NOT LISTED FOR SALE

562 Prospect Ave Spring Lake, NJ 07762

Estimated Value: $1,071,000 - $1,831,342

5 Beds
2 Baths
2,626 Sq Ft
$520/Sq Ft Est. Value

Last Sold December 31, 2022

Last sale price $825,000 $314 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $8,142/month

98 Days on Market

Highlights

  • Water Views
  • Dining Room with Fireplace
  • Wood Flooring
  • Deck
  • Creek On Lot
  • No HOA

About This Home

As of December 2022

Huge Reduction! Although zoned single family it could be perfect multi-generational home with kitchenette and separate entrance downstairs. Stunning waterviews on park-like deep lot. Launch your kayaks or rowboat in Back Creek or just relax with the view. PARKING for many cars plus large garage w area for workshop. FAM RM with FPL and CERAMIC TILE that leads to LARGE DECK W GRILL area OVERLOOKS BACKYARD AREA. plus just blocks from beach. New AC installed. Newer Gutter Guards. House not in flood zone. Please Present all offers.
Owner is Licensed NJ re agent.

Last Agent to Sell the Property

Jackie Kennedy

Diane Turton, Realtors-Spring Lake License #9236758 Listed on: 06/02/2022

Co-Listed By

Suzanne Friend

Diane Turton, Realtors-Spring Lake License #9010207

Last Buyer's Agent

Elaine Bodine

Diane Turton, Realtors-Avon

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,897

Year Built

  • Built in 1971

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 60 x 180
  • Home fronts a stream

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Parking Available
  • Workshop in Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Crown Molding
  • Beamed Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Insulated Windows
  • Window Screens
  • Sliding Doors
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Water Views
  • Storm Windows

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms
  • Primary Bathroom Bathtub Only

Laundry

  • Dryer
  • Washer

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Outdoor Features

  • Outdoor Shower
  • Creek On Lot
  • Stream or River on Lot
  • Deck
  • Exterior Lighting
  • Porch

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Stream

Listing and Financial Details

  • Assessor Parcel Number 48-00039-0000-00068

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,897

Year Built

Built in 1971

Lot Details

0.25 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Creek, Stream
  • Co List Office Mls Id: 154
  • Co List Office Phone: 732-449-4441
  • Inclusions: Washer, Ceiling Fan(s), Dishwasher, Dryer, Microwave, Refrigerator, Screens, Attic Fan, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Detached, Bi-Level
  • Reso Interior Features: Attic - Pull Down Stairs, Ceilings - Beamed, Dec Molding, Sliding Door, Recessed Lighting
  • New Construction: No
  • ResoWindowFeatures: Insulated Windows
  • Year Built: 1971
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • 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
  • General Property Info Acreage: 0.25
  • General Property Info Lot Dimensions: 60 x 180
  • General Property Info Farm: No
  • Location Middle School: Spring Lake Heights
  • Style Bi-Level: Yes
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 2.0
  • Interior Dec Molding: Yes
  • Interior Recessed Lighting: Yes
  • Exterior Porch - Open: Yes
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included Ceiling Fan(s): Yes
  • Included Screens: Yes
  • Living Room Fireplace - Gas7: Yes
  • Foyer Floor - Wood: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • ExteriorDeck: Yes
  • Parking Concrete: Yes
  • SidingBrick: Yes
  • Living Room Dec Molding3: Yes
  • Garage Oversized: Yes
  • ExteriorOutdoorShower: Yes
  • GreatFamily Room Fireplace - Gas4: Yes
  • Water Heater Tank: Yes
  • Included Attic Fan: Yes
  • Garage Storage Above: Yes
  • Interior Ceilings - Beamed: Yes
  • Foyer Dec Molding2: Yes
  • Lot Description Creek2: Yes
  • Foyer Floor - WW Carpet: Yes
  • Garage Workshop Workbench2: Yes
  • Foyer Fireplace - Gas: Yes
  • Dining Room Fireplace - Gas6: Yes
  • Lot Description Stream2: Yes
  • Water Type Stream: Yes
  • Water Type Creek: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Energy Features Storm Windows: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 2
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bath:Floor - Ceramic7: Yes
  • Primary Bath:Tub: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.25
  • Waterfront Features: Creek, Stream
  • Waterfront: Yes
  • Construction Type: Brick
  • Exterior Features: Deck, Outdoor Shower, Porch - Open, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Driveway, Off Street, Oversized, Storage, Workshop in Garage
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Baseboard, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: 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 180
  • Lot Size Sq Ft: 10890.0
  • Parcel #: 48-00039-0000-00068
  • Zoning Description: Residential, Single Family

Green Features

  • Energy Features Insulated Windows: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9897.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2022
Closed on
Dec 20, 2022
Sold by
Kennedy Jacqueline
Bought by
Dowling Elizabeth
Seller's Agent
Jackie Kennedy
Diane Turton, Realtors-Spring Lake
Buyer's Agent
Elaine Bodine
Diane Turton, Realtors-Avon
List Price
$1,249,000
Sold Price
$825,000
Premium/Discount to List
-$424,000
-33.95%
Views
151
Current Estimated Value
$1,364,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$539,836
Avg. Annual Appreciation
16.92%

Purchase Details

Closed on
Mar 20, 2006
Sold by
Kennedy Brian T
Bought by
Kennedy Jacqueline

Purchase Details

Closed on
May 15, 1996
Sold by
Bell Frank
Bought by
Kennedy Brian and Kennedy Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.89%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dowling Elizabeth $825,000 --
Kennedy Jacqueline -- --
Kennedy Brian $143,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kennedy Brian $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2022 12/31/22 Sold $825,000 -5.7% $314 / Sq Ft
08/24/2022 08/24/22 Price Changed $875,000 -7.9% $333 / Sq Ft
08/08/2022 08/08/22 Price Changed $950,000 -5.0% $362 / Sq Ft
07/15/2022 07/15/22 Price Changed $999,999 -13.0% $381 / Sq Ft
06/16/2022 06/16/22 Price Changed $1,149,000 -8.0% $438 / Sq Ft
06/02/2022 06/02/22 For Sale $1,249,000 -- $476 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $11,546 $1,124,100 $839,500 $284,600
2024 $11,483 $1,096,500 $792,900 $303,600
2023 $11,483 $1,025,300 $728,800 $296,500
2022 $5,601 $829,300 $525,000 $304,300
2021 $5,601 $733,100 $455,900 $277,200
2020 $9,608 $707,500 $455,900 $251,600
2019 $9,555 $696,400 $455,900 $240,500
2018 $9,004 $638,600 $416,300 $222,300
2017 $8,647 $635,800 $416,300 $219,500
2016 $8,716 $633,000 $416,300 $216,700
2015 $8,038 $585,400 $374,300 $211,100
2014 $7,843 $584,000 $374,300 $209,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22216423

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 48-00039-0000-00068

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