When was property at 7 Ludlow Avenue built and last sold?

The property at 7 Ludlow Avenue was built in 1950 and last sold on Nov 23, 2020 for $5,200,000.

How much is this home worth?

The estimated value of the home located at 7 Ludlow Avenue is $6,559,950.

What are some comparable homes to 7 Ludlow Avenue?

There are currently no comparable homes to 7 Ludlow Avenue.

Spring Lake

07762

Spring Lake

7 Ludlow Avenue

$5,200,000

● House - Off Market

7 Ludlow Avenue

Spring Lake, NJ 07762

4 Beds

4 Baths, 1 Half Bath

$7,886,707

RealtyHop Estimate

32.55%

Since Dec 1, 2020

National-US

Primary Model

About This Property

Prime location in Spring Lake! 150 x 150 lot with Oceanviews. 4 bedroom 3.5 bath Colonial with formal dining room large living room and sun porch. One bedroom suite has private entrance. Update existing home or build new on this spectacular location!

Unit Size

Days on Market

Land Size

0.52 acres

Price per sqft

Property Type

House

Property Taxes

$2,121

HOA Dues

Year Built

1950

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MOMLS #22015425)

Price History

Date / Event	Date	Event
Nov 24, 2020	Sold	Premium
Sold
May 17, 2020	Listed by Diane Turton, Realtors-Spring Lake	$5,950,000
Listed by Diane Turton, Realtors-Spring Lake

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1950

Effective Year Built: 1950
Building Count: 1
Total Rooms: 9
Bedroom Count: 3
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Building Condition: 6
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: 200
Living Units: 1
Floor Cover: 0
Basement Type: 9
Basement Area: 936
Garage Type: 1
Garage Square Area: 484
Parking Space Count: 2
Patio Type: 20
Porch Type: 7
Pool Type: 0

Dimensions

Lot Size Square Feet: 22,500

Lot Size Depth Feet: 1,500
Lot Size Frontage Feet: 1,500
Total Building Area: 2,678
Building Area: 2,678
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 4
Heated Square Feet: 2,678
Heating Fuel Type: 0

Utilities

Sewer System: 5

Water Service: 6

Building

Building Type: 0

Property Class: R
Land Acres: 0000000517
Standard Land Use Code: 1001
County Land Use Code: 2

Neighborhood

School District Name: Spring Lake Borough School District

Census Tract: 809100

Zoning

Zoning: R-1

Geography

District: 47

Parcel: 47 00108-0000-00007
Block: 108
Lot: 7
Municipality: SPRING LAKE BORO
Latitude: 40.1597
Longitude: -74.0211

Address

Full Address: 7 Ludlow Ave

Address - House Number: 7
Address - Street Name: Ludlow
Address - Suffix Type: Ave
State: NJ
City Name: Spring Lake
Carrier Code: C011
4-Digit Zip Code: 1545
Zip Code: 07762

Valuation

Tax

Tax Year: 2023

Tax Amount: $2,865,692

Appraisal Valuation

Standard Deviation: 0.2539

Valuation Date: Apr 03, 2024
Confidence Score: 64
Final Value: 2,329,496
High Value: 2,921,047
Low Value: 1,737,944

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Financing Type:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $5,697,200

Market Land Value: $5,646,900
Market Improvement Value: $50,300

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $5,697,200
Assessed Land Value: $5,646,900
Assessed Improvements Value: $50,300

Sales

Current Sale Contract Date: Nov 23, 2020

Current Sale Recording Date: Jan 06, 2021
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 2021002806

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Financing

First Mortgage Financing Type: ADJ

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Spring Lake

Stats & Trends

Median Asking:

$3,945,000

Sale Price/ft²

$1,319

Below Asking

0.01%

Average Days on Market

Average Home Size

3166 ft²

Average Home Age

46.2 years

Currently For Sale

14 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 412 Brighton Avenue, Spring Lake, NJ, 07762

$6,250 /mo

4 Beds
3 Baths

412 Brighton Avenue, Spring Lake, NJ, 07762 Listing by Cindy Napp

Unit for rent at 102 Inlet Terrace, Belmar, NJ, 07719

$6,500 /mo

5 Beds
3 Baths
3,064 ft²

102 Inlet Terrace, Belmar, NJ, 07719 Listing by Edward James Szumski

Unit for rent at 414 Washington Avenue, Avon-by-the-sea, NJ, 07717

$5,750 /mo

4 Beds
2 Baths

414 Washington Avenue, Avon-by-the-Sea, NJ, 07717 Listing by James P Reilly

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Lauren Gill, Diane Turton, Realtors-Spring Lake
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22015425

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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

7 Ludlow Avenue

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Spring Lake

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions