Google satellite image for 42 Locust Way, Spring Lake, NJ 07762

Off market jan 2022 for $413K

$1,275,587

Est. refi paymentEst. refi $2,707/mo

•

3 ba

•

1,956

sq ft

42 Locust Way, Spring Lake, NJ 07762

About this home

42 Locust Way is a 1,956 square foot house on a 1,934 square foot lot with 2 bedrooms and 3 bathrooms. - it last sold on January 11, 2022 for $413,386. Based on Redfin's Spring Lake data, we estimate the home's value is $1,275,587.

Single-familyProperty Type

1978Year Built

1,934 sq ftLot Size

$652Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$1,275,587

$862K since sold in January 2022$93K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 14.9% higher than the average sale price ($1.11M) of 6 comparable homes.

SOLD SEP 22, 2026
$888,000
A
2 beds2.5 baths1,224 sq ft
52 Linden Ct, Spring Lake, NJ 07762
SOLD OCT 14, 2026
$1,350,000
B
2 beds2 baths1,449 sq ft
10 Dogwood Ct, Spring Lake, NJ 07762
SOLD OCT 1, 2026
$970,000
C
2 beds2.5 baths1,539 sq ft
103 Maple Dr, Spring Lake, NJ 07762
SOLD OCT 20, 2026
$1,202,000
D
2 beds2 baths1,218 sq ft
24 Magnolia Dr, Spring Lake, NJ 07762
SOLD JUN 26, 2026
$999,000
E
2 beds2.5 baths1,373 sq ft
3 Willow Ln, Spring Lake, NJ 07762
SOLD MAR 10, 2026
$1,250,000
F
3 beds2.5 baths1,786 sq ft
53 Dogwood Dr, Spring Lake, NJ 07762

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Earn from this home

Sell

$900,284

Est. take-home

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Refinance

Est. cash available

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Rent

$2,784/mo

Redfin rental estimate

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Market trends in 07762, NJ

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

103.8%

+2.5% MoM

Median sale price

$1.1M

$139K MoM

Avg. days on market

19d

1 days MoM

Recently sold homes

11 MoM

New listings for sale

3D WALKTHROUGH
$5,799,999
4 beds4 baths4,141 sq ft
101 Atlantic Ave, Spring Lake, NJ 07762
$3,700,000
4 beds3.5 baths2,966 sq ft
2124 Edgewood Pl, Spring Lake, NJ 07762
OPEN SAT, 12PM TO 2PM
$3,625,000
4 beds3 baths2,458 sq ft
306 Ocean Rd, Spring Lake, NJ 07762
$4,299,000
6 beds3 baths2,590 sq ft
200 Salem Ave, Spring Lake, NJ 07762
See all

Provided by Redfin

Sale history for 42 Locust Way

Year

Property tax

Land + Additions

Assessment*

2025

$9,572 (+14.4%)

$799,700 + $249,500

$1,049,200

2024

$8,370 (+11.3%)

$687,500 + $247,300

$934,800

2023

$7,522 (+2.7%)

$552,200 + $242,700

$794,900

2022

$7,323 (−3.1%)

$434,500 + $237,100

$671,600

2021

$7,560 (+2.6%)

$375,000 + $209,000

$584,000

2020

$7,366 (−0.1%)

$370,000 + $190,000

$560,000

2019

$7,376 (−0.3%)

$370,000 + $172,400

$542,400

2018

$7,401 (+4.1%)

$370,000 + $167,600

$537,600

2017

$7,113 (−2.3%)

$370,000 + $153,000

$523,000

2016

$7,280 (+19.3%)

$370,000 + $153,000

$523,000

2015

$6,104 (−0.3%)

$370,000 + $158,700

$528,700

2014

$6,121 (+4.9%)

$290,000 + $165,800

$455,800

2013

$5,834 (−0.9%)

$290,000 + $165,800

$455,800

2012

$5,889 (+2.7%)

$290,000 + $165,800

$455,800

2011

$5,734 (+1.6%)

$290,000 + $165,800

$455,800

2010

$5,643 (+1.1%)

$290,000 + $165,800

$455,800

2009

$5,584

$290,000 + $165,800

$455,800

Tax history for 42 Locust Way

Year

Property tax

Land + Additions

Assessment*

2025

$9,572 (+14.4%)

$799,700 + $249,500

$1,049,200

2024

$8,370 (+11.3%)

$687,500 + $247,300

$934,800

2023

$7,522 (+2.7%)

$552,200 + $242,700

$794,900

2022

$7,323 (−3.1%)

$434,500 + $237,100

$671,600

2021

$7,560 (+2.6%)

$375,000 + $209,000

$584,000

2020

$7,366 (−0.1%)

$370,000 + $190,000

$560,000

2019

$7,376 (−0.3%)

$370,000 + $172,400

$542,400

2018

$7,401 (+4.1%)

$370,000 + $167,600

$537,600

2017

$7,113 (−2.3%)

$370,000 + $153,000

$523,000

2016

$7,280 (+19.3%)

$370,000 + $153,000

$523,000

2015

$6,104 (−0.3%)

$370,000 + $158,700

$528,700

2014

$6,121 (+4.9%)

$290,000 + $165,800

$455,800

2013

$5,834 (−0.9%)

$290,000 + $165,800

$455,800

2012

$5,889 (+2.7%)

$290,000 + $165,800

$455,800

2011

$5,734 (+1.6%)

$290,000 + $165,800

$455,800

2010

$5,643 (+1.1%)

