418 Mercer Ave Spring Lake, NJ 07762
Estimated Value: $3,125,221 - $4,396,000
4
Beds
2
Baths
3,169
Sq Ft
$1,225/Sq Ft
Est. Value
About This Home
This home is located at 418 Mercer Ave, Spring Lake, NJ 07762 and is currently estimated at $3,883,074, approximately $1,225 per square foot. 418 Mercer Ave is a home located in Monmouth County with nearby schools including St. Catharine School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 14, 2006
Sold by
Carr Charles
Bought by
Forlenza Vincent and Forlenza Ellen
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$448,686
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,643,334
Purchase Details
Closed on
Nov 1, 2000
Sold by
National Land Holdings Inc
Bought by
Carr Charles and Carr Norma
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Forlenza Vincent | $1,650,000 | -- | |
| Carr Charles | $990,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Forlenza Vincent | $750,000 |
Source: Public Records
Tax History Compared to Growth
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 | $12,614 | $2,654,300 | $1,701,300 | $953,000 |
| 2023 | $12,614 | $2,507,800 | $1,577,100 | $930,700 |
| 2022 | $11,929 | $2,333,200 | $1,447,000 | $886,200 |
| 2021 | $11,929 | $1,988,100 | $1,186,500 | $801,600 |
| 2020 | $11,816 | $1,912,000 | $1,133,000 | $779,000 |
| 2019 | $11,748 | $1,864,800 | $1,100,000 | $764,800 |
| 2018 | $11,750 | $1,871,000 | $1,100,000 | $771,000 |
| 2017 | $11,135 | $1,778,700 | $1,050,000 | $728,700 |
| 2016 | $9,638 | $1,411,100 | $872,200 | $538,900 |
| 2015 | $9,698 | $1,389,400 | $850,500 | $538,900 |
| 2014 | $9,347 | $1,362,500 | $823,600 | $538,900 |
Source: Public Records
Map
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