For SaleOpen House99d on marketOpen House
206 Lake Avenue
Island Heights, NJ, 08732 • 08732 • Ocean County
$699,000
$431/sqft
Down payment assistance available
3Beds
3Baths
1,620Sqft
0.76 acLot
1979Built
Property DNA
Custom Style
Built 1979 · 47 years of history
None
08732
1 Fireplace
Cozy heat source
2-Car Garage
Asphalt · Workshop in Garage
This home is getting attention
Listed 99 days ago · 1,231 views · 25 saves
Market activity
Demand and pricing signals for this listing
1,231 views
People checking out this listing
25 saves
Buyers have saved this home
99 days on market
Established listing
$431/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 40% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1979
Have you been searching for a home by the beach with privacy, potential, and the chance to make it your own? Opportunities like this are rare in Island Heights. Situated on an oversized wooded lot, 206 Lake Avenue offers a unique opportunity for the buyer who is ready to invest in a home with character and create something special over time. This property is in need of TLC and is ideal for someone who understands the value of personalizing a home while building equity in a desirable shore-town location. Whether you envision a weekend getaway, future retirement home, or full-time residence near the water, this home provides a strong foundation and exciting potential. Interior features include a spacious living room with hardwood floors, built-in shelving, and a wood-burning fireplace A bonus flex room off the attached two-car garage offers additional space for a home office, gym, or creative use. Previously, this space was approved for a signing business. Outside, the large storage shed is perfect for storing bikes, kayaks, and beach essentials. The wooded lot adds a welcome sense of privacy, while the surrounding neighborhood showcases beautifully maintained homes and ongoing new construction. Island Heights is loved for its riverfront setting, coastal charm, tree-lined streets, and easy access to summer activities including fishing, surfing, and boating. 206 Lake Avenue is being Sold As is and presents an excellent opportunity to enjoy shore-town living while creating a home that is uniquely yours.
Standout features identified
Our analysis highlights wood-burning fireplace, large storage shed, and oversized wooded lot as key attractions of this home.
Estimated monthly payment
Based on current rates
$4,397/month
Principal & Interest$3,465
Property Tax$699
Insurance$233
Down payment20% ($139,800)
3%50%
Est. 6.31% rate · 30yr fixed · $559,200 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1979
HeatingNatural Gas, Hot Water, Baseboard, 3+ Zoned Heat
CoolingMulti Units, Central Air
Parking2 Garage spaces
Lot0.76 Acres
Days on Zillow99 Days
Price/sqft$431
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleCustom
Year built1979
Stories2
Systems
HeatingNatural Gas, Hot Water, Baseboard, 3+ Zoned Heat
CoolingMulti Units, Central Air
RoofWood
Water / SewerPublic Sewer
Parking & Outdoor
ParkingAsphalt, Workshop in Garage
Garage2 spaces
BasementWorkshop/ Workbench
Fireplaces1
Lot0.76 Acres
Location & Tax
Neighborhood08732
Annual tax$7,598
Parcel1100038010001501
Bathrooms & Fees
Full baths2
Features & details
6 categories of property features
Interior Features
Interior
Balcony
Heating
Natural Gas
Hot Water
Baseboard
3+ Zoned Heat
Cooling
Multi Units
Central Air
Exterior Features
Exterior
Balcony
Parking
Asphalt
Workshop in Garage
Lot Features
Irregular Lot
Wooded
Listing insights
Market data and value estimates
StatusFor Sale
Days on market99
Est. value$682,000
Est. rent$3,467/mo
Tax rate1.49%
Price/sqft$431
On marketJan 8, 2026
PostedJan 1, 2026
Last sold$122,500
MLS updatedApr 6, 2026
Tour days9
Views1,231
Favorites25
How are the schools in Island Heights?
3 schools rated nearby
Location
Island Heights, NJ, 08732
Price history
4 events
DateEventPrice$/sqftSource
Jan 8, 2026Listed For Sale$699,000$431MoreMLS
Aug 11, 2025Listing Removed$790,000$488MoreMLS
Apr 11, 2025Listed For Sale$790,000$488MoreMLS
Jul 26, 1994Sold$122,500$76Public Record
Listed For Sale$699,000
Jan 8, 2026•$431/sqft•MoreMLS
Listing Removed$790,000
Aug 11, 2025•$488/sqft•MoreMLS
Listed For Sale$790,000
Apr 11, 2025•$488/sqft•MoreMLS
Sold$122,500
Jul 26, 1994•$76/sqft•Public Record
Tax history
22 years of records
YearTax paidAssessed value
Apr 10, 2023$7,598$375,000
Apr 10, 2022$7,541$375,000
Apr 10, 2021$7,541$375,000
Apr 10, 2020$7,091$375,000
Apr 10, 2019$5,909$375,000
Apr 10, 2018$5,720$310,000
Apr 10, 2017$5,760$310,000
Apr 10, 2016$5,592$310,000
Apr 10, 2015$5,503$310,000
Apr 10, 2014$5,357$310,000
Apr 10, 2013$7,544$310,000
Apr 10, 2012$7,377$439,100
Apr 10, 2011$7,175$439,100
Apr 10, 2010$7,004$439,100
Apr 10, 2009$6,670$439,100
Apr 10, 2008$6,428$439,100
Apr 10, 2007$6,341$439,100
Apr 10, 2006$6,233$439,100
Apr 10, 2004—$178,500
Apr 10, 2003—$178,500
Apr 10, 2002—$178,500
Apr 10, 2001—$178,500
Nearby homes
Neighborhood details
Local context around this listing
Island Heights, NJ • Ocean County
Nearby cities
BarnegatBayvilleBrickBrowns MillsForked RiverJacksonLakewoodManahawkin
Nearby zip codes
08732
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