NOT LISTED FOR SALE

112 Worthington Ave Spring Lake, NJ 07762

Estimated Value: $6,720,000 - $9,794,252

9 Beds
9 Baths
6,938 Sq Ft
$1,216/Sq Ft Est. Value

Last Sold August 24, 2020

Last sale price $6,199,950 $894 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $51,522/month

138 Days on Market

Highlights

  • Indoor Spa
  • New Construction
  • Maid or Guest Quarters
  • Heated Pool and Spa
  • Custom Home
  • Deck

About This Home

As of August 2020

Presenting 112 Worthington Ave. Your custom, luxury seashore home awaits you. Situated on a 102 x 150 lot this beautiful home offers privacy, yet is steps from the beach in the sought after North End. This magnificent home has everything you need to work from home, entertain and have privacy. An oversized gunite pool and spa with an outdoor kitchen and grilling area perfectly situated for entertaining. Your dream kitchen complete with custom cabinetry, full sub zero/wolf appliance package and an oversized island and bar area. Master bedroom with his and her closets and several Cathedral ceilings are added features. This home boasts 1st floor bedroom, home office, 4-stop elevator, fully finished basement, and 3rd floor with 3 bedrooms and a full bath. A close commute to NYC if need be.

Last Agent to Sell the Property

Marie Reed

The Gallery Residential Brokerage License #2076193 Listed on: 03/10/2020

Last Buyer's Agent

Walter Kimm

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,229

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Lot Dimensions are 102 x 150
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway with Pavers
  • Paver Block
  • Off-Street Parking

Home Design

  • Custom Home
  • Mirrored Walls
  • Wood Roof
  • Cedar Shake Siding
  • Shake Siding

Interior Spaces

  • 6,938 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Ceiling height of 9 feet on the main level
  • Light Fixtures
  • 1 Fireplace
  • Insulated Windows
  • Window Screens
  • French Doors
  • Sliding Doors
  • Insulated Doors
  • Den
  • Bonus Room
  • Indoor Spa
  • Center Hall
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Cooktop
  • Stove
  • Portable Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Walk-In Closet
  • 9 Full Bathrooms
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Marble Bathroom Countertops
  • Primary Bathroom includes a Walk-In Shower

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Pool

  • Heated Pool and Spa
  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Pool
  • Saltwater Pool
  • Fence Around Pool
  • Pool Equipment Stays

Outdoor Features

  • Balcony
  • Deck
  • Covered patio or porch
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 47-00124-0000-00014

Community Details

Overview

  • No Home Owners Association

Recreation

  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,229

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Fenced Area
  • ResoPoolFeatures: See Remarks, Other, Fenced, Gunite, Heated, In Ground, Pool Equipment, Salt Water, With Spa
  • Inclusions: Outdoor Lighting, Hot Tub, AC Units, Counter Top Range, Dishwasher, Light Fixtures, Microwave, Security System, Stove, Stove Hood, Refrigerator, Screens, Freezer, Fireplace Equipment, Garage Door Opener, Gas Cooking, Generator
  • Subdivision Name: None
  • Reso Accessibility Features: Other - See Remarks
  • Architectural Style: Custom, Detached
  • Reso Flooring: Marble, Wood
  • Reso Interior Features: Balcony, Bonus Room, Built-Ins, Ceilings - 9Ft+ 1st Flr, Ceilings - 9Ft+ 2nd Flr, Ceilings - Beamed, Center Hall, Dec Molding, Den, Elevator, French Doors, Hot Tub, Housekeeper Qtrs, In-Law Suite, Security System, Wall Mirror, Wet Bar
  • New Construction: Yes
  • ResoWindowFeatures: Insulated Windows
  • Year Built: 2020
  • Contract Info New Construction: Yes
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • GreatFamily Room Sliding Door4: Yes
  • Exterior Balcony2: Yes
  • ExteriorPatio: Yes
  • Exterior Swimming: Yes
  • Pool Heated3: Yes
  • Garage Direct Entry: Yes
  • General Property Info Lot Dimensions: 102 x 150
  • General Property Info Farm: No
  • Location Middle School: H. W. Mountz
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Exterior Storage: Yes
  • Lot Description Fenced Area: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: 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 French Doors: Yes
  • Foyer Two Story: Yes
  • Interior Den: Yes
  • Included Light Fixtures: Yes
  • Included Stove Hood: Yes
  • Exterior Sprinkler Under: Yes
  • Number Appliances Included A C Units: Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • Pool Fenced: Yes
  • Pool Pool Equipment: Yes
  • Utilities Included Generator: Yes
  • Interior In-Law Suite: Yes
  • Kitchen Eat-In: Yes
  • Basement Heated: Yes
  • Garage Oversized: Yes
  • Kitchen Floor - Wood4: Yes
  • Interior Wall Mirror: Yes
  • Included Security System2: Yes
  • Parking Paver Block: Yes
  • Kitchen Butler Pantry: Yes
  • Exterior BBQ: Yes
  • Water Heater Tank: Yes
  • Exterior Hot Tub2: Yes
  • Pool With Spa: Yes
  • Cooling Multi Units: Yes
  • PoolSaltWater: Yes
  • Dining Room Sliding Door3: Yes
  • Interior Bonus Room: Yes
  • Included Counter Top Range: Yes
  • Exterior Security System3: Yes
  • Exterior Rec Area: Yes
  • SidingCedarShake: Yes
  • Interior Ceilings - Beamed: Yes
  • Floors Marble: Yes
  • PoolGunite: Yes
  • Included Hot Tub3: Yes
  • Roof Wood3: Yes
  • Interior Hot Tub: Yes
  • Interior Housekeeper Qtrs: Yes
  • GreatFamily Room Ceilings - Beamed3: Yes
  • GreatFamily Room Wet Bar2: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Energy Features Insulated Doors: Yes
  • Special Features: 4098

