NOT LISTED FOR SALE

505 Mercer Ave Unit 2e Spring Lake, NJ 07762

Estimated Value: $3,022,889

3 Beds
1 Bath
-- Sq Ft
7,492 Sq Ft Lot

Highlights

  • Dogs and Cats Allowed
  • Hot Water Baseboard Heater
  • 4-minute walk to Spring Lake

About This Home

As of October 2018

Annual lease: Updated 3 Bedroom Apartment on the second level near the Spring Lake train station, across from Potter Park and a 1/2 mile walk to the beach. Good credit and employment required. $1700 / month, tenant pays gas and electric.

Last Agent to Rent the Property

Kelly Cutillo

Diane Turton, Realtors-Avon License #9700054 Listed on: 10/02/2018

Diane Turton, Realtors-Avon

Last Renter's Agent

Roberta Gilligan

Gloria Nilson & Co. Real Estate

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1940

Lot Details

  • 7,492

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • On-Street Parking

Location

  • Upper Level

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • Dogs and Cats Allowed

Listing and Financial Details

  • Security Deposit $2,550
  • Property Available on 10/1/18
  • Assessor Parcel Number 47-00049-0000-00003

Property Details

Home Type

Apartment

Year Built

Built in 1940

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2018-10-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Inclusions: Refrigerator, Dishwasher
  • Subdivision Name: None
  • Architectural Style: Upper Level
  • Year Built: 1940
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: H. W. Mountz
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Contract Info Available Date: 2018-10-01
  • Maintenance Fees Security Deposit3: 2550.0
  • Allowable Cats2: Yes
  • Allowable Dogs2: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2
  • Stories: 2
  • Full Basement: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street, None
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Parcel #: 47-00049-0000-00003

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2017
Sold by
Mcpatrick Corporation
Bought by
Cutillo Kelly and Cutillo Thomas
Current Estimated Value
$3,022,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.96%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cutillo Kelly $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cutillo Kelly --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2018 10/15/18 Rented $20,400 0.0% --
09/07/2017 09/07/17 Rented $20,400 -- --
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 $8,960 $1,761,400 $1,230,000 $531,400
2024 $8,339 $1,716,400 $1,198,000 $518,400
2023 $8,339 $1,541,400 $1,027,000 $514,400
2022 $8,703 $1,503,200 $997,000 $506,200
2021 $8,195 $1,370,600 $825,000 $545,600
2020 $8,214 $1,257,900 $720,000 $537,900
2019 $8,195 $1,232,300 $700,000 $532,300
2018 $8,140 $1,227,700 $700,000 $527,700
2017 $8,028 $1,216,300 $700,000 $516,300
2016 $8,572 $1,187,200 $785,000 $402,200
2015 $8,594 $1,167,600 $765,400 $402,200
2014 $8,278 $1,143,400 $741,200 $402,200
Source: Public Records

Agents Affiliated with this Home

  • Kelly Cutillo

    Landlord's Agent in 2018

    Kelly Cutillo

    Diane Turton, Realtors-Avon

    (732) 996-1637

    63 Total Sales

    Kelly Cutillo
    Section Image

  • R

    Tenant's Agent in 2018

    Roberta Gilligan

    BHHS Fox & Roach

  • D

    Buyer's Agent in 2017

    Dawn DeLorme

    Global Realty Group

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21838669

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00049-0000-00003

New Jersey Monmouth County Spring Lake 07762

505 Mercer Ave Unit 2e, Spring Lake, NJ

Not Listed for Sale

MultiFamily

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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