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601 Central Avenue, Spring Lake, NJ, 07762

2beds
2baths
738sqft
$799,000
$1,083price/sqft
$5,037/moest. monthly cost
$201,480/yrincome needed

About This Home

Discover refined coastal living in this beautifully remodeled cottage, ideally located east of Route 71, less than one mile from Spring Lake's renowned beaches and just two blocks from Wreck Pond. Thoughtfully designed to maximize both space and comfort, this two-bedroom home features vaulted ceilings, and an inviting eat-in kitchen with stainless steel appliances and center island. A private driveway, additional street parking, and a charming patio offer conveniences rarely found in a cottage setting. Enjoy effortless access to beaches, dining, shopping, and major transportation routes. With no HOA, this exceptional property presents a compelling alternative to condominium living and an opportunity to enjoy the coveted Spring Lake Heights lifestyle at the Jersey Shore.

Getting Around

56
WalkingSomewhat Walkable
0
TransitVery Limited Transit
60
BikeBikeable

Schools

Construction

Condition

  • Year built: 1955

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Recessed Lighting
  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 738
  • Total interior livable area: 738 sqft

Property

Details

  • Parcel number: 4800019000000075
  • Zoning description: Residential

Features

  • Stories: 1

Lot

  • Lot size: 1,306 sqft
  • Features: Corner Lot
  • Lot size dimensions: 34 x 49

Parking

  • Parking features: Driveway,On Street,None
  • Has uncovered spaces: Yes

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 $4,040$48,480
Home Insurance *$110$1,320
Property Taxes $694$8,328
Electricity $193$2,318
Total$5,037$60,444
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$172,697/yr
40% on housing$151,110/yr
45% on housing$134,320/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

$1,083This listing

vs Other Active Listings

Avg $/sqft

ZIP 07762$931
Monmouth County$425

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)

No zestimate history available

Price History

DateEventPrice
2026-08-05Pending sale$799,000
2026-07-29Listed for sale$799,000
2026-02-20Sold$510,000
2025-12-18Pending sale$549,900
2025-11-26Listed for sale$549,900

For Sale by Agent

AgentChristopher D Smith
BrokerageChris Smith Realty

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