NOT LISTED FOR SALE

118 Madison Ave Unit Summer 2024 Spring Lake, NJ 07762

Estimated Value: $6,046,000 - $7,540,000

7 Beds
5 Baths
4,122 Sq Ft
$1,658/Sq Ft Est. Value

Highlights

  • Heated In Ground Pool
  • Marble Flooring
  • Mud Room
  • Colonial Architecture
  • Furnished
  • Balcony

About This Home

As of July 2024

Fabulous 2024 summer rental located in the heart of SPRING LAKE. Two blocks from beach and town. Great location to experience all that Spring Lake has to offer! Home offers 7 bedrooms, 5 baths. Plenty of room for two families. Beautiful dark hardwood floors throughout, marble & tile bathrooms, professional stainless steel appliances in kitchen. This home provides easy summer living with family-friendly spaces where the kitchen sits in the center of everything. The private backyard with patio, BBQ grill, outdoor shower and in-ground pool will provide hours of family fun. 2 week minimum. $22,500 per week

Last Agent to Rent the Property

Karen Matuch

Jack Green Realty License #1644093 Listed on: 10/02/2023

Jack Green Realty

Co-Listed By

Kiernan Difeo

Jack Green Realty License #1644092

Last Renter's Agent

Beth Sarre

Onyx Management Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,213

Year Built

  • Built in 1920

Lot Details

  • 0.34 Acre Lot
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture

Interior Spaces

  • 4,122 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Window Treatments
  • French Doors
  • Mud Room
  • Family Room
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Linoleum
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 5 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Fence Around Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Outdoor Gas Grill
  • Porch

Schools

  • H. W. Mountz Elementary And Middle School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Short Term Lease
  • Weekly Lease Term
  • Assessor Parcel Number 47-00090-0000-00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,213

Year Built

Built in 1920

Lot Details

0

Parking

2

Rental Info

  • Furnished: Furnished

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • ResoPoolFeatures: Fenced, Heated, In Ground
  • Co List Office Mls Id: 2889
  • Co List Office Phone: 732-449-1555
  • Inclusions: Washer, Stove, Ceiling Fan(s), Refrigerator, Window Treatments, Dishwasher, Dryer, Gas Grill, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Interior Features: Attic - Walk Up, Balcony, Built-Ins, Dec Molding, French Doors, Wet Bar, Recessed Lighting
  • Year Built: 1920
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Pool Heated3: Yes
  • General Property Info Acreage: 0.34
  • Location Middle School: H. W. Mountz
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • Living Room Floor - LinoleumVinyl2: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Interior Balcony: Yes
  • Interior Dec Molding: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Exterior Porch - Open: Yes
  • Exterior Sprinkler Under: Yes
  • Included Ceiling Fan(s): Yes
  • Included Window Treatments: Yes
  • Dining Room Dec Molding4: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Pool Fenced: Yes
  • Kitchen Eat-In: Yes
  • Lease Requirements Security Deposit4: Yes
  • Kitchen Floor - Wood4: Yes
  • ExteriorOutdoorShower: Yes
  • Included Gas Grill: Yes
  • Interior Attic - Walk Up: Yes
  • Furnished Full2: Yes
  • Lease Terms Weekly: Yes
  • Rooms Mud: Yes
  • Mud Level First11: Yes
  • Lease Terms Short Term: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Dining Room Floor - Wood Floor: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 7
  • Total Bedrooms: 18
  • Stories: 2
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Features Interior:Wet Bar: Yes
  • Primary Bedroom Floor - Wood8: Yes
  • Primary Bedroom Walk-in Closet4: Yes
  • Primary Bath Shower Stall2: Yes
  • Primary Bedroom Full Bath2: Yes
  • Primary Bedroom Level Second39: Yes
  • Primary Bath Floor - Marble10: Yes

Exterior Features

  • Acres: 0.34
  • Waterfront: No
  • Exterior Features: Fence, Outdoor Shower, Porch - Open, Sprinkler Under
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Detached
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Size Sq Ft: 14810.4
  • Parcel #: 47-00090-0000-00011

MLS Schools

  • Elementary School: H. W. Mountz

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2012
Sold by
Lu Regina Alice
Bought by
Lu Dennis
Current Estimated Value
$6,832,720

Purchase Details

Closed on
Nov 6, 2009
Sold by
Lu Dennis
Bought by
Lu Regina Alice

Purchase Details

Closed on
Oct 21, 2005
Sold by
Kaden Raymond J
Bought by
Lu Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.85%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Lu Dennis -- None Available
Lu Regina Alice -- None Available
Lu Dennis $2,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lu Dennis $360,000
Previous Owner Lu Dennis $1,440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2024 07/13/24 Rented $45,000 +100.0% --
10/05/2023 10/05/23 Under Contract -- -- --
10/02/2023 10/02/23 For Rent $22,500 -- --
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 $25,213 $5,553,400 $4,512,000 $1,041,400
2024 $24,196 $5,156,000 $4,187,000 $969,000
2023 $24,196 $4,810,300 $3,864,000 $946,300
2022 $21,690 $4,351,000 $3,450,000 $901,000
2021 $21,690 $3,615,000 $2,800,000 $815,000
2020 $21,273 $3,442,300 $2,659,000 $783,300
2019 $20,920 $3,320,700 $2,560,000 $760,700
2018 $20,740 $3,302,600 $2,560,000 $742,600
2017 $20,043 $3,201,800 $2,500,000 $701,800
2016 $17,008 $2,490,200 $1,791,200 $699,000
2015 $16,727 $2,396,400 $1,697,400 $699,000
2014 $15,692 $2,287,400 $1,588,400 $699,000
Source: Public Records

Agents Affiliated with this Home

  • Karen Matuch

    Landlord's Agent in 2024

    Karen Matuch

    Jack Green Realty

    (732) 449-1212

    7 in this area

    33 Total Sales

    Karen Matuch
    Section Image
  • Kiernan Difeo

    Landlord's Co-Listing Agent in 2024

    Kiernan Difeo

    Jack Green Realty

    (732) 684-8197

    7 in this area

    34 Total Sales

    Kiernan Difeo
    Section Image

  • B

    Tenant's Agent in 2024

    Beth Sarre

    Onyx Management Group, LLC

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22327417

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00090-0000-00011

New Jersey Monmouth County Spring Lake 07762

118 Madison Ave Unit Summer 2024, Spring Lake, NJ

This home is located at 118 Madison Ave Unit Summer 2024, Spring Lake, NJ 07762 since 02 October 2023 and is currently priced at $6,832,720. This property was built in 1920. 118 Madison Ave Unit Summer 2024 is a home located in Monmouth County with nearby schools including St. Catharine School and St Rose High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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