$7,500,000 1 Passaic Ave, Spring Lake, NJ 07762

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1 Passaic Ave Spring Lake, NJ 07762


  • 6,035 sqft
  • Single-Family Home
Sold

$7,500,000

sold on
10/16/2014

Property Details for 1 Passaic Ave


Description provided by Trulia
1 Passaic Ave This Single-Family Home located at 1 Passaic Avenue, Spring Lake NJ sold for $7,500,000on Oct 16, 2014. 1 Passaic Ave has approximately 6,035 square feet. The property has a lot size of 0.52 acres and was built in 1983. The average listing price for similar homes for sale is $7,215,917 and the average sales price for similar recently sold homes is $6,600,000. 1 Passaic Ave is in the 07762 ZIP code in Spring Lake, NJ. The average price per square foot for homes for sale in 07762 is $506.

Public Records for 1 Passaic Ave


Official property, sales, and tax information from county (public) records as of 05/2014:
    • Single Family Residential
    • Built In 1983
    • Parking Spaces: 2
    • 6,035 sqft
    • Stories: 2 story
    • Construction: Frame
    • Lot Size: 0.52 acres
    • Parking: Garage
    • County: Monmouth

Property Taxes and Assessment for 1 Passaic Ave


Land
Improvement
Total
$3,432,000
+
$2,296,600
=
$5,728,600
Year Tax Assessment Market
2014 N/A $5,728,600  N/A
2013 $38,439 N/A N/A
Source: Public Records

Price History for 1 Passaic Ave


Date Event Price Source Agents
10/16/2014 Sold view detail $7,500,000 Public records Public records  
  • Recording Date
    10/16/2014
  • Contract Date
    09/30/2014
  • Sale Price
    $7,500,000
  • Price Type
    Full amount stated on Document.
  • Total Transfer Tax
    $12,387
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Bargain and Sale Deed

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Real Estate Trends in 07762


Sale price for 1 Passaic Ave $7,500,000  
Average listing price for similar homes $7,215,917 4% below sale price
Average sale price for similar homes $6,600,000 12% below sale price
Average listing price for all homes in 07762 $2,448,040 206% below sale price
Median sale price for all homes in 07762 $512,500 93% below sale price

Comparables and Estimates around 1 Passaic Ave


$1,099,500
4 br / 2 ba
Single-Family Home
OPEN HOUSE Sun Oct 16, 2pm to 4pm
  • Sold Homes near 1 Passaic Ave


    Address Distance Property Type Sold price Sold date Bed Bath Sqft
    635 Lake Ave, Bay Head NJ 5.98 Single-Family Home $6,600,000 10/15/14 - - -
  • Home Estimates for 1 Passaic Ave

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