NOT LISTED FOR SALE

518 Passaic Ave Spring Lake, NJ 07762

Estimated Value: $2,039,000 - $3,317,000

5 Beds
5 Baths
2,160 Sq Ft
$1,215/Sq Ft Est. Value

Last Sold June 28, 2017

Last sale price $1,240,000 $574 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $13,628/month

112 Days on Market

Highlights

  • New Kitchen
  • Wood Flooring
  • Granite Countertops
  • Colonial Architecture
  • Whirlpool Bathtub
  • No HOA

About This Home

As of June 2017

Beautiful Colonial in Spring Lake! Centrally located to park, downtown and beach. This three story home welcomes you with a large mahogany front porch, 5 bedrooms, 3 full/2 half baths, hardwood floors, custom kitchen cabinets, granite counter tops, Wolf stove and Miele dishwasher. Private backyard with a lovely patio and a full finished basement. Owner is NJ LIC RE.

Last Agent to Sell the Property

Karen Matuch

Jack Green Realty License #1644093 Listed on: 01/26/2017

Jack Green Realty

Co-Listed By

Kiernan Difeo

Jack Green Realty License #1644092

Last Buyer's Agent

Christopher Heine

Sitar Realty Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,583

Year Built

  • Built in 2002

Lot Details

  • Lot Dimensions are 57 x 150
  • Street terminates at a dead end
  • Fenced
  • Sprinkler System

Parking

  • 1 Car Detached Garage
  • Heated Garage
  • Parking Available
  • Driveway with Pavers
  • Paver Block
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Recessed Lighting
  • Light Fixtures
  • Gas Fireplace
  • Awning
  • Blinds
  • Sliding Doors
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • New Kitchen
  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Schools

  • H. W. Mountz Elementary And Middle 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: Personal Items
  • Assessor Parcel Number 47-00071-0000-00011-07

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,583

Year Built

Built in 2002

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Dead End Street
  • Co List Office Mls Id: 2889
  • Co List Office Phone: 732-449-1555
  • Inclusions: Outdoor Lighting, Washer, Window Treatments, Blinds/Shades, Dishwasher, Dryer, Light Fixtures, Stove, Stove Hood, Refrigerator, Awnings, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Detached, Colonial
  • Reso Flooring: W/W Carpet
  • Reso Interior Features: Built-Ins, Dec Molding, Sliding Door, Recessed Lighting
  • Year Built: 2002
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • GreatFamily Room Sliding Door4: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 57 x 150
  • Location Middle School: H. W. Mountz
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Kitchen Newer: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Exterior Storm Window: Yes
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Lot Description Dead End Street: Yes
  • Exterior Porch - Open: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Included Stove Hood: Yes
  • Exterior Sprinkler Under: Yes
  • Included Outdoor Lighting: Yes
  • Included Window Treatments: Yes
  • Living Room Fireplace - Gas7: Yes
  • Exterior Storm Door(s): Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • Kitchen GraniteStone Counter: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Parking Concrete: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Eat-In: Yes
  • Basement Heated: Yes
  • Kitchen Floor - Wood4: Yes
  • Parking Paver Block: Yes
  • Included Awnings: Yes
  • Foyer Dec Molding2: Yes
  • Garage Heated2: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Full Finished, Heated
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Total Bedrooms: 9
  • 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
  • Kitchen Pantry: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes
  • Primary Bath Double Sinks: Yes
  • Primary Bath Whirlpool: Yes

Exterior Features

  • Roof: Shingle
  • Topography: Level
  • Waterfront: No
  • Exclusions: Personal Items
  • Exterior Features: Fence, Patio, Porch - Open, Sprinkler Under, Storm Door(s), Storm Window, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Paver Block, Concrete, Off Street, Heated Garage
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Features:Garage Detached: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Dimensions: 57 x 150
  • Parcel #: 47-00071-0000-00011-07

