5 Lake Ave
East Brunswick, NJ 08816
2 bd 1 ba 953 sqft Built 1970 Lot 584 sqft condos
Most recent sale
$185,000
Aug 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 26, 2022 | Sold | $185,000 | MLS #2300068R |
| Jul 3, 2022 | Listed | $185,000 | MLS #2300068R |
| Sep 24, 2019 | Relisted | $159,000 | MLS #21923909 |
| Jun 8, 2019 | Listed | $159,000 | MLS #21923909 |
| Jun 7, 2019 | Listed | $159,000 | MLS #21923788 |
| Jan 14, 2011 | Sold | $158,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $21,800 | $15,000 | $36,800 | $4,552 |
| 2024 | $21,800 | $15,000 | $36,800 | $4,417 |
| 2023 | $21,800 | $15,000 | $36,800 | $4,297 |
| 2022 | $21,800 | $15,000 | $36,800 | $4,281 |
| 2021 | $21,800 | $15,000 | $36,800 | $4,160 |
| 2020 | $21,800 | $15,000 | $36,800 | $4,154 |
| 2019 | $21,800 | $15,000 | $36,800 | $4,111 |
| 2018 | $21,800 | $15,000 | $36,800 | $4,037 |
| 2017 | $21,800 | $15,000 | $36,800 | $3,971 |
| 2016 | $21,800 | $15,000 | $36,800 | $3,889 |
| 2015 | $21,800 | $15,000 | $36,800 | $3,791 |
| 2014 | $21,800 | $15,000 | $36,800 | $3,710 |
| 2013 | $21,800 | $15,000 | $36,800 | $3,568 |
| 2012 | $21,800 | $15,000 | $36,800 | $3,461 |
| 2011 | $21,800 | $15,000 | $36,800 | $3,386 |
| 2010 | $21,800 | $15,000 | $36,800 | $3,215 |
Property facts
Year built
1970
Property type
condos
Stories
1
Beds
2
Baths
1
Living area
953 sqft
Lot size
584 sqft
ZIP code
08816
City
East Brunswick
Street
Lake Ave
Coordinates
40.45973, -74.40744
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,430
Gross rental yield
9.28%
Implied cap rate
6.03%
Trend-extrapolated value
—
Frequently asked questions
When did 5 Lake Ave last sell?
5 Lake Ave most recently sold on Aug 26, 2022 for $185,000.
What is the current tax assessment for 5 Lake Ave?
The most recent total assessment for 5 Lake Ave (year 2025) is $36,800 with $4,552 in property tax.
How does 5 Lake Ave's assessment compare to its last sale price?
The current assessment is 80.1% below the last sale price of $185,000.
When was 5 Lake Ave built?
5 Lake Ave was built in 1970.
How does 5 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 5 Lake Ave?
5 Lake Ave is a 2 bed, 1 bath, 953 sqft, 584 sqft lot condos.
Is 5 Lake Ave a flip candidate?
No — 5 Lake Ave does not appear in our flips dataset.
Is 5 Lake Ave a tax-appeal candidate?
No — 5 Lake Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-4.1%
Implied 1-yr
-16.5%
2026 Q3
$509.2K
2026 Q4
$480.6K
ZIP 08816 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake Ave