NOT LISTED FOR SALE

555 Ocean Rd Spring Lake, NJ 07762

Estimated Value: $1,016,000 - $1,210,404

4 Beds
1.5 Baths
1,671 Sq Ft
$680/Sq Ft Est. Value

Last Sold June 01, 2022

Last sale price $815,000 $488 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,677/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Sun or Florida Room
  • Porch
  • Wood Flooring
  • No HOA
  • Cooling Available

About This Home

As of June 2022

Opportunity knocks! There is so much potential in this 4 bedroom, 1.5 bath home East of Route 71 in Spring Lake Heights. Think of the possibilities!! The home sits on a 60 x 145 lot, has a dry basement, a large yard, 2 bedrooms downstairs and 2 bedrooms upstairs, and great neighbors. Check it out today!

Last Agent to Sell the Property

Eugenia Torres

Coldwell Banker Realty License #8933474 Listed on: 03/16/2022

Coldwell Banker Realty

Last Buyer's Agent

William Hanley

Weichert Realtors-Metuchen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,310

Year Built

  • Built in 1926

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 60 x 145
  • Fenced

Home Design

  • Colonial Architecture
  • Farmhouse Style Home
  • Asphalt Rolled Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Blinds
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Unfinished Basement
  • Partial Basement
  • Pull Down Stairs to Attic

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • No Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Patio
  • Shed
  • Storage Shed
  • Porch

Schools

  • Spring Lake Heights Elementary And Middle School
  • Manasquan High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 48-00023-0000-00032

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,310

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Blinds/Shades, Dishwasher, Stove
  • Subdivision Name: None
  • Architectural Style: Farm House, Colonial
  • Reso Flooring: Wood
  • Reso Interior Features: Attic - Pull Down Stairs
  • New Construction: No
  • Reso Other Structures: Storage Shed
  • Year Built: 1926
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.2
  • General Property Info Lot Dimensions: 60 x 145
  • 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
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Water Heater Natural Gas2: Yes
  • Out Buildings Storage Shed: Yes
  • Exterior Shed: Yes
  • General Property Info Handicap Access: No
  • Exterior Porch - Open: Yes
  • Included BlindsShades: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Dining Room Floor - WW Carpet6: Yes
  • Garage None4: Yes
  • Foyer Floor - Wood: Yes
  • Roof Timberline: Yes
  • ExteriorOutdoorShower: Yes
  • General Property Info # UnitsBldgs: 1.0
  • Foyer Floor - WW Carpet: Yes
  • Special Features: None

Interior Features

  • Basement: Partial, Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Total Bedrooms: 10
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Other Rooms:Sunroom: Yes
  • Basement:Unfinished: Yes
  • Basement:Partial: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes

Exterior Features

  • Roof: Timberline
  • Acres: 0.2
  • Waterfront: No
  • Exterior Features: Fence, Outdoor Shower, Patio, Porch - Open, Shed
  • Construction:Siding - Vinyl: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: None
  • Association: No

Schools

  • Middle Or Junior School: Spring Lake Heights

Lot Info

  • Lot Dimensions: 60 x 145
  • Lot Size Sq Ft: 8712.0
  • Parcel #: 48-00023-0000-00032
  • Zoning Description: Residential, Neighborhood

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7310.0

Multi Family

  • Number Of Units Total: 1

MLS Schools

  • Elementary School: Spring Lake Heights
  • High School: Manasquan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2022
Closed on
Jun 1, 2022
Sold by
Thomas Bowker
Bought by
Tito Michael and Tito Jennifer
Seller's Agent
Eugenia Torres
Coldwell Banker Realty
Buyer's Agent
William Hanley
Weichert Realtors-Metuchen
List Price
$699,000
Sold Price
$815,000
Premium/Discount to List
$116,000
16.6%
Current Estimated Value
$1,086,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,779
Avg. Annual Appreciation
8.60%
Original Mortgage
$652,000
Outstanding Balance
$623,933
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$437,229

Purchase Details

Closed on
Jun 6, 1996
Sold by
Berkeley Federal Bank
Bought by
Bowker Thomas and Bowker Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
8.24%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Tito Michael $815,000 Fidelity National Title
Bowker Thomas $121,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tito Michael $652,000
Previous Owner Bowker Thomas $125,584
Previous Owner Bowker Thomas $424,297
Previous Owner Bowker Thomas $350,000
Previous Owner Bowker Thomas $85,000
Previous Owner Bowker Thomas $50,000
Previous Owner Bowker Thomas $142,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Sold $815,000 +16.6% $488 / Sq Ft
03/16/2022 03/16/22 For Sale $699,000 -- $418 / 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 $8,725 $833,300 $605,900 $227,400
2023 $8,725 $779,000 $556,900 $222,100
2022 $6,873 $613,600 $401,200 $212,400
2021 $6,873 $541,500 $348,400 $193,100
2020 $7,112 $523,700 $348,400 $175,300
2019 $7,117 $518,700 $348,400 $170,300
2018 $6,706 $475,600 $318,100 $157,500
2017 $6,441 $473,600 $318,100 $155,500
2016 $6,656 $483,400 $318,100 $165,300
2015 $6,137 $447,000 $286,000 $161,000
2014 $6,194 $461,200 $286,000 $175,200
Source: Public Records

Agents Affiliated with this Home

  • Eugenia Torres

    Seller's Agent in 2022

    Eugenia Torres

    Coldwell Banker Realty

    (732) 977-3170

    2 in this area

    61 Total Sales

    Section Image

  • W

    Buyer's Agent in 2022

    William Hanley

    Weichert Realtors-Metuchen

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22207293

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 48-00023-0000-00032

New Jersey Monmouth County Spring Lake 07762

555 Ocean Rd, Spring Lake, NJ

This home is located at 555 Ocean Rd, Spring Lake, NJ 07762 since 16 March 2022 and is currently estimated at $1,136,601, approximately $680 per square foot. This property was built in 1926. 555 Ocean Rd is a home located in Monmouth County with nearby schools including Spring Lake Heights Elementary School, The Brookside School, and 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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