See Home Value
$2,975,000
● House - Off Market

111 Salem Avenue

Spring Lake, NJ 07762
bedrooms
6 Beds
bathrooms
4 Baths
$3,969,864
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Steps from the beach and conveniently close to town, this Spring Lake location is rarely available for sale. Spacious & full of light, this 6 BR, 4 BA, recently renovated home is in mint condition. Many custom features icl: beautiful HW floors, custom moldings & built-ins, fully wired for a sophisticated electrical remote lighting & heating system & a Sonos speaker system throughout. On the first floor level you enter from a beautiful porch to the entrance which leads to a formal sitting area w/ TV/guest room sectioned off by sliding doors for privacy. The layout leads you past the main staircase & a full bath into an oversized kit/dr & great rm. The kitchen has high end appliances, marble counters, a large island for seating & plenty of cabs. Off the kitchen is a laundry/mud rm that leads to the outdoor shower. Other features on the main level's entertainment area icl:plenty of seating, gas frplce, & a separate bar area w/ wine fridge and beverage drawers. The second floor has 4 generously sized BR's ( including the MBR w/ en-suite bath) and several outdoor decks. The 3rd level is the ultimate bunking area for guests w/ two oversized rooms for plenty of sleepovers & a large full bath w/ double sinks.  Outdoors you'll find a beautiful stone patio, inclosed outdoor shower w/ hot water, speakers, beautiful landscaping w/ lighting on trees and landscaping and a new sprinkler system. This home is turnkey! All room sizes are approx
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$989
HOA Dues
-
Year Built
1950

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (MOMLS #22007740)

Price History

Date / Event Date Event Price
Nov 16, 2020 Sold
Sold
Feb 26, 2020 Listed by Diane Turton, Realtors-Point Pleasant Boro $2,995,000
Listed by Diane Turton, Realtors-Point Pleasant Boro

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 250
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,349
  • Building Area: 3,349
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,349
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Spring Lake Borough School District
  • Census Tract: 809100

Zoning

  • Zoning: SF05

Geography

  • District: 47
  • Parcel: 47 00020-0000-00006
  • Block: 20
  • Lot: 6
  • Municipality: SPRING LAKE BORO
  • Latitude: 40.1435
  • Longitude: -74.0281

    Address

  • Full Address: 111 Salem Ave
  • Address - House Number: 111
  • Address - Street Name: Salem
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Spring Lake
  • Carrier Code: C004
  • 4-Digit Zip Code: 1039
  • Zip Code: 07762

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,594,460

    Appraisal Valuation

  • Standard Deviation: 0.19
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 3,598,423
  • High Value: 4,282,189
  • Low Value: 2,914,657

    Market Valuation

  • Market Total Value: $3,169,900
  • Market Land Value: $1,923,200
  • Market Improvement Value: $1,246,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,169,900
  • Assessed Land Value: $1,923,200
  • Assessed Improvements Value: $1,246,700

    Sales

  • Current Sale Contract Date: Nov 15, 2020
  • Current Sale Recording Date: Jan 06, 2021
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021002921
  • Previous Sale Recording Date: Dec 04, 2000
  • Previous Sale Contract Date: Nov 21, 2000
  • Previous Sale Amount: $859,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Spring Lake


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 113 Beacon Boulevard, Sea Girt, NJ, 08750

$7,000 /mo

  • 4 Beds
  • 2 Baths
113 Beacon Boulevard #FRONTHOUSE, Sea Girt, NJ, 08750 Listing by Geraldine Campisano
Unit for rent at 38 Ocean Avenue, NJ, 08736

$7,000 /mo

  • 5 Beds
  • 5 Baths
  • 4,966 ft²
38 Ocean Avenue, NJ, 08736 Listing by Jeanne Grasso
Unit for rent at 18 Meadow Avenue, Manasquan, NJ, 08736

$6,600 /mo

  • 4 Beds
  • 3 Baths
  • 2,398 ft²
18 Meadow Avenue, Manasquan, NJ, 08736 Listing by Mary E Ernish


Frequently Asked Questions

When was property at 111 Salem Avenue built and last sold?
The property at 111 Salem Avenue was built in 1950 and last sold on Nov 15, 2020 for $2,963,000.
How much is this home worth?
The estimated value of the home located at 111 Salem Avenue is $3,024,950.
What are some comparable homes to 111 Salem Avenue?
There are currently no comparable homes to 111 Salem Avenue.