Sold
Last Sold Price
Mercer Ave Spring Lake, Spring Lake, NJ 07762
Mixed UseProperty Type
0.17 acresLot Size
1940Year Built

Description

Fantastic Investor opportunity in Spring Lake! 7 rental units: 2 commercial, 5 apartments:( 1 bedroom back cottage, 2 bedroom garage apt, 1 bedroom apt,and two 3 bdr apartments) Close to train station,a short walk to town and close to beach. Phenomenal rental history with potential upside on rents with some TLC.Fantastic Investor opportunity in Spring Lake! 7 rental units: 2 commercial, 5 apartments:( 1 bedroom back cottage, 2 bedroom garage apt, 1 bedroom apt,and two 3 bdr apartments) Close to train station,a short walk to town and close to beach. Phenomenal rental history with potential upside on rents with some TLC.
  • Listed by: John P Barton • Ocean Pointe
Listing closed: 06/19/2017 12:00 AM • Source: MOMLS, MLS#: 21707246

Recent comparable sales

Median sold price

$1,600,000

Avg days on market

34

Sale-to-list ratio

106.6%

Spring Lake, NJ

9 comparable properties found

$2,550,000 | 419 Morris Avenue, Spring Lake, NJ 07762
1/10
1

$2,550,000

Sold 08/01/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.17
Acres
front view of houses with yard
1/27
2

$3,499,000

Sold 10/15/25

Unavailable
Bedrooms
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Bathrooms
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Square Feet
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Acres
a picture of a bathroom with a shower and a mirror
1/11
3

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Sold 01/26/26

Unavailable
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Bathrooms
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Square Feet
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4

$799,000

Sold 01/08/26

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Square Feet
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Sold 08/21/25

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$1,200,000 | 16073 Lake Point Drive, Spring Lake, MI 49456
1/21
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Sold 07/28/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.7
Acres
7

$2,300,000

Sold 12/16/25

Unavailable
Bedrooms
Unavailable
Bathrooms
3,669
Square Feet
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8

$450,000

Sold 02/03/26

Unavailable
Bedrooms
Unavailable
Bathrooms
1,484
Square Feet
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Acres
9

$1,324,960

Sold 06/24/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
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Acres

Location

Listing Courtesy of Ocean Pointe

Sold By Diane Turton, Realtors-Avon

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Property Information for Mercer Ave Spring Lake

Property Details
  • Taxes: $8,572 / year
  • MLS Type: Commercial / Mixed Use
  • New Construction: No
  • Directions: 5 houses from Spring Lake train station
Building Information
  • Stories: 2
  • Year Built: 1940
  • Lot Size: 0.17 AC / 7,500 SF
Summary
Location and General Information
  • Area/Section: None
  • Postal City: Spring Lake
  • State: NJ
  • Municipality: Spring Lake (SPR)
  • Block: 49
  • Apx Year Built: 1940.0
  • Street Name: Mercer
  • Street Suffix: Avenue
  • Zip Code: 07762
  • County: Monmouth
Parking
  • Garage: Yes
  • Parking: Off Street, On Street
Taxes and HOA Information
  • Tax ID#: 47-00049-0000-00003
  • Taxes: $8,572.00
  • Tax Year: 2016
Property
Lot Information
  • Lot: 3
  • Lot Dimensions: 50 x 150
Property and Assessments
  • Assessment - Total: 1187200.0
  • Assessment - Improvements: 402200.0
  • Assessment Status: Assessed
  • Asmnt - Land: 785000.0
  • Possession: At Closing
  • Property Sub-Type: Mixed Use
  • Property Type: E
  • List Type: Exclusive Right To Sell
Utilities
  • Water Heater: Natural Gas
  • Electric: 110 Volt
  • Gas: On Site
  • Heating: Natural Gas
Interior and Exterior Features
Interior Features
  • # Levels: 2

Property History for Mercer Ave Spring Lake

DateEvent & SourcePriceAppreciation
Jun 19, 2017

Closed

MOMLS #21707246

$1,200,000
Feb 25, 2017

Listed (Active)

MOMLS #21707246

$1,199,000
DateEvent & SourcePrice
06/19/2017

Closed

MOMLS #21707246

$1,200,000
02/25/2017

Listed (Active)

MOMLS #21707246

$1,199,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near Mercer Ave Spring Lake

This home is within Spring Lake Borough School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Private - PK to 8
Private - K to 8
Private - PK to 8
Rating
School
Distance
H W Mountz Elementary School
PublicPK to 8

Saint Catharine School
PrivatePK to 8

St. Catharine School
PrivateK to 8

Monmouth Montessori Academy
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: Mercer Ave Spring Lake, Spring Lake, NJ 07762
$1,200,000
7,500
$1,200,000
5,406
3
2.5
1,732
7,501
3
2.5
2,916
7,501
4
1.5
3,516
7,501
$894,000
5
2
3,222
7,501

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ocean Pointe

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.