12 days on rocket

16-20 Sussex Ave, Spring Lake, NJ, 07762

$9,000,000

8 Bedrooms
6 Full Baths, 1 Partial
7,939 SqFt
$1,134/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDouble Wide Drive, Off Street, Direct Access
Garage2 spaces
Year Built1920
HeatingNatural Gas
CoolingNone
BasementYes
MLS #22434429
Lot Size0.52 Acres
StatusActive

About 16-20 Sussex Ave

Welcome to 16 (and 20) Sussex Ave. in Spring Lake, NJ. This is an incredible opportunity for prime real estate in Spring Lake. Sussex Ave., is a 150-foot by 150-foot property on the first beach block, offering unparalleled value. Whether someone dreams of designing a custom, sprawling estate or prefers to subdivide the lot to maximize potential, the options seem limitless. The R-E zoning is particularly appealing for developers or investors. For history enthusiasts, the chance to restore an 1860s home is a unique and rewarding challenge. Preserving such a property could blend historic charm with modern amenities, creating a one-of-a-kind residence. This kind of opportunity will not stay on the market long!

Property Details

Property Features

Property Information:

  • Architectural Style: Historic, Detached, Victorian
  • Year Built: 1920
  • Stories: 2
  • Living Area: 7,939 SqFt

Listing Office:

  • Office Name: Jack Green Realty
  • Listing Agent: Jenifer Green Grigg

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Attic, Attic - Walk Up, Built-Ins, Center Hall, Dec Molding, Den, Lead Glass Window, Sliding Door, Wet Bar, Recessed Lighting

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Exterior: Balcony, Gazebo, Hot Tub, Patio, Rec Area, Sprinkler Under, Porch - Covered

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Double Wide Drive, Off Street, Direct Access

Lot Features

Lot Information:

  • Lot: Oversized Lot
  • Lot Size: 0.52 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $9,000,000
  • Price Per SqFt: $1,134/SqFt
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Housing Market Comparison

See how this home compares to others in Spring Lake, NJ.

Med. Sold Price

$998.2K

Med. Price/SqFt

$576

Avg. Days On Market

18

# of Sold Homes

9

16-20 Sussex Ave vs Spring Lake

12 DAYS ON ROCKET

-6 Days

$9,000,000

+$8.0M More

$1,134/SqFt

+$557 More

KEY TAKEAWAY

This property is $8.0M more than the Median Sold Price and $557/SqFt more than other homes in Spring Lake, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
  • MLS Number: #22434429

Listing Office:

  • Office Name: Jack Green Realty
  • Listing Agent: Jenifer Green Grigg

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:51:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$44.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$27K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4286495
8
/10
  • Old Mill Elementary School

  • 2119 Old Mill Rd

  • 1.65 miles

  • Public District Grades KG-5

school-card-donut-4286496
5
/10
  • West Belmar Elementary School

  • 925 17th Ave

  • 1.77 miles

  • Public District Grades KG-5

school-card-donut-4286497
3
/10
  • Shark River Hills Elementary School

  • 312 Brighton Ave

  • 3.79 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $99,219. Residents of Spring Lake, NJ typically earn between $35k-100k each year. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16-20 Sussex Ave

What is the listing price of this property?

The listing price of 16-20 Sussex Ave property is $9,000,000.

What type of property is this?

The property 16-20 Sussex Ave is a house located in Spring Lake, New Jersey, 07762.

Is this property for sale now?

Active Listing: 16-20 Sussex Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 16-20 Sussex Ave has 8 bedrooms and 6 full and 1 half bathrooms.

What is the square footage of this property?

The property 16-20 Sussex Ave is 7,939 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16-20 Sussex Ave is 1920.
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Rocket HomesNew JerseyMonmouth CountySpring Lake0776216-20 Sussex Ave

This home is located at 16-20 Sussex Ave in Spring Lake, NJ and zip code 07762. This 7,939 square foot home, which was built in 1920, sits on a 0.52 acre lot. Features: 8 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $9,000,000.

In November 2024 more than 2 listings in Spring Lake, NJ were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 5 were sold below. The number of listings in Spring Lake, NJ decreased by 19.5% between October 2024 and November 2024. While the average time on the market in November 2024 was 18 days, the median list price was $998,249.

From Rocket Homes Real Estate and based on county public records data.

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