NOT LISTED FOR SALE

508 Sussex Ave Spring Lake, NJ 07762

Estimated Value: $1,691,000 - $2,432,000

4 Beds
3 Baths
1,777 Sq Ft
$1,127/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $1,500,000 $844 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $11,207/month

126 Days on Market

Highlights

  • Wood Flooring
  • Loft
  • No HOA
  • Attic
  • Mud Room
  • Home Office

About This Home

As of July 2023

Sussex Ave is attractively located in the middle of North & South End, by town, the lake, footbridges and train station. Bring your imagination to this 50 x 150 conforming lot nestled in the middle of a beautiful block surrounded by charming homes. This 4 bedroom, 3 full bath house with a full basement and oversized two story garage offers endless options. If you are looking to build your dream home or take on a renovation project, this is your opportunity to enjoy relaxing summer days or cozy winters in Spring Lake. Property is being sold ''as is''. (lawn photos are enhanced for photography purposes only)

Last Agent to Sell the Property

Kerry Patterson

Ward Wight Sotheby's International Realty License #0563107 Listed on: 07/29/2022

Ward Wight Sotheby's International Realty

Last Buyer's Agent

Patricia Mayer

Diane Turton, Realtors-Ocean

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,468

Year Built

  • Built in 1932

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,777 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Mud Room
  • Living Room
  • Home Office
  • Loft
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • H. W. Mountz Elementary And Middle School

Utilities

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

Additional Features

  • Handicap Accessible
  • Porch

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 47-00049-0000-00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,468

Year Built

Built in 1932

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: AC Units, Refrigerator, Garage Door Opener
  • Subdivision Name: None
  • Architectural Style: Detached, 2 Story
  • Reso Flooring: Linoleum, Wood, Other
  • Reso Interior Features: Attic, Attic - Pull Down Stairs
  • New Construction: No
  • Year Built: 1932
  • 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
  • General Property Info Acreage: 0.17
  • General Property Info Lot Dimensions: 50 x 150
  • General Property Info Farm: No
  • Location Middle School: H. W. Mountz
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Kitchen Floor - LinoleumVinyl4: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: Yes
  • Interior Attic: Yes
  • Exterior Porch - Open: Yes
  • Number Appliances Included A C Units: Yes
  • Rooms Garage4: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen Eat-In: Yes
  • Garage Oversized: Yes
  • Kitchen Butler Pantry: Yes
  • Cooling Multi Units: Yes
  • Rooms Loft2: Yes
  • Floors Linoleum: Yes
  • Garage Storage Above: Yes
  • Rooms Mud: Yes
  • Mud Level First11: Yes
  • Rooms Attic2: Yes
  • Living Room Ceilings - Beamed2: Yes
  • Style 2 Story: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Total Bedrooms: 15
  • Stories: 2
  • Full Basement: Yes
  • Appliances Included:Refrigerator: Yes
  • Other Rooms:Basement3: Yes
  • Other Rooms:Office2: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Waterfront: No
  • Exterior Features: Porch - Open
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Oversized, Storage
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Forced Air, Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: H. W. Mountz

Lot Info

  • Lot Dimensions: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 47-00049-0000-00011
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6468.0

MLS Schools

  • Elementary School: H. W. Mountz

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Jul 28, 2023
Sold by
Patterson Gilbert Wayne
Bought by
Cooper Stephen and Cooper Sandra H
Seller's Agent
Kerry Patterson
Ward Wight Sotheby's International Realty
Buyer's Agent
Patricia Mayer
Diane Turton, Realtors-Ocean
List Price
$1,795,000
Sold Price
$1,500,000
Premium/Discount to List
-$295,000
-16.43%
Views
96
Current Estimated Value
$2,003,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$503,314
Avg. Annual Appreciation
13.99%
Original Mortgage
$1,200,000
Outstanding Balance
$1,171,041
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$832,273
Source: Public Records

Range of Values:

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Average Value
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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
Cooper Stephen $1,500,000 Surety Title
Cooper Stephen $1,500,000 Surety Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooper Stephen $1,200,000
Closed Cooper Stephen $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2023 07/31/23 Sold $1,500,000 -16.4% $844 / Sq Ft
12/02/2022 12/02/22 Pending -- -- --
11/21/2022 11/21/22 For Sale $1,795,000 0.0% $1,010 / Sq Ft
08/25/2022 08/25/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $1,795,000 -- $1,010 / 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 $7,400 $1,568,700 $1,230,000 $338,700
2024 $6,644 $1,513,200 $1,198,000 $315,200
2023 $6,644 $1,320,800 $1,027,000 $293,800
2022 $6,218 $1,276,700 $997,000 $279,700
2021 $6,218 $1,078,000 $825,000 $253,000
2020 $5,952 $963,100 $720,000 $243,100
2019 $5,898 $936,200 $700,000 $236,200
2018 $5,844 $930,500 $700,000 $230,500
2017 $5,745 $917,800 $700,000 $217,800
2016 $6,213 $909,600 $704,300 $205,300
2015 $5,977 $892,100 $686,800 $205,300
2014 $5,721 $870,400 $665,100 $205,300
Source: Public Records

Agents Affiliated with this Home

  • Kerry Patterson

    Seller's Agent in 2023

    Kerry Patterson

    Ward Wight Sotheby's International Realty

    (917) 576-2191

    21 in this area

    47 Total Sales

    Kerry Patterson
    Section Image

  • P

    Buyer's Agent in 2023

    Patricia Mayer

    Diane Turton, Realtors-Ocean

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22223930

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 47-00049-0000-00011

New Jersey Monmouth County Spring Lake 07762

508 Sussex Ave, Spring Lake, NJ

This home is located at 508 Sussex Ave, Spring Lake, NJ 07762 since 29 July 2022 and is currently estimated at $2,003,314, approximately $1,127 per square foot. This property was built in 1932. 508 Sussex Ave is a home located in Monmouth County with nearby schools including St. Catharine School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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