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For sale
  • Price cut: $1M (6/15)
    $8,900,000

    7 Lorraine Avenue, Spring Lake, NJ 07762

    3beds
    2,400sqft
    : 
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    Single Family Residence
    Built in 1962
    0.34 Acres Lot
    $8,421,500 Zestimate®
    $3,708/sqft
    $-- HOA

    What's special

    Premier beach-block propertyIconic inviting boardwalkHighly sought-after lot size
    Experience the Essence of Spring Lake Living. An unrivaled location meets boundless potential in the prestigious North End of Spring Lake, NJ. Situated a mere 3 homes from the Atlantic Ocean on an oversized 101x150 lot, this premier beach-block property offers a generational opportunity to build a brand-new custom dream home or execute a luxury renovation. It is the perfect canvas for a custom-tailored coastal estate in one of the most exclusive areas of the Jersey Shore. Positioned perfectly to capture magnificent, unobstructed ocean views, the soothing rhythm of crashing waves, and cooling summer breezes, you are steps from the pristine beach, the iconic inviting boardwalk, and the elegant North End Pavilion and community pool. This highly sought-after lot size easily accommodates a grand estate with sweeping covered porches and private pool potential. Bring your architect to design the ultimate luxury lifestyle. Claim your piece of the gold coast. 1 Hr. to NYC; a short ride to Wall Twp. Airport. Mins. to prestigious Golf Country Club, Tennis & Bath Club, and fine dining.
    31 days
    |
    3,136
    |
    53
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Patricia Mayer psharin@dianeturton.com,

    Diane Turton, Realtors-Sea Girt

    Source: MoreMLS,MLS#: 22615913MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Natural Gas
      Cooling
      • Central Air
      Features
      • Balcony
      • Flooring: Ceramic Tile, Wood
      • Basement: Unfinished
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 2,400
      • Total interior livable area: 2,400 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Asphalt, Double Wide Drive
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Stories: 2
      • Exterior features: Other
      • Has view: Yes
      • View description: Ocean
      • Has water view: Yes
      • Water view: Ocean
      Lot
      • Size: 0.34 Acres
      Details
      • Parcel number: 4700137000000003
      • Zoning description: Residential, Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cape Cod
      • Property subtype: Single Family Residence
      Materials
      • Brick
      Condition
      • Year built: 1962

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Spring Lake

      Financial & listing details

      • Price per square foot: $3,708/sqft
      • Tax assessed value: $5,565,600
      • Annual tax amount: $25,435
      • Date on market: 5/29/2026
      • Inclusions: Outdoor Lighting, Blinds/Shades, Ceiling Fan(s), Dishwasher, Dryer, Light Fixtures, Stove, Refrigerator
      • Exclusions: Personal belongings.

        Estimated market value

        $8,421,500

        $8.00M - $8.84M

        $5,855/mo

        Price history

        DateEventPrice
        6/15/2026Price change$8,900,000-10.1%$3,708/sqft
        Source: MoreMLS #22615913 Report a problem
        5/29/2026Listed for sale$9,900,000-7.9%$4,125/sqft
        Source: MoreMLS #22615913 Report a problem
        5/26/2026Listing removed$10,750,000$4,479/sqft
        Source: MoreMLS #22615063 Report a problem
        5/25/2026Price change$10,750,000+36.1%$4,479/sqft
        Source: MoreMLS #22614859 Report a problem
        5/20/2026Listed for sale$7,900,000+1722.8%$3,292/sqft
        Source: MoreMLS #22614859 Report a problem
        8/26/1997Sold$433,403$181/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$27,216 +4%$5,565,600 +4%
        2024$26,174 +0.4%$5,352,500 +3.3%
        2023$26,063 +6.8%$5,181,600 +9.8%
        2022$24,407 +4.6%$4,720,800 +21.4%
        2021$23,338 +0.3%$3,889,600 +2.2%
        2020$23,259 +99.9%$3,807,600 +3.1%
        2019$11,636 $3,691,900 -0.4%
        2018$11,636 -40.1%$3,705,600 +0.3%
        2017$19,418 -2.1%$3,694,300 +29.9%
        2016$19,845 +1.7%$2,843,100
        2015$19,504 +2.2%$2,843,100
        2014$19,077 +3.7%$2,843,100
        2012$18,395 -0.3%$2,843,100
        2011$18,452 +0.6%$2,843,100
        2010$18,338 -0.2%$2,843,100
        2009$18,366 $2,843,100
        2008-- $2,843,100
        2007-- $2,843,100
        2006-- $2,843,100
        2005-- $2,843,100 +256.2%
        2003-- $798,100
        2002-- $798,100
        2001-- $798,100

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
          See how much you could borrow to make a competitive offer.

          Climate risks

          Neighborhood: 07762

          Getting around

          28 / 100
          Car-Dependent
          50 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: H. W. Mountz
          • Middle: H. W. Mountz

          Source: MoreMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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