NOT LISTED FOR SALE

107 Mercer Ave Spring Lake, NJ 07762

Estimated Value: $5,523,484 - $7,517,000

6 Beds
6.5 Baths
5,112 Sq Ft
$1,234/Sq Ft Est. Value

Last Sold June 27, 2020

Last sale price $4,000,000 $782 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $31,610/month

131 Days on Market

Highlights

  • Water Views
  • Heated In Ground Pool
  • Deck
  • New Construction
  • Custom Home
  • Recreation Room

About This Home

As of June 2020

Rarely do you have the opportunity to own luxury new construction in Spring Lake, nestled between the beach and the iconic lake. The best of all worlds exists when you are just minutes away from gourmet
restaurants, pristine beaches or quiet strolls by the lake. The Town of Spring Lake is rich in history and
flavor. Established in 1875, the town offers a rural, bucolic lifestyle while, at the same time, offering a
fashionable resort elegance. There are no compromises in this soon to be constructed Custom Shore Colonial. The 9 foot ceilings, chef's kitchen with top of the line appliances and custom cabinetry lend themselves to the quintessential feeling of ''home''. Entertaining is truly a delight. The open floor plan gathers family and guests offering 6 ample bedrooms with 6.5 baths. Let the summer winds take you away as you relax on one of two covered porches or the deck off the kitchen. Retreat to a finished basement ready for all your gaming or sports activities as well as a possible gym. Any and all possibilities exist in this amazing home, as luxury is meant to be lived in.

Last Agent to Sell the Property

Denise Dreyer

Ward Wight Sotheby's International Realty License #0675729 Listed on: 04/14/2019

Last Buyer's Agent

Kiernan Difeo

Jack Green Realty License #1644092

Jack Green Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,748

Year Built

  • Built in 2019 | New Construction

Lot Details

  • Lot Dimensions are 50 x 150
  • Level Lot
  • Sprinkler System

Parking

  • 1 Car Detached Garage
  • Driveway with Pavers
  • Paver Block
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Custom Home
  • Shore Colonial Architecture
  • Wood Roof
  • Cedar Siding
  • Cedar

Interior Spaces

  • 5,112 Sq Ft Home
  • 4-Story Property
  • Central Vacuum
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Ceiling height of 9 feet on the main level
  • Recessed Lighting
  • Light Fixtures
  • Gas Fireplace
  • Thermal Windows
  • Window Screens
  • Sliding Doors
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Combination Kitchen and Dining Room
  • Den
  • Recreation Room
  • Loft
  • Home Gym
  • Water Views
  • Home Security System

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Engineered Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Fence Around Pool
  • Outdoor Shower
  • Pool Equipment Stays

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Schools

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

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 47-00054-0000-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,748

Year Built

Built in 2019 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoPoolFeatures: Fenced, Gunite, Heated, In Ground, Pool Equipment
  • Inclusions: Outdoor Lighting, Washer, Dishwasher, Central Vacuum, Dryer, Light Fixtures, Microwave, Security System, Stove, Stove Hood, Refrigerator, Screens, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Custom, Detached, Shore Colonial
  • Reso Flooring: Ceramic Tile, Marble, Tile, Wood, See Remarks, Engineered, Other
  • Reso Interior Features: Balcony, Built-Ins, Ceilings - 9Ft+ 1st Flr, Ceilings - 9Ft+ 2nd Flr, Ceilings - Beamed, Dec Molding, Den, Loft, Security System, Sliding Door, Eat-in Kitchen, Recessed Lighting
  • New Construction: Yes
  • Year Built: 2019
  • Contract Info List PriceSqFt: 831.18
  • Contract Info New Construction: Yes
  • General Property Info Waterview: Yes
  • 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
  • Floors Engineered: Yes
  • Kitchen Center Island: Yes
  • Exterior Balcony2: Yes
  • Pool Heated3: Yes
  • General Property Info Lot Dimensions: 50 x 150
  • General Property Info Farm: No
  • Location Middle School: H. W. Mountz
  • Cooling Central Air: Yes
  • Rooms Laundry: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Balcony: Yes
  • Interior Ceilings - 9Ft 2nd Flr: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Exterior Porch - Open: Yes
  • Interior Den: Yes
  • Included Light Fixtures: Yes
  • Included Stove Hood: Yes
  • Exterior Sprinkler Under: Yes
  • Exterior Thermal Window: Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Foyer Floor - Wood: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • Pool Fenced: Yes
  • Pool Pool Equipment: Yes
  • Kitchen KitchenDine: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Eat-In: Yes
  • Style Shore Colonial: Yes
  • Kitchen Floor - Wood4: Yes
  • Included Security System2: Yes
  • ExteriorOutdoorShower: Yes
  • Parking Paver Block: Yes
  • Interior Loft: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Rooms Breakfast: Yes
  • Floors Tile: Yes
  • Rooms Loft2: Yes
  • Siding Cedar: Yes
  • Exterior Security System3: Yes
  • Interior Ceilings - Beamed: Yes
  • Rooms Mud: Yes
  • Mud Level First11: Yes
  • Floors Marble: Yes
  • PoolGunite: Yes
  • Rec Room Level Basement9: Yes
  • Roof Wood3: Yes
  • Rooms Exercise Room2: Yes
  • Exercise Room Level Basement30: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: NewHome

