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1207 Ocean Road, Spring Lake, NJ, 07762

5beds
3baths
2,908sqft
$2,199,900
$756price/sqft
$13,664/moest. monthly cost
$546,560/yrincome needed

About This Home

Set back on an oversized lot, this beautiful shore ranch home has been gutted to the studs, expanded & meticulously reimagined. Spanning just under 3,000 square feet, the main level defines open-concept sophistication. The chef's kitchen serves as the home's centerpiece, boasting premium GE Café appliances, a massive center island & abundant counter space. Features include 4 spacious bedrooms, 2 full baths- including a serene primary en-suite- plus a well equipped laundry room. The lower level is a show-stopping entertainer's dream, w/ a massive open recreation space complete w/ a full wet bar, beverage fridge & a custom under-stair wine rack. An additional guest bedroom, private office (or 6th bedroom) & a stunning ''speakeasy'' style full bath complete this level. Perfectly positioned the home is a quick drive to the beach & shopping, or a quick walk to the pickleball courts. Outdoor living is equally impressive, featuring a grand paver patio, a freshly redone garage & an expanded driveway. Don't wait--schedule your private tour today!

Getting Around

52
WalkingSomewhat Walkable
0
TransitVery Limited Transit
51
BikeBikeable

Schools

Construction

Condition

  • Year built: 1960

Materials

  • Roof: Timberline

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch,Expanded Ranch
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Finished,Full

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Heating & Cooling

  • Heating features: Natural Gas,Forced Air,3+ Zoned Heat
  • Cooling features: Central Air,3+ Zoned AC

Interior Area

  • Total structure area: 2,908
  • Total interior livable area: 2,908 sqft

Property

Details

  • Parcel number: 48000030100002
  • Exclusions: personal items

Features

  • Stories: 2

Lot

  • Lot size: 0.30 Acres
  • Lot size dimensions: 88 x 150

Parking

  • Total spaces: 1.5
  • Parking features: Oversized
  • Has garage: Yes
  • Attached garage spaces: 1.5
  • Covered spaces: 1.5

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Strong Wind
Heat Wave
Lightning
Winter Weather
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $11,123$133,476
Home Insurance *$303$3,636
Property Taxes $1,918$23,016
Electricity $320$3,846
Total$13,664$163,968
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$468,480/yr
40% on housing$409,920/yr
45% on housing$364,373/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$756This listing

vs Other Active Listings

Avg $/sqft

ZIP 07762$906
Monmouth County$424

vs Homes Sold Last Month

Median $/sqft

ZIP 07762$1,303
Monmouth County$384

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-05Price change$1,999,999
2026-06-25Listed for sale$2,199,900
2025-08-21Sold$860,000
2025-07-17Pending sale$849,900
2025-07-03Listed for sale$849,900
2008-05-19Listing removed$649,000
2008-04-10Listed for sale$649,000

For Sale by Agent

AgentMark C Cowan
BrokerageThe Gallery Residential Brokerage

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