NOT LISTED FOR SALE

501 Grassmere Ave Interlaken, NJ 07712

Estimated Value: $1,804,297 - $2,235,000

3 Beds
2.5 Baths
2,580 Sq Ft
$786/Sq Ft Est. Value

Last Sold February 11, 2025

Last sale price $2,000,000 $775 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $11,363/month

11 Days on Market

Highlights

  • Indoor Spa
  • Colonial Architecture
  • Sun or Florida Room
  • New Kitchen
  • Marble Flooring
  • Corner Lot

About This Home

As of February 2025

One of Interlaken's finest homes, now available for the discerning buyer. Classic two-story Colonial situated on generous corner lot. Exquisitely maintained at every turn, no effort has been spared to preserve and enhance the home's distinctive character. Quintessential example of Interlaken at its best. Enjoy spacious formals, adjacent sunroom, screened-in porch and designer kitchen. Custom built-ins, vintage details, wide-plank pegged oak flooring, and quality finishes throughout. Mature landscaping, professionally designed, with secluded patio and private outdoor areas. Extensive upgrades to energy systems and smart home technology features. See list of special features and improvements for details.

Last Agent to Sell the Property

Gail O'Reilly

Heritage House Sotheby's International Realty Brokerage Phone: 732-859-2929 License #1431355 Listed on: 01/15/2025

Last Buyer's Agent

Catherine Ades

Gloria Nilson & Co. Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,545

Year Built

  • Built in 1933

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100 x 150
  • Corner Lot
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Slate Roof
  • Stucco Exterior

Interior Spaces

  • 2,580 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Recessed Lighting
  • Light Fixtures
  • Gas Fireplace
  • Thermal Windows
  • Blinds
  • Window Screens
  • French Doors
  • Living Room
  • Breakfast Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Screened Porch
  • Indoor Spa
  • Pull Down Stairs to Attic

Kitchen

  • New Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Gas Cooktop
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Primary Bathroom is a Full Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Workshop

Home Security

  • Home Security System
  • Storm Doors

Eco-Friendly Details

  • Air Cleaner

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Radiant Heating System
  • Hot Water Heating System
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Water Purifier

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Four urns at front entrance; dining room curtains.
  • Assessor Parcel Number 22-00014-0000-00019-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,545

Year Built

Built in 1933

Lot Details

0.34 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Attribution Contact: 732-859-2929
  • ResoLotFeatures: Corner Lot
  • Inclusions: Outdoor Lighting, Hot Tub, Water Purifier, Washer, Timer Thermostat, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Microwave, Security System, Self/Con Clean, Stove, Stove Hood, Refrigerator, Screens, Air Cleaner, Garbage Disposal, Garage Door Opener, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Flooring: Ceramic Tile, Marble, Wood
  • Reso Interior Features: Attic - Pull Down Stairs, Built-Ins, Ceilings - 9Ft+ 1st Flr, Dec Molding, Den, French Doors, Hot Tub, Security System, Wet Bar, Recessed Lighting
  • Year Built: 1933
  • Contract Info List PriceSqFt: 678.29
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Ceilings - 9Ft 1st Flr: Yes
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.34
  • General Property Info Lot Dimensions: 100 x 150
  • Lot Description Corner Lot: Yes
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Exterior Shed: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Dec Molding: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Living Room French Doors2: Yes
  • Interior Den: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Included Stove Hood: Yes
  • Exterior Sprinkler Under: Yes
  • Exterior Thermal Window: Yes
  • Included Ceiling Fan(s): Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Included Timer Thermostat: Yes
  • Living Room Fireplace - Gas7: Yes
  • Exterior Storm Door(s): Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • SidingBrick: Yes
  • Basement Workshop Workbench: Yes
  • Included SelfCon Clean: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Dec Molding5: Yes
  • Basement Heated: Yes
  • Kitchen Floor - Wood4: Yes
  • Included Security System2: Yes
  • Kitchen Butler Pantry: Yes
  • Exterior Hot Tub2: Yes
  • Exterior Porch - Screened: Yes
  • Rooms Breakfast: Yes
  • Included Garbage Disposal: Yes
  • Living Room Built-Ins2: Yes
  • Exterior Security System3: Yes
  • Included Air Cleaner: Yes
  • Floors Marble: Yes
  • Included Hot Tub3: Yes
  • Siding Stucco - Cement: Yes
  • Interior Hot Tub: Yes
  • Dining Room Built-Ins3: Yes
  • RoofSlate: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Full, Heated, Workshop/ Workbench, Partially Finished
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Other Rooms:Sunroom: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Partially Finished: Yes
  • Features Interior:Security System: Yes
  • Features Interior:Wet Bar: Yes
  • Appliances Included:Water Purifier: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bath:Tub: Yes
  • Primary Bath Floor - Marble2: Yes

