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Rumson : Real Estate Advice

  • All37
  • Local Info5
  • Home Buying14
  • Home Selling7
  • Market Conditions1

Activity 19
Sun Apr 28, 2013
Michael O'Brien answered:
Pat Murray construction 7322452716 he has done a lot of major renovations in atlantic highlands on the old Victorian homes. He does a great work in a timly matter,
0 votes 9 answers Share Flag
Sun Apr 7, 2013
Deborah Madey answered:
Space needs are determined by the size of the pool, setback requirements as determined by the local zoning and building codes. If there are any water streams, etc., nearby, that will add another layer of requirements. Yes, permits are needed. Check with the town.

The cost is a huge variable depending upon the size, shape and materials chosen. There's no way to provide a meaningful guesstimate without information about those factors.
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Mon Mar 25, 2013
Deborah Madey answered:
Yes, this property will need to be raised. This was a factor in reaching the offering price for the property.
0 votes 1 answer Share Flag
Mon Nov 27, 2017
Susan McLaughlin answered:
There are two townhouses for sale, taxes on the higher one are $4,263. You should know this townhouse has COAH deed restrictions, please give me a call for more information. I sold 2 of the 5 market sale townhouses and can assist you with this one.

Susan McLaughlin
732-768-1068 Cell
Kelller Willliams Realty - East Monmouth
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Mon Sep 12, 2016
Steven Porzio answered:
Do you need help looking for a home in Rumson or Fairhaven. Call me at 732 691 1668.

0 votes 13 answers Share Flag
Wed Aug 22, 2012
Carolina Carol Nannini, GRI answered:
This ranch closed on 7/23/11 for $1,100,000.00. Only on the market for 93 days. How can I help you? There are many homes available in Rumson for sale.
Carol Nannini, GRI
Better Homes and Gardens Preferred Properties
105 E. River Road
Rumson,NJ 07760
cell or text at 732-539-4348
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0 votes 12 answers Share Flag
Wed Jun 27, 2012
Erin Taffin answered:
Greetings Marc
If you already own the parcel of land you are building on the costs should be around $300 square foot depending on your materials and quality. There are a number of high quality builders in the area who may range on this number, however if you have the plan and the lot, costs should be contained within that range.
To name a few builders that are popular: Petcom, Merrick (high end), Atlantic
If you have further questions or would like to preview homes to give you an idea of what you would like to build feel free to contact me. (732) 492-3189
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Wed Jun 27, 2012
Weichert Realtors answered:
About $30 to $40K. Note: have the building permit before you demo the home. Regards,
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Sun Dec 11, 2016
Jane Shebroe answered:
Not the stove, a stove is required to stay. However it can be replaced with a different stove. But the refrigerator and other appliances can be removed by the seller. The buyers contract should pre-specify in full detail what it is to stay in the house as part of the buyer's offer.

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0 votes 19 answers Share Flag
Wed Dec 26, 2012
John Skronski answered:
Mary --- Factors such as home condition, property size, and realistic expectations all play a role in a property's sale price. In fact, within the last year, homes sold on Ridge Rd. have sold at an average of about $1.275m and Rumson homes on average last year sold for about $1.375m. One con is that is one of the 3 "major" roads and may have more traffic. There are more private areas of Rumson that you may prefer. If you're buying, I can help you as I know the area. Thanks -- John (908-601-4567). ... more
0 votes 11 answers Share Flag
Wed Jun 27, 2012
Susan McLaughlin answered:
Hello Sandra,
Certainly, a three month stay is possible. There are more three month rentals available locally during the summer months, which are the peak season. The prices will range greatly, since we have everything from one bedroom apartments in Red Bank to world-class waterfront estates along the Navesink River.

While we can't pinpoint exactly which properties will be available for rent next year, I will be happy to send you the current offerings with pricing if you detail for me the type of property you would want to stay in. My email is I'll send the listings off to you today. Thanks for your note.
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Thu Feb 6, 2014
Sean Dawes answered:
Are you trying to run comps on a property you want to make an offer on? Although sites like zillow have zestimates to tell you what a home is "worth" I would not trust them. I would consult with a realtor who knows the area and can look at the homes around it more closely to give you the most accurate estimate. ... more
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Wed Jul 29, 2009
Liam R. O'Connell, G.R.I. answered:
Hi Talia,

Excellent question. There are several points to consider; primarily, for "boutique" substitute "mom and pop". The very terminology evolved in response to the gradual corporitization of the industry and the failure of many traditional brokerages to adapt to the changing landscape. What I would suggest is an "independent brokerage", i.e. one unafilliated with franchises or multiple-office chains. Independent, single-office operations still account for approximately 85% of brokered transactions in the United States. We provide the same technical sophistication as the "name" agencies without the institutional baggage and, candidly, the imminent likelihood of bankruptcy in the case of some national franchises. New agents benefit as well from personalized training and support rather than the spurious classroom training programs (utterly useless in my opinion) offered as a recruiting incentive by many of the "hire-em and forget-em" firms.

