NOT LISTED FOR SALE

420 Mercer Ave Spring Lake, NJ 07762

Estimated Value: $1,962,000 - $2,872,000

3 Beds
2 Baths
2,178 Sq Ft
$1,099/Sq Ft Est. Value

Highlights

  • Colonial Architecture
  • 5-minute walk to Spring Lake
  • No HOA
  • Wood Flooring
  • Furnished
  • 4-minute walk to Divine Park

About This Home

As of August 2022

Summer Rental: **Weekly rate $4,500 PER WEEK, except $5,000 for the week covering 4th of July week.** ***Home rented for July and up to August 13th now. Owner utilizing house from 8/13 to Labor Day. Month of July is rented. *** Enjoy home as Single Family or a Two-Family. *Rented as a One-Family* *Private entry door, inside, to 1st level apt. & another private door leading to 2nd level apartment* Perfect set up for two families. Features: fabulous front porch, 3 bdrms, sleeps 6.Rented only as a One-Family*. *1st Fl: Large updated kitchen, Bedroom, Dining area & Living Rm. 1 bdrm/Mstr. Bed/Bath, spacious dining room and family room. Upstairs/2nd Fl: 2 bdrms, 1 bath, kitchen, family room. Included: 5 beach badges and beach chairs. Spacious backyard with patio set and grill. Close to beach, park, lake, "downtown" & bus/train. Garage not available for use.

Last Agent to Rent the Property

Christine Keating

Christine Keating Realty License #8135478 Listed on: 02/21/2022

Last Renter's Agent

Christine Keating

Global Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,072

Year Built

  • Built in 1925

Lot Details

  • 7,405

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture

Interior Spaces

  • 2,178 Sq Ft Home
  • 2-Story Property
  • Furnished
  • French Doors
  • Living Room
  • Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Schools

  • H. W. Mountz Elementary And Middle School

Utilities

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

Additional Features

  • Porch
  • 7,405 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $500
  • Property Available on 6/6/20
  • Short Term Lease
  • Weekly Lease Term
  • Assessor Parcel Number 47-00060-0000-00013-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,072

Year Built

Built in 1925

Lot Details

0

Parking

2

Rental Info

  • Furnished: Furnished
  • Available Date: 2020-06-06

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Year Built: 1925
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: 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
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Exterior Porch - Open: Yes
  • Kitchen Eat-In: Yes
  • Kitchen French Doors5: Yes
  • Contract Info Available Date: 2020-06-06
  • Maintenance Fees Security Deposit3: 500.0
  • Lease Requirements Security Deposit4: Yes
  • Kitchen Floor - Wood4: Yes
  • Furnished Full2: Yes
  • Lease Terms Weekly: Yes
  • Lease Terms Short Term: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 8
  • Stories: 2
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Kitchen Pantry: Yes
  • Primary Bath Shower Stall2: Yes

Exterior Features

  • Acres: 0.17
  • Waterfront: No
  • Exterior Features: Porch - Open

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Detached
  • 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:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 47-00060-0000-00013-01

MLS Schools

  • Elementary School: H. W. Mountz

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2017
Sold by
Pryor Eileen
Bought by
Aiello Jennifer M and Mchugh Kristin A
Current Estimated Value
$2,394,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.16%

Purchase Details

Closed on
Feb 22, 2011
Sold by
Linderoth Joanne M
Bought by
Pryor Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,850
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2009
Sold by
Matthews James and Matthews Roberta
Bought by
Linderoth Joanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.93%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 11, 2002
Sold by
Maguire Bridget
Bought by
Matthews James and Matthews Roberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Interest Rate
7.01%

Purchase Details

Closed on
Jan 14, 2000
Sold by
National Land Holding Inc
Bought by
Maguire Bridget

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,000
Interest Rate
7.83%

Purchase Details

Closed on
Dec 12, 1998
Sold by
Westervelt Thomas
Bought by
National Land Holding Inc

Purchase Details

Closed on
Sep 30, 1996
Sold by
Murphy James
Bought by
Murphy Paul
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
Aiello Jennifer M -- --
Pryor Eileen $825,000 Old Republic National Title
Linderoth Joanne M $900,000 Coastal Title Agency Inc
Matthews James $790,000 --
Maguire Bridget $540,000 --
National Land Holding Inc $800,000 --
Murphy Paul $137,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Aiello Jennifer M --
Previous Owner Pryor Eileen $510,000
Previous Owner Pryor Eileen $533,850
Previous Owner Linderoth Joanne M $100,000
Previous Owner Linderoth Joanne M $417,000
Previous Owner Matthews James $632,000
Previous Owner Maguire Bridget $459,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2022 08/04/22 Rented $4,500 0.0% --
02/21/2022 02/21/22 For Rent $4,500 +28.6% --
03/12/2021 03/12/21 Rented $3,500 0.0% --
02/23/2021 02/23/21 For Rent $3,500 0.0% --
08/22/2019 08/22/19 Rented $3,500 0.0% --
06/07/2017 06/07/17 Rented $3,500 -- --
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
2024 $9,072 $1,933,200 $1,701,300 $231,900
2023 $9,072 $1,803,600 $1,577,100 $226,500
2022 $8,290 $1,662,700 $1,447,000 $215,700
2021 $8,290 $1,381,600 $1,186,500 $195,100
2020 $8,161 $1,320,500 $1,133,000 $187,500
2019 $8,077 $1,282,100 $1,100,000 $182,100
2018 $8,024 $1,277,700 $1,100,000 $177,700
2017 $7,625 $1,218,000 $1,050,000 $168,000
2016 $6,478 $948,500 $869,500 $79,000
2015 $6,469 $926,800 $847,800 $79,000
2014 $6,174 $900,000 $821,000 $79,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22204621

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00060-0000-00013-01