NOT LISTED FOR SALE

556 Ocean Rd Spring Lake, NJ 07762

Estimated Value: $996,000 - $1,367,000

3 Beds
1 Bath
2,064 Sq Ft
$576/Sq Ft Est. Value

Last Sold July 02, 2015

Last sale price $472,500 $229 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $7,040/month

Highlights

  • Oceanside
  • Thermal Windows
  • Patio
  • Wood Flooring
  • Multiple cooling system units
  • Living Room

About This Home

As of July 2022

WOW! So Close to the Beach! Huge yard makes it easy to entertain. Fully renovated, first floor 3 bedroom home w/large yard just 5 blocks to beach; a few houses from Spring Lake. A+ location for commuting by train or bus. Hardwood flooring throughout. Bright & clean! 2-3 driveway parking spots. Great schools! Use of basement for plenty of storage, washer/dryer too! Free Wifi. No need for a car if you are commuting by train as train station is within blocks. Bus stop just up the street on Rt. 71 - July $13,000 the month August $12,000 per monthAnnual starting 9/1/2022=$2,900/moBright, clean home in ideal location! 3bedrooms, basement w/laundry&storage, large yard w/fence. If you've been waiting to move to top rated Spring Lk Hts school, here's your chance!

Last Agent to Rent the Property

Jill Stewart

Realty Executives Exceptional License #0345108 Listed on: 11/27/2021

Realty Executives Exceptional

Last Renter's Agent

Christopher Heine

Sitar Realty Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,846

Year Built

  • 1951

Lot Details

  • 8,407

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property
  • Thermal Windows
  • Living Room
  • Storage
  • Basement
  • Laundry in Basement
  • Storm Doors

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • No Garage
  • Driveway
  • Assigned Parking

Outdoor Features

  • Oceanside
  • Patio

Schools

  • Spring Lake Heights Elementary And Middle School

Utilities

  • Multiple cooling system units
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Property Available on 3/1/22
  • Month-to-Month Lease Term
  • Ask Agent About Lease Term
  • Short Term Lease
  • Assessor Parcel Number 48-00038-0000-00016

Community Details

Overview

  • Property has a Home Owners Association
  • Front Yard Maintenance
  • Association fees include trash, lawn maintenance, snow removal, water, sewer

Amenities

  • Community Storage Space

Recreation

  • Snow Removal

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,846

Year Built

1951

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2022-03-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Two Family
  • Reso Association Fee Includes: Trash, Lawn Maintenance, Snow Removal, Water, Sewer
  • Inclusions: Washer, Dryer
  • Subdivision Name: None
  • Architectural Style: Ranch
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Common Elements Extra Storage: Yes
  • Location Middle School: Spring Lake Heights
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Thermal Window: Yes
  • Garage None4: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Exterior Storm Door(s): Yes
  • Foyer Floor - Wood: Yes
  • Style Ranch: Yes
  • Contract Info Available Date: 2022-03-01
  • Maintenance Fees Security Deposit3: 1.5
  • Lease Requirements Security Deposit4: Yes
  • Foyer Floor - Ceramic: Yes
  • Cooling Multi Units: Yes
  • General Property Info # Parking Spaces3: 2
  • Lease Terms Month to Month: Yes
  • Lease Terms Short Term: Yes
  • Lease Terms Winter: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Laundry Level Basement20: Yes
  • Exterior Oceanside2: Yes
  • Exterior Private Storage2: Yes
  • Special Features: None
  • Year Built: 1951

Interior Features

  • Basement: Other
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 9
  • Stories: 1
  • Stories: 1
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • BasementOther: Yes
  • OtherRoomsOther2: Yes
  • Primary Bedroom Floor - Wood8: Yes
  • Primary Bath Floor - Ceramic10: Yes

Exterior Features

  • Waterfront: No
  • Exterior Features: Patio, Storm Door(s), Thermal Window, Oceanside, Private Storage

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, None, Assigned
  • General Property Info:Garage: No
  • Parking Driveway: Yes
  • Parking:Assigned2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Hot Water, Baseboard
  • HeatingYN: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes
  • AssociationHOA Fee Includes:Water: Yes

Schools

  • Middle Or Junior School: Spring Lake Heights

Lot Info

  • Parcel #: 48-00038-0000-00016

MLS Schools

  • Elementary School: Spring Lake Heights

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2015
Closed on
Jun 26, 2015
Sold by
Reynolds Thomas and Reynolds Phyllis
Bought by
Keller William D
Seller's Agent
Katherine Reynolds
Salt and Cedar Properties, LLC
Buyer's Agent
Jill Stewart
Realty Executives Exceptional
Sold Price
$472,500
Current Estimated Value
$1,188,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$716,286
Avg. Annual Appreciation
9.39%
Original Mortgage
$456,730
Outstanding Balance
$359,336
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$829,450
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Keller William D $472,500 Foundation Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keller William D $456,730
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/27/2022 07/27/22 Rented $2,900 0.0% --
07/11/2022 07/11/22 Under Contract -- -- --
11/27/2021 11/27/21 For Rent $2,900 +52.6% --
10/01/2015 10/01/15 Rented $1,900 0.0% --
07/02/2015 07/02/15 Sold $472,500 -- $229 / Sq Ft View Prior Sale
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
2025 $8,846 $879,800 $635,000 $244,800
2024 $8,803 $840,100 $599,800 $240,300
2023 $8,803 $786,000 $551,300 $234,700
2022 $5,708 $631,800 $397,200 $234,600
2021 $5,708 $558,200 $344,900 $213,300
2020 $7,313 $538,500 $344,900 $193,600
2019 $7,313 $533,000 $344,900 $188,100
2018 $6,892 $488,800 $314,900 $173,900
2017 $6,618 $486,600 $314,900 $171,700
2016 $6,329 $459,600 $314,900 $144,700
2015 $5,822 $424,000 $283,100 $140,900
2014 $5,682 $423,100 $283,100 $140,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2022

    Jill Stewart

    Realty Executives Exceptional

    (973) 464-2823

    2 in this area

    58 Total Sales

    Jill Stewart
    Section Image

  • C

    Tenant's Agent in 2022

    Christopher Heine

    Sitar Realty Company

  • Katherine Reynolds

    Seller's Agent in 2015

    Katherine Reynolds

    Salt and Cedar Properties, LLC

    (908) 244-6891

    8 in this area

    79 Total Sales

    Katherine Reynolds
    Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22137702

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 48-00038-0000-00016

New Jersey Monmouth County Spring Lake 07762

556 Ocean Rd, Spring Lake, NJ

This home is located at 556 Ocean Rd, Spring Lake, NJ 07762 since 27 November 2021 and is currently priced at $1,188,786. This property was built in 1951. 556 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.

Nearby Homes