NOT LISTED FOR SALE

1703 Ocean Ave Spring Lake, NJ 07762

Estimated Value: $7,335,000 - $11,090,579

5 Beds
9 Baths
6,319 Sq Ft
$1,458/Sq Ft Est. Value

Highlights

  • Beach Front
  • Ocean View
  • Home Theater
  • Community Beach Access
  • Basketball Court
  • Heated In Ground Pool

About This Home

As of April 2022

Spring Lake's Finest, an absolutely stunning home thatoffers all one expects from a Luxury Beach Rental. Oceanfront property with unobstructed views from the upper and lower balconies, porches and endless walls of windows, everything sky and Ocean. Simple, elegant, yet comfortable for all. Pool facing the Atlantic Ocean, for those who prefer to lounge peacefully by the pool. The outdoor kitchen allows for dining al fresco. Also,5 ensuite bedrooms which includes 2 Master suites, one which includes a private office over looking the Great Atlantic . Rainy days can be spent in the finished basement, with games, theater, exercise room and even a private wine cellar. (BYOB)Don't miss this chance to enjoy lovely Spring Lake, Where luxury meets casual summer fun. 7/16 to 7/30

Last Agent to Rent the Property

Anita Vandenbulcke

Ward Wight Sotheby's International Realty License #8336586 Listed on: 01/31/2022

Ward Wight Sotheby's International Realty

Co-Listed By

Keith Kernan

Ward Wight Sotheby's International Realty License #0560338

Last Renter's Agent

Louise Decker

Diane Turton, Realtors-Spring Lake License #0788666

Diane Turton, Realtors-Spring Lake

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,499

Year Built

  • Built in 2008

Lot Details

  • 0.66 Acre Lot
  • Beach Front
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Heated Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Custom Home

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Furnished
  • Curved or Spiral Staircase
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Electric Fireplace
  • Window Treatments
  • Window Screens
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Home Office
  • Atrium Room
  • Screened Porch
  • Home Gym
  • Center Hall
  • Ocean Views
  • Finished Basement
  • Walk-Out Basement
  • Home Security System

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bidet
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Shower
  • Pool Equipment Stays

Outdoor Features

  • Oceanside
  • Basketball Court
  • Balcony
  • Patio
  • Exterior Lighting
  • Outdoor Gas Grill

Schools

  • H. W. Mountz Elementary And Middle School

Utilities

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

Listing and Financial Details

  • Property Available on 7/16/22
  • Short Term Lease
  • Assessor Parcel Number 47-00096-0000-00001

Community Details

Overview

  • No Home Owners Association
  • Front Yard Maintenance
  • Association fees include trash, lawn maintenance, pool, water, sewer