$290,000 + $165,800

$455,800

2009

$5,584

$290,000 + $165,800

$455,800

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Property details

Exterior

Exterior Information
Building Style Type: Colonial
Exterior Wall: Frame

Property Information
Subdivision Name: FAIRWAY MEWS BLDG 7
Living Sq. Ft: 1,956
# of Stories: 2
Legal Description: FAIRWAY MEWS BLDG 7 UNIT 2

Lot Information
# of Buildings: 1
Land Sq. Ft: 1,934
Legal Lot Number: 28
Legal Block Number: 42.05
Municipality Name: SPRING LAKE HGTS BORO
Acres: 0.0444
Zoning Code: SF-40
State Use Description: RESIDENTIAL

Financial

Assessor Information
Assessment Year: 2026
Tax District County: SPRING LAKE HGTS BORO

Public facts

Beds: 2
Baths: 3.0
Sq. Ft.: 1,956
Stories: 2.0
Lot Size: 1,934 square feet
Style: Single Family Residential
Year Built: 1978
Year Renovated: —
County: Monmouth County
APN: 4800042 0500028

Home facts updated by county records on Sep 16, 2026

Around this home

Schools

K - 12
Preschool & daycare

Spring Lake Heights Elementary School

Public PreK-8 • Assigned • 0.2mi

8/10

Manasquan High School

Public 9-12 • Assigned • 2.0mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

7/10 Heat Factor

7 days above 95° expected this year, 14 days in 30 years

8/10 Wind Factor

80% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Spring Lake, NJ • 07762

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.7 hours in June and 4.5 hours in December, placing it below the U.S. average for solar exposure.

8.7 hrs

4.5 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.21M – $1.47M

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Nearby similar homes

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3D WALKTHROUGH

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3 stop elevator • Rooftop views • First floor bed bath

New listings for sale in 07762

3D WALKTHROUGH

$5,799,999

4 beds4 baths4,141 sq ft

101 Atlantic Ave, Spring Lake, NJ 07762

3 stop elevator • Rooftop views • First floor bed bath

$3,700,000

4 beds3.5 baths2,966 sq ft

2124 Edgewood Pl, Spring Lake, NJ 07762

Walk-in wine cellar • Outdoor kitchen • Pizza oven

OPEN SAT, 12PM TO 2PM

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4 beds3 baths2,458 sq ft

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Water views • Front porch • Eat-in kitchen

$4,299,000

6 beds3 baths2,590 sq ft

200 Salem Ave, Spring Lake, NJ 07762

Covered front porch • Great room • Chef's kitchen

Home values near 42 Locust Way

Data from public records.

Address	Redfin Estimate
17 Locust Way, Spring Lake, NJ 2 Beds \| 1.5 Baths \| - Sq. Ft.	$779,089
23 Locust Way, Spring Lake, NJ 2 Beds \| 1.5 Baths \| 1298 Sq. Ft.	$894,330
41 Locust Way, Spring Lake, NJ 2 Beds \| 2 Baths \| 1542 Sq. Ft.	$836,607
35 Locust Way, Spring Lake, NJ 2 Beds \| 2 Baths \| 1298 Sq. Ft.	$816,860
29 Locust Way, Spring Lake, NJ 2 Beds \| 2 Baths \| 1298 Sq. Ft.	$810,422
44 Locust Way, Spring Lake, NJ 2 Beds \| 3 Baths \| 2004 Sq. Ft.	$1,084,836
45 Locust Way, Spring Lake, NJ 2 Beds \| 1.5 Baths \| - Sq. Ft.	$877,640

Address	Redfin Estimate
19 Locust Way, Spring Lake, NJ 2 Beds \| 2 Baths \| 1298 Sq. Ft.	$777,763
27 Locust Way, Spring Lake, NJ 2 Beds \| 2 Baths \| - Sq. Ft.	$888,711
39 Locust Way, Spring Lake, NJ 2 Beds \| 1.5 Baths \| - Sq. Ft.	$780,981
33 Locust Way, Spring Lake, NJ 2 Beds \| 1 Baths \| 1298 Sq. Ft.	$868,357
38 Locust Way, Spring Lake, NJ 2 Beds \| 3 Baths \| 1632 Sq. Ft.	$933,085
49 Locust Way, Spring Lake, NJ 2 Beds \| 1.5 Baths \| - Sq. Ft.	$859,842
22 Locust Ct, Spring Lake, NJ 2 Beds \| 2.5 Baths \| 1366 Sq. Ft.	$912,839

Address	Redfin Estimate
21 Locust Way, Spring Lake, NJ 2 Beds \| 3 Baths \| 1952 Sq. Ft.	$1,009,668
43 Locust Way, Spring Lake, NJ 2 Beds \| 2 Baths \| 1298 Sq. Ft.	$861,224
37 Locust Way, Spring Lake, NJ 2 Beds \| 1.5 Baths \| 1632 Sq. Ft.	$879,954
31 Locust Way, Spring Lake, NJ 2 Beds \| 2 Baths \| - Sq. Ft.	$829,568
40 Locust Way, Spring Lake, NJ 2 Beds \| 3 Baths \| 1860 Sq. Ft.	$1,175,848
47 Locust Way, Spring Lake, NJ 2 Beds \| 1.5 Baths \| 1632 Sq. Ft.	$827,061
26 Locust Ct, Spring Lake, NJ 2 Beds \| 2.5 Baths \| 1366 Sq. Ft.	$958,610

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