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428 Ocean Avenue

428 Ocean Avenue, Lakewood, NJ 08701
Multifamily in Ocean
428 Ocean Avenue has been categorized by the local assessors in Lakewood, NJ as a residential type of property. The building on the property was first built in 1906 and is 118 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 428 Ocean Avenue has 2,486 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a unknown that is 1,329 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,500 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of asphalt. In terms of heating, it is utilizing a forced air unit and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 428 Ocean Avenue sold most recently in Mar 7, 2021 for a total of $404,000. If you work out the math, that's approximately a cost of $162.51 per sqft. Before that, the property was also sold for $385,000 in Nov 30, 2004. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,437 in taxes each year. 428 Ocean Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $325,900. If we break it down further, the land itself was valued at $142,700. Improvements to the property, however, were assessed at a total of $183,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Cedar Siding
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200323
03/23/2020
12 Bed
3 Bath
-
$459,000
bedrooms
12 Bed
bathrooms
3 Bath
$404,000 -11.98%
03/19/2021
Aaron Schuster

Building Info

Overview

    General

  • Year Built: 1906
  • Effective Year Built: 1906
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Colonial
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 1,329
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,486
  • Building Area: 2,486
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,486
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SERHOFER SAMUEL
  • Previous Owner : BENATTAR CHARLES S
  • Previous Owner 2: BENATTAR MIRIAM
  • Owner Before Previous Owner: ROBERTS JEREMY
  • Owner Before Previous Owner 2: ROBERTS SARAH
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lakewood Township School District
  • Census Tract: 715001

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 117
  • Account Number: 00112490
  • District: 15
  • Parcel: 15 00539-0000-00007
  • Block: 539
  • Lot: 7
  • Municipality: LAKEWOOD TWP
  • Latitude: 40.0904
  • Longitude: -74.1989

    Address

  • Full Address: 428 Ocean Ave
  • Address - House Number: 428
  • Address - Street Name: Ocean
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Lakewood
  • Carrier Code: C063
  • 4-Digit Zip Code: 3552
  • Zip Code: 08701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,437

    Appraisal Valuation

  • Standard Deviation: 0.2146
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 671,904
  • High Value: 816,115
  • Low Value: 527,694

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $303,000
  • First Open Lien Mortgage Lender: ARC HOME LLC
  • First Open Lien Mortgage Recording Date: Mar 19, 2021
  • First Open Lien Mortgage Loan Amount: $303,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $325,900
  • Market Land Value: $142,700
  • Market Improvement Value: $183,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $325,900
  • Assessed Land Value: $142,700
  • Assessed Improvements Value: $183,200

    Sales

  • Current Sale Contract Date: Mar 07, 2021
  • Current Sale Recording Date: Mar 19, 2021
  • Current Sale Transaction ID: 11825607725
  • Current Sale Price: $404,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021043128
  • Previous Sale Recording Date: Dec 07, 2004
  • Previous Sale Contract Date: Nov 30, 2004
  • Previous Sale Amount: $385,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARC HOME LLC
  • First Mortgage Transaction Date: Mar 19, 2021
  • First Mortgage Loan Amount: $303,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: GFI MORTGAGE INC
  • Previous Mortgage Transaction Date: Dec 07, 2004
  • Previous Mortgage Loan Amount: $288,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Dec 01, 2034

About Lakewood



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Unit for rent at 6461 Rte 9, Howell, NJ, 07731

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Frequently Asked Questions

What neighborhood is 428 Ocean Avenue located in?
The 428 Ocean Avenue is a multifamily located in the neighborhood of Ocean in Lakewood, Lakewood.
What is the average sales price for listings in 428 Ocean Avenue?
The average sales price for units in 428 Ocean Avenue is $459,000 currently.

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