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Analysis of Monmouth County SR-1a records
Rumson
Thu Feb 21 16:40:09 2013
Source file: "1341demo130247.csv"
Source file creation date: Mon Feb 18 13:27:52 2013

Notes:
   Reporting periods are calendar years.
   The Raw Ratio is the average total assessment / average sale price.
      It is not directly comparable to District Average Weighted Ratio
      found in County tables.

Total sales in file: 4331
Sales matching non-exempt classes: 4247
Sales usable for assessment: 2084
Sales of waterfront properties: 514

Usable sales in non-exempt classes: 2082
Usable waterfront sales in non-exempt classes: 210
Sales unusable because price <= $100 with 0 NU code: 5

Property classes in file:
  Class Count Description
  (   )    73 null
  (  1)   204 Vacant Land
  (15B)     2 Exempt Other School
  (15C)     2 Exempt Public
  (15D)     5 Exempt Charitable
  (15F)     2 Exempt Miscellaneous
  (  2)  3938 Residental (4 famlies or less)
  ( 3B)     1 Farm (Qualfied)
  ( 4A)    91 Commercial
  ( 4C)    13 Apartment/Cooperative

Non-usable sales in file:
   Code Count Description
   ( 1)   117 Between family members
   ( 2)     1 Including love and affection
   ( 3)    10 Between corporation and related party
   ( 4)  1111 Convenience
   ( 6)    67 Split-off
   ( 7)   264 Improved btwn asmt and sale
   ( 8)     4 Undived interest in real property
   (10)   338 By guardian or trustee
   (12)    45 Sheriff
   (13)    19 Bankruptcy
   (14)    65 Doubtful title
   (15)     9 With a state entity
   (17)     1 With a charitable entity
   (18)     5 To bank in lieu of foreclosure
   (19)     2 Damaged btwn asmt and sale
   (22)     6 Barter
   (23)     5 Including property with indeterminable value
   (25)     8 Price < $100
   (26)    85 Other unwilling, forced
   (99)    80 unknown

All usable sales in non-exempt classes: 1, 2, 3A, 3B, 4A, 4B, 4C
   Sale and assessment data by year:
     Year   Sales     Avg price           Asmt land          Asmt bld          Asmt total       Raw Ratio
     2013     5    $1,786,800.00         $789,880.00        $665,740.00      $1,455,620.00       81.47%
     2012   103    $1,208,235.00         $591,263.00        $517,823.00      $1,109,086.00       91.79%
     2011    97    $1,448,985.00         $661,846.00        $630,427.00      $1,292,274.00       89.18%
     2010    93    $1,144,248.00         $566,100.00        $462,750.00      $1,028,850.00       89.91%
     2009    55    $1,333,210.00         $601,965.00        $606,596.00      $1,208,561.00       90.65%
     2008    60    $1,194,648.00         $527,448.00        $429,813.00        $957,261.00       80.13%
     2007   105    $1,350,570.00         $545,166.00        $522,001.00      $1,067,168.00       79.02%
     2006   102    $1,400,356.00         $589,365.00        $495,397.00      $1,084,762.00       77.46%
     2005   147    $1,306,619.00         $561,072.00        $388,925.00        $949,997.00       72.71%
     2004   159    $1,304,469.00         $641,120.00        $494,891.00      $1,136,011.00       87.09%
     2003   128      $951,294.00         $195,678.00        $191,085.00        $386,764.00       40.66%
     2002   156      $850,179.00         $183,426.00        $170,587.00        $354,014.00       41.64%
     2001   118      $793,847.00         $202,976.00        $169,993.00        $372,969.00       46.98%
     2000   117      $644,601.00         $214,829.00        $192,295.00        $407,125.00       63.16%
     1999   147      $619,564.00         $234,812.00        $197,223.00        $432,036.00       69.73%
     1998   154      $515,870.00         $214,096.00        $183,248.00        $397,344.00       77.02%
     1997   144      $472,145.00         $229,015.00        $171,800.00        $400,815.00       84.89%
     1996   111      $398,620.00         $297,438.00        $169,372.00        $466,810.00      117.11%
     1995    81      $362,364.00         $179,565.00        $145,244.00        $324,809.00       89.64%

   Change in Rumson average sales price for ten years 2003 to 2012 inclusive: 27.01%

