5 Lake Ave
Island Heights, NJ 08732
3 bd 3 ba 1,960 sqft Built 2004 Lot 6,970 sqft single_family
Most recent sale
$450,000
Sep 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 6, 2023 | Sold | $450,000 | Public Record |
| Sep 23, 2022 | Sold | $450,000 | Public Record |
| Sep 15, 2022 | Sold | $450,000 | MoreMLS |
| Jul 26, 2022 | Price changed | $454,900 | MLS #22112186 |
| Apr 21, 2022 | Listed | $464,900 | MLS #22112186 |
| Feb 24, 1986 | Sold | $21,166 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $185,900 | $112,800 | $298,700 | $6,672 |
| 2024 | $185,900 | $112,800 | $298,700 | $6,359 |
| 2023 | $185,900 | $112,800 | $298,700 | $6,183 |
| 2022 | $185,900 | $112,800 | $298,700 | $6,051 |
| 2021 | $185,900 | $112,800 | $298,700 | $6,006 |
| 2020 | $185,900 | $112,800 | $298,700 | $5,991 |
| 2019 | $185,900 | $112,800 | $298,700 | $5,648 |
| 2018 | $129,000 | $166,200 | $295,200 | $5,626 |
| 2017 | $129,000 | $166,200 | $295,200 | $5,446 |
| 2016 | $129,000 | $166,200 | $295,200 | $5,484 |
| 2015 | $129,000 | $166,200 | $295,200 | $5,325 |
| 2014 | $129,000 | $166,200 | $295,200 | $5,239 |
| 2013 | $129,000 | $166,200 | $295,200 | $5,101 |
| 2012 | $129,000 | $166,200 | $295,200 | $5,071 |
| 2011 | $169,600 | $166,200 | $335,800 | $5,675 |
| 2010 | $169,600 | $166,200 | $335,800 | $5,487 |
| 2009 | $169,600 | $166,200 | $335,800 | $5,356 |
| 2007 | $169,600 | $166,200 | $335,800 | $4,916 |
Property facts
Year built
2004
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,960 sqft
Lot size
6,970 sqft
ZIP code
08732
City
Island Heights
Street
Lake Ave
Coordinates
39.94642, -74.15329
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
$2,940
Gross rental yield
7.84%
Implied cap rate
5.10%
Trend-extrapolated value
—
Frequently asked questions
When did 5 Lake Ave last sell?
5 Lake Ave most recently sold on Sep 23, 2022 for $450,000.
What is the current tax assessment for 5 Lake Ave?
The most recent total assessment for 5 Lake Ave (year 2025) is $298,700 with $6,672 in property tax.
How does 5 Lake Ave's assessment compare to its last sale price?
The current assessment is 33.6% below the last sale price of $450,000.
When was 5 Lake Ave built?
5 Lake Ave was built in 2004.
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 3 bed, 3 bath, 1,960 sqft, 6,970 sqft lot single_family.
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
-0.9%
Implied 1-yr
-3.6%
2026 Q3
$827.5K
2026 Q4
$819.6K
ZIP 08732 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake Ave