118 Lake Shore Dr
Red Bank, NJ 07701
3 bd 2 ba 1,578 sqft Built 1952 Lot 21,780 sqft single_family
Most recent sale
$495,000
May 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 23, 2022 | Sold | $495,000 | MLS #22205278 |
| Mar 9, 2022 | Price changed | $519,000 | MLS #22205279 |
| Feb 26, 2022 | Listed | $559,000 | MLS #22205279 |
| Jul 1, 1983 | Sold | $85,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $141,400 | $489,600 | $631,000 | $10,184 |
| 2024 | $141,400 | $489,600 | $631,000 | $9,819 |
| 2023 | $139,900 | $417,000 | $556,900 | $9,678 |
| 2022 | $133,200 | $334,700 | $467,900 | $8,810 |
| 2021 | $118,400 | $268,600 | $387,000 | $8,050 |
| 2020 | $115,800 | $243,300 | $359,100 | $7,678 |
| 2019 | $126,600 | $243,300 | $369,900 | $7,812 |
| 2018 | $129,800 | $243,300 | $373,100 | $8,085 |
| 2017 | $125,800 | $228,800 | $354,600 | $7,762 |
| 2016 | $122,700 | $228,800 | $351,500 | $7,490 |
| 2015 | $128,600 | $228,800 | $357,400 | $7,634 |
| 2014 | $117,500 | $210,800 | $328,300 | $6,936 |
| 2013 | $117,500 | $210,800 | $328,300 | $6,776 |
| 2012 | $117,500 | $210,800 | $328,300 | $6,914 |
| 2011 | $117,500 | $210,800 | $328,300 | $6,845 |
| 2010 | $127,800 | $228,800 | $356,600 | $6,633 |
| 2009 | $127,800 | $228,800 | $356,600 | $6,137 |
| 2008 | $99,900 | $74,900 | $174,800 | $6,401 |
| 2007 | $99,900 | $74,900 | $174,800 | $6,401 |
Property facts
Year built
1952
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,578 sqft
Lot size
21,780 sqft
ZIP code
07701
City
Red Bank
Street
Lake Shore Dr
Coordinates
40.35835, -74.08238
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
$2,367
Gross rental yield
5.74%
Implied cap rate
3.73%
Trend-extrapolated value
—
Frequently asked questions
When did 118 Lake Shore Dr last sell?
118 Lake Shore Dr most recently sold on May 23, 2022 for $495,000.
What is the current tax assessment for 118 Lake Shore Dr?
The most recent total assessment for 118 Lake Shore Dr (year 2025) is $631,000 with $10,184 in property tax.
How does 118 Lake Shore Dr's assessment compare to its last sale price?
The current assessment is 27.5% above the last sale price of $495,000.
When was 118 Lake Shore Dr built?
118 Lake Shore Dr was built in 1952.
How does 118 Lake Shore Dr compare to others on Lake Shore Dr?
We track 8 other properties on Lake Shore Dr. Browse the list under "Other properties on Lake Shore Dr" to compare beds, baths, and sale history.
What are the property facts for 118 Lake Shore Dr?
118 Lake Shore Dr is a 3 bed, 2 bath, 1,578 sqft, 21,780 sqft lot single_family.
Is 118 Lake Shore Dr a flip candidate?
No — 118 Lake Shore Dr does not appear in our flips dataset.
Is 118 Lake Shore Dr a tax-appeal candidate?
Yes — 118 Lake Shore Dr appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.7%
Implied 1-yr
+2.9%
2026 Q3
$955.3K
2026 Q4
$962K
ZIP 07701 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake Shore Dr