NOT LISTED FOR SALE

404 Sussex Ave Spring Lake, NJ 07762

Estimated Value: $5,265,000 - $7,003,170

7 Beds
7.5 Baths
5,400 Sq Ft
$1,110/Sq Ft Est. Value

Last Sold November 09, 2020

Last sale price $3,850,000 $713 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $33,660/month

59 Days on Market

Highlights

  • New Construction
  • Wood Flooring
  • Sitting Room
  • Custom Home
  • No HOA
  • 3-minute walk to Divine Park

About This Home

As of November 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: 08/31/2020

Berkshire Hathaway HomeServices Fox & Roach - Sea Girt

Last Buyer's Agent

Kerry Tice

D'Amico & McConnell Realtors License #1537494

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,152

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Lot Dimensions are 75 x 150
  • Oversized Lot

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry
  • Driveway

Home Design

  • Home to be built
  • Custom Home
  • Asphalt Rolled Roof
  • Vinyl Siding

Interior Spaces

  • 5,400 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Crown Molding
  • Wood Burning Fireplace
  • French Doors
  • Entrance Foyer
  • Family Room
  • Sitting Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms

Pool

  • Saltwater Pool
  • Gunite Pool

Outdoor Features

  • Porch

Schools

  • H. W. Mountz Elementary And Middle School

Utilities

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

Community Details

  • No Home Owners Association
  • New Construction

Listing and Financial Details

  • Assessor Parcel Number 47-00050-0000-00024-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,152

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Model: New Construction
  • ResoLotFeatures: Oversized
  • ResoPoolFeatures: Gunite, Salt Water
  • Inclusions: Security System
  • Subdivision Name: None
  • Architectural Style: Custom, Detached
  • Reso Flooring: Ceramic Tile
  • Reso Interior Features: Built-Ins, Dec Molding, French Doors
  • 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
  • General Property Info Lot Dimensions: 75 x 150
  • General Property Info Farm: No
  • Location Middle School: H. W. Mountz
  • Living Room Floor - Wood2: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Interior Dec Molding: Yes
  • Interior French Doors: Yes
  • Living Room French Doors2: Yes
  • Exterior Porch - Open: Yes
  • Foyer Floor - Wood: Yes
  • Roof Timberline: Yes
  • Lot Description Oversized3: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Living Room Dec Molding3: Yes
  • Rooms Sitting: Yes
  • Included Security System2: Yes
  • Rooms Breakfast: Yes
  • PoolSaltWater: Yes
  • Garage Storage Above: Yes
  • PoolGunite: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: NewHome

Interior Features

  • Basement: Ceilings - High, Finished, Full
  • Basement: Yes
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplaces: 1
  • Total Bedrooms: 15
  • Stories: 4
  • Basement Finished: Yes
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Foyer: Yes
  • Appliances:Water Heater - Tankless: Yes

Exterior Features

  • Roof: Timberline
  • Topography: Level
  • Waterfront: No
  • Exterior Features: Porch - Open
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Paved, Driveway, Storage
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking:Paved: 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: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Dimensions: 75 x 150
  • Parcel #: 47-00050-0000-00024-01
  • Zoning Description: Residential

MLS Schools

  • Elementary School: H. W. Mountz

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2020
Closed on
Nov 6, 2020
Sold by
404 Sussex Avenue 2 Llc
Bought by
Marmo Anthony and Marmo Nicole
Seller's Agent
Anthony Garofalo
Berkshire Hathaway HomeServices Fox & Roach - Sea Girt
Buyer's Agent
Kerry Tice
D'Amico & McConnell Realtors
List Price
$3,699,000
Sold Price
$3,850,000
Premium/Discount to List
$151,000
4.08%
Current Estimated Value
$5,991,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,141,723
Avg. Annual Appreciation
9.64%
Original Mortgage
$2,000,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 31, 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 Tice
D'Amico & McConnell Realtors
List Price
$3,699,000
Sold Price
$3,850,000
Premium/Discount to List
$151,000
4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2018
Sold by
Gelson John F
Bought by
404 Sussex Ave 2 Llc

Purchase Details

Closed on
Dec 5, 2017
Sold by
Gelson John F
Bought by
Gelson John F and Robert Meehan Estate
Source: Public Records

Range of Values:

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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
Marmo Anthony $2,200,000 Foundation Title Llc
Marmo Anthony $2,200,000 Foundation Title
Auth Stephen $2,200,000 Trident Abstract Ttl Agcy Ll
Auth Stephen $2,200,000 Trident Abstract Title
404 Sussex Ave 2 Llc $1,900,000 Chicago Title
404 Sussex Ave 2 Llc $1,900,000 Chicago Title
Gelson John F -- Acres Land Title
Source: Public Records

Mortgage History

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

Property History

Date Event Price Change Sq Ft Price
11/09/2020 11/09/20 Sold $3,850,000 +4.1% $713 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
08/31/2020 08/31/20 For Sale $3,699,000 -- $685 / 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 $12,152 $4,108,000 $2,531,600 $1,576,400
2023 $12,152 $2,416,000 $2,416,000 $0
2022 $8,257 $2,198,200 $2,198,200 $0
2021 $8,257 $1,376,300 $1,376,300 $0
2020 $11,432 $1,849,800 $1,314,000 $535,800
2019 $8,033 $1,275,000 $1,275,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22030818

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00050-0000-00024-01