RENTED NOV 7, 2025

417 Ludlow Ave Spring Lake, NJ 07762

Estimated Value: $3,638,000 - $4,038,000

5 Beds
4 Baths
3,653 Sq Ft
$1,028/Sq Ft Est. Value

Last Sold June 09, 2017

Last sale price $1,790,000 $490 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $20,851/month

Highlights

  • Custom Home
  • Mud Room
  • 1.5 Car Detached Garage
  • Furnished
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of November 2025

Winter/Summer Rental. A close walk to the Beach, Town and the Park, this beautiful 5BR/4BA home with a modern flare offers the perfect getaway for families. Available for $7,500/mo from Sept-May 15, Summer $10k/wk MDW-June 30 and $12k/wk July/Aug xLDW. 2wk+ rentals preferred. Features include: 1st floor bedroom and full bath, mudroom+ full bath. Ample sleeping on 2nd fl with 4 bedrooms including, 2 add'l trundle beds and a Primary Suite with WIC. High-speed internet and 4 smart TVs. Third floor Loft and APR features and entertainment center with X-Box, Smart TV and workout area. Detached garage and back yard with entertainment area. Whether you're looking for a quiet winter retreat or a summer vacation spot, this home offers comfort, convenience, and fun for all seasons.

Last Agent to Rent the Property

Marie Reed

The Gallery Residential Brokerage License #2076193 Listed on: 09/08/2025

Last Renter's Agent

Nicole Kelly

Coldwell Banker Realty License #0560741

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • 7,405

Parking

  • 1.5 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Custom Home

Interior Spaces

  • 3,653 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Mud Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Schools

  • H. W. Mountz Elementary And Middle School

Additional Features

  • 7,405 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Property Available on 9/8/25
  • Ask Agent About Lease Term
  • Short Term Lease
  • Assessor Parcel Number 47-00113-0000-00009

Community Details

Overview

  • No Home Owners Association
  • Front Yard Maintenance
  • Association fees include trash, lawn maintenance, snow removal, water, sewer

Recreation

  • Snow Removal

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

0

Parking

1

Rental Info

  • Furnished: Furnished
  • Lease Term: ["Winter","Summer","Short Term"]
  • Available Date: 2025-09-08

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Reso Association Fee Includes: Trash, Lawn Maintenance, Snow Removal, Water, Sewer
  • Subdivision Name: None
  • Architectural Style: Custom
  • Year Built: 2009
  • Contract Info List PriceSqFt: 2.05
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Assigned Parking: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.17
  • Location Middle School: H. W. Mountz
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Contract Info Available Date: 2025-09-08
  • Maintenance Fees Security Deposit3: 10.0
  • Lease Requirements Security Deposit4: Yes
  • General Property Info # Parking Spaces3: 5
  • Furnished Full2: Yes
  • Lease Terms Short Term: Yes
  • Lease Terms Winter: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Acres: 0.17
  • Waterfront: No

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.5
  • Parking Features: Driveway, Off Street, Detached
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes
  • AssociationHOA Fee Includes:Water: Yes

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 47-00113-0000-00009

MLS Schools

  • Elementary School: H. W. Mountz

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2017
Closed on
Jun 21, 2017
Sold by
Thomas M Reilly
Bought by
Sohoni Mitali
Seller's Agent
Philip Schwier
Berkshire Hathaway HomeServices Signature Properties
Buyer's Agent
Walter Kimm
Coldwell Banker Realty
Sold Price
$1,790,000
Current Estimated Value
$3,754,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,964,958
Avg. Annual Appreciation
9.11%
Original Mortgage
$1,000,000
Outstanding Balance
$829,274
Interest Rate
3.91%
Estimated Equity
$2,925,684

Purchase Details

Closed on
Apr 14, 2008
Sold by
Mccann Stephen and Mccann Caroline
Bought by
Reilly Thomas M and Reilly Valquiria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
5.43%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Sohoni Mitali $1,790,000 --
Reilly Thomas M $805,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sohoni Mitali $1,000,000
Closed Sohoni Mitali --
Previous Owner Reilly Thomas M $415,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2025 11/07/25 Rented $13,250 +76.7% --
10/24/2025 10/24/25 Under Contract -- -- --
09/08/2025 09/08/25 For Rent $7,500 0.0% --
06/09/2017 06/09/17 Sold $1,790,000 0.0% $623 / Sq Ft View Prior Sale
08/02/2014 08/02/14 Rented $15,000 -- --
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
2025 $13,198 $2,895,600 $1,865,000 $1,030,600
2024 $12,081 $2,698,900 $1,740,000 $958,900
2023 $12,081 $2,401,700 $1,465,200 $936,500
2022 $11,243 $2,233,800 $1,332,000 $901,800
2021 $11,243 $1,873,900 $1,049,000 $824,900
2020 $11,240 $1,818,700 $1,017,000 $801,700
2019 $11,259 $1,787,100 $1,000,000 $787,100
2018 $11,211 $1,785,200 $1,000,000 $785,200
2017 $10,558 $1,686,600 $1,000,000 $686,600
2016 $8,484 $1,242,200 $828,600 $413,600
2015 $8,527 $1,221,600 $808,000 $413,600
2014 $8,205 $1,196,000 $782,400 $413,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22527171

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00113-0000-00009