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700 Ocean Ave

Spring Lake, NJ 07762

1 bd 1 ba 461 sqft Built 2002 condos
Most recent sale
$350,000
Jun 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 16, 2022 Sold $350,000 MLS #22211001
May 9, 2022 Price changed $389,000 MLS #22211001
Apr 16, 2022 Listed $398,000 MLS #22211001
Oct 13, 2003 Sold $210,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $90,800 $358,900 $449,700 $2,055
2024 $90,800 $358,900 $449,700 $2,056
2023 $82,500 $269,700 $352,200 $1,771
2022 $106,500 $256,800 $363,300 $1,878
2021 $97,500 $244,300 $341,800 $2,050
2020 $94,900 $219,000 $313,900 $1,939
2019 $94,400 $219,000 $313,400 $1,974
2018 $94,300 $219,000 $313,300 $1,967
2017 $89,200 $219,000 $308,200 $1,929
2016 $57,000 $168,400 $225,400 $1,539
2015 $57,000 $160,700 $217,700 $1,519
2014 $57,000 $115,900 $172,900 $1,186
2013 $57,000 $115,900 $172,900 $1,160
2012 $57,000 $115,900 $172,900 $1,139
2011 $57,000 $139,700 $196,700 $1,272
2010 $57,000 $139,700 $196,700 $1,276
2009 $57,000 $139,700 $196,700 $1,268
2008 $76,000 $199,600 $275,600 $1,774
2007 $76,000 $199,600 $275,600 $1,774

Property facts

Year built
2002
Property type
condos
Stories
1
Beds
1
Baths
1
Living area
461 sqft
Lot size
ZIP code
07762
City
Spring Lake
Street
Ocean Ave
Coordinates
40.14696, -74.02494

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,100
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 700 Ocean Ave last sell?
700 Ocean Ave most recently sold on Jun 16, 2022 for $350,000.
What is the current tax assessment for 700 Ocean Ave?
The most recent total assessment for 700 Ocean Ave (year 2025) is $449,700 with $2,055 in property tax.
How does 700 Ocean Ave's assessment compare to its last sale price?
The current assessment is 28.5% above the last sale price of $350,000.
When was 700 Ocean Ave built?
700 Ocean Ave was built in 2002.
How does 700 Ocean Ave compare to others on Ocean Ave?
We track 8 other properties on Ocean Ave. Browse the list under "Other properties on Ocean Ave" to compare beds, baths, and sale history.
What are the property facts for 700 Ocean Ave?
700 Ocean Ave is a 1 bed, 1 bath, 461 sqft condos.
Is 700 Ocean Ave a flip candidate?
No — 700 Ocean Ave does not appear in our flips dataset.
Is 700 Ocean Ave a tax-appeal candidate?
Yes — 700 Ocean Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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