Interior Features

  • Basement: Full, Full Finished
  • Basement: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Stories: 4
  • Full Basement: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Foyer: Yes
  • Appliances:Water Heater - Tankless: Yes
  • Features Interior:Security System: Yes
  • Other Rooms:Den2: Yes
  • Appliances Included:Central Vacuum: Yes
  • Other Rooms:Rec Room: 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 Marble7: Yes

Exterior Features

  • Roof: Wood
  • Topography: Level
  • Waterfront: No
  • Construction Type: Cedar
  • Exterior Features: Balcony, Deck, Outdoor Shower, Porch - Open, Security System, Sprinkler Under, Thermal Window, Porch - Covered, Lighting
  • Exterior Features:Pool-In Ground: Yes
  • Features Exterior:Porch Covered: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Paver Block, Driveway, Off Street, On Street
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Association: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Dimensions: 50 x 150
  • Parcel #: 47-00054-0000-00004
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 13748.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2019
Closed on
Jun 26, 2020
Sold by
Hennessy Realty Llc
Bought by
Degregorio Joseph and Degregorio Elizabeth
Seller's Agent
Denise Dreyer
Ward Wight Sotheby's International Realty
Buyer's Agent
Kiernan Difeo
Jack Green Realty
Sold Price
$4,000,000
Current Estimated Value
$5,589,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,589,880
Avg. Annual Appreciation
8.68%
Original Mortgage
$2,800,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 16, 2018
Closed on
Sep 5, 2018
Sold by
Pinkney Lynne
Bought by
Hennessy Realty Llc
Seller's Agent
Colleen Tobin
Diane Turton, Realtors-Spring Lake
Buyer's Agent
Melanie Siliato
Cove to Coast Realty
Sold Price
$1,850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.85%

Purchase Details

Closed on
Sep 1, 2007
Sold by
Pinkney Lynne and Mcmahon Mark
Bought by
Pinkney Lynne

Purchase Details

Closed on
Dec 17, 1998
Sold by
Conley Kevin
Bought by
Pinkney Lynne and Mcmahon Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.84%

Purchase Details

Closed on
Feb 3, 1997
Sold by
Stoll Barbara
Bought by
Conley Kevin and Conley Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
7.6%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Degregorio Joseph $4,000,000 Old Republic Title
Hennessy Realty Llc $1,850,000 Sterling Title Agency Llc
Pinkney Lynne -- Lt National Title Services
Pinkney Lynne $610,000 --
Conley Kevin $420,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Degregorio Joseph $2,800,000
Previous Owner Pinkney Lynne $450,000
Previous Owner Conley Kevin $336,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2020 06/27/20 Sold $4,000,000 +116.2% $782 / Sq Ft
08/23/2019 08/23/19 Pending -- -- --
09/13/2018 09/13/18 Sold $1,850,000 -- $965 / Sq Ft View Prior Sale
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 $26,484 $5,050,500 $3,192,600 $1,857,900
2024 $25,567 $5,416,000 $2,916,400 $2,499,600
2023 $25,567 $5,083,000 $2,641,800 $2,441,200
2022 $24,115 $4,683,200 $2,358,800 $2,324,400
2021 $13,570 $4,019,200 $1,916,800 $2,102,400
2020 $11,503 $1,861,400 $1,818,200 $43,200
2019 $13,570 $2,154,000 $2,060,000 $94,000
2018 $13,748 $2,189,100 $2,060,000 $129,100
2017 $13,284 $2,122,100 $2,000,000 $122,100
2016 $13,351 $1,954,800 $1,712,600 $242,200
2015 $12,979 $1,859,500 $1,617,300 $242,200
2014 $12,045 $1,755,900 $1,513,700 $242,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21915389

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00054-0000-00004