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,499

Year Built

Built in 2008

Lot Details

0

Parking

2

Rental Info

  • Furnished: Furnished
  • Available Date: 2022-07-16

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • ResoPoolFeatures: Gunite, Heated, In Ground, Pool Equipment
  • Reso Association Fee Includes: Trash, Lawn Maintenance, Pool, Water, Sewer
  • Co List Office Mls Id: 2119
  • Co List Office Phone: 732-449-3322
  • Inclusions: Wall Oven, Stove Hood, Washer, Stove, Ceiling Fan(s), Central Vacuum, Screens, Security System, Microwave, Outdoor Lighting, Refrigerator, Window Treatments, Dishwasher, Dryer, Fireplace Equipment, Garage Door Opener, Gas Grill, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Custom
  • Reso Flooring: Other
  • Reso Interior Features: Atrium, Balcony, Built-Ins, Ceilings - Beamed, Center Hall, Dec Molding, Spiral Stairs, Recessed Lighting
  • Year Built: 2008
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Assigned Parking: No
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • ExteriorPatio: Yes
  • Pool Heated3: Yes
  • Fee Includes Pool3: Yes
  • General Property Info Acreage: 0.66
  • Location Middle School: H. W. Mountz
  • ExteriorFence: Yes
  • Rooms Laundry: 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 Balcony: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Foyer Two Story: Yes
  • Living Room French Doors2: Yes
  • Exterior Porch - Open: Yes
  • Included Stove Hood: Yes
  • Exterior Sprinkler Under: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • Included Window Treatments: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Pool Pool Equipment: Yes
  • GreatFamily Room Fireplace - Woodburning5: Yes
  • Kitchen Ceramic Tile3: Yes
  • Living Room Dec Molding3: Yes
  • Contract Info Available Date: 2022-07-16
  • Lease Requirements Security Deposit4: Yes
  • Garage Oversized: Yes
  • Kitchen Floor - Wood4: Yes
  • ExteriorOutdoorShower: Yes
  • Included Gas Grill: Yes
  • Common Elements Tennis Court: Yes
  • Exterior Porch - Screened: Yes
  • Rooms Breakfast: Yes
  • General Property Info # Parking Spaces3: 4/6
  • Furnished Full2: Yes
  • Interior Atrium: Yes
  • Interior Spiral Stairs: Yes
  • Living Room Built-Ins2: Yes
  • Interior Ceilings - Beamed: Yes
  • GreatFamily Room French Doors4: Yes
  • PoolGunite: Yes
  • Lease Terms Short Term: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Dining Room Floor - Wood Floor: Yes
  • Foyer Dec Molding2: Yes
  • Foyer Circular Stair: Yes
  • Dining Room Built-Ins3: Yes
  • Dining Room French Doors3: Yes
  • Rooms Exercise Room2: Yes
  • Exercise Room Level Basement30: Yes
  • Included Outdoor Lighting3: Yes
  • GreatFamily Room Fireplace - Electric7: Yes
  • Garage Heated2: Yes
  • Common Elements Swimming Pool: Yes
  • Rooms Home Theater: Yes
  • Common Elements Beach Access: Yes
  • Included Security System7: Yes
  • Exterior Oceanfront3: Yes
  • GreatFamily Room Wet Bar2: Yes
  • Exterior Beachfront3: Yes
  • Exterior Oceanside2: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Finished, Walk-Out Access, Ceilings - High
  • Basement: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Total Bedrooms: 20
  • Stories: 2
  • Stories: 2
  • Basement Finished: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Walk-Out Access: Yes
  • Other Rooms:Foyer: Yes
  • Appliances Included:Wall Oven: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Office2: Yes
  • Appliances Included:Central Vacuum: Yes
  • Primary Bedroom Floor - Wood8: Yes
  • Primary Bedroom Walk-in Closet4: Yes
  • Primary Bath Shower Stall2: Yes
  • Primary Bath Tub2: Yes
  • Primary Bedroom Full Bath2: Yes
  • Primary Bath Floor - Ceramic10: Yes
  • Primary Bedroom Level Second39: Yes
  • Primary Bath Bidet2: Yes
  • Primary Bath Walk-in Closet3: Yes

Exterior Features

  • Acres: 0.66
  • Waterfront Features: Oceanfront, Oceanview
  • Waterfront: Yes
  • Exclusions: N/A
  • Exterior Features: Fence, Outdoor Shower, Patio, Porch - Open, Porch - Screened, Sprinkler Under, Oceanfront, Oceanside, Basketball Court, Lighting
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Heated Garage, Oversized
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Geothermal, Forced Air, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes
  • Heating:Geothermal: Yes

Condo/Co-op/Association

  • Association: No
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Trash: Yes
  • AssociationHOA Fee Includes:Water: Yes

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Size Sq Ft: 28749.6
  • Parcel #: 47-00096-0000-00001

MLS Schools

  • Elementary School: H. W. Mountz

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2024
Sold by
Lucas Craig
Bought by
Craig Lucas Irrevocable Family Trust and Lucas
Current Estimated Value
$9,212,790

Purchase Details

Closed on
Feb 7, 2024
Sold by
Lucas Craig and Lucas Katherine
Bought by
Lucas Craig
Source: Public Records

Range of Values:

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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
Craig Lucas Irrevocable Family Trust -- Newmark Title
Lucas Craig -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lucas Craig $5,000,000
Previous Owner Lucas Craig M $5,000,000
Previous Owner Lucas Craig $1,000,000
Previous Owner Lucas Craig $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2022 04/26/22 Rented $87,500 0.0% --
02/26/2022 02/26/22 Price Changed $87,500 -50.0% $14 / Sq Ft
01/31/2022 01/31/22 For Rent $175,000 -- --
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 $62,499 $13,139,100 $10,414,000 $2,725,100
2024 $63,338 $12,780,900 $10,244,000 $2,536,900
2023 $63,338 $12,592,100 $10,114,000 $2,478,100
2022 $57,052 $11,839,700 $9,452,600 $2,387,100
2021 $57,052 $9,508,700 $7,323,500 $2,185,200
2020 $57,174 $9,251,400 $7,127,200 $2,124,200
2019 $55,950 $8,880,900 $6,795,000 $2,085,900
2018 $55,739 $8,875,600 $6,795,000 $2,080,600
2017 $54,853 $8,762,500 $6,795,000 $1,967,500
2016 $41,192 $6,031,100 $3,307,900 $2,723,200
2015 $42,239 $6,051,400 $3,328,200 $2,723,200
2014 $42,417 $6,183,200 $3,460,000 $2,723,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22202567

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00096-0000-00001