2 months on rocket

217 Lorraine Ave, Spring Lake, NJ, 07762

$6,650,000

7 Bedrooms
6 Full Baths, 2 Partial
8,497 SqFt
$783/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingSee Remarks, Covered, Driveway, Off Street, Oversized
Garage3 spaces
Year Built2004
HeatingNatural Gas
CoolingCentral Air
BasementYes
WaterfrontLake Front
ViewLake
MLS #22424084
Lot Size0.52 Acres
StatusActive

About 217 Lorraine Ave

Spring Lake at its best just 11 houses to the beach/boardwalk! Located in the desirable north end on an oversized 150 x 150 Lot Size! (Must see in person to truly appreciate!) This lot size provides the ultimate privacy and room for the complete package! You will love the 3-car garage, porte-cochère, large pool w/ spa, pool house space w/ changing room + bath, and many entertaining spaces to create new memories with your friends and family. This 6-7 bedroom home features over 8,400 +/- of living space, basement, multiple balconies w/ partial lake views, and an option for guest suite or private office/ library set aside privately with its own entryway. Some other highlights include 10' ceilings of first level*, 9' ceilings on 2nd, viking appliance/ subzero fridge, & multiple fireplaces. Sought after first level primary suite w/ 2 walk-in closets, and expansive ensuite bath. With current land costs, new construction costs and time required, this is the perfect opportunity for those that want to bring some of their own personal touches while appreciating the well thought out design and rarities the current home and property features and can't find elsewhere in the current market. You will love the craftmanship throughout including the decorative molding, hardwood flooring, and spacious flow between rooms and spaces. Many ways to be creative and turn this estate like property into your own today! Take action and make it happen!

Property Details

Property Features

Property Information:

  • Architectural Style: Custom, Detached, Shore Colonial, Mother/Daughter, Colonial
  • Year Built: 2004
  • Stories: 2
  • Living Area: 8,497 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
  • Office Phone: (732) 859-3751
  • Listing Agent: Edward James Szumski

Interior Features

Interior Information:

  • Appliances: Washer, Oven, Dishwasher, Central Vacuum, Dryer, Microwave, Refrigerator, Disposal, Garage Door Opener, Gas Range
  • Basement: Yes
  • Interior: Attic - Pull Down Stairs, Balcony, Built-Ins, Ceilings - 9Ft+ 1st Flr, Ceilings - 9Ft+ 2nd Flr, Dec Molding, In-Law Suite, Sliding Door, Wet Bar, Breakfast Bar, Recessed Lighting

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 6
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Lake
  • Exterior: Balcony, Fence, Outdoor Shower, Porch - Open, Sprinkler Under, Terrace, Porch - Covered, Lighting

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: See Remarks, Covered, Driveway, Off Street, Oversized

Lot Features

Lot Information:

  • Lot: Oversized Lot
  • Lot Size: 0.52 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,650,000
  • Price Per SqFt: $783/SqFt

Tax Information:

  • Annual Amount: $25,894
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$999.4K

Med. Price/SqFt

$587

Avg. Days On Market

39

# of Sold Homes

8

217 Lorraine Ave vs Spring Lake

89 DAYS ON ROCKET

+50 Days

$6,650,000

+$5.6M More

$783/SqFt

+$196 More

KEY TAKEAWAY

This property is $5.6M more than the Median Sold Price and $196/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: #22424084

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
  • Office Phone: (732) 859-3751
  • Listing Agent: Edward James Szumski

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: 11/17/2024, 4:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 09, 2019Home Sold
$3,600,000

Tax History

YEARPROP. TAXASSESSMENT
2020$25,894$4,189,900
2019$25,827$4,109,000
2018$25,827$4,112,600
2017$26,394$4,216,300

History based on county public records data.

Payment Calculator

$33.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$20K

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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-551690
5
/10
  • West Belmar Elementary School

  • 925 17th Ave

  • 0.72 miles

  • Public District Grades KG-5

school-card-donut-551691
8
/10
  • Old Mill Elementary School

  • 2119 Old Mill Rd

  • 2.29 miles

  • Public District Grades KG-5

school-card-donut-551692
3
/10
  • Shark River Hills Elementary School

  • 312 Brighton Ave

  • 2.74 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $129,375. Residents of Spring Lake, NJ typically earn between $100k-200k each year. The majority of families are 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 217 Lorraine Ave

What is the listing price of this property?

The listing price of 217 Lorraine Ave property is $6,650,000.

What type of property is this?

The property 217 Lorraine Ave is a house located in Spring Lake, New Jersey, 07762.

Is this property for sale now?

Active Listing: 217 Lorraine Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $25,894 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 9, 2019 for $3,600,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 217 Lorraine Ave has 7 bedrooms and 6 full and 2 half bathrooms.

What is the square footage of this property?

The property 217 Lorraine Ave is 8,497 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 217 Lorraine Ave is 2004.
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Rocket HomesNew JerseyMonmouth CountySpring Lake07762217 Lorraine Ave

This home is located at 217 Lorraine Ave in Spring Lake, NJ and zip code 07762. This 8,497 square foot home, which was built in 2004, sits on a 0.52 acre lot. Features: 7 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since August 20, 2024 and is currently priced at $6,650,000.

In October 2024 more than 3 listings in Spring Lake, NJ were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 4 were sold below. In October 2024 in Spring Lake, NJ there were 19.6% less homes for sale than in September 2024. In October 2024 median list price was $999,499 and the average listing age was 39 days.

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

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