Google street view image for 700 Ocean Ave #118, Spring Lake, NJ 07762

Off market dec 2014 for $480K

$955,660

Est. refi paymentEst. refi $3,140/mo

•

1 ba

•

852

sq ft

700 Ocean Ave #118, Spring Lake, NJ 07762

About this home

700 Ocean Ave #118 is a 852 square foot condo with 1 bedroom and 1 bathroom. - it last sold on December 11, 2014 for $480,000. Based on Redfin's Spring Lake data, we estimate the home's value is $955,660.

CondoProperty Type

2002Year Built

$1,122Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$955,660

$476K since sold in December 2014$1,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 67.9% higher than the average sale price ($569K) of 6 comparable homes.

SOLD OCT 16, 2026
$820,000
A
1 bed1 bath705 sq ft
700 Ocean Ave #139, Spring Lake, NJ 07762
SOLD OCT 16, 2026
$400,000
B
1 bed1 bath882 sq ft
1000 River Rd Unit 9J, Belmar, NJ 07719
SOLD SEP 10, 2026
$626,000
C
1 bed1 bath474 sq ft
700 Ocean Ave #431, Spring Lake, NJ 07762
SOLD APR 17, 2026
$445,000
D
1 bed1 bath— sq ft
1000 River Rd Unit 7G, Belmar, NJ 07719
SOLD MAY 14, 2026
$625,000
E
1 bed1 bath535 sq ft
700 Ocean Ave #405, Spring Lake, NJ 07762
SOLD MAY 11, 2026
$499,900
F
1 bed1 bath535 sq ft
700 Ocean Ave #205, Spring Lake, NJ 07762

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Earn from this home

Sell

$616,720

Est. take-home

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Refinance

Est. cash available

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Rent

$1,544/mo

Redfin rental estimate

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Market trends in 07762, NJ

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

101.3%

3.2% MoM

Median sale price

$935K

$65K MoM

Avg. days on market

20d

1 days MoM

Recently sold homes

1 MoM

New listings for sale

$1,479,000
1 bed1 bath— sq ft
700 Ocean Ave #504, Spring Lake, NJ 07762
$899,900
2 beds1.5 baths1,402 sq ft
61 Maple Dr, Spring Lake, NJ 07762
See all

Provided by Redfin

Sale history for 700 Ocean Ave #118

Year

Property tax

Land + Additions

Assessment*

2025

$3,949 (−1.6%)

$724,200 + $196,300

$920,500

2024

$4,013 (+14.3%)

$668,800 + $195,300

$864,100

2023

$3,511 (+1.8%)

$639,000 + $181,700

$820,700

2022

$3,448 (+0.9%)

$520,600 + $177,400

$698,000

2021

$3,418 (+19.4%)

$495,900 + $171,000

$666,900

2020

$2,863 (−1.7%)

$413,200 + $156,500

$569,700

2019

$2,912 (+0.4%)

$311,000 + $152,200

$463,200

2018

$2,902 (+2.2%)

$311,000 + $151,300

$462,300

2017

$2,841 (−2.5%)

$311,000 + $142,800

$453,800

2016

$2,915 (+1.7%)

$311,000 + $142,800

$453,800

2015

$2,866 (+11.5%)

$318,300 + $108,600

$426,900

2014

$2,571 (+2.2%)

$266,300 + $108,600

$374,900

2013

$2,516 (+1.8%)

$266,300 + $108,600

$374,900

2012

$2,471 (+1.6%)

$266,300 + $108,600

$374,900

2011

$2,431 (−0.3%)

$266,300 + $108,600

$374,900

2010

$2,438 (+0.6%)

$267,100 + $108,600

$375,700

2009

$2,423

$267,100 + $108,600

$375,700

Tax history for 700 Ocean Ave #118

Year

Property tax

Land + Additions

Assessment*

2025

$3,949 (−1.6%)

$724,200 + $196,300

$920,500

2024

$4,013 (+14.3%)

$668,800 + $195,300

$864,100

2023

$3,511 (+1.8%)

$639,000 + $181,700

$820,700

2022

$3,448 (+0.9%)

$520,600 + $177,400

$698,000

2021

$3,418 (+19.4%)

$495,900 + $171,000

$666,900

2020

$2,863 (−1.7%)

$413,200 + $156,500

$569,700

2019

$2,912 (+0.4%)

$311,000 + $152,200

$463,200

2018

$2,902 (+2.2%)

$311,000 + $151,300

$462,300

2017

$2,841 (−2.5%)

