NOT LISTED FOR SALE

106 Newark Ave Spring Lake, NJ 07762

Estimated Value: $7,451,000 - $8,451,492

7 Beds
6 Baths
4,627 Sq Ft
$1,725/Sq Ft Est. Value

Last Sold June 18, 2018

Last sale price $4,250,000 $919 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $45,693/month

72 Days on Market

Highlights

  • New Kitchen
  • Shore Colonial Architecture
  • Terrace
  • Wood Flooring
  • Bonus Room
  • No HOA

About This Home

As of June 2018

On a sweeping lot just a short stroll to Spring Lake’s beautiful beaches, this estate like home embodies character and elegance with a comfortable nod to living at the beach. Discerning owners and NY Architect Gary Deem transformed and modernized this unique colonial revival style 1920's home in 2010. Every surface of the 7-bedroom residence was touched with preservation and modern living in mind. The lot size is over 18,000SF and just one of a small handful of Spring Lake properties spanning from one street to another, the front entrance faces Newark Ave. and the rear yard, driveway and garage, Brighton Ave. A notable property, awarded the Spring Lake Preservation Award and a host for the Spring Lake Kitchen Tour in 2012. A mahogany Dutch entry door welcomes you and sea breezes into a grand foyer with soaring ceilings, patina rich hardwood floors and sparkling interior French doors. Centering the home, the impressive original staircase separates an elegant dining room and a living room with wood burning fireplace, enhanced with crown molding and original custom woodwork.With family and entertaining in mind a large light filled chef's kitchen features modern alder wood cabinets, radiant heated porcelain flooring and stainless-steel appliances. It will take you some time to appreciate all of the special features of this home, including the coffered kitchen ceiling lit by hand blown-glass light fixtures.Large windows offer a view of an expansive lawn and an original carriage house, now a 3-car heated garage with a loft. With the sound of the ocean as your background music lush outdoor gardens and patios invite you to enjoy the outside. An expansive blue stone covered patio is the perfect spot to savor the 1st coffee in the morning to the last glass of wine at night. Private & large enough for a long dining table and separate seating, it is enjoyed for 3 seasons, as soon as the 1st daffodil pops up in the Spring until the last leaf drops in the Fall. An enclosed west facing side porch was converted into a media room. Part of the original design, two staircases, the formal front and a rear one, lead to the second floor. The master suite on the 2nd floor is a private oasis with an ocean facing deck, spa like bathroom with oversized shower, soaking tub and walk in closet. Hidden is a separate laundry and closet adjoining the suite. 2 bedrooms with a Jack and Jill full bath and a side room create a separate wing. Another en-suite bedroom with full bath finishes the 2nd floor. As this is a vintage home, the 3rd floor offers additional space with 3 more bedrooms, a full bath, ample storage and offers a bird's eye view, high above the trees of the neighborhood. A temperature-controlled wine cellar, half bath, laundry & additional living space in the walk out partially finished basement is a bonus when summer guests arrive.This dream property welcomes all and easily accommodates large gatherings for entertaining but just as easy adapts to the comfortable intimacy of family

Last Agent to Sell the Property

Cindy Napp

Diane Turton, Realtors-Spring Lake License #1005282 Listed on: 03/04/2018

Diane Turton, Realtors-Spring Lake

Last Buyer's Agent

Denise Collaro

D'Amico & McConnell Realtors License #0790875

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,175

Year Built

  • Built in 1924

Lot Details

  • Oversized Lot
  • Sprinkler System

Parking

  • 3 Car Detached Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Shore Colonial Architecture
  • Shingle Roof
  • Cedar Siding
  • Cedar

Interior Spaces

  • 3-Story Property
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Ceiling height of 9 feet on the main level
  • Recessed Lighting
  • Track Lighting
  • Wood Burning Fireplace
  • Window Treatments
  • French Doors
  • Sliding Doors
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Center Hall
  • Home Security System

Kitchen

  • New Kitchen
  • Butlers Pantry
  • Built-In Oven
  • Stove
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Outdoor Features

  • Outdoor Shower
  • Patio
  • Terrace
  • Exterior Lighting
  • Outdoor Gas Grill
  • Porch

Schools

  • H. W. Mountz Elementary And Middle School
  • Manasquan High School

Utilities

  • Whole House Fan
  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Heating System Uses Steam
  • Well
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 47-00094-0000-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,175

