NOT LISTED FOR SALE

2040 New Bedford Rd Spring Lake, NJ 07762

Wall Township Neighborhood

Estimated Value: $577,000 - $743,000

0.5 Acre
$1,320,806 Price per Acre
21,780 Sq Ft Lot

Last Sold February 22, 2022

Last sale price $430,000

Est. 57% increase in value since last sale

Current estimated payment $4,315/month

191 Days on Market

About This Lot

As of February 2022

Amazing shore location bordering Spring Lake Heights, build your dream home! Just minutes to the beach, charming Spring Lake downtown, Allaire State Park, Capital Coast Trail for biking/walking, Spring Lake Golf Course, Whole Foods, new Shoprite and a variety of great restaurants and shopping. Spacious .5+ acre lot, plenty of room for your pool and backyard oasis. Tired of waiting for the right house to come on the market? Here is your chance to get exactly what you're looking for! Less then 2 miles to the beach! Excellent restaurants within walking distance. This is the location you have been waiting for!

Last Agent to Sell the Property

Judith Collan

Keller Williams Realty Spring Lake License #0560934 Listed on: 08/09/2021

Keller Williams Realty Spring Lake

Last Buyer's Agent

NON MEMBER

VRI Homes

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,931

Lot Details

  • 0.5 Acre Lot
  • Level Lot

Schools

  • Wall Intermediate

Additional Features

  • Electricity Available at Street
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 52-00273-0000-00024

Property Details

Property Type

Land

Est. Annual Taxes

$6,931

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • General Property Info Waterview: No
  • General Property Info Acreage: 0.5
  • Location Middle School: Wall Intermediate
  • WaterSewer Public Sewer at Street: Yes
  • WaterSewer Public Water at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Special Features: None

Exterior Features

  • Acres: 0.5
  • Waterfront: No

Schools

  • Middle Or Junior School: Wall Intermediate

Lot Info

  • Lot Size Sq Ft: 21780.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 52-00273-0000-00024
  • Zoning Description: Single Family, Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2021
Closed on
Jan 13, 2022
Sold by
Bozza and Kathleen
Bought by
Munoz Real Estate Assets Llc
Seller's Agent
Judith Collan
Keller Williams Realty Spring Lake
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$430,000
Sold Price
$430,000
Current Estimated Value
$676,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,605
Avg. Annual Appreciation
12.88%
Original Mortgage
$591,500
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2018
Sold by
Vitale Emma P
Bought by
Bozza Thomas and Bozz Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.8%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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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
Munoz Real Estate Assets Llc $430,000 Fidelity National Title
Bozza Thomas $400,000 Coastal Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Munoz Real Estate Assets Llc $591,500
Previous Owner Bozza Thomas $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2022 02/22/22 Sold $430,000 0.0% --
02/17/2022 02/17/22 Pending -- -- --
01/22/2022 01/22/22 For Sale $430,000 0.0% --
01/06/2022 01/06/22 Pending -- -- --
12/07/2021 12/07/21 For Sale $430,000 0.0% --
09/30/2021 09/30/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $430,000 -- --
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
2024 $6,931 $338,600 $327,100 $11,500
2023 $6,931 $338,600 $327,100 $11,500
2022 $6,866 $343,800 $327,100 $16,700
2021 $6,866 $343,800 $327,100 $16,700
2020 $6,783 $343,800 $327,100 $16,700
2019 $7,767 $398,500 $327,100 $71,400
2018 $7,699 $398,500 $327,100 $71,400
2017 $7,548 $398,500 $327,100 $71,400
2016 $7,388 $398,500 $327,100 $71,400
2015 $5,590 $189,500 $139,400 $50,100
2014 $5,197 $180,200 $130,100 $50,100
Source: Public Records

Agents Affiliated with this Home

  • Judith Collan

    Seller's Agent in 2022

    Judith Collan

    Keller Williams Realty Spring Lake

    (732) 221-7115

    8 in this area

    45 Total Sales

    Section Image

  • N

    Buyer's Agent in 2022

    NON MEMBER

    VRI Homes

  • N

    Buyer's Agent in 2022

    NON MEMBER MORR

    NON MEMBER

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22126311

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 52-00273-0000-00024

New Jersey Monmouth County Spring Lake 07762 Wall Township

2040 New Bedford Rd, Spring Lake, NJ

This home is located at 2040 New Bedford Rd, Spring Lake, NJ 07762 since 09 August 2021 and is currently estimated at $660,403. 2040 New Bedford Rd is a home located in Monmouth County with nearby schools including Wall High School, The Brookside 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.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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