NOT LISTED FOR SALE

102 Salem Ave Spring Lake, NJ 07762

Estimated Value: $3,183,000 - $3,866,000

6 Beds
3 Baths
3,116 Sq Ft
$1,161/Sq Ft Est. Value

Last Sold September 16, 2020

Last sale price $2,050,000 $658 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $20,180/month

Highlights

  • Saltbox Architecture
  • Main Floor Primary Bedroom
  • 1 Car Attached Garage
  • Wood Flooring
  • Skylights
  • Built-In Features

About This Home

As of August 2022

AVAIL * August 14th - September 2022 $15,000 / per week. (house is booked rest of the summer) Beautifully presented 6 bedroom, 3 bathroom beach retreat only 1 BLOCK to BEACH and with direct access to South End Pavilion. Sleeps 12 family and friends with a great functional layout, sun drenched front porch and upper front deck with partial ocean views. Back deck and private yard make it great for entertaining. Beach/pool badges, bikes, linens, and towels included. Hi-speed Wifi throughout the house, 3 HDTVs, Sonos and beach chairs.

Last Agent to Rent the Property

Kerry Patterson

Ward Wight Sotheby's International Realty License #0563107 Listed on: 05/24/2022

Ward Wight Sotheby's International Realty

Last Renter's Agent

Jane Twomey

RE/MAX Properties Saddle River License #9236815

RE/MAX Properties Saddle River

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Saltbox Architecture

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Skylights
  • Gas Fireplace
  • Wood Flooring
  • Partially Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Schools

  • H. W. Mountz Elementary And Middle School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Property Available on 8/14/22
  • Assessor Parcel Number 47-00030-0000-00020

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2022-08-14

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Saltbox
  • Reso Flooring: Wood
  • Year Built: 1978
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.17
  • Location Middle School: H. W. Mountz
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Living Room Fireplace - Gas7: Yes
  • Foyer Floor - Wood: Yes
  • Contract Info Available Date: 2022-08-14
  • General Property Info # Parking Spaces3: 4-5
  • Living Room Built-Ins2: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Dining Room Floor - Wood Floor: Yes
  • Foyer Skylight2: Yes
  • Style Saltbox: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Partially Finished, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Stories: 2
  • Stories: 2
  • Basement:Walk-Out Access: Yes
  • Basement:Partially Finished: Yes
  • Primary Bedroom Level First39: Yes

Exterior Features

  • Acres: 0.17
  • Waterfront: No

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 47-00030-0000-00020

MLS Schools

  • Elementary School: H. W. Mountz

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2020
Closed on
Sep 12, 2020
Sold by
Sear Pritesh J and Shah Leena
Bought by
Langford Guy A and Llewellyn Langford Wendy
Seller's Agent
Bart Dennin
Ocean Pointe
Buyer's Agent
Kerry Patterson
Ward Wight Sotheby's International Realty
List Price
$2,149,000
Sold Price
$2,050,000
Premium/Discount to List
-$99,000
-4.61%
Current Estimated Value
$3,618,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,568,087
Avg. Annual Appreciation
11.43%
Original Mortgage
$1,500,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2002
Sold by
Roach Thomas
Bought by
Shah Pritesh and Mary Sapner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.18%

Purchase Details

Closed on
Apr 22, 1994
Sold by
Manthey Richard
Bought by
Roach Thomas and Donovan Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Langford Guy A $2,050,000 Trident Abstract Ttl Agcy Ll
Shah Pritesh J $2,050,000 Trident Abstract Title
Shah Pritesh $850,000 --
Roach Thomas $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shah Pritesh J $1,500,000
Previous Owner Shah Pritesh $650,000
Previous Owner Roach Thomas $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/03/2022 08/03/22 Rented $30,000 0.0% --
08/01/2022 08/01/22 Rented $30,000 +100.0% --
06/14/2022 06/14/22 Under Contract -- -- --
05/24/2022 05/24/22 For Rent $15,000 0.0% --
05/24/2022 05/24/22 Under Contract -- -- --
04/24/2022 04/24/22 For Rent $15,000 -85.7% --
07/01/2021 07/01/21 Rented $105,000 +1212.5% --
06/09/2021 06/09/21 Under Contract -- -- --
01/07/2021 01/07/21 Price Changed $8,000 +60.0% $3 / Sq Ft
01/04/2021 01/04/21 For Rent $5,000 0.0% --
09/16/2020 09/16/20 Sold $2,050,000 0.0% $658 / Sq Ft View Prior Sale
08/13/2020 08/13/20 Rented $17,000 0.0% --
07/03/2020 07/03/20 Pending -- -- --
06/28/2020 06/28/20 Price Changed $2,049,900 0.0% $658 / Sq Ft
05/26/2020 05/26/20 For Rent $9,000 0.0% --
01/28/2020 01/28/20 For Sale $2,149,000 0.0% $690 / Sq Ft
09/08/2015 09/08/15 Rented $8,350 -30.4% --
11/30/2012 11/30/12 Rented $12,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,784 $3,194,900 $2,460,000 $734,900
2024 $13,033 $2,818,800 $2,135,000 $683,800
2023 $13,033 $2,591,000 $1,923,200 $667,800
2022 $12,040 $2,383,700 $1,747,900 $635,800
2021 $12,040 $2,006,600 $1,431,500 $575,100
2020 $12,010 $1,943,300 $1,390,500 $552,800
2019 $11,925 $1,892,800 $1,356,000 $536,800
2018 $11,806 $1,880,000 $1,356,000 $524,000
2017 $11,239 $1,795,300 $1,300,000 $495,300
2016 $12,531 $1,834,700 $1,030,000 $804,700
2015 $12,702 $1,819,700 $1,015,000 $804,700
2014 $12,937 $1,885,900 $1,081,200 $804,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22215726

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00030-0000-00020