$311,000 + $142,800

$453,800

2016

$2,915 (+1.7%)

$311,000 + $142,800

$453,800

2015

$2,866 (+11.5%)

$318,300 + $108,600

$426,900

2014

$2,571 (+2.2%)

$266,300 + $108,600

$374,900

2013

$2,516 (+1.8%)

$266,300 + $108,600

$374,900

2012

$2,471 (+1.6%)

$266,300 + $108,600

$374,900

2011

$2,431 (−0.3%)

$266,300 + $108,600

$374,900

2010

$2,438 (+0.6%)

$267,100 + $108,600

$375,700

2009

$2,423

$267,100 + $108,600

$375,700

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

Zoning

CS-SC

Common Services Residence Senior Citizen District

The purpose of the Common Services Residence Senior Citizen District is to permit construction of luxury common service residences for senior citizens in the Borough.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Senior

Property details

Exterior

Exterior Information
Building Style Type: Condominium

Property Information
Subdivision Name: ESSEX & SUSSEX CONDO
Living Sq. Ft: 852

Lot Information
# of Buildings: 1
Land Sq. Ft: 379
Legal Lot Number: 1.118
Legal Block Number: 43
Municipality Name: SPRING LAKE BORO
Acres: 0.0087
State Use Description: RESIDENTIAL

Financial

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

Public facts

Beds: 1
Baths: 1.0
Sq. Ft.: 852
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: 2002
Year Renovated: —
County: Monmouth County
APN: 4700043 00001 118

Home facts updated by county records on Sep 16, 2026

About this building

1 for sale

700 Ocean Ave, Spring Lake, NJ 07762

See photos & sale trends

Photo via 700 Ocean Ave #539

Units for sale


504	$1,479,000	1 bed	1 bath	— sq ft

Around this home

Schools

H W Mountz Elementary School

Public PreK-8 • Assigned • 0.8mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

4/10 Flood Factor

Estimated 14-20% chance 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)

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

$908,000 – $1.10M

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Nearby similar homes

$1,479,000

1 bed1 bath— sq ft

700 Ocean Ave #504, Spring Lake, NJ 07762

Heated floors • Quartz counters • Private balcony

NEW 14 HRS AGO

$1,299,900

3 beds3.5 baths— sq ft

801 Main St Unit A4, Avon-By-The-Sea, NJ 07717

New construction • View of sylvan lake • Private loft

OPEN SAT, 12PM TO 4PM

$739,000

1 bed2 baths1,220 sq ft

1 5th Ave Unit 403, Neptune City, NJ 07753

Ocean view roof deck • Secure parking area • Fitness center

$593,500

3 beds2 baths1,654 sq ft

374 Deuce Dr, Wall Township, NJ 07719

Corner gas fireplace • $344 HOA • Garage

OPEN SAT, 12PM TO 3PM

$1,199,900

3 beds3.5 baths— sq ft

801 Main St Unit B4, Avon-By-The-Sea, NJ 07717

Soaring 9 ceilings • Quartz countertops • Garage

$549,900

2 beds1 bath896 sq ft

115 Curtis Ave #2, Manasquan, NJ 08736

Dedicated entry • Scenic trails • $602 HOA

New listings for sale in 07762

$1,479,000

1 bed1 bath— sq ft

700 Ocean Ave #504, Spring Lake, NJ 07762

Heated floors • Quartz counters • Private balcony

$899,900

2 beds1.5 baths1,402 sq ft

61 Maple Dr, Spring Lake, NJ 07762

Gated community • New hvac system • Heated swimming pool

Home values near 700 Ocean Ave #118

Data from public records.

Address	Redfin Estimate
700 Ocean Ave Apartment 334, Spring Lake, NJ 1 Beds \| 1 Baths \| 520 Sq. Ft.	$759,144
700 Ocean Ave Apartment 531, Spring Lake, NJ 1 Beds \| 1 Baths \| 423 Sq. Ft.	$852,843

Address	Redfin Estimate
700 Ocean Ave Apartment 307, Spring Lake, NJ 1 Beds \| 1 Baths \| 568 Sq. Ft.	$605,195
700 Ocean Ave Apartment G37, Spring Lake, NJ - Beds \| 1 Baths \| - Sq. Ft.	$450,618

Address	Redfin Estimate
700 Ocean Ave Apartment G2, Spring Lake, NJ 1 Beds \| 1 Baths \| 770 Sq. Ft.	$779,875
700 Ocean Ave Apartment 301, Spring Lake, NJ - Beds \| 1 Baths \| 272 Sq. Ft.	$323,300

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