$1,615,000
SOLD OCT 25, 2023

564 Monmouth Ave Spring Lake, NJ 07762

4 Beds
2 Baths
1,562 Sq Ft
-- Built

Recently Sold

$1,034 Per Sq Ft

2% Below List Price

12 Days on Market

Highlights

  • Garage Apartment
  • Wood Flooring
  • No HOA
  • Cape Cod Architecture
  • Bonus Room
  • Covered patio or porch

About This Home

As of October 2023

Charming home with 4 beds/2baths and additional 2 beds/1 bath garage apartment awaits the next owner. Great location borders the town of Spring Lake and is less then 1 mile to Spring Lake beach. Home sits on 100x150 lot and has development potential. The current owner has obtained municipal subdivision approval to create two building lots, subject to perfection of the approvals. The new owner would be responsible for tearing the current structures down. Endless opportunities here! Continue to collect rent while planning to build; or live in front home (updated kitchen, bath) and beautiful hardwood floors and rent rear home or use as your work from home space! Or use as is and rent front home and rear apartment. Lawn photos are digitally enhanced..

Last Agent to Sell the Property

Lorraine Allen

Ward Wight Sotheby's International Realty License #0336673 Listed on: 08/24/2023

Ward Wight Sotheby's International Realty

Last Buyer's Agent

Lisa Finan

Chris Smith Realty License #2189064

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,649

Lot Details

  • Lot Dimensions are 100x150
  • Fenced
  • Oversized Lot
  • Subdivision Possible

Parking

  • 2 Car Garage
  • Garage Apartment
  • Driveway

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Light Fixtures
  • Living Room
  • Dining Room
  • Bonus Room
  • Unfinished Basement

Kitchen

  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch

Schools

  • Spring Lake Heights Elementary And Middle School
  • St. Rose High School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Tenant's personal furnishings.
  • Assessor Parcel Number 48-00077-0000-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,649

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Oversized, Subdividable
  • Inclusions: AC Units, Washer, Dishwasher, Dryer, Light Fixtures, Microwave, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Cape
  • New Construction: No
  • 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 Lot Dimensions: 100x150
  • General Property Info Farm: No
  • Location Middle School: Spring Lake Heights
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Laundry: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Included Light Fixtures: Yes
  • Number Appliances Included A C Units: Yes
  • Style Cape: Yes
  • Foyer Floor - Wood: Yes
  • Rooms Bonus Room2: Yes
  • Lot Description Oversized3: Yes
  • Kitchen Ceramic Tile3: Yes
  • Cooling Multi Units: Yes
  • General Property Info # UnitsBldgs: 2.0
  • Garage Apt Above Garage: Yes
  • Special Features: None

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Total Bedrooms: 11
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Basement:Unfinished: Yes
  • Primary Bedroom:Floor - Wood6: Yes
  • Primary Bath:Floor - Ceramic7: Yes

Exterior Features

  • Roof: Shingle
  • Topography: Level
  • Waterfront: No
  • Exclusions: Tenant's personal furnishings.
  • Exterior Features: Fence, Patio, Porch - Covered
  • Features Exterior:Porch Covered: Yes
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: None
  • Association: No

Schools

  • Middle Or Junior School: Spring Lake Heights

Lot Info

  • Lot Dimensions: 100x150
  • Parcel #: 48-00077-0000-00001
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10649.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Spring Lake Heights
  • High School: St. Rose High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Sep 29, 2023
Sold by
564 Monmouth Avenue Llc
Bought by
Monmouth Project Llc
Seller's Agent
Lorraine Allen
Ward Wight Sotheby's International Realty
Buyer's Agent
Lisa Finan
Chris Smith Realty
List Price
$1,650,000
Sold Price
$1,615,000
Premium/Discount to List
-$35,000
-2.12%
Views
70

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.62%

Purchase Details

Closed on
Dec 26, 2017
Sold by
Pitney Capital Llc
Bought by
564 Monmouth Avenue Llc

Purchase Details

Listed on
Feb 15, 2014
Closed on
Feb 4, 2014
Sold by
Casagrande Charles L and Eugene Casagrande A
Bought by
Pitney Capital Llc
Seller's Agent
Lorraine Allen
Ward Wight Sotheby's International Realty
Buyer's Agent
Lorraine Allen
Ward Wight Sotheby's International Realty
Sold Price
$18,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.48%

Purchase Details

Closed on
Oct 10, 2008
Sold by
Casagrande Marjorie
Bought by
Casagrande Marjorie and Casagrande Charles L
Source: Public Records

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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 Type Sale Price Title Company
Bargain Sale Deed $1,615,000 None Listed On Document
Deed -- --
Deed $590,000 Prestige Title Agency Inc
Interfamily Deed Transfer -- Coastal Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,250,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 For Sale $2,249,000 +39.3% $687 / Sq Ft
10/25/2023 10/25/23 Sold $1,615,000 -2.1% $1,034 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $1,650,000 0.0% $1,056 / Sq Ft
08/22/2014 08/22/14 Rented $40,500 +117.7% --
03/10/2014 03/10/14 Rented $18,600 0.0% --
02/06/2014 02/06/14 Sold $590,000 -- $513 / 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 $13,246 $1,050,000 $1,050,000 $0
2023 $13,246 $1,182,700 $850,000 $332,700
2022 $9,271 $849,200 $472,600 $376,600
2021 $9,271 $700,200 $408,500 $291,700
2020 $9,142 $673,200 $408,500 $264,700
2019 $9,135 $665,800 $408,500 $257,300
2018 $9,113 $646,300 $408,500 $237,800
2017 $8,557 $629,200 $394,300 $234,900
2016 $8,591 $623,900 $394,300 $229,600
2015 $8,355 $608,500 $384,800 $223,700
2014 $7,577 $564,200 $342,000 $222,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22323607

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 48-00077-0000-00001