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$8,900,000
↓ $1M (10.1%)
● House - For Sale

7 Lorraine Avenue

Spring Lake, NJ 07762
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,400 Ft²
$45,821
Est. Monthly

About This Property

Experience the Essence of Spring Lake Living. An unrivaled location meets boundless potential in the prestigious North End of Spring Lake, NJ. Situated a mere 3 homes from the Atlantic Ocean on an oversized 101x150 lot, this premier beach-block property offers a generational opportunity to build a brand-new custom dream home or execute a luxury renovation. It is the perfect canvas for a custom-tailored coastal estate in one of the most exclusive areas of the Jersey Shore. Positioned perfectly to capture magnificent, unobstructed ocean views, the soothing rhythm of crashing waves, and cooling summer breezes, you are steps from the pristine beach, the iconic inviting boardwalk, and the elegant North End Pavilion and community pool. This highly sought-after lot size easily accommodates a
grand estate with sweeping covered porches and private pool potential. Bring your architect to design the ultimate luxury lifestyle. Claim your piece of the gold coast. 1 Hr. to NYC; a short ride to Wall Twp. Airport. Mins. to prestigious Golf Country Club, Tennis & Bath Club, and fine dining.
Unit Size
2,400 Ft²
Days on Market
143 days
Land Size
0.34 acres
Price per sqft
$3,708
Property Type
House
Property Taxes
$2,120
HOA Dues
-
Year Built
1962

Listed By

Patricia Mayer
Diane Turton, Realtors-Sea Girt

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Last updated: 5 months ago (MOMLS #22615913)

Price History

Date / Event Date Event Price
Jun 16, 2026 Price Decreased $8,900,000
↓ $1M (10.1%)
Price Decreased
May 29, 2026 Listed by Diane Turton, Realtors-Sea Girt $9,900,000
Listed by Diane Turton, Realtors-Sea Girt

Property Highlights

Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Direct Access, Asphalt, Double Wide Drive
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Balcony
Flooring Type: Ceramic Tile, Wood
Rooms: 7
Has Fireplace
Fireplaces: 1
Basement: Unfinished
Exterior Details
Square Footage: 2400
Architectural Style: Cape
Year Built: 1962
Waterfront Features: Oceanview
Building Area Total: 2400
Construction Materials: Brick
Lot Size Area: 0.34
Lot Size Units: Acres
Lot Size Acres: 0.34
Lot Size Square Feet: 14810.4
Water Source: Public
Financial Details
Tax Assessed Value: $5,565,600
Tax Annual Amount: $25,435
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 999
  • Garage Type: 1
  • Garage Square Area: 656
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 2,404
  • Building Area: 2,404
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,404
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Spring Lake Borough School District
  • Census Tract: 808901

Zoning

  • Zoning: 6750

Geography

  • District: 47
  • Parcel: 47 00137-0000-00003
  • Block: 137
  • Lot: 3
  • Municipality: SPRING LAKE BORO
  • Latitude: 40.1627
  • Longitude: -74.0197

    Address

  • Full Address: 7 Lorraine Ave
  • Address - House Number: 7
  • Address - Street Name: Lorraine
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Spring Lake
  • Zip Code: 07762

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,606,345

    Appraisal Valuation

  • Standard Deviation: 0.2539
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 64
  • Final Value: 1,725,295
  • High Value: 2,163,416
  • Low Value: 1,287,174

    Market Valuation

  • Market Total Value: $5,181,600
  • Market Land Value: $4,942,900
  • Market Improvement Value: $238,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,181,600
  • Assessed Land Value: $4,942,900
  • Assessed Improvements Value: $238,700

    Sales

  • Current Sale Contract Date: Aug 12, 1997
  • Current Sale Recording Date: Aug 26, 1997
  • Current Sale Price:
  • Current 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 7 Lorraine Avenue built and last sold?
The property at 7 Lorraine Avenue was built in 1962 and last sold on Aug 12, 1997 for $433,403.
How much is this home worth?
The estimated value of the home located at 7 Lorraine Avenue is $8,805,981.
What are some comparable homes to 7 Lorraine Avenue?
There are currently no comparable homes to 7 Lorraine Avenue.