NOT LISTED FOR SALE

618 Jersey Ave Unit 3 Spring Lake, NJ 07762

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

3 Beds
1 Bath
-- Sq Ft
5,271 Sq Ft Lot

Highlights

  • A-Frame Home
  • Air Conditioning
  • Electric Baseboard Heater
  • Eat-In Kitchen
  • Ceiling Fan
  • Wall to Wall Carpet

About This Home

As of July 2018

Bright and airy annual studio rental on the second floor of a beautiful Spring Lake Heights home. A great opportunity to live year round in this shore town, only a few blocks to the Spring Lake Beaches! This unit provides an eat in kitchen and a cozy living/ bedroom. Less than a mile to Spring Lake town and train. Enjoy shore living year round; use as a pied-a-terre! Easy access to all major roads too. On street and off street parking. Enjoy all the shore has to offer . Sorry no pets.

Last Agent to Rent the Property

Lorraine Allen

Ward Wight Sotheby's International Realty License #0336673 Listed on: 06/07/2018

Ward Wight Sotheby's International Realty

Last Renter's Agent

Mark Cowan

D'Amico & McConnell Realtors

Property Details

Home Type

  • Multi-Family

Year Built

  • 1936

Lot Details

  • 5,271

Home Design

  • Triplex
  • A-Frame Home

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Ceiling Fan
  • Wall to Wall Carpet
  • Walk-Out Basement
  • Eat-In Kitchen

Parking

  • No Garage
  • On-Street Parking
  • Off-Street Parking

Schools

  • Spring Lake Heights Middle School

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • Security Deposit $1,875
  • Property Available on 9/1/18
  • Exclusions: Tenant's Furniture
  • Assessor Parcel Number 48-00019-0000-00105-0001

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: Ceiling Fan(s), Refrigerator
  • Subdivision Name: None
  • Architectural Style: A-Frame
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Assigned Parking: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Spring Lake Heights
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Garage None4: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Kitchen Eat-In: Yes
  • Contract Info Available Date: 2018-09-01
  • Maintenance Fees Security Deposit3: 1875.0
  • Lease Requirements Security Deposit4: Yes
  • Cooling Multi Units: Yes
  • Foyer Floor - WW Carpet: Yes
  • Special Features: None
  • Year Built (Public Record): 1936

Interior Features

  • Basement: Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 1
  • Stories: 1
  • Stories: 1
  • Appliances Included:Refrigerator: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Waterfront: No
  • Exclusions: Tenant's Furniture

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, On Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:On Street: 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
07/08/2018 07/08/18 Rented $15,000 -- --
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

  • M

    Tenant's Agent in 2018

    Mark Cowan

    D'Amico & McConnell Realtors

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21822459

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 48-00019-0000-00105-01

New Jersey Monmouth County Spring Lake 07762

618 Jersey Ave Unit 3, Spring Lake, NJ

Not Listed for Sale

MultiFamily

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Information is deemed reliable but not guaranteed.

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