All usable waterfront sales in non-exempt classes: 1, 2, 3A, 3B, 4A, 4B, 4C
   Sale and assessment data by year:
     Year   Sales     Avg price           Asmt land          Asmt bld          Asmt total       Raw Ratio
     2013: no sales data
     2012     9    $1,884,444.00         $881,200.00        $603,900.00      $1,485,100.00       78.81%
     2011    11    $3,570,000.00       $1,344,209.00      $1,615,890.00      $2,960,100.00       82.92%
     2010     7      $920,714.00         $609,414.00        $385,757.00        $995,171.00      108.09%
     2009     9    $2,086,005.00       $1,188,600.00        $705,077.00      $1,893,677.00       90.78%
     2008     5    $2,529,000.00       $1,207,420.00        $563,040.00      $1,770,460.00       70.01%
     2007     8    $2,008,109.00       $1,077,662.00        $535,050.00      $1,612,712.00       80.31%
     2006     5    $2,312,000.00       $1,226,660.00        $798,240.00      $2,024,900.00       87.58%
     2005    14    $3,054,928.00       $1,317,500.00        $861,092.00      $2,178,592.00       71.31%
     2004    18    $2,103,430.00       $1,089,433.00        $705,472.00      $1,794,905.00       85.33%
     2003     8    $1,261,596.00         $291,562.00        $252,875.00        $544,437.00       43.15%
     2002    16    $1,567,031.00         $336,187.00        $288,125.00        $624,312.00       39.84%
     2001    14    $1,481,964.00         $360,257.00        $278,307.00        $638,564.00       43.09%
     2000     8    $1,167,000.00         $357,475.00        $267,100.00        $624,575.00       53.52%
     1999    17      $944,500.00         $392,535.00        $226,400.00        $618,935.00       65.53%
     1998    23      $664,926.00         $311,917.00        $182,900.00        $494,817.00       74.42%
     1997    19      $683,473.00         $383,768.00        $219,857.00        $603,626.00       88.32%
     1996    12      $809,791.00         $416,000.00        $318,541.00        $734,541.00       90.71%
     1995     7      $480,342.00         $319,057.00        $152,700.00        $471,757.00       98.21%

   Change in Rumson waterfront average sales price for ten years 2003 to 2012 inclusive: 49.37%

Highest sales in past several years in non-exempt classes
   2013
       Assessment      Deed Date        Bl/Lt      Location
       $3,034,000.00   2013-01-10      103/6       4 TENNIS COURT LANE           
       $2,500,000.00   2013-01-16       80/10.01   27 N WARD AVE.                
       $1,550,000.00   2013-01-14       97/17.01   13 ROBIN ROAD                 
       $1,175,000.00   2013-01-15       72/10      148 BLACKPOINT ROAD           
         $675,000.00   2013-01-15       66/10      105 BLACKPOINT RD             

   2012
       Assessment      Deed Date        Bl/Lt      Location
       $4,090,000.00   2012-04-13      135/3       31 SHREWSBURY DRIVE           
       $4,000,000.00   2012-04-16       73/6       35 BLACKPOINT HORSESHOE       
       $3,000,000.00   2012-05-15       93/5       122 RUMSON ROAD               
       $2,750,000.00   2012-01-27       49/2       18 WILSON CIRCLE              
       $2,575,000.00   2012-04-27       87/37      131 RIDGE ROAD                

   2011
       Assessment      Deed Date        Bl/Lt      Location
      $12,000,000.00   2011-06-01        1/13      80 W. RIVER ROAD              
       $5,900,000.00   2011-04-28       80/22      5 N WARD AVENUE               
       $5,537,000.00   2011-07-29      135/4       29 SHREWSBURY DR.             
       $5,150,000.00   2011-06-01       11/18      62 E RIVER RD                 
       $3,175,000.00   2011-08-15      115/3       4 SAILERS WAY                 

   2010
       Assessment      Deed Date        Bl/Lt      Location
       $3,850,000.00   2010-08-02       92/8.01    3 VAN CIRCLE                  
       $3,125,000.00   2010-05-10      100/2       62 RUMSON ROAD                
       $3,100,000.00   2010-02-24      101/6       8 BELKNAP LANE                
       $2,912,500.00   2010-06-02       88/17      138 RUMSON ROAD               
       $2,600,000.00   2010-05-26      125/2       159 BINGHAM AVE.              

Highest waterfront sales in past several years in non-exempt classes
   2013
       Assessment      Deed Date        Bl/Lt      Location

   2012
       Assessment      Deed Date        Bl/Lt      Location
       $4,090,000.00   2012-04-13      135/3       31 SHREWSBURY DRIVE           
       $2,750,000.00   2012-01-27       49/2       18 WILSON CIRCLE              
       $2,300,000.00   2012-07-31       11/15      54 E. RIVER RD.               
       $1,845,000.00   2012-02-17      111/26      11 HARBOR DR                  
       $1,630,000.00   2012-02-14      105/19      16 RIVERSIDE DRIVE            

   2011
       Assessment      Deed Date        Bl/Lt      Location
      $12,000,000.00   2011-06-01        1/13      80 W. RIVER ROAD              
       $5,900,000.00   2011-04-28       80/22      5 N WARD AVENUE               
       $5,537,000.00   2011-07-29      135/4       29 SHREWSBURY DR.             
       $5,150,000.00   2011-06-01       11/18      62 E RIVER RD                 
       $3,100,000.00   2011-04-22       49/3       16 WILSON CIRCLE              

   2010
       Assessment      Deed Date        Bl/Lt      Location
       $1,850,000.00   2010-01-27      119/5       17 HEATHCLIFF ROAD            
         $975,000.00   2010-12-22      105/10      21 OAKES ROAD                 
         $925,000.00   2010-05-03       65/2       25 HIGHLAND AVENUE            
         $915,000.00   2010-05-21      137/17      33 GRANT AVE                  
         $770,000.00   2010-09-03      144/6       89 WATERMAN AVE.