NOT LISTED FOR SALE

205 Atlantic Ave Spring Lake, NJ 07762

Estimated Value: $4,454,000 - $5,648,000

6 Beds
6.5 Baths
2,441 Sq Ft
$2,131/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $5,199,000 $2,130 Per Sq Ft

Current estimated payment $29,591/month

20 Days on Market

Highlights

  • Ocean View
  • Gunite Pool
  • 1 Fireplace
  • New Construction
  • Custom Home
  • No HOA

About This Home

As of July 2021

Being constructed on an oversized lot 60 x 150 Lot, close to the beach and built by one of the area's premier Builders, all 4 floors to include the design and finishes you would anticipate in a custom home in Spring Lake. Spacious first floor, very open to allow sunlight and connection for your family to enjoy, as well a connection to your outdoors, which are a part of this design masterpiece. The second floor includes 2 en-suite large bedrooms and one very large Master Bedroom and bath. The third floor, has 2 additional bedroom s and a bath as well as a loft area for entertaining. Full finished basement with a gym, optional wine cellar and bar and Living room. Home to include an outdoor cabana bar, a heated saltwater Gunite pool, fire-pit and an outdoor kitchen to enjoy the outdoor.

Last Agent to Sell the Property

Anthony Garofalo

Berkshire Hathaway HomeServices Fox & Roach - Sea Girt Listed on: 05/18/2021

Berkshire Hathaway HomeServices Fox & Roach - Sea Girt

Last Buyer's Agent

Kim Evans

M. Van Sciver REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,761

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 60 x 150
  • Oversized Lot

Parking

  • 2 Car Garage
  • Driveway with Pavers
  • Paver Block

Home Design

  • Home to be built
  • Custom Home
  • Asphalt Rolled Roof
  • Cedar Shake Siding
  • Shake Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Ocean Views
  • Home Security System
  • Finished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms

Pool

  • Gunite Pool
  • Saltwater Pool

Outdoor Features

  • Balcony

Schools

  • H. W. Mountz Elementary And Middle School
  • St. Rose High School

Utilities

  • Zoned Cooling
  • Heating System Uses Natural Gas
  • Power Generator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Custom

Listing and Financial Details

  • Assessor Parcel Number 47-00029-0000-00003

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,761

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Model: Custom
  • ResoLotFeatures: Oversized
  • ResoPoolFeatures: Gunite, Heated, Salt Water
  • Inclusions: Security System, Generator
  • Subdivision Name: None
  • Architectural Style: Custom
  • New Construction: Yes
  • Year Built: 2021
  • Contract Info New Construction: TBB
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Pool Heated3: Yes
  • General Property Info Acreage: 0.21
  • General Property Info Lot Dimensions: 60 x 150
  • General Property Info Farm: No
  • Location Middle School: H. W. Mountz
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Roof Timberline: Yes
  • Lot Description Oversized3: Yes
  • Utilities Included Generator: Yes
  • Included Security System2: Yes
  • Parking Paver Block: Yes
  • PoolSaltWater: Yes
  • SidingCedarShake: Yes
  • PoolGunite: Yes
  • Cooling 3 Zoned AC: Yes
  • Special Features: NewHome

Interior Features

  • Basement: Finished
  • Basement: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplaces: 1
  • Stories: 2
  • Basement Finished: Yes

Exterior Features

  • Roof: Timberline
  • Acres: 0.21
  • Waterfront Features: Oceanview
  • Waterfront: No
  • Construction Type: Shake Siding
  • Exterior Features: Balcony

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Association: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Dimensions: 60 x 150
  • Lot Size Sq Ft: 9147.6
  • Parcel #: 47-00029-0000-00003
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 12761.0

MLS Schools

  • Elementary School: H. W. Mountz
  • High School: St. Rose High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2021
Closed on
Jul 9, 2021
Sold by
Shore Home Builders Inc
Bought by
Hathanger Llc
Seller's Agent
Anthony Garofalo
Berkshire Hathaway HomeServices Fox & Roach - Sea Girt
Buyer's Agent
Kim Evans
M. Van Sciver REALTORS
List Price
$5,199,000
Sold Price
$5,199,000
Current Estimated Value
$5,201,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,250
Avg. Annual Appreciation
0.01%

Purchase Details

Listed on
Aug 24, 2020
Closed on
Feb 10, 2021
Sold by
Reidy Gary and Reidy Judith
Bought by
Shore Home Builders Inc
Seller's Agent
Bonnie O'Malley
Bonnie O' Malley Realtor
Buyer's Agent
Anthony Garofalo
D'Amico & McConnell Realtors
List Price
$2,299,000
Sold Price
$1,900,000
Premium/Discount to List
-$399,000
-17.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1418.90%
Original Mortgage
$2,960,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 2015
Sold by
Sherwood Suzanne
Bought by
Brien John O and Brien Eugene O

Purchase Details

Closed on
Feb 2, 1999
Sold by
Reidy Gary
Bought by
Boo Of Woodbridge Inc

Purchase Details

Closed on
Mar 29, 1998
Sold by
Penn Capital Inc
Bought by
Reidy Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Hathanger Llc $2,750,000 Anchor Title Agency Llc
Shore Home Builders Inc $1,900,000 Associated Title Agency Llc
Shore Home Builders Inc $1,900,000 None Listed On Document
Brien John O -- Professional Abstract
Boo Of Woodbridge Inc $546,715 --
Reidy Gary $540,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shore Home Builders Inc $2,960,000
Previous Owner Reidy Gary $190,000
Previous Owner Reidy Gary $1,231,000
Previous Owner Reidy Gary $417,000
Previous Owner Reidy Gary $450,000
Previous Owner Reidy Gary $432,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $5,199,000 0.0% $2,130 / Sq Ft
05/18/2021 05/18/21 For Sale $5,199,000 +173.6% $2,130 / Sq Ft
02/25/2021 02/25/21 Sold $1,900,000 -17.4% $778 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $2,299,000 -- $942 / 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 $10,388 $3,842,200 $2,277,000 $1,565,200
2023 $10,388 $2,065,200 $2,065,200 $0
2022 $12,792 $1,876,900 $1,876,900 $0
2021 $12,792 $2,132,000 $1,537,000 $595,000
2020 $12,761 $2,064,900 $1,493,000 $571,900
2019 $12,672 $2,011,400 $1,456,000 $555,400
2018 $12,548 $1,998,100 $1,456,000 $542,100
2017 $11,972 $1,912,400 $1,400,000 $512,400
2016 $13,229 $1,936,900 $1,307,000 $629,900
2015 $13,520 $1,936,900 $1,307,000 $629,900
2014 $13,287 $1,936,900 $1,307,000 $629,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22115506

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00029-0000-00003