NOT LISTED FOR SALE

618 Jersey Ave Unit 1 Spring Lake, NJ 07762

Estimated Value: $904,000 - $1,349,521

1 Bed
1 Bath
-- Sq Ft
5,271 Sq Ft Lot

Highlights

  • A-Frame Home
  • Bonus Room
  • Air Conditioning
  • Wood Flooring
  • Porch
  • Living Room

About This Home

As of October 2018

The perfect home nestled between wreck pond,restaurants and shops on rte 71 and the wonderful Spring Lake beaches just a short distance away. A quiet home featuring a relaxing front porch to spend summer nights and crisp fall nights. Unit is on the first floor of a three family home. Large eat in kitchen, washer and dryer and hardwood and pergo floors are some of the features. Entrances in the front and rear make this a very easy home to access. Parking in the rear of home. Come and enjoy living at the Jersey Shore in this great unit.

Last Agent to Rent the Property

Lorraine Allen

Ward Wight Sotheby's International Realty License #0336673 Listed on: 07/30/2018

Ward Wight Sotheby's International Realty

Last Renter's Agent

Pauline Evans

Ward Wight Sotheby's International Realty License #1542501

Property Details

Home Type

  • Multi-Family

Year Built

  • 1936

Lot Details

  • 5,271

Home Design

  • Triplex
  • A-Frame Home

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Bonus Room
  • Wood Flooring
  • Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Off-Street Parking
  • Assigned Parking

Schools

  • Spring Lake Heights Middle School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Electric Baseboard Heater
  • Natural Gas Water Heater

Additional Features

  • Porch
  • Lower Level

Listing and Financial Details

  • Security Deposit $2,250
  • Property Available on 9/1/18
  • Exclusions: Tenant's furnishings
  • Assessor Parcel Number 48-00019-0000-00105-0001

Community Details

Overview

  • 3 Units

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Year Built

1936

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2018-09-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Three Family
  • Inclusions: Washer, Stove, Ceiling Fan(s), Microwave, Refrigerator, Dishwasher, Dryer
  • Subdivision Name: None
  • Architectural Style: Lower Level, A-Frame
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Assigned Parking: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Spring Lake Heights
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Exterior Porch - Open: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Rooms Bonus Room2: Yes
  • Contract Info Available Date: 2018-09-01
  • Maintenance Fees Security Deposit3: 2250.0
  • Lease Requirements Security Deposit4: Yes
  • Cooling Multi Units: Yes
  • General Property Info # Parking Spaces3: 1
  • Allowable Cats2: Yes
  • Allowable Dogs2: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Style Lower Level: Yes
  • Special Features: None
  • Year Built (Public Record): 1936

Interior Features

  • Basement: Other
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • BasementOther: Yes

Exterior Features

  • Waterfront: No
  • Exclusions: Tenant's furnishings
  • Exterior Features: Porch - Open

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, On Street, Assigned
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes
  • Parking:Assigned2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Electric BB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Schools

  • Middle Or Junior School: Spring Lake Heights

Lot Info

  • Parcel #: 48-00019-0000-00105-0001

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2021
Sold by
Gechtberg Mark
Bought by
Mgnj Properties Llc
Current Estimated Value
$1,185,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$326,250
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$859,380

Purchase Details

Closed on
Apr 4, 2014
Sold by
Romeo Robert
Bought by
Gechtberg Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 1999
Sold by
Short Thomas
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
$160,000
Interest Rate
8.1%

Purchase Details

Closed on
Sep 22, 1994
Sold by
Delvillar Clara
Bought by
Short Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
8.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mgnj Properties Llc -- Advantage Title Services Llc
Gechtberg Mark $423,500 Premier Abstract & Title Age
Icv Llc $245,000 --
Short Thomas $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mgnj Properties Llc $360,000
Previous Owner Gechtberg Mark $317,000
Previous Owner Icv Llc $160,000
Previous Owner Short Thomas $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2018 10/21/18 Rented $18,000 +118.2% --
12/11/2014 12/11/14 Rented $8,250 -- --
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 $8,924 $864,600 $607,100 $257,500
2024 $8,936 $847,500 $594,700 $252,800
2023 $8,936 $797,900 $551,000 $246,900
2022 $7,682 $643,600 $396,300 $247,300
2021 $7,682 $569,000 $344,200 $224,800
2020 $7,446 $548,300 $344,200 $204,100
2019 $7,417 $540,600 $344,200 $196,400
2018 $7,034 $498,900 $317,400 $181,500
2017 $6,754 $496,600 $317,400 $179,200
2016 $6,933 $503,500 $317,400 $186,100
2015 $5,815 $423,500 $292,200 $131,300
2014 $6,669 $496,600 $292,200 $204,400
Source: Public Records

Agents Affiliated with this Home

  • Lorraine Allen

    Landlord's Agent in 2018

    Lorraine Allen

    Ward Wight Sotheby's International Realty

    (732) 500-1990

    2 in this area

    11 Total Sales

    Lorraine Allen
    Section Image
  • Pauline Evans

    Tenant's Agent in 2018

    Pauline Evans

    Ward Wight Sotheby's International Realty

    (917) 648-1820

    4 in this area

    39 Total Sales

    Pauline Evans
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21830045

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 48-00019-0000-00105-01

New Jersey Monmouth County Spring Lake 07762

618 Jersey Ave Unit 1, Spring Lake, NJ

Not Listed for Sale

MultiFamily

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Information is deemed reliable but not guaranteed.

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