NOT LISTED FOR SALE

510 Passaic Ave Spring Lake, NJ 07762

Estimated Value: $3,776,000 - $4,202,338

2 Beds
1 Bath
1,528 Sq Ft
$2,650/Sq Ft Est. Value

Last Sold January 08, 2016

Last sale price $950,000 $622 Per Sq Ft

Est. 326% increase in value since last sale

Current estimated payment $23,847/month

4 Days on Market

Highlights

  • Garage Apartment
  • Cottage
  • Forced Air Heating and Cooling System
  • No HOA
  • 2 Car Detached Garage
  • 1-Story Property

About This Home

As of January 2016

Oversized lot with a small bungalow styled home in Spring Lake, selling for land value. Close to town & lake.

Last Agent to Sell the Property

Melissa Mastrorilli

Keller Williams Realty Ocean Living License #1110614 Listed on: 11/09/2015

Keller Williams Realty Ocean Living

Co-Listed By

Matthew Mastrorilli

Providence Realty Group, LLC

Last Buyer's Agent

Melissa Mastrorilli

Keller Williams Realty Ocean Living License #1110614 Listed on: 11/09/2015

Keller Williams Realty Ocean Living

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,121

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 88 x 150

Parking

  • 2 Car Detached Garage
  • Garage Apartment

Home Design

  • Cottage
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • H. W. Mountz Elementary And Middle School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 47-00071-0000-00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,121

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: 2834
  • Co List Office Phone: 732-974-1500
  • Subdivision Name: None
  • Architectural Style: Detached, Cottage/Bungalow
  • New Construction: No
  • Year Built: 1925
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 88 x 150
  • Location Middle School: H. W. Mountz
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Style CottageBungalow: Yes
  • Garage Apt Above Garage: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Full Basement: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Other

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • 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: 88 x 150
  • Parcel #: 47-00071-0000-00013

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 6121.0

MLS Schools

  • Elementary School: H. W. Mountz

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2015
Closed on
Jan 2, 2016
Sold by
Trumpbour Virginia D and Trumpbour Barbara J
Bought by
Clark Gerald and Clark Dodi
Seller's Agent
Melissa Mastrorilli
Keller Williams Realty Ocean Living
Buyer's Agent
Melissa Mastrorilli
Keller Williams Realty Ocean Living
Sold Price
$950,000
Total Days on Market
4
Current Estimated Value
$4,048,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,098,446
Avg. Annual Appreciation
16.58%

Purchase Details

Closed on
Feb 24, 2014
Sold by
Trumpbour Virginia D and Trumpbour Barbara J
Bought by
Trumpbour Virginia D and Trumpbour Barbara J
Source: Public Records

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Range of Values:

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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
Clark Gerald $950,000 Attorney
Trumpbour Virginia D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Gerald $185,000
Open Clark Gerald $394,000
Closed Clark Gerald $394,000
Open Clark Gerald H $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2016 01/08/16 Sold $950,000 -- $622 / Sq Ft
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 $14,750 $3,167,200 $1,684,300 $1,482,900
2023 $14,750 $2,932,500 $1,484,300 $1,448,200
2022 $13,844 $2,719,300 $1,325,600 $1,393,700
2021 $13,844 $2,307,700 $956,600 $1,351,100
2020 $13,870 $2,244,300 $932,800 $1,311,500
2019 $6,007 $953,500 $915,000 $38,500
2018 $5,982 $952,600 $915,000 $37,600
2017 $5,950 $950,500 $915,000 $35,500
2016 $6,362 $931,500 $841,800 $89,700
2015 $6,380 $914,000 $824,300 $89,700
2014 $6,121 $892,300 $802,600 $89,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21542308

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00071-0000-00013