$737,000 - $771,734
RENTED FEB 27, 2025

16 Spruce Ln Spring Lake, NJ 07762

Spring Lake Heights Neighborhood
2 Beds
3 Baths
1,104 Sq Ft
$676 Price per Sq Ft

Last Sold December 18, 2024

Last sale price $735,000 $666 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,693/month

About This Home

As of December 2024

ANNUAL RENTAL - Fairway Mews gated community. 2 bedroom, 2.1 bathrooms Updated unit - kitchen appliances, quartz countertops, custom blinds. Wood flooring throughout.
1st floor patio and Primary bedroom balcony. Detached oversized garage just off the rear of the patio for easy access.
Fairway Mews is on an 18-hole executive golf course, new clubhouse with showers, tennis/ pickleball courts this community has lots of activities.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2024
Closed on
Dec 13, 2024
Sold by
Morreale Vincent and Morreale Judith
Bought by
Fm Spruce Llc
Seller's Agent
Mark Cowan
The Gallery Residential Brokerage
Buyer's Agent
Maureen Skea
Ward Wight Sotheby's International Realty
List Price
$799,900
Sold Price
$735,000
Premium/Discount to List
-$64,900
-8.11%
Views
63
Current Estimated Value
$746,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,434
Avg. Annual Appreciation
4.15%

Purchase Details

Listed on
Feb 14, 2022
Closed on
Apr 27, 2022
Sold by
Anne Quagliana
Bought by
Morreale Vincent and Morreale Judith
Seller's Agent
Jesse Decker
EXP Realty
Buyer's Agent
Mark Cowan
D'Amico & McConnell Realtors
List Price
$609,500
Sold Price
$609,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%

Purchase Details

Listed on
Dec 1, 2020
Closed on
Feb 25, 2021
Sold by
Walsh Thomas P and Walsh Regina B
Bought by
Quagliana Anne
Seller's Agent
Mary Etta Gregory
VRI Homes
Buyer's Agent
Jesse Decker
The Connolly Agency
List Price
$555,000
Sold Price
$515,000
Premium/Discount to List
-$40,000
-7.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.49%

Purchase Details

Listed on
Sep 27, 2013
Closed on
Mar 28, 2014
Sold by
Canning Beatrice
Bought by
Walsh Thomas P and Walsh Regina B
Seller's Agent
Mary Jane Farmer
Coldwell Banker Realty
Buyer's Agent
Christine Keating
Global Realty Group
Sold Price
$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
5.74%
Original Mortgage
$262,500
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2000
Sold by
Sands Jeffrey
Bought by
Ruane Gerald

Range of Values:

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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
Fm Spruce Llc $735,000 Trident Abstract Title
Morreale Vincent $609,500 American Land Title
Quagliana Anne $515,000 Scott Title Services Llc
Walsh Thomas P $350,000 Agent For Stewart Title Guar
Ruane Gerald $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walsh Thomas P $262,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2025 02/27/25 Rented $46,200 +1055.0% --
01/02/2025 01/02/25 For Rent $4,000 0.0% --
12/18/2024 12/18/24 Sold $735,000 -8.1% $627 / Sq Ft
11/25/2024 11/25/24 Pending -- -- --
09/27/2024 09/27/24 For Sale $799,900 +31.2% $683 / Sq Ft
04/29/2022 04/29/22 Sold $609,500 0.0% $520 / Sq Ft
03/06/2022 03/06/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $609,500 +18.3% $520 / Sq Ft
02/26/2021 02/26/21 Sold $515,000 -7.2% $399 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
12/01/2020 12/01/20 For Sale $555,000 +58.6% $430 / Sq Ft
03/28/2014 03/28/14 Sold $350,000 -- $271 / Sq Ft

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 $6,665 $682,200 $476,100 $206,100
2023 $6,665 $595,100 $400,000 $195,100
2022 $6,261 $536,600 $350,000 $186,600
2021 $6,261 $463,800 $330,000 $133,800
2020 $5,724 $421,500 $300,000 $121,500
2019 $5,735 $418,000 $300,000 $118,000
2018 $5,768 $409,100 $300,000 $109,100
2017 $5,545 $407,700 $300,000 $107,700
2016 $5,648 $410,200 $300,000 $110,200
2015 $4,768 $347,300 $240,000 $107,300
2014 -- $355,200 $240,000 $115,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2025

    Maureen Skea

    Ward Wight Sotheby's International Realty

    (917) 797-3078

    2 in this area

    4 Total Sales

    Maureen Skea
    Section Image

  • J

    Buyer's Agent in 2025

    Joan McDermott

    Ward Wight Sotheby's International Realty

    (732) 859-8957

    1 Total Sale

    Joan McDermott
    Section Image
  • Mark Cowan

    Seller's Agent in 2024

    Mark Cowan

    The Gallery Residential Brokerage

    (609) 658-8283

    4 in this area

    37 Total Sales

    Mark Cowan
    Section Image
  • Jesse Decker

    Seller's Agent in 2022

    Jesse Decker

    EXP Realty

    (732) 996-7620

    3 in this area

    46 Total Sales

    Jesse Decker
    Section Image
  • Mary Etta Gregory

    Seller's Agent in 2021

    Mary Etta Gregory

    VRI Homes

    (732) 687-2782

    1 in this area

    57 Total Sales

    Mary Etta Gregory
    Section Image

  • M

    Seller's Agent in 2014

    Mary Jane Farmer

    Coldwell Banker Realty

See All Agents

Map

New Jersey Monmouth County Spring Lake 07762 Spring Lake Heights

16 Spruce Ln, Spring Lake, NJ

Homes for Sale in Spring Lake, NJ

This home is located at 16 Spruce Ln, Spring Lake, NJ 07762 and is currently estimated at $746,434, approximately $676 per square foot. 16 Spruce Ln is a home located in Monmouth County with nearby schools including Spring Lake Heights Elementary School and St. Catharine 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.