Spring Lake home priced under $1M..... Charming 3 bedroom Seashore Colonial with lemonade porch and awning covered deck. With some cosmetic improvements you can bring an updated look to this adorable home. Close proximity to beach and town, enjoy all that Spring Lake has to offer. Ideal as a Starter or Summer home. It is priced under assessed value, and is ready for a quick close. Estate owned, so make an appointment to see it today! (Click main photo to see interior pictures).
Single-familyProperty Type
1900Year Built
5,249 sq ftLot Size
$1,068Est. Price/Sq.Ft.
Listed by Anita Kruse• Coldwell Banker Realty
Bought with Kathleen Sheprow• Coldwell Banker Realty
Source:MOMLS #20927314
Redfin Estimate
$1,801,265
$471K since sold in April 2021$47K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 121.7% higher than the average sale price ($813K) of 5 comparable homes.
Spring Lake home priced under $1M..... Charming 3 bedroom Seashore Colonial with lemonade porch and awning covered deck. With some cosmetic improvements you can bring an updated look to this adorable home. Close proximity to beach and town, enjoy all that Spring Lake has to offer. Ideal as a Starter or Summer home. It is priced under assessed value, and is ready for a quick close. Estate owned, so make an appointment to see it today! (Click main photo to see interior pictures).
Year
Property tax
Land + Additions
Assessment*
2025
$7,317 (−6.6%)
$1,319,100 + $435,200
$1,754,300
2024
$7,831 (+11.5%)
$1,184,100 + $417,100
$1,601,200
2023
$7,024 (+1.5%)
$1,140,700 + $460,700
$1,601,400
2022
$6,921 (+20.8%)
$946,600 + $449,900
$1,396,500
2021
$5,728 (+1.0%)
$910,200 + $428,400
$1,338,600
2020
$5,671 (+1.5%)
$674,000 + $280,600
$954,600
2019
$5,587 (+1.0%)
$648,000 + $269,700
$917,700
2018
$5,530 (+1.9%)
$625,000 + $261,900
$886,900
2017
$5,425 (+5.2%)
$625,000 + $241,600
$866,600
2016
$5,155 (−5.8%)
$625,000 + $241,600
$866,600
2015
$5,475 (+15.6%)
$653,600 + $101,300
$754,900
2014
$4,735 (−8.6%)
$589,000 + $101,300
$690,300
2013
$5,180 (+1.8%)
$589,000 + $101,300
$690,300
2012
$5,087 (+1.9%)
$670,700 + $101,300
$772,000
2011
$4,995 (+1.1%)
$670,700 + $101,300
$772,000
2010
$4,938 (+6.0%)
$670,700 + $101,300
$772,000
2009
$4,658
$670,700 + $90,200
$760,900
Tax history for 505 Washington Ave
Year
Property tax
Land + Additions
Assessment*
2025
$7,317 (−6.6%)
$1,319,100 + $435,200
$1,754,300
2024
$7,831 (+11.5%)
$1,184,100 + $417,100
$1,601,200
2023
$7,024 (+1.5%)
$1,140,700 + $460,700
$1,601,400
2022
$6,921 (+20.8%)
$946,600 + $449,900
$1,396,500
2021
$5,728 (+1.0%)
$910,200 + $428,400
$1,338,600
2020
$5,671 (+1.5%)
$674,000 + $280,600
$954,600
2019
$5,587 (+1.0%)
$648,000 + $269,700
$917,700
2018
$5,530 (+1.9%)
$625,000 + $261,900
$886,900
2017
$5,425 (+5.2%)
$625,000 + $241,600
$866,600
2016
$5,155 (−5.8%)
$625,000 + $241,600
$866,600
2015
$5,475 (+15.6%)
$653,600 + $101,300
$754,900
2014
$4,735 (−8.6%)
$589,000 + $101,300
$690,300
2013
$5,180 (+1.8%)
$589,000 + $101,300
$690,300
2012
$5,087 (+1.9%)
$670,700 + $101,300
$772,000
2011
$4,995 (+1.1%)
$670,700 + $101,300
$772,000
2010
$4,938 (+6.0%)
$670,700 + $101,300
$772,000
2009
$4,658
$670,700 + $90,200
$760,900
*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: Aluminum Siding
Property Information
Subdivision Name: CHARLES LEWIS 03
Living Sq. Ft: 1,686
# of Stories: 2
Lot Information
# of Buildings: 1
Land Sq. Ft: 5,249
Legal Lot Number: 3
Legal Block Number: 83
Municipality Name: SPRING LAKE BORO
Acres: 0.1205
Depth Footage: 150
Front Footage: 35
Zoning Code: SF-05
State Use Description: RESIDENTIAL
Financial
Assessor Information
Assessment Year: 2026
Tax District County: SPRING LAKE BORO
Public facts
Beds: 4
Baths: 3.0
Sq. Ft.: 1,686
Stories: 2.0
Lot Size: 5,249 square feet
Style: Single Family Residential
Year Built: 1900
Year Renovated: —
County: Monmouth County
APN: 4700083 00003
Home facts updated by county records on Sep 16, 2026
Around this home
Schools
H W Mountz Elementary School
Public PreK-8 • Assigned • 0.2mi
9/10
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
8/10 Heat Factor
7 days above 95° expected this year, 15 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)
37
24
40
26
54
37
62
45
69
54
80
64
84
71
78
64
75
63
67
51
57
41
43
29
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
$1.71M – $2.07M
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