See Home Value
$2,950,000
● House - Off Market

511 Ludlow Avenue

Spring Lake, NJ 07762
bedrooms
8 Beds
bathrooms
6 Baths
square feet
5,915 Ft²
$16,163
Est. Monthly
5.46%
Cap Rate

About This Property

This is a Coming Soon listing with first showings to commence on Thursday, November 7, 2024.

Seize the unique opportunity to own this meticulously renovated 8 BR, 6 Bath home thoughtfully designed for luxurious coastal living just over five blocks from the renowned beaches of Spring Lake. Set on an expansive 44 x 159 lot, this property combines elegance and functionality in every detail.  Inside, exquisite 7'' European white oak hardwood flooring invites you throughout the open floor plan. The chef's Kitchen is a masterpiece with custom cabinetry, Cambria quartz countertops, a 7' paneled JennAir refrigerator, and premium appliances. The main living areas feature custom oak railings, a striking soapstone fireplace wall, and a cozy linear fireplace, creating an inviting ambiance. The Primary Suite offers a true retreat with a luxurious 72'' Kohler Stargaze soaking tub, Cristallo quartzite vanities, and a custom walk-in closet with a 16-drawer island topped with Taj Mahal quartzite. Each bathroom is elegantly appointed with Kohler fixtures, while sound attenuation ensures serene living.

Enhanced with high-efficiency four-zone HVAC, including Ruud and Mitsubishi systems, dual Navien tankless water heaters, upgraded 400 AMP electrical service, and generator prep, this home is crafted for modern convenience.  Outside, the home is wrapped in CertainTeed Cedar Impressions siding with James Hardie details and features an Ipe wood front porch, a paver driveway, and white cedar fencing for ultimate privacy. This coastal haven offers Spring Lake's finest lifestyle and unmatched value!
Unit Size
5,915 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$541
Property Type
House
Property Taxes
$450
HOA Dues
-
Year Built
1974

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Last updated: 2 years ago (MOMLS #22431801)

