NOT LISTED FOR SALE

419 Ocean Rd Spring Lake, NJ 07762

Estimated Value: $1,283,056

0.2 Acre
$6,415,280 Price per Acre
8,712 Sq Ft Lot

Last Sold April 09, 2020

Last sale price $750,000

Est. 71% increase in value since last sale

Current estimated payment $7,147/month

67 Days on Market

Highlights

  • Lake Front
  • Pond
  • Level Lot
  • Home fronts a pond

About This Lot

As of April 2020

Oversized, 60 x 142 vacant lot suited for builders or end-users in the R-2 Zone of Spring Lake proper. No house to tear down and no asbestos to remediate. Build your dream home on an approximately 8500 square foot lot conveniently located just a short distance to the beach, downtown and the train station. Spring Lake code permits 25% lot coverage (for your first level footprint) and 40% total impervious surfaces. In a charming area of Spring Lake with other recently constructed homes, your new home will have plenty of room to enjoy with family and friends.

Last Agent to Sell the Property

John Marzullo

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake License #1539052 Listed on: 12/26/2019

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake

Co-Listed By

Brian Church

Berkshire Hathaway HomeServices Fox & Roach - Spring Lake

Last Buyer's Agent

Denise Collaro

D'Amico & McConnell Realtors License #0790875

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,013

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60 x 142
  • Home fronts a pond
  • Lake Front
  • Level Lot
  • Cleared Lot

Outdoor Features

  • Electricity Available at Street
  • Pond

Schools

  • H. W. Mountz Elementary And Middle School
  • Manasquan High School

Additional Features

  • Water Views
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 47-00011-0000-00010

Property Details

Property Type

Land

Est. Annual Taxes

$3,013

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Level, Pond on Lot, Cleared, Curbing, Sidewalks
  • Reso View: Waterview
  • Co List Office Mls Id: 3915
  • Co List Office Phone: 732-449-3200
  • Subdivision Name: None
  • General Property Info Waterview: Yes
  • General Property Info Acreage: 0.2
  • General Property Info Lot Dimensions: 60 x 142
  • Location Middle School: H. W. Mountz
  • WaterSewer Public Sewer at Street: Yes
  • WaterSewer Public Water at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Water Type Pond: Yes
  • Lot Description Cleared: Yes
  • Water Type Lake Front: Yes
  • Lot Description Pond on Lot: Yes
  • Special Features: None

Exterior Features

  • Acres: 0.2
  • Waterfront Features: Lake Front, Pond
  • Waterfront: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Dimensions: 60 x 142
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 47-00011-0000-00010
  • Zoning Description: Single Family, Residential

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3013.0

MLS Schools

  • Elementary School: H. W. Mountz
  • High School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2019
Closed on
Apr 8, 2020
Sold by
Foy Peter and Foy Linda
Bought by
Laible David S and Laible Carole
Seller's Agent
John Marzullo
Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Buyer's Agent
Denise Collaro
D'Amico & McConnell Realtors
List Price
$899,000
Sold Price
$750,000
Premium/Discount to List
-$149,000
-16.57%
Current Estimated Value
$1,283,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$533,056
Avg. Annual Appreciation
9.95%

Purchase Details

Closed on
Mar 15, 2019
Sold by
Vphb & B Llc
Bought by
Laible David and Laible Carole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,380,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2018
Sold by
Vph & B Llc
Bought by
Foy Peter and Foy Linda

Purchase Details

Closed on
Nov 13, 2015
Sold by
Shore Thing Properties Llc
Bought by
Vphb & B Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2000
Sold by
Bahsoun Samia
Bought by
Apicello Italo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$433,800
Interest Rate
8.19%
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
Laible David S $750,000 None Available
Laible David $1,725,000 Crownline Title Agency Llc
Foy Peter -- None Available
Vphb & B Llc $350,000 Attorney
Apicello Italo $482,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Laible David $1,380,000
Previous Owner Vphb & B Llc $1,200,000
Previous Owner Apicello Italo $433,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2020 04/09/20 Sold $750,000 -16.6% --
03/03/2020 03/03/20 Pending -- -- --
12/26/2019 12/26/19 For Sale $899,000 -- --
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 $4,770 $1,073,500 $1,073,500 --
2024 $3,983 $975,500 $975,500 $0
2023 $3,983 $791,800 $791,800 $0
2022 $3,669 $733,000 $733,000 $0
2021 $3,669 $611,500 $611,500 $0
2020 $2,965 $479,800 $479,800 $0
2019 $3,023 $479,800 $479,800 $0
2018 $3,013 $479,800 $479,800 $0
2017 $2,945 $470,400 $470,400 $0
2016 $3,257 $476,800 $476,800 $0
2015 $3,547 $508,200 $508,200 $0
2014 $1,398 $203,800 $203,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21948992

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00011-0000-00010