5 Locust Way Spring Lake, NJ 07762
Estimated Value: $799,000 - $916,000
2
Beds
3
Baths
1,572
Sq Ft
$533/Sq Ft
Est. Value
About This Home
This home is located at 5 Locust Way, Spring Lake, NJ 07762 and is currently estimated at $838,076, approximately $533 per square foot. 5 Locust Way is a home located in Monmouth County with nearby schools including Spring Lake Heights Elementary School, The Brookside School, and St. Catharine School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 18, 1998
Sold by
Demarco Carl
Bought by
Lipton Nancy
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lipton Nancy | $220,000 | -- |
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 |
|---|---|---|---|---|
| 2025 | $7,444 | $765,300 | $579,200 | $186,100 |
| 2024 | $6,618 | $706,900 | $524,200 | $182,700 |
| 2023 | $6,618 | $590,900 | $412,500 | $178,400 |
| 2022 | $5,756 | $473,100 | $290,000 | $183,100 |
| 2021 | $5,756 | $426,400 | $260,000 | $166,400 |
| 2020 | $5,583 | $411,100 | $260,000 | $151,100 |
| 2019 | $5,581 | $406,800 | $260,000 | $146,800 |
| 2018 | $5,579 | $395,700 | $260,000 | $135,700 |
| 2017 | $5,358 | $394,000 | $260,000 | $134,000 |
| 2016 | $5,452 | $395,900 | $260,000 | $135,900 |
| 2015 | $5,388 | $392,400 | $260,000 | $132,400 |
| 2014 | $5,819 | $433,300 | $290,000 | $143,300 |
Source: Public Records
Map
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