3 months on rocket

502 Ludlow Ave, Spring Lake, NJ, 07762

$2,195,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths
House

Location

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502 Ludlow Ave, Spring Lake$2,195,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAsphalt, None
HeatingZoned
CoolingZoned
BasementYes
MLS #22422285
StatusActive

About 502 Ludlow Ave

Imagine sun-soaked summers in your dream Spring Lake shore house. This beautiful home is conveniently located just 5 blocks from the beach & North End Pavilion pool, plus an easy walk downtown.
 Relax on the classic SL front porch sitting back from the street to offer privacy or on the sunny second floor deck with walkouts from 2 of the 4 bedrooms.
 Enter into the open concept 1st floor with abundant natural light from the atrium. The family room and dining area flow into a chef's kitchen for entertaining. The downstairs bedroom connects to a full bath, perfect for guests or a master suite. On the 2nd floor are 3 spacious bedrooms; 2 have additional alcoves with space for a couch, office or additional bed and dresser. Finished basement.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Stories: 2

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Washer, Dishwasher, Dryer, Range Hood, Refrigerator
  • Basement: Yes
  • Flooring Type: Tile, Wood
  • Interior: Attic, Attic - Pull Down Stairs, Balcony, In-Law Suite

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Balcony, Deck, Other

Parking Information:

  • Attached Garage: No
  • Parking: Asphalt, None

Utilities

Utilities Information:

  • Heating: Zoned
  • Cooling: Zoned

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,195,000

Tax Information:

  • Annual Amount: $6,066
  • Tax Year: 2020
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Housing Market Comparison

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

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Spring Lake, NJ

City

Med. Sold Price

$999.4K

Med. Price/SqFt

$587

Avg. Days On Market

39

# of Sold Homes

8

502 Ludlow Ave vs Spring Lake

107 DAYS ON ROCKET

+68 Days

$2,195,000

+$1.1M More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price 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: #22422285

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: 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

Nov 16, 2015Home Sold
$925,000
May 10, 2005Home Sold
$982,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,066$981,500
2019$5,952$954,600
2018$5,952$947,800
2017$5,839$932,700

History based on county public records data.

Payment Calculator

$11K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,647

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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-507828
5
/10

  • West Belmar Elementary School

  • 925 17th Ave

  • 0.94 miles

  • Public District Grades KG-5

school-card-donut-507829
8
/10

  • Old Mill Elementary School

  • 2119 Old Mill Rd

  • 1.64 miles

  • Public District Grades KG-5

school-card-donut-507830
3
/10

  • Shark River Hills Elementary School

  • 312 Brighton Ave

  • 2.92 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $108,750. Typical income of Spring Lake, NJ residents is between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 502 Ludlow Ave

What is the listing price of this property?

The listing price of 502 Ludlow Ave property is $2,195,000.

What type of property is this?

The property 502 Ludlow Ave is a house located in Spring Lake, New Jersey, 07762.

Is this property for sale now?

Active Listing: 502 Ludlow 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 $6,066 (source: MLS/based on county public records data).

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

The last sale was on November 16, 2015 for $925,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 502 Ludlow Ave has 4 bedrooms and 2 bathrooms.

Rocket Homes›New Jersey›Monmouth County›Spring Lake›07762›502 Ludlow Ave

This home is located at 502 Ludlow Ave in Spring Lake, NJ and zip code 07762. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 02, 2024 and is currently priced at $2,195,000.

In October 2024, from all listings sold in Spring Lake, NJ there were more than 3 sold above asking price, over 4 sold below and more than 1 were sold right at the asked price. The inventory of homes for sale in Spring Lake, NJ between September 2024 and October 2024 decreased by 19.6%. The median list price of listings available in October 2024 was $999,499, while the average time on the real estate market was 39 days.

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

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