Further, given the dramatically altered industry landscape and market outlook, the independent broker is best positioned to adapt to the rapidly changing challenges in our profession.

Another option to consider for new licensees would be a referral program which would enable you to ease into the profession without the costly out-of-pocket expense of MLS fees, Board dues, lockbox charges etc. Given the declining trajectory of sales in the Monmouth/Ocean market, now may not be the best time to jump in with both feet.

Best of luck with all of your future endeavours. Please feel free to contact us at any time if you have any other questions you think we can help you with.

Best regards,

Liam R. O'Connell, G.R.I.
Managing Partner
Cary & Co., Realtors Inc.
Cary Referral Associates, Inc.
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0 votes 6 answers Share Flag
Tue Jan 4, 2011
Karen Sluyk answered:
Hi Grace

The Broker in my office, Deborah Madey is extremely knowledge about the Rumson area. She not only has listed and sold in the area but lives within the area. Her knowledge of Rumson would be a great help to you in renting your property.

You can contact her at 732-530-7755 or by e-mail

Best of luck
Karen Sluyk
Peninsula Realty Group
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0 votes 2 answers Share Flag
Fri Jan 4, 2013
Diane Glander answered:
You really need a landlord/tenant attorney more than a real estate attorney. There is an excellent lady in Wall twp--Donna Thompson. You can reach her at 732-681-4301.
0 votes 8 answers Share Flag
Fri May 9, 2008
Thomas McCormack answered:
Hi Monica,
Sounds like a difficult situation. I think you need to speak with an attorney, perhaps the attorney who handled the estate if there was one. Your ability to sell your share in the house would be dependent on the deed... I would doubt that you would be able to do so. Have you had an honest conversation with the other family members regarding your situation? It's quite unfortunate that they would not be a bit more understanding. If their intention is to sell the home, perhaps they could front the monies for renovation and collect at closing. If their intention is to keep the home, I'm not sure they have any ability to force you to do anything. If you're all co-owners, you're all responsible for the property and the taxes... if you don't pay, someone else will have to to avoid losing the property. Again, I'd recommend getting some legal advice and having a sit-down with all the parties involved.

Best of luck,
Thomas McCormack
Sales Associate
... more
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Tue Mar 18, 2008
Thomas McCormack answered:
The ferry terminals at Highlands & Atlantic Highlands ( and Belford/Middletown (New York Waterway all provide parking to passengers as part of the ticket.

Parking at New Jersey Transit stations varies... your best bet is to check out their website ( for specific information including rates for the stations that are of interest to you.

Hope that helps!

Thomas McCormack
Sales Associate
Resources Real Estate | 112 E River Rd | Rumson | NJ | 07760
732-212-0440 x212 |
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Wed Feb 13, 2008
Thomas McCormack answered:
Overall, I'd say it is a great time to buy as there's a good amount of inventory and many sellers are open to negotiation. Meanwhile, the rental market is strong and the rental rates have not experienced the same kind of price reductions. In some cases you can even find lease purchase situations although they're more rare. Just to give you one example, I have a client's home listed in the north end of Sea Bright just south of Sandy Hook, two doors from the river and a block to the beach... it has newer kitchen and baths, 3 bedrooms and waterviews. It's a great value at $499,000. You can see photos on my website and search the MLS as well. If you have specific questions, don't hesitate to contact me.

Thomas McCormack
Sales Associate
Resources Real Estate | 112 E River Rd | Rumson | NJ | 07760
732-212-0440 x212 |
... more
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Wed Aug 15, 2012
Deborah Madey answered:

You are in my backyard. I am a real estate broker, live in Rumson, and share your zip code. I understand the zip code/municipality differences here quite well. Yes, the zip in Locust is 07760. Locust mail is handled by the Rumson Post Office, therefore, the zip is 07760. But your services are provided by the municipality of Middletown and property taxes are paid to Middletown. Within very nearby streets, you will remain in Middletown municipality, but served by zips 07701 (Red Bank post office) or 07716 (Atlantic Highlands post office).

Some properties in any of these zips that are served by various post offices are not coded by the actual zip in Realtors often code some of these communities for the zip for Middletown (07748), because many buyers search by that criteria. That is done because of how search criteria is based. But, that means that even in MLS, the zip is wrong. The municipality of Middletown has 440 active properties, but only a small percentage are in the Locust section, and not always clearly identified as such.

It comes down to knowing these streets and areas well to navigate through the nuances unique to this area. If you want help with Locust, or surrounding areas, such as Navesink, or Chapel Hill, I can definitely help you. Feel free to reach out to me if there is a way that I can help you, either in better understanding the area or providing data on available properties.

Deborah Madey - Broker
Peninsula Realty Group, Inc.
732 530-6350 Direct
... more
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