For Sale51d on marketHistoric · 106 yrs
240 River Avenue
Lakewood, NJ, 08701 • 08701 • Ocean County
$750,000
$440/sqft
-$49,000 since Mar 11, 2026
Down payment assistance available
4Beds
3Baths
1,706Sqft
0.17 acLot
1920Built
Property DNA
Character Home
Built 1920 · 106 years of history
Lakewood
08701
2-Car Garage
Garage
This home is getting attention
Listed 51 days ago · 233 views · 2 saves
Market activity
Demand and pricing signals for this listing
233 views
People checking out this listing
2 saves
Buyers have saved this home
51 days on market
Established listing
$440/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 12% 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 1920 · Historic
Prime mixed-use opportunity in a sought-after Lakewood location! This 50 × 150 lot offers exceptional flexibility with zoning for both residential and commercial use—ideal for investors, builders, or business owners looking to capitalize on a high-demand area with strong growth potential. Endless possibilities await in this versatile property.
Estimated monthly payment
Based on current rates
$4,701/month
Principal & Interest$3,701
Property Tax$750
Insurance$250
Down payment20% ($150,000)
3%50%
Est. 6.27% rate · 30yr fixed · $600,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1920
HeatingElectric
CoolingNone
Parking2 Garage spaces
Lot7,405 sqft
Days on Zillow51 Days
Price/sqft$440
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1920
Stories1
Systems
HeatingElectric
CoolingNone
Water / SewerPublic Sewer
Parking & Outdoor
ParkingGarage
Garage2 spaces
BasementPartially Finished
Lot7,405 sqft
Location & Tax
Neighborhood08701
Annual tax$8,465
Parcel1500414000000007
Bathrooms & Fees
Full baths2
Features & details
3 categories of property features
Interior Features
Heating
Electric
Cooling
None
Exterior Features
Parking
Garage
Listing insights
Market data and value estimates
StatusFor Sale
Days on market51
Est. rent$3,429/mo
Tax rate1.49%
Price/sqft$440
On marketFeb 17, 2026
PostedFeb 17, 2026
Last sold$70,000
MLS updatedMar 11, 2026
Tour days9
Views233
Favorites2
How are the schools in Lakewood?
3 schools rated nearby
Location
Lakewood, NJ, 08701
Price history
8 events
DateEventPrice$/sqftSource
Mar 11, 2026Price Change$750,000$440MoreMLS
Feb 17, 2026Listed For Sale$799,000$468MoreMLS
May 16, 2025Listing Removed$679,000$398MoreMLS
Apr 30, 2025Listed For Sale$679,000$398MoreMLS
Nov 4, 2024Listing Removed$1,000,000$586MoreMLS
Sep 6, 2024Price Change$1,000,000$586MoreMLS
May 3, 2024Listed For Sale$1,100,000$645MoreMLS
Nov 18, 1999Sold$70,000$41Public Record
Price Change$750,000
Mar 11, 2026•$440/sqft•MoreMLS
Listed For Sale$799,000
Feb 17, 2026•$468/sqft•MoreMLS
Listing Removed$679,000
May 16, 2025•$398/sqft•MoreMLS
Listed For Sale$679,000
Apr 30, 2025•$398/sqft•MoreMLS
Listing Removed$1,000,000
Nov 4, 2024•$586/sqft•MoreMLS
Price Change$1,000,000
Sep 6, 2024•$586/sqft•MoreMLS
Listed For Sale$1,100,000
May 3, 2024•$645/sqft•MoreMLS
Sold$70,000
Nov 18, 1999•$41/sqft•Public Record
Tax history
22 years of records
YearTax paidAssessed value
Apr 10, 2023$7,467$327,200
Apr 10, 2022$7,454$327,200
Apr 10, 2021$7,454$327,200
Apr 10, 2020$7,153$327,200
Apr 10, 2019$6,865$327,200
Apr 10, 2018$6,714$327,200
Apr 10, 2017$6,707$327,200
Apr 10, 2016$6,489$228,900
Apr 10, 2015$6,155$228,900
Apr 10, 2014$5,652$228,900
Apr 10, 2013$5,262$228,900
Apr 10, 2012$5,196$228,900
Apr 10, 2011$5,283$228,900
Apr 10, 2010$4,885$228,900
Apr 10, 2009$4,607$264,900
Apr 10, 2008$4,374$264,900
Apr 10, 2007$4,130$264,900
Apr 10, 2006$2,839$83,200
Apr 10, 2004—$83,200
Apr 10, 2003—$83,200
Apr 10, 2002—$83,200
Apr 10, 2001—$83,200
Nearby homes
Neighborhood details
Local context around this listing
Lakewood, NJ • Ocean County
Nearby neighborhoods
A Country PlaceChestnut EstatesCoventry SquareGreenvilleLeisure VillageLeisure Village EastSouth LakewoodSpruce Gardens
Nearby cities
BarnegatBayvilleBrickBrowns MillsForked RiverJacksonLakewoodManahawkin
Nearby zip codes
08701
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