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505 Mercer Avenue, Spring Lake, NJ 07762 Property Information

505 Mercer Avenue, Spring Lake, NJ 07762 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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505 Mercer Avenue, Spring Lake, NJ 07762
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Address

Primary address 505 Mercer Avenue, Spring Lake
Zip code 07762
County Monmouth
Municipality Spring Lake Borough
Block 49
Lot 3

Sales & Tax Overview for 505 Mercer Avenue, Spring Lake

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 06/19/2017
Sale price $1,200,000
Arm's length
Property tax $8,050

Lot & Building Information for 505 Mercer Avenue, Spring Lake

Building sqft 5,406
Building class Commercial-Mixed Use (101)
Acreage 0.172
Year built 1940
Stories 2
Exterior structural material
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Broadband internet providers and speed map
Types of broadband connections map

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 505 Mercer Avenue, Spring Lake

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About 505 Mercer Avenue, Spring Lake

What is the year built & the total sq. ft. for 505 Mercer Avenue, Spring Lake, NJ 07762?

505 Mercer Avenue, Spring Lake, NJ 07762 was built in 1940 and has a total of 5,406 square feet.

What is the assessed value of 505 Mercer Avenue, Spring Lake, NJ 07762 and the property tax paid?

Assessed at $1,761,400, the tax amount paid for 505 Mercer Avenue, Spring Lake, NJ 07762 is $8,049.

When was 505 Mercer Avenue, Spring Lake, NJ 07762 last sold and what was the last sale price?

505 Mercer Avenue, Spring Lake, NJ 07762 was last sold in 06/19/2017 for $1,200,000.

Ownership Information

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Past Sales & Property History for 505 Mercer Avenue, Spring Lake

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Purchase date Purchase price Buyer name Seller name
06/19/2017 $1,200,000

Title Documents for 505 Mercer Avenue, Spring Lake

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
07/07/2017 - R
06/19/2017 - D
Deed and Realty Tax Fees
                   
                   
                   
                   
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R: Recorded date
D: Document date

Property Taxes for 505 Mercer Avenue, Spring Lake

Access detailed property tax data for 505 Mercer Avenue, Spring Lake, NJ 07762. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $8,050
Market value $1,761,400

Assessment History for 505 Mercer Avenue, Spring Lake

Here's the assessment & property tax history for 505 Mercer Avenue, Spring Lake, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessment value Total tax rate Property tax Year over year change
2025 $1,761,400 $1,761,400 .457 $8,050 -4.09%
2024 $1,716,400 $1,716,400 .489 $8,393 +8.25%
2023 $1,541,400 $1,541,400 .503 $7,753 -0.24%
2022 $1,503,200 $1,503,200 .517 $7,772 -5.50%
2021 $1,370,600 $1,370,600 .6 $8,224 -2.91%

Demographics by Zip Code

Total population 8,262
Median age 55.9
Average household income $186,511
Family households 54.7%
Occupied housing units 4,066
Owner occupied units 67.4%
People per household (average) 2.01
Median year structure built 1971
Median value for units with a mortgage $860,500
Median value for units without a mortgage $1,033,100

Risk

Create a free account to unlock extended information for 505 Mercer Avenue, Spring Lake, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).

FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Geohazard zones map

Transportation

Access the detailed traffic volume map for 505 Mercer Avenue, Spring Lake to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Neighbors for 505 Mercer Avenue, Spring Lake

Here are the neighbors for 505 Mercer Avenue, Spring Lake.

Address Square feet Purchase date Purchase price
514 Sussex Ave, Spring Lake 1,904 05/10/2016 $980,000
510 Essex Ave, Spring Lake 1,280 10/31/2008 $100
506 Sussex Ave, Spring Lake 3,666 06/19/2015 $675,000
504 Essex Ave, Spring Lake 3,218 09/30/2009 $775,000
509 Mercer Ave, Spring Lake 3,222 06/26/2001 $894,000
515 Mercer Ave, Spring Lake
508 Sussex Ave, Spring Lake 1,777 07/31/2023 $1,500,000
501 Mercer Ave, Spring Lake 3,516 02/13/2020 $1
514 Essex Ave, Spring Lake 1,766 08/06/2015 $600,000
521 Sussex Ave, Spring Lake
507 Mercer Ave, Spring Lake 2,916 12/18/2012 $1
503 Mercer Ave, Spring Lake 1,732
512 Essex Ave, Spring Lake 1,568 07/23/2010 $1
511 Mercer Ave, Spring Lake 2,916 04/15/2004 $1,140,000
519 Sussex Ave, Spring Lake 7,330
801 5th Ave, Spring Lake 6,312 04/03/2025 $5,225,000
508 Essex Ave, Spring Lake 3,103 12/13/2019 $900,000
513 Mercer Ave, Spring Lake 3,150 05/22/2003 $475,000
506 Essex Ave, Spring Lake 2,776 08/18/2017 $1,379,000
512 Sussex Ave, Spring Lake 3,150 04/12/2013 $1,100,000

Nearby ZIP Codes for 505 Mercer Avenue, Spring Lake

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