5 months on rocket

217 Lorraine Ave, Spring Lake, NJ, 07762

$6,500,000

6 Bedrooms
7 Full Baths, 2 Partial
8,497 SqFt
$765/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingPaver Block, Covered, Driveway, Off Street, Oversized
Garage3 spaces
Year Built2004
HeatingNatural Gas, Forced Air, Zoned
CoolingCentral Air, Zoned
BasementYes
WaterfrontLake Front
ViewLake
MLS #22332641
Lot Size0.52 Acres
StatusActive

About 217 Lorraine Ave

Situated in Spring Lake's coveted north end just three blocks to the beach, coastal elegance and sophistication exude from this grand estate with views of Lake Como. This custom-built home with 10 ft ceilings is situated on an oversized 150 x 150 lot complete with a separate two-story guest annex, ~40' x 20' inground pool, outdoor spa and grandfathered-in pool house which has its own full bathroom and changing room. This expansive abode, at nearly 8,500 square feet, is the perfect setting for large or intimate gatherings with a myriad of indoor and outdoor common living spaces to choose from. This luxurious home with 6 bedrooms and 9 bathrooms has all of today's modern comforts that one could desire. The full basements are primed for renovation and the home has a dedicated locale for an elevator. Just 60 miles south of New York City, this stately property is in an ideal location for year-round living or can be enjoyed as a grand pied-a-terre. This spectacular residence at the Jersey Shore, in one of the state's most prestigious beach towns, is not to be missed.

Property Details

Property Features

Property Information:

  • Architectural Style: Custom, Detached, 2 Story
  • Year Built: 2004
  • Stories: 3
  • Living Area: 8,497 SqFt

Listing Office:

  • Office Name: Compass New Jersey LLC
  • Listing Agent: Marian Kingston

Interior Features

Interior Information:

  • Appliances: Washer, Oven, Dishwasher, Central Vacuum, Dryer, Double Oven, Microwave, Stove, Range Hood, Refrigerator, Freezer, Disposal, Garage Door Opener, Gas Range, Generator
  • Basement: Yes
  • Interior: Attic, Attic - Pull Down Stairs, Balcony, Bonus Room, Ceilings - 9Ft+ 1st Flr, Ceilings - 9Ft+ 2nd Flr, Conservatory, Dec Molding, Den, In-Law Suite, Sliding Door, Wet Bar, Recessed Lighting

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 7
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Lake
  • Exterior: Balcony, Fence - Electric, Outbuilding, Outdoor Lighting, Patio, Sprinkler Under, Storage, Swimming, Terrace, Lighting

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Paver Block, Covered, Driveway, Off Street, Oversized

Virtual/3D Tour

  • Virtual Tour: 217 Lorraine Ave

Virtual Tour

Lot Features

Lot Information:

  • Lot: Oversized Lot, Fencing
  • Lot Size: 0.52 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Zoned
  • Cooling: Central Air, Zoned

School Info

Assigned Schools Information:

  • H. W. Mountz Elementary School, Public District Grades PK-8

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,500,000
  • Price Per SqFt: $765/SqFt

Tax Information:

  • Annual Amount: $25,894
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Name: Monmouth Ocean Regional Multiple Listing Service
  • MLS Number: #22332641

Listing Office:

  • Office Name: Compass New Jersey LLC
  • Listing Agent: Marian Kingston

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 12:50:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 09, 2019Home Sold
$3,600,000

Tax History

YEARPROP. TAXASSESSMENT
2020$25,894$4,189,900
2019$25,827$4,109,000
2018$25,827$4,112,600
2017$26,394$4,216,300

History based on county public records data.

Payment Calculator

$32.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$19.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2935321
9
/10
  • H. W. Mountz Elementary School

  • 411 Tuttle Ave

  • 0.64 miles

  • Public District Grades PK-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $129,375. The most common annual income of people living in Monmouth County, NJ is between $100k-200k. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 217 Lorraine Ave

What is the listing price of this property?

The listing price of 217 Lorraine Ave property is $6,500,000.

What type of property is this?

The property 217 Lorraine Ave is a house located in Spring Lake, New Jersey, 07762.

Is this property for sale now?

Active Listing: 217 Lorraine Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 217 Lorraine Ave are:
H. W. Mountz Elementary School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $25,894 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 9, 2019 for $3,600,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 217 Lorraine Ave has 6 bedrooms and 7 full and 2 half bathrooms.

What is the square footage of this property?

The property 217 Lorraine Ave is 8,497 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 217 Lorraine Ave is 2004.
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Rocket HomesNew JerseyMonmouth CountySpring Lake07762217 Lorraine Ave

This home is located at 217 Lorraine Ave in Spring Lake, NJ and zip code 07762. This 8,497 square foot home, which was built in 2004, sits on a 0.52 acre lot. Features: 6 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since November 28, 2023 and is currently priced at $6,500,000.

In March 2024, from all listings sold in Monmouth County, NJ there were more than 216 sold above asking price, over 178 sold below and more than 56 were sold right at the asked price. The number of listings in Monmouth County, NJ increased by 6.8% between February 2024 and March 2024. The median list price of listings available in March 2024 was $624,724, while the average time on the real estate market was 37 days.

From Rocket Homes Real Estate and based on county public records data.

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