Interior Features

  • Basement: Ceilings - High, Finished, Full, Heated, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 9
  • Total Bedrooms: 9
  • Fireplaces: 1
  • Stories: 4
  • Basement Finished: Yes
  • Full Basement: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Walk-Out Access: Yes
  • Kitchen Pantry: Yes
  • Features Interior:Security System: Yes
  • Appliances Included:Freezer: Yes
  • Features Interior:Wet Bar: Yes
  • Features-Interior:Elevator: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Marble7: Yes
  • Primary Bath Floor - Marble2: Yes

Exterior Features

  • Roof: Wood
  • Topography: Level
  • Waterfront: No
  • Construction Type: Shake Siding
  • Exterior Features: Balcony, BBQ, Deck, Fence, Hot Tub, Patio, Rec Area, Security System, Sprinkler Under, Storage, Swimming, Porch - Covered, Lighting
  • Exterior Features:Pool-In Ground: Yes
  • Features Exterior:Porch Covered: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Paved, Paver Block, Off Street, Direct Access, Oversized
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking:Paved: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units, Central Air, Other, 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: 102 x 150
  • Parcel #: 47-00124-0000-00014
  • Zoning Description: Residential, Single Family

Green Features

  • Energy Features Insulated Windows: Yes

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2020
Closed on
Aug 19, 2020
Sold by
Marie Reed Homes Llc
Bought by
M And 7 Delaware Holdings Llc
Seller's Agent
Marie Reed
The Gallery Residential Brokerage
Buyer's Agent
Walter Kimm
Coldwell Banker Realty
List Price
$6,199,950
Sold Price
$6,199,950
Current Estimated Value
$8,798,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,598,158
Avg. Annual Appreciation
6.78%

Purchase Details

Listed on
Mar 10, 2020
Closed on
Jul 20, 2020
Sold by
Reed Mstir E
Bought by
Marie Reed Homes Llc
Seller's Agent
Marie Reed
The Gallery Residential Brokerage
Buyer's Agent
Walter Kimm
Coldwell Banker Realty
List Price
$6,199,950
Sold Price
$6,199,950

Purchase Details

Listed on
Jun 13, 2019
Closed on
Jul 22, 2019
Sold by
Mlz Corp Llc
Bought by
Reed Marie E
Seller's Agent
Jeanmarie Wheat
Ward Wight Sotheby's International Realty
Buyer's Agent
Jean Marie Wheat
The Mary Holder Agency
Sold Price
$3,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.24%

Purchase Details

Closed on
Apr 5, 2019
Sold by
Nolan Constance V
Bought by
Mlz Corp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,725,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 4, 1998
Sold by
Manzo Cynthia
Bought by
Nolan Michael and Nolan Constance

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
7.09%

Purchase Details

Closed on
Jul 31, 1996
Sold by
O'Keefe Andrew
Bought by
Manzo Cynthia
Source: Public Records

Range of Values:

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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
M And 7 Delaware Holdings Llc $6,199,950 Elite Title Group Llc
M And T Delaware Holdings Llc $6,199,950 Elite Title Group
Marie Reed Homes Llc -- Fidelity National Title
Reed Marie E $3,350,000 Trident Abstract Title Agcy
Mlz Corp Llc $2,775,000 Fidelity National Ttl Ins Co
Nolan Michael $925,000 --
Manzo Cynthia $890,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mlz Corp Llc $3,725,000
Previous Owner Nolan Michael $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2020 08/24/20 Sold $6,199,950 0.0% $894 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
03/10/2020 03/10/20 For Sale $6,199,950 +85.1% $894 / Sq Ft
06/25/2019 06/25/19 Sold $3,350,000 -- $860 / 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
2024 $40,229 $8,230,400 $4,610,900 $3,619,500
2023 $40,229 $7,997,800 $4,462,400 $3,535,400
2022 $37,253 $7,424,000 $4,056,800 $3,367,200
2021 $37,253 $6,220,700 $3,173,100 $3,047,600
2020 $19,199 $3,106,600 $3,106,600 $0
2019 $18,754 $2,976,900 $2,410,000 $566,900
2018 $18,610 $2,963,400 $2,410,000 $553,400
2017 $18,361 $2,933,100 $2,410,000 $523,100
2016 $15,475 $2,265,800 $1,561,100 $704,700
2015 $15,519 $2,223,300 $1,518,600 $704,700
2014 $14,788 $2,155,700 $1,451,000 $704,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22009729

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00124-0000-00014