NOT LISTED FOR SALE

509 Passaic Ave Spring Lake, NJ 07762

Estimated Value: $1,933,000 - $3,166,960

4 Beds
3 Baths
3,736 Sq Ft
$739/Sq Ft Est. Value

Sale Details

Date Sold: April 14, 2022

Last sale price $2,275,000 $609 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $15,702 / mo

10 Days on Market

Highlights

  • Heated In Ground Pool
  • Wood Flooring
  • 2 Fireplaces
  • Deck
  • Shore Colonial Architecture
  • Granite Countertops

About This Home

As of April 2022

Fantastic shore colonial in the heart of Spring Lake! This 4 bedroom, 3 full bath sun drenched home features an open kitchen, expansive family room with fireplace, vaulted ceilings and sliders to private rear yard complete with heated in ground pool. Formal dining room, first floor bedroom, & living room with fireplace.Spacious master bedroom with ensuite master bath. Enjoy your morning coffee & summer sunsets from the 2nd floor balcony off the master bedroom. Oversized closets for storage. Only 2 short blocks to Spring Lake's shops & dining and 3 more to beautiful Spring Lake beaches & boardwalk. Steps to the Spring Lake train station making this home a commuter's delight.Close to GSP, Whole Foods & retail shopping center.

Last Agent to Sell the Property

Louise Decker

Diane Turton, Realtors-Spring Lake License #0788666 Listed on: 02/20/2022

Diane Turton, Realtors-Spring Lake

Last Buyer's Agent

Christopher Heine

Sitar Realty Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,550

Year Built

  • Built in 1937

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Street terminates at a dead end
  • Fenced
  • Sprinkler System

Parking

  • 1 Car Attached Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Shore Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,736 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Blinds
  • French Doors
  • Sliding Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Hatchway
  • Pull Down Stairs to Attic

Kitchen

  • Gas Cooktop
  • Stove
  • Range Hood
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 3 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Vinyl Pool

Outdoor Features

  • Balcony
  • Deck
  • Patio

Schools

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

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Furniture and Personal Belongings
  • Assessor Parcel Number 47-00062-0000-00005

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,550

Year Built

Built in 1937

Lot Details

7,405 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Dead End Street
  • ResoPoolFeatures: Heated, In Ground, Vinyl
  • Inclusions: Washer, Window Treatments, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Stove, Stove Hood, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Shore Colonial
  • Reso Flooring: Tile, Wood, Other
  • Reso Interior Features: Attic - Pull Down Stairs, Ceilings - Beamed, French Doors, Sliding Door
  • New Construction: No
  • Year Built: 1937
  • Contract Info List PriceSqFt: 508.3
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • GreatFamily Room Sliding Door4: Yes
  • Exterior Balcony2: Yes
  • ExteriorPatio: Yes
  • Exterior Swimming: Yes
  • Pool Heated3: Yes
  • General Property Info Acreage: 0.17
  • General Property Info Lot Dimensions: 50 x 150
  • General Property Info Farm: No
  • Location Middle School: H. W. Mountz
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 2.0
  • Interior French Doors: Yes
  • Lot Description Dead End Street: Yes
  • Included BlindsShades: Yes
  • Included Stove Hood: Yes
  • Exterior Sprinkler Under: Yes
  • Included Ceiling Fan(s): Yes
  • Included Window Treatments: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • Pool Vinyl2: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • GreatFamily Room Fireplace - Woodburning5: Yes
  • Style Shore Colonial: Yes
  • Kitchen Floor - Wood4: Yes
  • Floors Tile: Yes
  • Interior Ceilings - Beamed: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Bilco Style Doors, Unfinished
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Basement:Unfinished: Yes
  • Other Rooms:Foyer: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Waterfront: No
  • Exclusions: Furniture and Personal Belongings
  • Exterior Features: Balcony, Deck, Fence, Patio, Sprinkler Under, Swimming
  • Exterior Features:Pool-In Ground: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Off Street, On Street
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air, 3+ 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 Dimensions: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 47-00062-0000-00005
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8550.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2022
Closed on
Apr 12, 2022
Sold by
Keogh Eugene L and Keogh Maureen
Bought by
Hickman Joseph and Hickman Laura
Seller's Agent
Louise Decker
Diane Turton, Realtors-Spring Lake
Buyer's Agent
Christopher Heine
Sitar Realty Company
List Price
$1,899,000
Sold Price
$2,275,000
Premium/Discount to List
$376,000
19.8%
Current Estimated Value
$2,759,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$484,990
Avg. Annual Appreciation
4.90%
Original Mortgage
$1,820,000
Outstanding Balance
$1,702,191
Interest Rate
3.85%
Mortgage Type
Balloon
Estimated Equity
$1,057,799

Purchase Details

Closed on
Jun 1, 2011
Sold by
Hawkins Janet
Bought by
Keogh Eugene L and Doran Keogh Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2002
Sold by
Harbin William
Bought by
Hawkins Janet

Purchase Details

Closed on
Oct 31, 2000
Sold by
Mcgratty Michael
Bought by
Harbin William and Harbin Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
7.83%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hickman Joseph $2,275,000 Trident Abstract Title
Keogh Eugene L $852,500 First American Title Ins Co
Hawkins Janet $572,000 --
Harbin William $479,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hickman Joseph $1,820,000
Previous Owner Keogh Eugene L $400,000
Previous Owner Harbin William $252,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2022 04/14/22 Sold $2,275,000 +19.8% $609 / Sq Ft
03/02/2022 03/02/22 Pending -- -- --
02/20/2022 02/20/22 For Sale $1,899,000 -- $508 / 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 $11,615 $2,365,100 $1,503,000 $862,100
2024 $11,217 $2,375,200 $1,378,000 $997,200
2023 $11,217 $2,230,100 $1,178,000 $1,052,100
2022 $8,550 $1,788,300 $1,052,000 $736,300
2021 $8,550 $1,425,000 $759,000 $666,000
2020 $8,523 $1,379,100 $739,000 $640,100
2019 $8,484 $1,346,600 $725,000 $621,600
2018 $8,364 $1,331,800 $725,000 $606,800
2017 $8,129 $1,298,500 $725,000 $573,500
2016 $7,266 $1,063,900 $787,200 $276,700
2015 $7,289 $1,044,300 $767,600 $276,700
2014 $6,997 $1,020,000 $743,300 $276,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22204447

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00062-0000-00005

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