Exterior Features

  • Roof: Slate
  • Acres: 0.34
  • Topography: Level
  • Waterfront: No
  • Exclusions: Four urns at front entrance; dining room curtains.
  • Construction Type: Brick, Stucco
  • Exterior Features: Hot Tub, Patio, Porch - Screened, Security System, Shed, Sprinkler Under, Storm Door(s), Thermal Window, Lighting

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Paved, Driveway, Off Street
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking:Paved: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Electric, Radiant, Hot Water, Forced Air, Heat Pump, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric: Yes
  • Heating:Hot Water: Yes
  • Heating:Radiant: Yes
  • Heating:Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 100 x 150
  • Lot Size Sq Ft: 14810.4
  • Parcel #: 22-00014-0000-00019-01
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10545.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2025
Closed on
Feb 10, 2025
Sold by
Adler David C and Adler Gloria A
Bought by
Cheney Raquel Rose
Seller's Agent
Gail O'Reilly
Heritage House Sotheby's International Realty
Buyer's Agent
Catherine Ades
Gloria Nilson & Co. Real Estate
List Price
$1,750,000
Sold Price
$2,000,000
Premium/Discount to List
$250,000
14.29%
Views
56
Current Estimated Value
$2,028,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,574
Avg. Annual Appreciation
1.41%

Purchase Details

Closed on
Oct 10, 2001
Sold by
Clark Donald
Bought by
Adler David and Adler Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cheney Raquel Rose $2,000,000 Oceanview Title
Cheney Raquel Rose $2,000,000 Oceanview Title
Adler David $497,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adler David $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2025 02/11/25 Sold $2,000,000 +14.3% $775 / Sq Ft
01/27/2025 01/27/25 Pending -- -- --
01/15/2025 01/15/25 For Sale $1,750,000 -- $678 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $11,331 $1,468,000 $936,800 $531,200
2024 $10,545 $1,308,400 $787,000 $521,400
2023 $10,545 $1,167,800 $717,500 $450,300
2022 $9,321 $991,200 $562,500 $428,700
2021 $9,321 $814,100 $423,500 $390,600
2020 $9,305 $770,300 $388,500 $381,800
2019 $9,351 $748,700 $369,100 $379,600
2018 $9,084 $715,800 $353,900 $361,900
2017 $8,021 $701,100 $345,200 $355,900
2016 $10,345 $738,900 $339,300 $399,600
2015 $10,476 $728,500 $339,300 $389,200
2014 $10,237 $671,300 $300,100 $371,200
Source: Public Records

Agents Affiliated with this Home

  • Gail O'Reilly

    Seller's Agent in 2025

    Gail O'Reilly

    Heritage House Sotheby's International Realty

    (732) 859-2929

    1 in this area

    19 Total Sales

    Gail O'Reilly
    Section Image

  • C

    Buyer's Agent in 2025

    Catherine Ades

    BHHS Fox & Roach

  • Cathrine Ades

    Buyer's Agent in 2025

    Cathrine Ades

    Cathy Ades Real Estate LLC

    (732) 245-7060

    9 in this area

    182 Total Sales

    Cathrine Ades
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22500830

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 22-00014-0000-00019-01

New Jersey Monmouth County Interlaken 07712

501 Grassmere Ave, Interlaken, NJ

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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