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3 Lake Ave

East Brunswick, NJ 08816

2 bd 2 ba 1,074 sqft Built 1970 Lot 484 sqft condos
Most recent sale
$180,000
Feb 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 15, 2025 Listing removed $2,100 AllJerseyMLS
Feb 11, 2025 Price changed for rent $2,100 AllJerseyMLS
Jan 19, 2025 Price changed for rent $2,200 AllJerseyMLS
Jan 17, 2025 Listed for rent $2,400 AllJerseyMLS
Feb 28, 2022 Sold $180,000 MLS #2205660R
Oct 22, 2021 Listed $175,000 MLS #2205660R
Apr 10, 2019 Sold $140,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $29,200 $15,000 $44,200 $5,467
2024 $29,200 $15,000 $44,200 $5,306
2023 $29,200 $15,000 $44,200 $5,161
2022 $29,200 $15,000 $44,200 $5,142
2021 $29,200 $15,000 $44,200 $4,996
2020 $29,200 $15,000 $44,200 $4,988
2019 $29,200 $15,000 $44,200 $4,937
2018 $29,200 $15,000 $44,200 $4,848
2017 $29,200 $15,000 $44,200 $4,769
2016 $29,200 $15,000 $44,200 $4,670
2015 $29,200 $15,000 $44,200 $4,553
2014 $29,200 $15,000 $44,200 $4,456
2013 $29,200 $15,000 $44,200 $4,285
2012 $29,200 $15,000 $44,200 $4,156
2011 $29,200 $15,000 $44,200 $4,066
2010 $29,200 $15,000 $44,200 $3,861

Property facts

Year built
1970
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,074 sqft
Lot size
484 sqft
ZIP code
08816
City
East Brunswick
Street
Lake Ave
Coordinates
40.46011, -74.40685

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,611
Gross rental yield
10.74%
Implied cap rate
6.98%
Trend-extrapolated value

Frequently asked questions

When did 3 Lake Ave last sell?
3 Lake Ave most recently sold on Feb 28, 2022 for $180,000.
What is the current tax assessment for 3 Lake Ave?
The most recent total assessment for 3 Lake Ave (year 2025) is $44,200 with $5,467 in property tax.
How does 3 Lake Ave's assessment compare to its last sale price?
The current assessment is 75.4% below the last sale price of $180,000.
When was 3 Lake Ave built?
3 Lake Ave was built in 1970.
How does 3 Lake Ave compare to others on Lake Ave?
We track 8 other properties on Lake Ave. Browse the list under "Other properties on Lake Ave" to compare beds, baths, and sale history.
What are the property facts for 3 Lake Ave?
3 Lake Ave is a 2 bed, 2 bath, 1,074 sqft, 484 sqft lot condos.
Is 3 Lake Ave a flip candidate?
No — 3 Lake Ave does not appear in our flips dataset.
Is 3 Lake Ave a tax-appeal candidate?
No — 3 Lake Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-4.1%
Implied 1-yr
-16.5%
2026 Q3
$509.2K
2026 Q4
$480.6K
ZIP 08816 — Median Price History + Forecast

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