THIS IS THE PERFECT BEACH HOUSE! LARGE SUNNY LR W/ FRENCH DOORS OPENING TO A DECK, CHEERY KITCHEN, SUNROOM, 4 NICE-SIZED BED. , CENTRAL AIR, PLUS A GREAT FRONT PORCH. OUTDOOR SHOWER, STORAGE SHED IN REAR YARD. THIS IS THE BEST BUY IN TOWN! EASY TO SHOW-CALL OFFICE FOR WEEKEND APT. WEEKDAYS. PICK UP KEY. OIL TANK NOT IN USE. WASHER AND DRYER IN ''AS IS'' CONDITION. OWNERS-NICHOLAS M. CANNELLA AND JOANNE WELTY
Single-familyProperty Type
1950Year Built
7,501 sq ftLot Size
$1,582Est. Price/Sq.Ft.
Listed by Bonnie O'Malley• Bonnie O' Malley Realtor
Bought with Eileen Beck• Gloria Nilson & Co. Real Estate
Source:MOMLS #2017529
Redfin Estimate
$1,942,133
$1.4M since sold in March 2004$31K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 62% higher than the average sale price ($1.20M) of 4 comparable homes.
THIS IS THE PERFECT BEACH HOUSE! LARGE SUNNY LR W/ FRENCH DOORS OPENING TO A DECK, CHEERY KITCHEN, SUNROOM, 4 NICE-SIZED BED. , CENTRAL AIR, PLUS A GREAT FRONT PORCH. OUTDOOR SHOWER, STORAGE SHED IN REAR YARD. THIS IS THE BEST BUY IN TOWN! EASY TO SHOW-CALL OFFICE FOR WEEKEND APT. WEEKDAYS. PICK UP KEY. OIL TANK NOT IN USE. WASHER AND DRYER IN ''AS IS'' CONDITION. OWNERS-NICHOLAS M. CANNELLA AND JOANNE WELTY
Public Records
Dec 1, 1984
Sold
$130,000
$106/sq ft
Public Records
Dec 1, 1978
Sold
$55,000
$45/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$7,050 (+12.3%)
$1,562,000 + $136,400
$1,698,400
2024
$6,277 (+13.4%)
$1,412,000 + $130,700
$1,542,700
2023
$5,534 (+1.3%)
$1,187,000 + $96,700
$1,283,700
2022
$5,464 (−5.1%)
$1,005,700 + $94,400
$1,100,100
2021
$5,759 (+3.5%)
$967,000 + $89,900
$1,056,900
2020
$5,563 (+0.8%)
$878,500 + $81,300
$959,800
2019
$5,518 (+0.5%)
$822,000 + $78,200
$900,200
2018
$5,489 (+0.8%)
$800,000 + $75,900
$875,900
2017
$5,446 (+4.0%)
$800,000 + $70,000
$870,000
2016
$5,239
$800,000 + $70,000
$870,000
2015
$5,239 (+4.6%)
$662,900 + $104,300
$767,200
2014
$5,009 (+2.2%)
$625,900 + $104,300
$730,200
2013
$4,900 (+1.8%)
$625,900 + $104,300
$730,200
2012
$4,812 (+1.9%)
$625,900 + $104,300
$730,200
2011
$4,724 (−0.3%)
$625,900 + $104,300
$730,200
2010
$4,739 (+0.6%)
$625,900 + $104,300
$730,200
2009
$4,710
$625,900 + $104,300
$730,200
Tax history for 507 Ludlow Ave
Year
Property tax
Land + Additions
Assessment*
2025
$7,050 (+12.3%)
$1,562,000 + $136,400
$1,698,400
2024
$6,277 (+13.4%)
$1,412,000 + $130,700
$1,542,700
2023
$5,534 (+1.3%)
$1,187,000 + $96,700
$1,283,700
2022
$5,464 (−5.1%)
$1,005,700 + $94,400
$1,100,100
2021
$5,759 (+3.5%)
$967,000 + $89,900
$1,056,900
2020
$5,563 (+0.8%)
$878,500 + $81,300
$959,800
2019
$5,518 (+0.5%)
$822,000 + $78,200
$900,200
2018
$5,489 (+0.8%)
$800,000 + $75,900
$875,900
2017
$5,446 (+4.0%)
$800,000 + $70,000
$870,000
2016
$5,239
$800,000 + $70,000
$870,000
2015
$5,239 (+4.6%)
$662,900 + $104,300
$767,200
2014
$5,009 (+2.2%)
$625,900 + $104,300
$730,200
2013
$4,900 (+1.8%)
$625,900 + $104,300
$730,200
2012
$4,812 (+1.9%)
$625,900 + $104,300
$730,200
2011
$4,724 (−0.3%)
$625,900 + $104,300
$730,200
2010
$4,739 (+0.6%)
$625,900 + $104,300
$730,200
2009
$4,710
$625,900 + $104,300
$730,200
*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: Cape Cod
Exterior Wall: Frame
Property Information
Subdivision Name: LUDLOW TRACT/NORTH BRIGHTON
Living Sq. Ft: 1,228
# of Stories: 1.5
Lot Information
# of Buildings: 1
Land Sq. Ft: 7,501
Legal Lot Number: 4
Legal Block Number: 114
Municipality Name: SPRING LAKE BORO
Acres: 0.1722
Depth Footage: 150
Front Footage: 50
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: 2.0
Sq. Ft.: 1,228
Stories: 1.5
Lot Size: 7,501 square feet
Style: Single Family Residential
Year Built: 1950
Year Renovated: —
County: Monmouth County
APN: 4700114 00004
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
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)
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
$1.85M – $2.23M
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