NOT LISTED FOR SALE

616 Jersey Ave Spring Lake, NJ 07762

Estimated Value: $674,000 - $820,000

2 Beds
1 Bath
828 Sq Ft
$904/Sq Ft Est. Value

Last Sold May 10, 2022

Last sale price $520,000 $628 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,426/month

About This Home

Welcome to your new beachside oasis in Spring Lake Heights! This delightful 2 bedroom, 1 bathroom beach cottage offers the perfect blend of comfort and convenience. Located just a stone's throw from the beach, shops, and more, this property is a beach lover's dream. Plenty of off-street parking, a quick walk or bike ride to the beach, new stainless steel appliances, new washer/dryer, private back patio, and can be rented empty, or fully/partially furnished. Pets are allowed on a case by case basis.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
May 9, 2022
Sold by
Donna Fehskens
Bought by
Robinson Hayley Albers
Seller's Agent
Doris Baril
Diane Turton, Realtors-Spring Lake
Buyer's Agent
Josh Starner
Sackman Realty
List Price
$499,000
Sold Price
$520,000
Premium/Discount to List
$21,000
4.21%
Current Estimated Value
$741,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,784
Avg. Annual Appreciation
10.65%
Original Mortgage
$488,400
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2005
Sold by
Icv Llc
Bought by
Fehskens Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.63%

Purchase Details

Closed on
Aug 23, 1999
Sold by
Short David
Bought by
Icv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.1%

Purchase Details

Closed on
Sep 22, 1994
Sold by
Delvillar Clara
Bought by
Short David and Short Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.55%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
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
Robinson Hayley Albers -- Panepinto Thomas N
Robinson Hayley Albers -- None Listed On Document
Fehskens Donna $305,000 --
Icv Llc $80,000 --
Short David $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robinson Hayley Albers $488,400
Previous Owner Fehskens Donna $244,000
Previous Owner Icv Llc $40,000
Previous Owner Short David $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/08/2023 11/08/23 Rented $35,400 +1100.0% --
10/26/2023 10/26/23 Under Contract -- -- --
10/16/2023 10/16/23 Price Changed $2,950 -4.8% $4 / Sq Ft
10/09/2023 10/09/23 Price Changed $3,100 -6.1% $4 / Sq Ft
09/28/2023 09/28/23 Price Changed $3,300 -5.7% $4 / Sq Ft
09/22/2023 09/22/23 For Rent $3,500 0.0% --
05/10/2022 05/10/22 Sold $520,000 +4.2% $578 / Sq Ft View Prior Sale
04/22/2022 04/22/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $499,000 0.0% $554 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $499,000 -- $554 / Sq Ft

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 $6,290 $588,000 $497,000 $91,000
2024 $6,265 $597,300 $508,000 $89,300
2023 $6,265 $559,400 $474,900 $84,500
2022 $4,874 $411,300 $321,100 $90,200
2021 $4,874 $361,000 $279,000 $82,000
2020 $4,801 $353,500 $279,000 $74,500
2019 $4,875 $355,300 $279,000 $76,300
2018 $4,667 $331,000 $260,400 $70,600
2017 $4,489 $330,100 $260,400 $69,700
2016 $4,533 $329,200 $260,400 $68,800
2015 $4,304 $313,500 $246,500 $67,000
2014 $4,205 $313,100 $246,500 $66,600
Source: Public Records

Agents Affiliated with this Home

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