NOT LISTED FOR SALE

Estimated Value: $786,000 - $917,054

0.4 Acre
$2,077,149 Price per Acre
17,511 Sq Ft Lot

Last Sold August 23, 2024

Last sale price $780,000 $529 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,211/month

61 Days on Market

About This Lot

As of August 2024

Attention all builders and investors!! Approved plans and ready to go. Amazing condo opportunity in Spring Lake Heights! Close to shopping, restaurants and Spring Lake beaches. Mixed use residential/professional use..5 units in total for residential along with a professional unit. Storage units at rear of bldg. Property has been cleared and is ready to go. 100x 175 lot size. All approvals have been met. Please contact listing agent for architectural and site plans that come with the property. Please do not walk property. Approved architectural & site plans available upon request.

Last Listed By

Mary Reilly

D'Amico & McConnell Realtors License #0343105 Listed on: 05/17/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,720

Year Built

  • 1923

Lot Details

  • Lot Dimensions are 100 x 175
  • Level Lot
  • Cleared Lot

Schools

  • Spring Lake Heights Middle School
  • Manasquan High School

Additional Features

  • Electricity Available at Street
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 48-00059-0000-00039

Property Details

Property Type

Land

Est. Annual Taxes

$6,720

Year Built

1923

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Level, Cleared, Sidewalks
  • Subdivision Name: None
  • General Property Info Waterview: No
  • General Property Info Lot Dimensions: 100 x 175
  • Location Middle School: Spring Lake Heights
  • WaterSewer Public Sewer at Street: Yes
  • WaterSewer Public Water at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Lot Description Cleared: Yes
  • Special Features: None
  • Year Built: 1923

Exterior Features

  • Waterfront: No

Schools

  • Middle Or Junior School: Spring Lake Heights

Lot Info

  • Lot Dimensions: 100 x 175
  • Parcel #: 48-00059-0000-00039
  • Zoning Description: Professional, Mixed, Has Variance

MLS Schools

  • High School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Aug 27, 2024
Sold by
Motzenbecker Helen
Bought by
Rmh At Slh Llc
Seller's Agent
Mary Reilly
D'Amico & McConnell Realtors
Buyer's Agent
Mary Reilly
D'Amico & McConnell Realtors
List Price
$1,299,000
Sold Price
$780,000
Premium/Discount to List
-$519,000
-39.95%
Total Days on Market
61
Views
11
Current Estimated Value
$835,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,014
Avg. Annual Appreciation
10.38%
Original Mortgage
$750,000
Outstanding Balance
$745,421
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$89,593

Purchase Details

Listed on
Aug 21, 2020
Closed on
Oct 14, 2020
Sold by
Merriken Heather Grace and Estate Of Robert Thomas Merrik
Bought by
Motzenbecker Helen
Seller's Agent
Noelle Garifine
Diane Turton, Realtors-Asbury Park
Buyer's Agent
Mary Fay Reilly
Coldwell Banker Realty
List Price
$585,000
Sold Price
$586,000
Premium/Discount to List
$1,000
0.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%

Purchase Details

Closed on
Sep 8, 2006
Sold by
Lanci Dominick
Bought by
Merriken Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2001
Sold by
Smith Dorothy
Bought by
Lanci Dominick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7.09%

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
Rmh At Slh Llc $780,000 Two Rivers Title
Motzenbecker Helen $586,000 Surety Ttl Agcy Coastal Regi
Merriken Robert $525,000 --
Lanci Dominick $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rmh At Slh Llc $750,000
Previous Owner Merriken Robert $328,600
Previous Owner Merriken Robert $385,000
Previous Owner Lanci Dominick $212,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $780,000 -13.2% $529 / Sq Ft
07/17/2024 07/17/24 Pending -- -- --
06/21/2024 06/21/24 Price Changed $899,000 -18.3% $609 / Sq Ft
06/02/2024 06/02/24 Price Changed $1,100,000 -15.3% $746 / Sq Ft
05/17/2024 05/17/24 For Sale $1,299,000 +121.7% $881 / Sq Ft
10/21/2020 10/21/20 Sold $586,000 +0.2% $397 / Sq Ft
09/24/2020 09/24/20 For Sale $585,000 0.0% $397 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $585,000 -- $397 / Sq Ft
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
2024 $6,720 $630,000 $630,000 $0
2023 $6,720 $600,000 $600,000 $0
2022 $6,693 $528,000 $528,000 $0
2021 $6,693 $656,200 $480,000 $176,200
2020 $8,691 $640,000 $480,000 $160,000
2019 $8,718 $635,400 $480,000 $155,400
2018 $8,794 $623,700 $480,000 $143,700
2017 $8,458 $621,900 $480,000 $141,900
2016 $8,208 $596,100 $456,000 $140,100
2015 $7,806 $568,500 $432,000 $136,500
2014 $6,762 $503,500 $432,000 $71,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22413918

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 48-00059-0000-00039