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616 Jersey Ave

Spring Lake, NJ 07762

2 bd 828 sqft Built 1931 Lot 3,023 sqft single_family
Most recent sale
$520,000
May 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 31, 2025 Listing removed $2,950 MoreMLS
Oct 17, 2023 Listed for rent $2,000 MoreMLS
Jun 27, 2022 Sold $520,000 Public Record
May 10, 2022 Sold $520,000 MLS #22203561
Feb 10, 2022 Listed $499,000 MLS #22203561
Aug 5, 2005 Sold $305,000 Public Record
Sep 27, 1999 Sold $80,000 Public Record
Oct 6, 1994 Sold $55,000 Public Record
Jun 30, 1987 Sold $307,000 Public Record
May 14, 1986 Sold $120,000 Public Record
Nov 12, 1985 Sold $250,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $91,000 $497,000 $588,000 $6,021
2024 $91,000 $497,000 $588,000 $6,289
2023 $84,500 $474,900 $559,400 $6,265
2022 $90,200 $321,100 $411,300 $5,157
2021 $82,000 $279,000 $361,000 $4,874
2020 $74,500 $279,000 $353,500 $4,800
2019 $76,300 $279,000 $355,300 $4,874
2018 $70,600 $260,400 $331,000 $4,667
2017 $69,700 $260,400 $330,100 $4,489
2016 $68,800 $260,400 $329,200 $4,533
2015 $67,000 $246,500 $313,500 $4,304
2014 $66,600 $246,500 $313,100 $4,204
2013 $66,600 $246,500 $313,100 $4,007
2012 $66,600 $246,500 $313,100 $4,045
2011 $66,600 $246,500 $313,100 $3,938
2010 $66,600 $246,500 $313,100 $3,876
2009 $66,600 $246,500 $313,100 $3,835
2008 $66,600 $246,500 $313,100 $2,633
2007 $29,900 $111,600 $141,500 $2,633

Property facts

Year built
1931
Property type
single_family
Stories
Beds
2
Baths
Living area
828 sqft
Lot size
3,023 sqft
ZIP code
07762
City
Spring Lake
Street
Jersey Ave
Coordinates
40.14207, -74.04058

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,120
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 616 Jersey Ave last sell?
616 Jersey Ave most recently sold on May 10, 2022 for $520,000.
What is the current tax assessment for 616 Jersey Ave?
The most recent total assessment for 616 Jersey Ave (year 2025) is $588,000 with $6,021 in property tax.
How does 616 Jersey Ave's assessment compare to its last sale price?
The current assessment is 13.1% above the last sale price of $520,000.
When was 616 Jersey Ave built?
616 Jersey Ave was built in 1931.
How does 616 Jersey Ave compare to others on Jersey Ave?
We track 8 other properties on Jersey Ave. Browse the list under "Other properties on Jersey Ave" to compare beds, baths, and sale history.
What are the property facts for 616 Jersey Ave?
616 Jersey Ave is a 2 bed, 828 sqft, 3,023 sqft lot single_family.
Is 616 Jersey Ave a flip candidate?
No — 616 Jersey Ave does not appear in our flips dataset.
Is 616 Jersey Ave a tax-appeal candidate?
No — 616 Jersey Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.8%
Implied 1-yr
-7.1%
2026 Q3
$1.97M
2026 Q4
$1.93M
ZIP 07762 — Median Price History + Forecast

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