$2,125,000
SOLD FEB 11, 2025

402 Salem Ave Spring Lake, NJ 07762

3 Beds
1.5 Baths
1,630 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$1,304 Per Sq Ft

8% Above List Price

7 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • No HOA
  • Deck
  • 1 Fireplace
  • 1 Car Attached Garage

About This Home

As of February 2025

Discover the perfect blend of location and charm in this delightful split-level home, situated just four blocks from the stunning Spring Lake beaches and the iconic South End Pavilion. Nestled on an 50x150-foot lot, this property offers plenty of room for outdoor living, entertaining, or even future expansion.As you step inside, you'll be greeted by gleaming hardwood floors that flow through the main living areas, adding timeless warmth and character. The spacious eat-in kitchen, complete with solid wood cabinets, invites you to create culinary delights in a space that combines functionality and charm. With 3 bedrooms, 1.5 baths, and the convenience of a one-car garage, this home is an ideal setting for year-round living or a serene beachside escape. Located just moments from Spring Lake's vibrant downtown, you'll enjoy easy access to boutique shopping, acclaimed dining, and the charm of this sought-after community. Make your coastal living dreams a reality, schedule your private showing today!

Last Agent to Sell the Property

David Kopic

RE/MAX Revolution License #2079510 Listed on: 12/23/2024

RE/MAX Revolution

Last Buyer's Agent

Edward James Szumski

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake License #1644256

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,195

Year Built

  • Built in 1955

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Parking

  • 1 Car Attached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Split Level Home
  • Shingle Roof

Interior Spaces

  • 1,630 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Water Views
  • Eat-In Kitchen

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck

Schools

  • H. W. Mountz Elementary And Middle School

Utilities

  • Central Air
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 47-00027-0000-00025

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,195

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Reso View: Waterview
  • Subdivision Name: None
  • Architectural Style: Split Level
  • Reso Flooring: Ceramic Tile, Wood, Other
  • Year Built: 1955
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.17
  • General Property Info Lot Dimensions: 50 x 150
  • Location Middle School: H. W. Mountz
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • Foyer Floor - Wood: Yes
  • ExteriorDeck: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Wood4: Yes
  • GreatFamily Room Floor - WW Carpet4: Yes
  • GreatFamily Room Floor - Ceramic5: Yes
  • Style Split Level: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Stories: 1
  • Basement:None2: Yes
  • Primary Bedroom:Floor - Wood6: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Topography: Level
  • Waterfront: No
  • Patio And Porch Features: Deck

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Driveway, On Street
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Radiant, Hot Water, Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Dimensions: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 47-00027-0000-00025
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6195.0

MLS Schools

  • Elementary School: H. W. Mountz

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2024
Closed on
Jan 17, 2025
Sold by
Bourke John J and Bourke John K
Bought by
Fiumefreddo Michael
Seller's Agent
David Kopic
RE/MAX Revolution
Buyer's Agent
Edward James Szumski
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
List Price
$1,960,000
Sold Price
$2,125,000
Premium/Discount to List
$165,000
8.42%
Views
22
Current Estimated Value
$2,176,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,374
Avg. Annual Appreciation
3.63%

Purchase Details

Closed on
Sep 16, 2008
Sold by
Bourke John J and Bourke Virginia
Bought by
Bourke John J

Purchase Details

Closed on
May 6, 2003
Sold by
Bourke Joohn
Bought by
Bourke John and Bourke Virginia

Purchase Details

Closed on
Jan 12, 1994
Sold by
Barbarossa Fred
Bought by
Bourke John and Bourke Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.11%
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 Type Sale Price Title Company
Deed $2,125,000 Town Title
Deed $2,125,000 Town Title
Interfamily Deed Transfer -- None Available
Deed -- --
Deed $265,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2025 02/11/25 Sold $2,125,000 +8.4% $1,304 / Sq Ft
12/30/2024 12/30/24 Pending -- -- --
12/23/2024 12/23/24 For Sale $1,960,000 -- $1,202 / 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 $6,298 $1,390,300 $1,140,000 $250,300
2024 $6,195 $1,287,900 $1,055,000 $232,900
2023 $6,195 $1,231,600 $1,004,100 $227,500
2022 $5,200 $1,130,600 $914,000 $216,600
2021 $5,200 $953,900 $758,000 $195,900
2020 $5,706 $923,300 $735,000 $188,300
2019 $5,782 $917,800 $735,000 $182,800
2018 $5,737 $913,500 $735,000 $178,500
2017 $5,438 $868,700 $700,000 $168,700
2016 $6,603 $966,800 $828,600 $138,200
2015 $6,354 $946,200 $808,000 $138,200
2014 $6,065 $920,600 $782,400 $138,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22435651

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00027-0000-00025