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 7583.0

MLS Schools

  • Elementary School: H. W. Mountz

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2022
Sold by
Stefanie Millwood
Bought by
Millwood Dean
Current Estimated Value
$2,347,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,205,000
Outstanding Balance
$1,138,725
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$1,491,106

Purchase Details

Listed on
Jan 26, 2017
Closed on
Jun 27, 2017
Sold by
Waller John W and Reynolds Cameron
Bought by
Millwood Dean and Millwood Stefanie
Seller's Agent
Karen Matuch
Jack Green Realty
Buyer's Agent
Christopher Heine
Sitar Realty Company
Sold Price
$1,240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.71%
Original Mortgage
$690,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 22, 2013
Closed on
Jul 17, 2013
Sold by
Mastrorilli Allison C
Bought by
Waller John W
Seller's Agent
Susan Bitter
Ocean Pointe
Buyer's Agent
Linda Muro
Diane Turton, Realtors-Point Pleasant Beach
Sold Price
$1,080,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.57%
Original Mortgage
$756,000
Interest Rate
2.23%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 8, 2002
Sold by
Foodbank
Bought by
Mastrorilli Nicholas and Mastrorilli Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,300
Interest Rate
6.79%
Source: Public Records

Range of Values:

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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
Millwood Dean $755,000 Counsellors Title
Millwood Dean $1,240,000 None Available
Waller John W $1,080,000 None Available
Mastrorilli Nicholas $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Millwood Dean $1,205,000
Previous Owner Millwood Dean $510,000
Previous Owner Millwood Dean $690,000
Previous Owner Waller John W $756,000
Previous Owner Mastrorilli Nicholas $560,000
Previous Owner Mastrorilli Nicholas A $150,100
Previous Owner Mastrorilli Nocholas A $500,000
Previous Owner Mastrorilli Nicholas $297,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2017 06/28/17 Sold $1,240,000 +14.8% $574 / Sq Ft
07/20/2013 07/20/13 Sold $1,080,000 -- $500 / 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 $7,951 $1,727,400 $1,060,300 $667,100
2023 $7,951 $1,580,700 $929,200 $651,500
2022 $7,865 $1,480,900 $852,400 $628,500
2021 $7,865 $1,310,800 $735,000 $575,800
2020 $7,860 $1,271,900 $711,400 $560,500
2019 $7,832 $1,243,100 $685,000 $558,100
2018 $7,807 $1,243,200 $685,000 $558,200
2017 $7,829 $1,250,600 $685,000 $565,600
2016 $7,583 $1,110,300 $678,500 $431,800
2015 $7,636 $1,094,000 $662,200 $431,800
2014 $7,367 $1,073,900 $642,100 $431,800
Source: Public Records

Agents Affiliated with this Home

  • Karen Matuch

    Seller's Agent in 2017

    Karen Matuch

    Jack Green Realty

    (732) 449-1212

    8 in this area

    34 Total Sales

    Section Image
  • Kiernan Difeo

    Seller Co-Listing Agent in 2017

    Kiernan Difeo

    Jack Green Realty

    (732) 684-8197

    8 in this area

    35 Total Sales

    Section Image

  • C

    Buyer's Agent in 2017

    Christopher Heine

    Sitar Realty Company

  • S

    Seller's Agent in 2013

    Susan Bitter

    Ocean Pointe

  • L

    Buyer's Agent in 2013

    Linda Muro

    Diane Turton, Realtors-Point Pleasant Beach

    (201) 725-0363

    30 Total Sales

    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21702985

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00071-0000-00011-07

New Jersey Monmouth County Spring Lake 07762

518 Passaic Ave, Spring Lake, NJ

This home is located at 518 Passaic Ave, Spring Lake, NJ 07762 since 26 January 2017 and is currently estimated at $2,624,517, approximately $1,215 per square foot. This property was built in 2002. 518 Passaic Ave is a home located in Monmouth County with nearby schools including St. Catharine School.

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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