NOT LISTED FOR SALE

208 Atlantic Ave Spring Lake, NJ 07762

Estimated Value: $2,344,000 - $3,644,000

0.4 Acre
$8,200,132 Price per Acre
17,424 Sq Ft Lot

Last Sold December 21, 2023

Last sale price $3,175,000 $1,591 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $19,083/month

30 Days on Market

About This Lot

As of December 2023

OVERSIZED SPRING LAKE, NJ LOT, 2 BLOCKS from the ATLANTIC OCEAN. 115x150 FT of rare land with the ultimate privacy, High & Dry to build a dream home up to 9,487 SF. Updated topographic survey with building envelope and R-1 zoning schedule attached. Just 60 miles from NYC and 70 miles from Philadelphia, Spring Lake is widely regarded as the Jersey Shore's most sought-after and exclusive community, Spring Lake exudes elegance and sophistication, safety and charm.

Last Agent to Sell the Property

Victoria McDougal

Compass New Jersey, LLC License #1539138 Listed on: 09/30/2023

Compass New Jersey, LLC

Last Buyer's Agent

Frank Pento

Robert DeFalco Realty Inc. License #0338197

Robert DeFalco Realty Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,468

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 115 x 150

Schools

  • H. W. Mountz Elementary And Middle School

Additional Features

  • Electricity Available at Street
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 47-00034-0000-00016

Property Details

Property Type

Land

Est. Annual Taxes

$13,468

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Other
  • Subdivision Name: None
  • General Property Info Waterview: No
  • General Property Info Acreage: 0.4
  • General Property Info Lot Dimensions: 115 x 150
  • Location Middle School: H. W. Mountz
  • WaterSewer Public Water: Yes
  • WaterSewer Public Sewer at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Special Features: VirtualTour

Exterior Features

  • Acres: 0.4
  • Waterfront: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Dimensions: 115 x 150
  • Lot Size Sq Ft: 17424.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 47-00034-0000-00016
  • Zoning Description: Single Family

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 13468.0

MLS Schools

  • Elementary School: H. W. Mountz

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2023
Closed on
Dec 27, 2023
Sold by
Evans Catherine
Bought by
Patel Falguni
Seller's Agent
Victoria McDougal
Compass New Jersey, LLC
Buyer's Agent
Frank Pento
Robert DeFalco Realty Inc.
List Price
$3,698,000
Sold Price
$3,175,000
Premium/Discount to List
-$523,000
-14.14%
Views
58
Current Estimated Value
$3,280,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,053
Avg. Annual Appreciation
1.96%
Original Mortgage
$1,675,000
Outstanding Balance
$1,606,070
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$1,673,983
Source: Public Records

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
Patel Falguni $3,175,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Falguni $1,675,000
Previous Owner Quinn Thomas D $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2023 12/21/23 Sold $3,175,000 -14.1% $1,591 / Sq Ft
10/31/2023 10/31/23 Pending -- -- --
09/30/2023 09/30/23 For Sale $3,698,000 -- $1,853 / 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
2025 $14,954 $3,383,000 $3,383,000 --
2024 $14,414 $3,058,000 $3,058,000 $0
2023 $14,414 $2,865,700 $2,846,200 $19,500
2022 $11,755 $2,605,000 $2,586,400 $18,600
2021 $11,755 $2,134,100 $2,117,300 $16,800
2020 $12,811 $2,073,000 $2,056,800 $16,200
2019 $12,737 $2,021,700 $2,006,000 $15,700
2018 $12,694 $2,021,300 $2,006,000 $15,300
2017 $12,298 $1,964,500 $1,950,000 $14,500
2016 $11,147 $1,632,100 $1,496,000 $136,100
2015 $11,392 $1,632,100 $1,496,000 $136,100
2014 $11,196 $1,632,100 $1,496,000 $136,100
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2023

    Victoria McDougal

    Compass New Jersey, LLC

    (732) 295-8099

    1 in this area

    6 Total Sales

    Victoria McDougal
    Section Image
  • Frank Pento

    Buyer's Agent in 2023

    Frank Pento

    Robert DeFalco Realty Inc.

    (732) 687-4301

    1 in this area

    36 Total Sales

    Frank Pento
    Section Image
  • Lillian LoRusso

    Buyer Co-Listing Agent in 2023

    Lillian LoRusso

    Robert DeFalco Realty Inc.

    (908) 489-1005

    1 in this area

    35 Total Sales

    Lillian LoRusso
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22327316

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00034-0000-00016

New Jersey Monmouth County Spring Lake 07762

208 Atlantic Ave, Spring Lake, NJ

This home is located at 208 Atlantic Ave, Spring Lake, NJ 07762 since 30 September 2023 and is currently estimated at $3,280,053, approximately $1,643 per square foot. 208 Atlantic Ave is a home located in Monmouth County with nearby schools including 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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