$754,000 - $787,000
RENTED FEB 27, 2025

16 Spruce Ln Spring Lake, NJ 07762

2 Beds
2.5 Baths
1,172 Sq Ft
$661 Price per Sq Ft

Last Sold December 18, 2024

Last sale price $735,000 $627 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,694/month

Highlights

  • Outdoor Pool
  • Balcony
  • Zoned Heating and Cooling
  • No HOA
  • 1 Car Detached Garage

About This Home

As of February 2025

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.

Last Agent to Rent the Property

Maureen Skea

Ward Wight Sotheby's International Realty License #0787339 Listed on: 01/02/2025

Ward Wight Sotheby's International Realty

Last Renter's Agent

Joan McDermott

Ward Wight Sotheby's International Realty License #1109599

Ward Wight Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,184

Year Built

  • Built in 1978

Lot Details

  • 1,612

Parking

  • 1 Car Detached Garage

Home Design

  • Slab Foundation

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Outdoor Pool
  • Balcony

Schools

  • Spring Lake Heights Elementary And Middle School

Additional Features

  • 2-Story Property
  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association
  • Fairway Mews Subdivision

Listing and Financial Details

  • Security Deposit $6,000
  • Assessor Parcel Number 48-00042-03-00105

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,184

Year Built

Built in 1978

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Subdivision Name: Fairway Mews
  • Architectural Style: Townhouse
  • Reso Interior Features: Balcony
  • Year Built: 1978
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Spring Lake Heights
  • WaterSewer Public Water: Yes
  • General Property Info Handicap Access: No
  • Interior Balcony: Yes
  • Style Townhouse: Yes
  • Maintenance Fees Security Deposit3: 6000.0
  • Lease Requirements Security Deposit4: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Slab
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 2
  • Stories: 2
  • Basement:Slab: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Spring Lake Heights

Lot Info

  • Parcel #: 48-00042-03-00105

MLS Schools

  • Elementary School: Spring Lake Heights

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
$774,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,707
Avg. Annual Appreciation
6.89%

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%

Purchase Details

Closed on
May 9, 2000
Sold by
Sands Jeffrey
Bought by
Ruane Gerald
Source: Public Records

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
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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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 View Prior Sale
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 View Prior Sale
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 View Prior Sale
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 $7,184 $744,700 $526,100 $218,600
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

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22500156

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 48-00042-03-00105