Price History

Date / Event Date Event Price
Jan 16, 2025 Sold
Sold
Dec 14, 2024 In contract -
In contract
Nov 3, 2024 Listed by Ward Wight Sotheby's International Realty $3,200,000
Listed by Ward Wight Sotheby's International Realty
Feb 2, 2023 Sold
Sold
Aug 3, 2022 Listed by C21/ Action Plus Realty $999,999
Listed by C21/ Action Plus Realty
Ready to be finished !! Expanded to approx. 6000 sq ft. The following is included in the sale at the house. All 6 doors (4 doors 8' tall) Pella Aluminum clad exterior frame with fiberglass doors and triple point latching system, mahogany finish inside and out Pella vinyl double hung windows argon filled low e with Sun Defence Certainteed Perfection double 7'' cedar impressions colonial white siding All installed exterior trim Azek vinyl New installed shingles Timberline high definitionAll new slabs high strength 5'' thick with rebar 16'' on center not just welded wire meshBalance of exterior doors and windows on-site to complete project onsite and includedJacuzzi brand 6 whirlpool tub onsite included Matching exterior house fixtures (matching garage and shed) included Extremely large new never used Safe included (in basement addition)New Water and Sewer mains run from street into basement ½" cdx plywood approximately 20 sheets 2"x12"x12' approximately 14pieces Marine grade 6"x6"x12' 4 each Garage wired for two 30amp electric car charging stations (40amp circuit) Garage wired for surround sound Kliptch front and side wall mounted speakers are included Garage wide pull down access stairs Garage attic floor ¾" tung and groove painted plywood Garage attic 4 individual 4' light fixtures BOILER Weil Mclain Ultra 240k BTU high efficiency sized for completed home Weil McLain 105 gallon indirect heated hot water tank sized for completed home Marine grade 2"x8"x8' approximately 50 Basement front Interior and exterior 4" pipe drains with stone and fabric French drain installed with two sump pits (a safety measure only one required) 12" concrete block extra height foundation walls filled completely with concrete and extra vertical rebar (metal rods) Front porch Fiberglass load bearing columns bolted from bottom of footing thru beam Stainless steel Fasteners and beam attachments on deck framing Garage and shed 10' ceiling garage 10' plus ceiling shed Both fully insulated Fiberglass covered glass Sheetrock in both no paper Both porcelain tiled Garage doors custom true carriage swing doors vinyl with 4 electric swing door opener's insulated with insulated glass to match side door stainless steel hinges and hardware Homeowner drawn plans provided Approved homeowner plans and permits and inspection certifications provided Approved engineering plot plan and grading plan provided AGA 6 burner duel fuel gas burners electric ovens one convection All new foundation blocks (front and rear addition, garage and shed) completely filled with concrete. Most other homes only have a minimum required filled 15-20% æ Outside of foundation for basements protected with drainage board up to grade level æ French drain with two sump pits in front basement æ Basement has a high ceiling clearance due to high foundation æ French drain with one sump pit in rear partial basement æ ThermaStar by Pella low "E" Argon filled with Sun Defense coating for all windows. Low maintenance Vinyl double hung windows æ All six exterior doors Pella fiberglass with triple latch system for superior protection from wind etc. All include insulaterain glass for obscure view. æ Front entrance, upper rear kitchen, garage and shed doors are 8' tall æ Garage doors are custom built with all exposed surfaces made from vinyl including jams. These are also insulated (see the thickness) and have insulated rain glass lights æ Garage door hardware is high grade Stainless Steel as Are the safety manual storm bolts æ Automatic door opener's need final calibration and have battery backup. They cost more than $2000 for each door æ Garage is wired for 2-30 amp electric care chargers (2-40 amp circuits) due to typical long use periods ( the wall plates are labeled æ Garage attic with 3/4" plywood and abundant lighting as well as wider than typical aluminum access stairs great for storage æ Garage and shed are fully insulated æ New Weil-McLain ULTRA series condensing 240k btu boiler sized for completed home with 7 heating zone switch (very high efficiency) æ New Weil-McLain 105 gal indirect hat water heater (water is heated by boiler)(very high efficiency and virtually endless supply of hot water) æ Stainless steel hangers nails and screws used with treated lumber and siding æ Tyvek commercial drain wrap under new installed siding æ Framing exceeds recently increased floor load handling and flex requirements per building code æ New interior door openings framed for 7' doors giving a more appropriate feel then the typical 6'-8" æ Structure strength fiberglass front porch columns are thru bolted from the foundation thru to the second floor æ Stair ways are spacious at almost 4 feet wide ADDITIONAL ITEMS æ ALL SLABS HAVE 1/2" steel rebar spaced at 16" on center which is a valuable upgrade from required welded wire mesh for added strength æ Garage and Shed have Porcelain tile floors æ
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Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • Exterior Walls Type: 16
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,996
  • Lot Size Depth Feet: 1,590
  • Lot Size Frontage Feet: 440
  • Total Building Area: 1,986
  • Building Area: 1,986
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,986
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000160
  • 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 00114-0000-00006
  • Block: 114
  • Lot: 6
  • Municipality: SPRING LAKE BORO
  • Latitude: 40.158
  • Longitude: -74.0335

    Address

  • Full Address: 511 Ludlow Ave
  • Address - House Number: 511
  • Address - Street Name: Ludlow
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Spring Lake
  • Carrier Code: C011
  • 4-Digit Zip Code: 1555
  • Zip Code: 07762

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $539,568

    Appraisal Valuation

  • Standard Deviation: 0.0855
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 1,399,245
  • High Value: 1,518,941
  • Low Value: 1,279,550

    Market Valuation

  • Market Total Value: $1,072,700
  • Market Land Value: $1,023,100
  • Market Improvement Value: $49,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,072,700
  • Assessed Land Value: $1,023,100
  • Assessed Improvements Value: $49,600

    Sales

  • Current Sale Contract Date: Jan 31, 2023
  • Current Sale Recording Date: Feb 22, 2023
  • Current Sale Price:
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 12792
  • Previous Sale Recording Date: Aug 20, 2003
  • Previous Sale Contract Date: Jul 17, 2003
  • Previous Sale Amount: $480,000
  • 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


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Frequently Asked Questions

When was property at 511 Ludlow Avenue built and last sold?
The property at 511 Ludlow Avenue was built in 1974 and last sold on Jan 31, 2023 for $999,000.
How much is this home worth?
The estimated value of the home located at 511 Ludlow Avenue is $3,165,407.
What are some comparable homes to 511 Ludlow Avenue?
There are currently no comparable homes to 511 Ludlow Avenue.