Zip Code: 1101
  • Zip Code: 07760

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $28,846

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 2,419,337
  • High Value: 2,848,863
  • Low Value: 1,989,811

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,500,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 29, 2021
  • First Open Lien Mortgage Loan Amount: $1,500,000
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $2,467,600
  • Market Land Value: $1,575,000
  • Market Improvement Value: $892,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,467,600
  • Assessed Land Value: $1,575,000
  • Assessed Improvements Value: $892,600

    Sales

  • Current Sale Contract Date: Jun 22, 2021
  • Current Sale Recording Date: Jun 29, 2021
  • Current Sale Transaction ID: 11842020995
  • Current Sale Price: $2,855,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021101704
  • Previous Sale Recording Date: Jun 29, 2012
  • Previous Sale Contract Date: Apr 20, 2012
  • Previous Sale Amount: $1,925,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 29, 2021
  • First Mortgage Loan Amount: $1,500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: RUMSON FAIR HAVEN BANK & TRUST
  • Previous Mortgage Transaction Date: Jun 29, 2012
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $1,443,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2042



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
4.5 Baths
-
$2,349,000 Jan 17, 2023
-
$2,561/mo
House
5 Beds
4.5 Baths
-
$2,695,000 Mar 25, 2023
-
-
House
5 Beds
4.5 Baths
-
$2,895,000 Apr 17, 2023
-
-
House
4 Beds
3.5 Baths
4,447 ft²
$618/ft²
$2,750,000 Mar 23, 2023
-
$1,694/mo
House
3 Beds
3.5 Baths
3,200 ft²
$780/ft²
$2,495,000 Apr 14, 2023
-
$788/mo

About Rumson - Fair Haven


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Frequently Asked Questions

When was property at 8 Somerset Drive built and last sold?
The property at 8 Somerset Drive was built in 1968 and last sold on Jun 22, 2021 for $2,855,000.
How much is this home worth?
The estimated value of the home located at 8 Somerset Drive is $2,676,500.
What are some comparable homes to 8 Somerset Drive?
There are currently no comparable homes to 8 Somerset Drive.

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