NOT LISTED FOR SALE

1401 3rd Ave Spring Lake, NJ 07762

Estimated Value: $2,485,048

1 Bed
1 Bath
-- Sq Ft
5,663 Sq Ft Lot

Highlights

  • Attic
  • Historic Home
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of June 2020

Large 3rd floor apartment in Spring Lake's Main Street commercial district. Walk to Park, Beach and Lake. Assigned off street parking spot. Central AC and gas heat. Washer/Dryer. Storage attic.

Last Agent to Rent the Property

Walter MacGowan

The MacGowan Agency, Inc. License #7854675 Listed on: 04/29/2020

Last Renter's Agent

Walter MacGowan

The MacGowan Agency, Inc.

Property Details

Home Type

  • Apartment

Lot Details

  • 5,663 Sq Ft Lot
  • Historic Home

Kitchen

  • Gas Cooktop
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Assigned Parking

Schools

  • H. W. Mountz Elementary And Middle School

Utilities

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

Additional Features

  • 1-Story Property
  • Exterior Lighting
  • Attic

Listing and Financial Details

  • Assessor Parcel Number 47-00085-0000-00001

Property Details

Home Type

Apartment

Lot Details

0

Rental Info

  • Furnished: Unfurnished

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Inclusions: Washer, Stove, Refrigerator, Dishwasher, Dryer, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Historic
  • Reso Interior Features: Attic
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.13
  • Location Middle School: H. W. Mountz
  • Cooling Central Air: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • Interior Attic: Yes
  • Garage None4: Yes
  • Lease Requirements Security Deposit4: Yes
  • General Property Info # Parking Spaces3: 1
  • Style Historic: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • BasementOther: Yes

Exterior Features

  • Acres: 0.13
  • Waterfront: No
  • Exterior Features: Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None, Assigned
  • General Property Info:Garage: No
  • Parking:Assigned2: Yes

Utilities

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

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Size Sq Ft: 5662.8
  • Parcel #: 47-00085-0000-00001

MLS Schools

  • Elementary School: H. W. Mountz

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2004
Sold by
Macgowan Walter
Bought by
Marisa & Ale Corp
Current Estimated Value
$2,485,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,187,500
Outstanding Balance
$571,611
Interest Rate
5.88%
Mortgage Type
Commercial
Estimated Equity
$1,913,437
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Marisa & Ale Corp $1,187,500 --
Macgowan Walter $1,187,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macgowan Walter $1,187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2020 06/30/20 Rented $1,600 0.0% --
06/05/2020 06/05/20 Under Contract -- -- --
04/29/2020 04/29/20 For Rent $1,600 -- --
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 $8,379 $1,614,700 $1,092,900 $521,800
2024 $8,234 $1,509,700 $987,900 $521,800
2023 $8,234 $1,424,500 $902,700 $521,800
2022 $8,651 $1,389,700 $867,900 $521,800
2021 $8,651 $1,293,100 $771,300 $521,800
2020 $8,813 $1,282,800 $761,000 $521,800
2019 $8,980 $1,282,800 $761,000 $521,800
2018 $8,954 $1,282,800 $761,000 $521,800
2017 $8,875 $1,280,600 $761,000 $519,600
2016 $9,219 $1,213,000 $726,000 $487,000
2015 $9,389 $1,213,000 $726,000 $487,000
2014 $9,231 $1,213,000 $726,000 $487,000
Source: Public Records

Agents Affiliated with this Home

  • W

    Landlord's Agent in 2020

    Walter MacGowan

    The MacGowan Agency, Inc.

    (732) 245-7327

    6 Total Sales

    Walter MacGowan
    Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22013429

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00085-0000-00001

New Jersey Monmouth County Spring Lake 07762

1401 3rd Ave, Spring Lake, NJ

Not Listed for Sale

MultiFamily

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.

Nearby Homes