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538 Lakewood Ave

Ocean Gate, NJ 08740

7 bd 2 ba 1,800 sqft Built 1950 Lot 4,792 sqft single_family
Most recent sale
$275,000
Nov 19, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 16, 2023 Sold $465,000 Public Record
Sep 27, 2023 Sold $465,000 MoreMLS
Jun 24, 2023 Listed $465,000 BrightMLS
Jan 27, 2023 Price changed $465,000 BrightMLS
Nov 22, 2022 Listed $485,000 MoreMLS
Mar 9, 2022 Sold $270,000 Public Record
Feb 25, 2022 Sold $270,000 MoreMLS
Jan 17, 2022 Listed $250,000 MLS #NJOC2006454
Jan 14, 2022 Listed $250,000 MLS #22201085
Nov 19, 2021 Sold $275,000 MLS #NJOC2000374
Jul 9, 2021 Price changed $290,000 MLS #NJOC2000374
Jun 25, 2021 Listed $310,000 MLS #22120563
Jun 24, 2021 Listed $310,000 MLS #NJOC2000374
Apr 1, 1985 Sold $60,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $313,400 $157,900 $471,300 $8,582
2024 $313,400 $157,900 $471,300 $7,748
2023 $138,200 $63,900 $202,100 $6,101
2022 $138,200 $63,900 $202,100 $5,620
2021 $138,200 $63,900 $202,100 $5,379
2020 $138,200 $63,900 $202,100 $5,422
2019 $138,200 $63,900 $202,100 $5,290
2018 $138,200 $63,900 $202,100 $5,107
2017 $138,200 $63,900 $202,100 $5,068
2016 $138,200 $63,900 $202,100 $5,028
2015 $132,100 $105,300 $237,400 $4,838
2014 $132,100 $105,300 $237,400 $4,859
2013 $132,100 $105,300 $237,400 $4,795
2012 $132,100 $105,300 $237,400 $4,664
2010 $132,100 $105,300 $237,400 $4,617
2009 $132,100 $105,300 $237,400 $4,482
2007 $132,100 $105,300 $237,400 $4,472

Property facts

Year built
1950
Property type
single_family
Stories
2
Beds
7
Baths
2
Living area
1,800 sqft
Lot size
4,792 sqft
ZIP code
08740
City
Ocean Gate
Street
Lakewood Ave
Coordinates
39.92641, -74.12756

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,700
Gross rental yield
11.78%
Implied cap rate
7.66%
Trend-extrapolated value

Frequently asked questions

When did 538 Lakewood Ave last sell?
538 Lakewood Ave most recently sold on Nov 19, 2021 for $275,000.
What is the current tax assessment for 538 Lakewood Ave?
The most recent total assessment for 538 Lakewood Ave (year 2025) is $471,300 with $8,582 in property tax.
How does 538 Lakewood Ave's assessment compare to its last sale price?
The current assessment is 71.4% above the last sale price of $275,000.
When was 538 Lakewood Ave built?
538 Lakewood Ave was built in 1950.
How does 538 Lakewood Ave compare to others on Lakewood Ave?
We track 8 other properties on Lakewood Ave. Browse the list under "Other properties on Lakewood Ave" to compare beds, baths, and sale history.
What are the property facts for 538 Lakewood Ave?
538 Lakewood Ave is a 7 bed, 2 bath, 1,800 sqft, 4,792 sqft lot single_family.
Is 538 Lakewood Ave a flip candidate?
Yes — 538 Lakewood Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 538 Lakewood Ave a tax-appeal candidate?
No — 538 Lakewood 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
+4.2%
Implied 1-yr
+16.6%
2026 Q1
$532.5K
2026 Q2
$532.5K
ZIP 08740 — Median Price History + Forecast

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