NOT LISTED FOR SALE

400 Sussex Ave Spring Lake, NJ 07762

Estimated Value: $4,774,000 - $6,631,505

7 Beds
7.5 Baths
5,400 Sq Ft
$1,037/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $2,350,000 $435 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $31,915/month

128 Days on Market

Highlights

  • New Construction
  • Custom Home
  • Corner Lot
  • In Ground Pool
  • 2 Fireplaces
  • 3-minute walk to Divine Park

About This Home

As of September 2020

This thoughtfully designed home is on a 75 x 150 lot. Now is the time to personalize the design. Only the finest materials and finishes will go into this creatively designed open floor-plan home. Seven bedrooms, seven full ensuite baths and one half bath on four luxurious levels. designed with every detail in mind, this home will have it all from architectural trim detail to custom designed tile. A Chefs kitchen features, will include a 48'' Subzero, 48'' Wolf range a Cove Dishwasher, and ice maker. Control 4 Smart-home, designed for a home theater, and gym. The home will be finished for entertaining. Designed for a large saltwater in ground gunite pool, 6 x 4' fire-pit, outdoor shower Cabana Bar which holds a DCS Grill, Ice-maker and Refrigerator to service the outdoors entertaining.

Last Agent to Sell the Property

Anthony Garofalo

Berkshire Hathaway HomeServices Fox & Roach - Sea Girt Listed on: 02/11/2020

Berkshire Hathaway HomeServices Fox & Roach - Sea Girt

Last Buyer's Agent

Kerry Patterson

Ward Wight Sotheby's International Realty License #0563107

Ward Wight Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,761

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Lot Dimensions are 75 x 150
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Driveway with Pavers
  • Paver Block

Home Design

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

Interior Spaces

  • 5,400 Sq Ft Home
  • 4-Story Property
  • 2 Fireplaces

Bedrooms and Bathrooms

  • 7 Bedrooms

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Pool

  • In Ground Pool
  • Saltwater Pool
  • Gunite Pool

Outdoor Features

  • Balcony
  • Patio

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 47-00050-0000-00024-02

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,761

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • ResoPoolFeatures: Gunite, In Ground, Salt Water
  • Subdivision Name: None
  • Architectural Style: Custom, Detached
  • New Construction: Yes
  • Year Built: 2020
  • Contract Info New Construction: TBB
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 75 x 150
  • General Property Info Farm: No
  • Location Middle School: H. W. Mountz
  • Lot Description Corner Lot: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 2.0
  • Roof Timberline: Yes
  • Basement Heated: Yes
  • Garage Oversized: Yes
  • Parking Paver Block: Yes
  • PoolSaltWater: Yes
  • SidingCedarShake: Yes
  • PoolGunite: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: NewHome

Interior Features

  • Basement: Ceilings - High, Finished, Full, Heated
  • Basement: Yes
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplaces: 2
  • Stories: 4
  • Basement Finished: Yes
  • Full Basement: Yes

Exterior Features

  • Roof: Timberline
  • Waterfront: No
  • Construction Type: Shake Siding
  • Exterior Features: Balcony, Patio
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: None
  • Association: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Dimensions: 75 x 150
  • Parcel #: 47-00050-0000-00024-02
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 15761.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2020
Closed on
Sep 17, 2020
Sold by
404 Sussex Avenue 2 Llc
Bought by
Auth Stephen and Auth Evelyn
Seller's Agent
Anthony Garofalo
Berkshire Hathaway HomeServices Fox & Roach - Sea Girt
Buyer's Agent
Kerry Patterson
Ward Wight Sotheby's International Realty
List Price
$3,799,000
Sold Price
$2,350,000
Premium/Discount to List
-$1,449,000
-38.14%
Current Estimated Value
$5,513,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,163,022
Avg. Annual Appreciation
17.40%
Original Mortgage
$2,000,000
Outstanding Balance
$1,804,808
Interest Rate
2.8%
Mortgage Type
Construction
Estimated Equity
$3,327,791

Purchase Details

Listed on
Aug 4, 2017
Closed on
Jan 15, 2018
Sold by
Gelson John F
Bought by
404 Sussex Ave 2 Llc
Seller's Agent
Wendy Lynn Tombs
Ward Wight Sotheby's International Realty
Buyer's Agent
Wendy Lynn Tombs
Ward Wight Sotheby's International Realty
Sold Price
$1,900,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.29%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Auth Stephen $2,200,000 Trident Abstract Ttl Agcy Ll
404 Sussex Ave 2 Llc $1,900,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Auth Stephen $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $2,350,000 -34.7% $435 / Sq Ft
04/11/2020 04/11/20 Price Changed $3,599,000 -5.3% $666 / Sq Ft
02/11/2020 02/11/20 For Sale $3,799,000 +99.9% $704 / Sq Ft
01/18/2018 01/18/18 Sold $1,900,000 -- --
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 $17,598 $3,640,100 $2,531,600 $1,108,500
2023 $17,598 $3,498,600 $2,416,000 $1,082,600
2022 $8,258 $2,198,200 $2,198,200 $0
2021 $8,258 $1,376,300 $1,376,300 $0
2020 $8,121 $1,314,000 $1,314,000 $0
2019 $8,033 $1,275,000 $1,275,000 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Anthony Garofalo

    Berkshire Hathaway HomeServices Fox & Roach - Sea Girt

    Section Image
  • Kerry Patterson

    Buyer's Agent in 2020

    Kerry Patterson

    Ward Wight Sotheby's International Realty

    (917) 576-2191

    20 in this area

    45 Total Sales

    Section Image

  • W

    Seller's Agent in 2018

    Wendy Lynn Tombs

    Ward Wight Sotheby's International Realty

    (732) 915-8780

    1 in this area

    13 Total Sales

    Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22005687

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00050-0000-00024-02

New Jersey Monmouth County Spring Lake 07762

400 Sussex Ave, Spring Lake, NJ

This home is located at 400 Sussex Ave, Spring Lake, NJ 07762 since 11 February 2020 and is currently estimated at $5,601,168, approximately $1,037 per square foot. This property was built in 2020. 400 Sussex 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.

Nearby Homes