NOT LISTED FOR SALE

416 Mercer Ave Spring Lake, NJ 07762

Estimated Value: $2,897,000 - $3,675,000

5 Beds
3 Baths
3,159 Sq Ft
$1,081/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $2,950,000 $934 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $19,138/month

7 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Wood Flooring
  • No HOA
  • Deck
  • Shore Colonial Architecture
  • 3-minute walk to Divine Park

About This Home

As of April 2023

One of the most ideal places to live at the Jersey Shore. Located 4 blocks to Spring Lake's Beach and Boardwalk and a short distance to the SL train station, downtown shops and more. This home offers 5 spacious Bedrooms, 3 Full Baths, 2 Gas Fireplaces and more. The first floor features an open floor plan with a sunny kitchen, center breakfast island and dining area plus a living room with gas fireplace and built-in bookcases plus lots of windows. The first floor also includes a
study, formal dining room and en suite bedroom, ideal for guests. The second floor offers 4 Bedrooms and 2 Full Baths. The primary en suite bedroom has 2 walk-in closets and a gas fireplace. The two front Bedrooms offer balcony access. This home has a large, unfinished basement, waiting for your personal touch.

Last Agent to Sell the Property

Lauren Gill

Diane Turton, Realtors-Spring Lake License #9805901 Listed on: 02/01/2023

Diane Turton, Realtors-Spring Lake

Last Buyer's Agent

Chris Smith

Chris Smith Realty License #8441824

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,997

Year Built

  • Built in 2000

Lot Details

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

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Shore Colonial Architecture
  • Shingle Roof
  • Asphalt Rolled Roof
  • Vinyl Siding

Interior Spaces

  • 3,159 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • 2 Fireplaces
  • Gas Fireplace
  • Blinds
  • Window Screens
  • Sliding Doors
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Center Hall
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

  • H. W. Mountz Elementary And Middle School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 47-00060-0000-00015-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,997

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Screens, Garbage Disposal
  • Subdivision Name: None
  • Architectural Style: Detached, Shore Colonial, 2 Story
  • Reso Flooring: Ceramic Tile, Wood
  • Reso Interior Features: Attic - Pull Down Stairs, Balcony, Built-Ins, Ceilings - 9Ft+ 1st Flr, Center Hall, Dec Molding, Den, Sliding Door, Recessed Lighting
  • Year Built: 2000
  • Contract Info List PriceSqFt: 949.35
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • Exterior Balcony2: Yes
  • General Property Info Acreage: 0.17
  • General Property Info Lot Dimensions: 50 x 150
  • General Property Info Farm: No
  • Location Middle School: H. W. Mountz
  • Interior Attic - Pull Down Stairs: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Parking Asphalt: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 2.0
  • Interior Balcony: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Foyer Two Story: Yes
  • Interior Den: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • Living Room Fireplace - Gas7: Yes
  • Kitchen Sliding Door5: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • Roof Timberline: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Dec Molding5: Yes
  • Style Shore Colonial: Yes
  • Kitchen Floor - Wood4: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Water Heater Tank: Yes
  • Included Garbage Disposal: Yes
  • Living Room Built-Ins2: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Style 2 Story: Yes
  • Special Features: None

Interior Features

  • Basement: Ceilings - High, Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Basement:Unfinished: Yes
  • Other Rooms:Basement3: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bedroom Fireplace - Gas2: Yes

Exterior Features

  • Roof: Timberline, Shingle
  • Acres: 0.17
  • Waterfront: No
  • Exterior Features: Balcony, Deck, Porch - Covered
  • Features Exterior:Porch Covered: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Asphalt, Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: 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 #: 47-00060-0000-00015-01
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10997.0

MLS Schools

  • Elementary School: H. W. Mountz

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2023
Closed on
Apr 14, 2023
Sold by
Harte Kevin P and Harte Kelly M
Bought by
Scavone Daniel and Scavone Cecelia
Seller's Agent
Lauren Gill
Diane Turton, Realtors-Spring Lake
Buyer's Agent
Chris Smith
Chris Smith Realty
List Price
$2,999,000
Sold Price
$2,950,000
Premium/Discount to List
-$49,000
-1.63%
Views
79
Current Estimated Value
$3,416,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$466,204
Avg. Annual Appreciation
5.69%
Original Mortgage
$1,850,000
Outstanding Balance
$1,787,349
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$1,628,855

Purchase Details

Closed on
Mar 2, 2000
Sold by
National Land Holdings Ltd
Bought by
Harte Kevin and Harte Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
8.18%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Scavone Daniel $2,950,000 Monarch Title
Harte Kevin $860,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scavone Daniel $1,850,000
Previous Owner Harte Kevin $385,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2023 04/14/23 Sold $2,950,000 -1.6% $934 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $2,999,000 -- $949 / 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 $14,019 $2,948,600 $1,855,000 $1,093,600
2024 $11,526 $2,866,800 $1,701,300 $1,165,500
2023 $11,526 $2,291,400 $1,577,100 $714,300
2022 $10,810 $2,127,100 $1,447,000 $680,100
2021 $10,810 $1,801,600 $1,186,500 $615,100
2020 $10,705 $1,732,200 $1,133,000 $599,200
2019 $10,644 $1,689,600 $1,100,000 $589,600
2018 $10,665 $1,698,300 $1,100,000 $598,300
2017 $10,112 $1,615,400 $1,050,000 $565,400
2016 $9,581 $1,402,800 $872,200 $530,600
2015 $9,640 $1,381,100 $850,500 $530,600
2014 $9,290 $1,354,200 $823,600 $530,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22302779

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00060-0000-00015-01