NOT LISTED FOR SALE

1609 Ocean Ave Unit AUGUST 2024 Spring Lake, NJ 07762

Estimated Value: $6,995,000 - $8,443,720

5 Beds
4 Baths
2,977 Sq Ft
$2,519/Sq Ft Est. Value

Highlights

  • Outdoor Pool
  • Colonial Architecture
  • No HOA
  • Waterfront
  • Furnished
  • Balcony

About This Home

As of August 2024

Oceanfront summer 2024 rental with Ocean views from your multiple porches, Gunite Heated Saltwater Pool and an Outdoor Shower. Open the windows and sleep to the sound of the waves as you summer on the Jersey Shore. 5 Beds 4 Full Baths with a bright and sunny open floor plan. Plenty of room to gather and enjoy your family and friends both inside and out. Outdoor dining overlooking the Ocean, Home office with Ocean views and a Den to relax and play. Northend Locker & Beach/Pool Badges & and chairs.

Last Agent to Rent the Property

Helen Drosos-Capone

Curran Group Real Estate Services License #1758460 Listed on: 10/16/2023

Co-Listed By

Abby Boles

Curran Group Real Estate Services License #1859145

Last Renter's Agent

Jane Imburgia

Corcoran Baer & McIntosh License #1326838

Corcoran Baer & McIntosh

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 7,405 Sq Ft Lot
  • Waterfront

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture

Interior Spaces

  • 2,977 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Crown Molding
  • Water Views
  • Partial Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Outdoor Features

  • Outdoor Pool
  • Balcony

Schools

  • H. W. Mountz Elementary And Middle School
  • Manasquan High School

Utilities

  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Basement and 1 closet
  • Short Term Lease
  • Weekly Lease Term
  • Assessor Parcel Number 47-00095-0000-00005

Home Details

Home Type

Single Family

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
  • Co List Office Mls Id: 3545
  • Co List Office Phone: 732-359-3203
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Interior Features: Balcony, Dec Molding
  • Year Built: 1920
  • Contract Info List PriceSqFt: 7.73
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.17
  • Location Middle School: H. W. Mountz
  • WaterSewer Public Water: Yes
  • General Property Info Handicap Access: No
  • Interior Balcony: Yes
  • Interior Dec Molding: Yes
  • Maintenance Fees Security Deposit3: 10.0
  • Lease Requirements Security Deposit4: Yes
  • General Property Info # Parking Spaces3: 5
  • Allowable Dogs2: Yes
  • Furnished Full2: Yes
  • Lease Terms Weekly: Yes
  • Lease Terms Short Term: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Stories: 2
  • Stories: 2
  • Basement:Partial: Yes
  • Primary Bath Shower Stall2: Yes
  • Primary Bedroom Full Bath2: Yes

Exterior Features

  • Acres: 0.17
  • Waterfront: Yes
  • Exclusions: Basement and 1 closet

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 47-00095-0000-00005

MLS Schools

  • Elementary School: H. W. Mountz
  • High School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2023
Sold by
Badishkanian Gregory R and Badishkanian Kelley B
Bought by
Badishkanian Gregory R and Badishkanian Kelley B
Current Estimated Value
$7,498,240

Purchase Details

Closed on
Jun 15, 2021
Sold by
Mclaughlin Barbara B and Mclaughlin Edwin J
Bought by
Badishkanian Gregory R and Badishkanian Kelley B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,024,875
Interest Rate
2.96%

Purchase Details

Closed on
May 17, 2021
Sold by
Mclaughlin Edwin J and Mclaughlin Barbara B
Bought by
Badishkanian Gregory R and Badishkanian Kelley B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,024,875
Interest Rate
2.96%

Purchase Details

Closed on
Sep 24, 2018
Sold by
Mastrangelo Ralph G and Mastrangelo Francis X
Bought by
Mclaughlin Ed Win I and Mclaughlin Barbara B
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
Badishkanian Gregory R -- None Listed On Document
Badishkanian Gregory R -- None Listed On Document
Badishkanian Gregory R $5,366,500 --
Badishkanian Gregory R $5,366,500 Trident Abstract Ttl Agcy Ll
Badishkanian Gregory R $5,366,500 Fidelity National Title
Mclaughlin Ed Win I $3,000,000 Title Insurance Commitment
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Badishkanian Gregory R $4,024,875
Previous Owner Badishkanian Gregory R --
Previous Owner Badishkanian Gregory R $4,024,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2024 08/02/24 Rented $92,000 +300.0% --
02/28/2024 02/28/24 Under Contract -- -- --
11/09/2023 11/09/23 Price Changed $23,000 +43.8% $8 / Sq Ft
10/16/2023 10/16/23 For Rent $16,000 -- --
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 $28,846 $6,088,200 $3,983,900 $2,104,300
2024 $27,089 $5,899,000 $3,813,900 $2,085,100
2023 $27,089 $5,385,500 $3,349,000 $2,036,500
2022 $18,589 $5,069,100 $3,130,000 $1,939,100
2021 $18,614 $3,098,200 $2,425,000 $673,200
2020 $18,583 $3,007,000 $2,360,000 $647,000
2019 $18,278 $2,901,200 $2,250,000 $651,200
2018 $17,654 $2,811,200 $2,250,000 $561,200
2017 $17,405 $2,780,400 $2,250,000 $530,400
2016 $17,591 $2,575,500 $2,224,400 $351,100
2015 $18,076 $2,589,700 $2,238,600 $351,100
2014 $18,409 $2,683,500 $2,332,400 $351,100
Source: Public Records

Agents Affiliated with this Home

  • H

    Landlord's Agent in 2024

    Helen Drosos-Capone

    Curran Group Real Estate Services

    (908) 489-4062

    4 in this area

    22 Total Sales

    Helen Drosos-Capone
    Section Image

  • A

    Landlord's Co-Listing Agent in 2024

    Abby Boles

    Curran Group Real Estate Services

    (917) 821-2514

    4 in this area

    21 Total Sales

    Abby Boles
    Section Image
  • Jane Imburgia

    Tenant's Agent in 2024

    Jane Imburgia

    Corcoran Baer & McIntosh

    (732) 581-2492

    20 Total Sales

    Jane Imburgia
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22328647

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00095-0000-00005

New Jersey Monmouth County Spring Lake 07762

1609 Ocean Ave Unit AUGUST 2024, Spring Lake, NJ

Not Listed for Sale

Detached

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Information is deemed reliable but not guaranteed.

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