NOT LISTED FOR SALE

554 Jersey Ave Spring Lake, NJ 07762

Estimated Value: $1,442,000 - $2,261,997

4 Beds
2.5 Baths
2,004 Sq Ft
$943/Sq Ft Est. Value

Last Sold October 03, 2016

Last sale price $769,500 $384 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $11,391/month

196 Days on Market

Highlights

  • Ocean View
  • Colonial Architecture
  • Wood Flooring
  • Home fronts a pond
  • Pond
  • Bonus Room

About This Home

As of October 2016

Spacious, three level home with sweeping views of wreck pond. Enjoy the sights and sounds of nature, while still being within walking distance to the beach. If this home was a half block east (in Spring Lake)—it would be priced $500,000 more. Reasonable taxes and no flood insurance will leave room in your budget to enjoy the shore lifestyle. Three large bedrooms on the second level, and the entire third floor can be used as a 4th bedroom. Rental history makes this a good investment...or add your personal touches for the perfect year round or vacation home.

Last Agent to Sell the Property

Brian Church

Gloria Nilson & Co. Real Estate Listed on: 01/22/2016

Last Buyer's Agent

Diane Glander

Keller Williams Realty Spring Lake License #0457819

Keller Williams Realty Spring Lake

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,803

Year Built

  • Built in 1951

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 60 x 150
  • Home fronts a pond
  • Fenced
  • Oversized Lot

Parking

  • 2 Car Detached Garage
  • Oversized Parking

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,004 Sq Ft Home
  • 3-Story Property
  • Crown Molding
  • Recessed Lighting
  • Light Fixtures
  • Thermal Windows
  • Blinds
  • French Doors
  • Sliding Doors
  • Sitting Room
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Sun or Florida Room
  • Ocean Views
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Gas Cooktop
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Pond
  • Balcony
  • Patio
  • Exterior Lighting

Schools

  • Spring Lake Heights Middle School
  • Manasquan High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 48-00022-0000-00094

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,803

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Model: N/A
  • ResoLotFeatures: Fenced Area, Oversized, Pond
  • Inclusions: Outdoor Lighting, Washer, Timer Thermostat, Blinds/Shades, Dishwasher, Dryer, Light Fixtures, Self/Con Clean, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Detached, Colonial
  • Reso Flooring: Ceramic Tile, W/W Carpet, Wood
  • Reso Interior Features: Attic - Pull Down Stairs, Bonus Room, Dec Molding, Den, French Doors, Sliding Door, Recessed Lighting
  • New Construction: No
  • Year Built: 1951
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Interior Sliding Door: Yes
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.21
  • General Property Info Lot Dimensions: 60 x 150
  • General Property Info Farm: No
  • Location Middle School: Spring Lake Heights
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Lot Description Fenced Area: 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
  • General Property Info Handicap Access: No
  • Interior Dec Molding: Yes
  • Interior French Doors: Yes
  • Interior Recessed Lighting: Yes
  • Interior Den: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Exterior Thermal Window: Yes
  • Included Outdoor Lighting: Yes
  • Included Timer Thermostat: Yes
  • Foyer Floor - Wood: Yes
  • Dining Room Dec Molding4: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Rooms Bonus Room2: Yes
  • Included SelfCon Clean: Yes
  • Living Room Dec Molding3: Yes
  • Kitchen Eat-In: Yes
  • Rooms Sitting: Yes
  • Kitchen Floor - Wood4: Yes
  • Parking Oversized2: Yes
  • Interior Bonus Room: Yes
  • Lot Description Pond2: Yes
  • Water Type Pond: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Total Bedrooms: 14
  • Stories: 3
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Other Rooms:Sunroom: Yes
  • Other Rooms:Den2: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom Level:Second43: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Shower Stall: Yes
  • Primary Bedroom:Walk-in Closet: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.21
  • Topography: Level
  • Waterfront Features: Oceanview, Pond
  • Waterfront: Yes
  • Exclusions: Personal Property
  • Exterior Features: Balcony, Fence, Patio, Thermal Window, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage: 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

  • Association Fee Frequency: None
  • Association: No

Schools

  • Middle Or Junior School: Spring Lake Heights

Lot Info

  • Lot Dimensions: 60 x 150
  • Lot Size Sq Ft: 9147.6
  • Parcel #: 48-00022-0000-00094
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 7803.0

MLS Schools

  • High School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2016
Closed on
Oct 20, 2016
Sold by
Krieg Stacy and Kennedy James A
Bought by
Villanueva Marie and Villanueva Herbert
Seller's Agent
Brian Church
Gloria Nilson & Co. Real Estate
Buyer's Agent
Diane Glander
Keller Williams Realty Spring Lake
Sold Price
$769,500
Current Estimated Value
$1,890,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,120,749
Avg. Annual Appreciation
10.65%
Interest Rate
3.52%

Purchase Details

Closed on
Dec 8, 2000
Sold by
Mueller Frederick
Bought by
Kennedy James and Kennedy Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
7.7%
Source: Public Records

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
Villanueva Marie $769,500 --
Kennedy James $142,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villanueva Herbert $50,000
Closed Villanueva Marie --
Previous Owner Kennedy Stacy K $65,000
Previous Owner Kennedy Stacy K $475,000
Previous Owner Kennedy James $146,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2016 10/03/16 Sold $769,500 -- $384 / 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 $13,087 $1,274,500 $782,000 $492,500
2023 $13,087 $1,168,500 $687,500 $481,000
2022 $11,308 $1,011,300 $495,300 $516,000
2021 $11,308 $899,200 $430,100 $469,100
2020 $11,623 $855,900 $430,100 $425,800
2019 $11,578 $843,900 $430,100 $413,800
2018 $10,368 $735,300 $392,700 $342,600
2017 $9,942 $731,000 $392,700 $338,300
2016 $8,449 $613,600 $392,700 $220,900
2015 $7,803 $568,300 $353,100 $215,200
2014 $7,726 $575,300 $353,100 $222,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21602682

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 48-00022-0000-00094