NOT LISTED FOR SALE

818 Prospect Ave Spring Lake, NJ 07762

Estimated Value: $786,000 - $921,000

3 Beds
1 Bath
1,044 Sq Ft
$805/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $710,000 $680 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,057/month

19 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Shed
  • Attic
  • No HOA
  • 4-minute walk to Ocean Road Park

About This Home

As of December 2023

RARE OPPORTUNITY! In one of the best neighborhoods in the ''Heights'' sits this charming ranch. Bring your vision, personal touches and renovation ideas to this highly desirable location. Sitting on a generous 50x150 corner lot, this is the perfect chance to lock-in a full time residence, beach home or take advantage of a great investment opportunity. Hardwood floors underneath carpet in living room. SLH offers an award winning K-8 school system, about 1 mile to the breathtaking shores of Spring Lake Beach, wonderful community parks, local dining/bars and the trendy shops of Spring Lakes historical downtown. Commuting? Access the GSP in 5-10 min or head a few blocks east to the Spring Lake Train Station.

Last Agent to Sell the Property

Christopher Smith

Chris Smith Realty License #1541315 Listed on: 09/29/2023

Last Buyer's Agent

NON MEMBER

VRI Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,350

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Corner Lot

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Sliding Doors
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Flooring

  • Wall to Wall Carpet
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Driveway
  • On-Street Parking

Outdoor Features

  • Deck
  • Shed

Schools

  • Spring Lake Heights Elementary And Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 48-00031-0000-00020

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,350

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Reso Interior Features: Attic
  • Year Built: 1950
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • GreatFamily Room Sliding Door4: Yes
  • General Property Info Acreage: 0.17
  • General Property Info Lot Dimensions: 50x150
  • Location Middle School: Spring Lake Heights
  • Lot Description Corner Lot: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Shed: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Garage None4: Yes
  • ExteriorDeck: Yes
  • Style Ranch: Yes
  • GreatFamily Room Fireplace - Woodburning5: Yes
  • GreatFamily Room Floor - Laminate6: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Stories: 1
  • Full Basement: Yes
  • Basement:Unfinished: Yes
  • Primary Bedroom:Floor - WW Carpet3: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Waterfront: No
  • Exterior Features: Deck, Shed
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, On Street, None
  • General Property Info:Garage: No
  • Parking Driveway: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Spring Lake Heights

Lot Info

  • Lot Dimensions: 50x150
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 48-00031-0000-00020

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Spring Lake Heights

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Nov 18, 2023
Sold by
Mcardle Margaret R and Mcardle Michael
Bought by
Newall Patrick and Caulfield Katherine A
Seller's Agent
Christopher Smith
Chris Smith Realty
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$749,000
Sold Price
$710,000
Premium/Discount to List
-$39,000
-5.21%
Views
129
Current Estimated Value
$840,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,710
Avg. Annual Appreciation
9.62%
Original Mortgage
$426,000
Outstanding Balance
$418,931
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$421,779
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Newall Patrick $710,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newall Patrick $426,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2023 12/08/23 Sold $710,000 -5.2% $680 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
09/29/2023 09/29/23 For Sale $749,000 -- $717 / 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
2025 $7,350 $719,900 $577,500 $142,400
2024 $7,691 $698,000 $529,900 $168,100
2023 $7,691 $686,700 $522,500 $164,200
2022 $6,149 $515,300 $366,300 $149,000
2021 $6,149 $455,500 $319,000 $136,500
2020 $5,716 $420,900 $297,000 $123,900
2019 $5,727 $417,400 $297,000 $120,400
2018 $5,757 $408,300 $297,000 $111,300
2017 $5,534 $406,900 $297,000 $109,900
2016 $5,584 $405,500 $297,000 $108,500
2015 $5,529 $402,700 $297,000 $105,700
2014 $5,103 $380,000 $275,000 $105,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22327078

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 48-00031-0000-00020