NOT LISTED FOR SALE

1291 Wedgewood Rd Spring Lake, NJ 07762

Estimated Value: $899,000 - $2,260,000

3 Beds
3 Baths
1,809 Sq Ft
$967/Sq Ft Est. Value

Last Sold February 23, 2022

Last sale price $580,000 $321 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $9,883/month

149 Days on Market

Highlights

  • Cape Cod Architecture
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Patio

About This Home

As of February 2022

Beautiful 1.16-acre private lot is setback down a long driveway on a cul-de-sac! Amazing shore location bordering Spring Lake Heights and only a 10-minute bike ride to the beach! Knock down and build your dream home! Just minutes to the beach, charming Spring Lake downtown, Allaire State Park, Capital Coast Trail for biking/walking, Spring Lake Golf Course, Whole Foods, new Shoprite and a variety of great restaurants and shopping. Plenty of room for a large home, pool and backyard oasis. R-30 zone. Less then 2 miles to the beach! Excellent restaurants within walking distance. This is the location you have been waiting for!

Last Agent to Sell the Property

Judith Collan

Keller Williams Realty Spring Lake License #0560934 Listed on: 12/28/2021

Keller Williams Realty Spring Lake

Co-Listed By

Colleen Newman

Keller Williams Realty Spring Lake License #0893169

Last Buyer's Agent

Anna Ingrassia

Heritage House Sotheby's International Realty License #1645608

Heritage House Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,638

Year Built

  • Built in 1958

Lot Details

  • 1.16

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

  • Wall Intermediate

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Patio
  • 1.16 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 52-00273-0000-00023

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,638

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 3636
  • Co List Office Phone: 848-220-7120
  • Subdivision Name: None
  • Architectural Style: Cape
  • Year Built: 1958
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 1.16
  • Location Middle School: Wall Intermediate
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Style Cape: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 1.16
  • Waterfront: No
  • Exterior Features: Patio

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Wall Intermediate

Lot Info

  • Lot Size Sq Ft: 50529.6
  • Parcel #: 52-00273-0000-00023

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 10638.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2024
Sold by
Wedgewood Road Llc
Bought by
Palma K M Vizzoni Trust and Joseph Jake Vizzoni Trust
Current Estimated Value
$1,749,064

Purchase Details

Listed on
Dec 28, 2021
Closed on
Feb 3, 2022
Sold by
Turner William S and Turner Laura L
Bought by
Wedgewood Road Llc
Seller's Agent
Judith Collan
Keller Williams Realty Spring Lake
Buyer's Agent
Anna Ingrassia
Heritage House Sotheby's International Realty
List Price
$550,000
Sold Price
$580,000
Premium/Discount to List
$30,000
5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.60%
Original Mortgage
$1,300,000
Interest Rate
3.55%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Palma K M Vizzoni Trust $1,840,000 Acres Land Title
Palma K M Vizzoni Trust $1,840,000 Acres Land Title
Wedgewood Road Llc $580,000 Land Title
Wedgewood Road Llc $580,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wedgewood Road Llc $1,300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2022 02/23/22 Sold $580,000 +5.5% $321 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
12/28/2021 12/28/21 For Sale $550,000 0.0% $304 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $550,000 -- $304 / 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 $8,197 $388,500 $388,500 --
2024 $7,953 $388,500 $388,500 $0
2023 $7,953 $388,500 $388,500 $0
2022 $10,768 $539,200 $388,500 $150,700
2021 $10,768 $539,200 $388,500 $150,700
2020 $10,638 $539,200 $388,500 $150,700
2019 $10,509 $539,200 $388,500 $150,700
2018 $10,417 $539,200 $388,500 $150,700
2017 $11,510 $607,700 $457,000 $150,700
2016 $11,267 $607,700 $457,000 $150,700
2015 $8,959 $303,700 $164,600 $139,100
2014 $8,202 $284,400 $145,000 $139,400
Source: Public Records

Agents Affiliated with this Home

  • Judith Collan

    Seller's Agent in 2022

    Judith Collan

    Keller Williams Realty Spring Lake

    (732) 221-7115

    8 in this area

    41 Total Sales

    Judith Collan
    Section Image
  • Colleen Newman

    Seller Co-Listing Agent in 2022

    Colleen Newman

    Keller Williams Realty Spring Lake

    (732) 610-8283

    3 in this area

    57 Total Sales

    Colleen Newman
    Section Image
  • Anna Ingrassia

    Buyer's Agent in 2022

    Anna Ingrassia

    Heritage House Sotheby's International Realty

    (973) 885-0159

    1 in this area

    31 Total Sales

    Anna Ingrassia
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22128609

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 52-00273-0000-00023

New Jersey Monmouth County Spring Lake 07762

1291 Wedgewood Rd, Spring Lake, NJ

Not Listed for Sale

Detached

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