NOT LISTED FOR SALE

116 Mercer Ave Spring Lake, NJ 07762

Estimated Value: $5,824,000 - $9,242,000

9 Beds
8 Baths
6,533 Sq Ft
$1,208/Sq Ft Est. Value

About This Home

This home is located at 116 Mercer Ave, Spring Lake, NJ 07762 and is currently estimated at $7,894,633, approximately $1,208 per square foot. 116 Mercer Ave is a home located in Monmouth County with nearby schools including St. Catharine School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2021
Sold by
Oristaglio Stephen M and Oristaglio Jeryl Hack
Bought by
Cutler Stephen and Cutler Carolyn
Current Estimated Value
$8,031,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 1998
Sold by
Greenhut Robert
Bought by
Oristaglio Stephen and Oristaglio Jeryl Hack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
6.96%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Cutler Stephen $8,500,000 Counsellors Title Agency Inc
Oristaglio Stephen $2,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cutler Stephen $2,000,000
Previous Owner Oristaglio Stephen $1,250,000
Source: Public Records

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 $44,635 $9,543,600 $6,374,300 $3,169,300
2024 $43,577 $9,127,800 $5,981,000 $3,146,800
2023 $43,577 $8,663,500 $5,590,200 $3,073,300
2022 $32,254 $7,917,600 $4,991,300 $2,926,300
2021 $32,254 $5,379,100 $3,679,500 $1,699,600
2020 $31,706 $5,130,400 $3,496,900 $1,633,500
2019 $31,199 $4,952,300 $3,366,000 $1,586,300
2018 $30,863 $4,914,500 $3,366,000 $1,548,500
2017 $29,820 $4,763,600 $3,300,000 $1,463,600
2016 $32,613 $4,775,000 $2,409,500 $2,365,500
2015 $32,528 $4,660,200 $2,294,700 $2,365,500
2014 $30,954 $4,512,300 $2,146,800 $2,365,500
Source: Public Records

Map

New Jersey Monmouth County Spring Lake 07762

116 Mercer Ave, Spring Lake, NJ

Not Listed for Sale

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