Year Built

Built in 1924

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oversized, See Remarks, Other
  • Inclusions: Outdoor Lighting, Washer, Wall Oven, Track Lighting, Window Treatments, Whole House Fan, Dishwasher, Dryer, Microwave, Security System, Stove, Refrigerator, Freezer, Gas Grill
  • Subdivision Name: None
  • Architectural Style: Detached, Shore Colonial
  • Reso Flooring: Cement, W/W Carpet
  • Reso Interior Features: Bonus Room, Built-Ins, Ceilings - 9Ft+ 1st Flr, Ceilings - Beamed, Center Hall, Dec Molding, French Doors, Sliding Door, Wet Bar, Recessed Lighting
  • New Construction: No
  • Year Built: 1924
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • Exterior Terrace: Yes
  • General Property Info Lot Dimensions: 114 X 193.77 IRREG
  • General Property Info Farm: No
  • Location Middle School: H. W. Mountz
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • WaterSewer Well: Yes
  • Kitchen Newer: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Dec Molding: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Living Room French Doors2: Yes
  • Exterior Porch - Open: Yes
  • Exterior Sprinkler Under: Yes
  • Included Outdoor Lighting: Yes
  • Included Window Treatments: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • Lot Description Oversized3: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Living Room Dec Molding3: Yes
  • Garage Oversized: Yes
  • Style Shore Colonial: Yes
  • Parking Oversized2: Yes
  • Included Security System2: Yes
  • ExteriorOutdoorShower: Yes
  • Included Gas Grill: Yes
  • GreatFamily Room Floor - WW Carpet4: Yes
  • Siding Cedar: Yes
  • Interior Bonus Room: Yes
  • Exterior Security System3: Yes
  • Garage Storage Above: Yes
  • Interior Ceilings - Beamed: Yes
  • GreatFamily Room French Doors4: Yes
  • Foyer Dec Molding2: Yes
  • Dining Room French Doors3: Yes
  • Laundry Level Basement20: Yes
  • Garage Heated2: Yes
  • Included Whole House Fan: Yes
  • Included Track Lighting: Yes
  • Heating 5 Zone2: Yes
  • Cooling 5 Zone: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Ceilings - High, Full, Partially Finished, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Fireplaces: 1
  • Total Bedrooms: 18
  • Stories: 3
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:Partially Finished: Yes
  • Kitchen Pantry: Yes
  • Appliances Included:Wall Oven: Yes
  • Other Rooms:Office2: Yes
  • Other Rooms:Den2: Yes
  • Appliances Included:Freezer: Yes
  • OtherRoomsOther2: Yes
  • Features Interior:Wet Bar: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath Walk-in Closet2: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Construction Type: Cedar
  • Exterior Features: Outdoor Shower, Patio, Porch - Open, Security System, Sprinkler Under, Terrace

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Driveway, Off Street, Heated Garage, Oversized, Storage
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 5 Zone
  • Cooling Y N: Yes
  • Heating: Steam, Natural Gas, Radiator, Radiant, 5 Zone
  • HeatingYN: Yes
  • Water Source: Public, Well
  • Heating:Natural Gas: Yes
  • Heating:Radiant: Yes
  • Heating:Steam: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Dimensions: 114 X 193.77 IRREG
  • Parcel #: 47-00094-0000-00005
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 22175.0

MLS Schools

  • Elementary School: H. W. Mountz
  • High School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2024
Sold by
Peetz David
Bought by
Katherine Peetz Mack 206-106 Karen Family Tru and Peetz
Current Estimated Value
$7,980,164

Purchase Details

Listed on
Mar 4, 2018
Closed on
Jun 25, 2018
Sold by
Goldstein Joel M and Smith Goldstein Melissa
Bought by
Peetz Karen and Peetz David
Seller's Agent
Cindy Napp
Diane Turton, Realtors-Spring Lake
Buyer's Agent
Denise Collaro
D'Amico & McConnell Realtors
Sold Price
$4,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.11%
Interest Rate
4.57%

Purchase Details

Closed on
Mar 24, 1998
Sold by
Cave William
Bought by
Goldstein Joel and Goldstein Jeanne Genova

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$621,000
Interest Rate
6.89%
Source: Public Records

Range of Values:

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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
Katherine Peetz Mack 206-106 Karen Family Tru -- None Listed On Document
Katherine Peetz Mack 206-106 David Sr Family -- None Listed On Document
Peetz David -- None Listed On Document
Peetz Karen $4,250,000 --
Goldstein Joel $776,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peetz Karen --
Previous Owner Goldstein Joel M $1,208,900
Previous Owner Goldstein Joel Michael $1,620,000
Previous Owner Goldstein Joel Michael $840,000
Previous Owner Goldstein Joel $621,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2018 06/18/18 Sold $4,250,000 -- $919 / Sq Ft
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 $30,575 $6,716,200 $4,865,400 $1,850,800
2024 $29,575 $6,252,600 $4,530,600 $1,722,000
2023 $29,575 $5,879,800 $4,198,000 $1,681,800
2022 $26,938 $5,349,500 $3,748,200 $1,601,300
2021 $26,210 $4,489,600 $3,041,200 $1,448,400
2020 $26,338 $4,261,800 $2,888,700 $1,373,100
2019 $26,210 $4,160,300 $2,781,000 $1,379,300
2018 $22,935 $3,652,000 $2,781,000 $871,000
2017 $22,175 $3,542,400 $2,719,200 $823,200
2016 $20,814 $3,047,400 $2,257,100 $790,300
2015 $20,470 $2,932,600 $2,142,300 $790,300
2014 $19,173 $2,794,900 $2,004,600 $790,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21805198

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00094-0000-00005