NOT LISTED FOR SALE

416 Ludlow Ave Spring Lake, NJ 07762

Estimated Value: $939,000 - $1,468,000

2 Beds
1 Bath
714 Sq Ft
$1,745/Sq Ft Est. Value

Highlights

  • Cottage
  • Forced Air Heating System
  • 1-Story Property
  • Multiple cooling system units

About This Home

As of June 2021

Enchanting 2 bedroom 1 bath Seashore Cottage in the affluent town of Spring Lake with lots of charm and character. As you walk up to this cottage and enter into the enclosed lovely front porch, you will notice the hidden charm and privacy that surrounds this winter rental and lot size. Enclosed front porch leads to nice sized living room, master bedroom, 2nd bedroom, great size eat-in kitchen, plus 1st floor laundry off kitchen. Great backyard for relaxing. Charming shops and eateries on 3rd Ave to visit and spectacular Spring Lake Beach and boardwalk. Hurry this will not last!!

Last Agent to Rent the Property

Janine DelTufo

Keller Williams Realty Central Monmouth License #9807751 Listed on: 09/08/2020

Keller Williams Realty Central Monmouth

Last Renter's Agent

Janine Del Tufo

Mack Morris Thomas Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,341

Year Built

  • Built in 1925

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • No Garage

Home Design

  • Cottage

Interior Spaces

  • 1-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • H. W. Mountz Elementary And Middle School

Utilities

  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Property Available on 9/7/20
  • Ask Agent About Lease Term
  • Assessor Parcel Number 47-00116-0000-00018

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,341

Year Built

Built in 1925

Lot Details

0

Rental Info

  • Available Date: 2020-09-07

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Cottage/Bungalow
  • Year Built: 1925
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Assigned Parking: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.1
  • Location Middle School: H. W. Mountz
  • WaterSewer Public Water: Yes
  • General Property Info Handicap Access: No
  • Garage None4: Yes
  • Contract Info Available Date: 2020-09-07
  • Cooling Multi Units: Yes
  • Style CottageBungalow: Yes
  • General Property Info # Parking Spaces3: 0
  • Lease Terms Winter: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Stories: 1
  • Basement:Partial: Yes

Exterior Features

  • Acres: 0.1
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Size Sq Ft: 4356.0
  • Parcel #: 47-00116-0000-00018

MLS Schools

  • Elementary School: H. W. Mountz

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2021
Sold by
Merck Eileen M and Mcdonald Eileen M
Bought by
Merck Eileen M and Merck Elizabeth
Current Estimated Value
$1,246,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,500
Outstanding Balance
$499,269
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$818,361
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
Merck Eileen M $730,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merck Eileen M $547,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Rented $18,000 +900.0% --
06/01/2021 06/01/21 Under Contract -- -- --
09/08/2020 09/08/20 For Rent $1,800 -- --
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 $4,341 $1,005,300 $945,800 $59,500
2024 $3,691 $887,800 $875,800 $12,000
2023 $3,691 $733,700 $722,000 $11,700
2022 $3,368 $948,800 $937,600 $11,200
2021 $3,368 $748,500 $738,400 $10,100
2020 $4,485 $725,700 $716,000 $9,700
2019 $4,494 $713,400 $704,000 $9,400
2018 $4,479 $713,200 $704,000 $9,200
2017 $4,462 $712,700 $704,000 $8,700
2016 $4,886 $715,400 $666,100 $49,300
2015 $4,868 $697,400 $648,100 $49,300
2014 $4,643 $676,800 $627,500 $49,300
Source: Public Records

Agents Affiliated with this Home

  • Janine DelTufo

    Landlord's Agent in 2021

    Janine DelTufo

    Keller Williams Realty Central Monmouth

    (908) 692-9407

    34 Total Sales

    Janine DelTufo
    Section Image

  • J

    Tenant's Agent in 2021

    Janine Del Tufo

    Mack Morris Thomas Realtors

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22031963

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00116-0000-00018

New Jersey Monmouth County Spring Lake 07762

416 Ludlow Ave, Spring Lake, NJ

This home is located at 416 Ludlow Ave, Spring Lake, NJ 07762 since 08 September 2020 and is currently priced at $1,246,100. This property was built in 1925. 416 Ludlow Ave is a home located in Monmouth County with nearby schools including St. Catharine School and St Rose High 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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