12 days on rocket

121 Madison Ave, Lakewood, NJ, 08701

$1,000,000

Home List Price

$10,000*

Closing Credit

0 Baths
4,118 SqFt
$243/SqFt
Multi

Location

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121 Madison Ave, Lakewood$1,000,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Street
Year Built1940
HeatingBaseboard
CoolingMulti Unit(s)
BasementYes
MLS #22429302
Lot Size0.14 Acres
StatusActive

About 121 Madison Ave

**CALLING ALL INVESTORS** Heart of Downtown Lakewood! 6 Unit Multifamily, Fully Occupied! Great tenants! Mix of 3, 2 & 1 bedrooms units on 3 floors. Utility basement. Separate Hot-water Baseboard heat for each unit, separate Gas & Electric meters. Seller pays for water & minimal electric for common area. CASH COW!

Property Details

Property Features

Property Information:

  • Year Built: 1940
  • Living Area: 4,118 SqFt

Listing Office:

  • Office Name: RE/MAX On The Move Realty
  • Listing Agent: Yisroel S Taub

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Center Hall

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Multi Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,000,000
  • Price Per SqFt: $243/SqFt

Tax Information:

  • Annual Amount: $12,741
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lakewood, NJ.

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Lakewood, NJ

City

Med. Sold Price

$361.6K

Med. Price/SqFt

$232

Avg. Days On Market

39

# of Sold Homes

47

121 Madison Ave vs Lakewood

12 DAYS ON ROCKET

-27 Days

$1,000,000

+$638.3K More

$243/SqFt

+$11 More

KEY TAKEAWAY

This property is $638.3K more than the Median Sold Price and $11/SqFt more than other homes in Lakewood, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
  • MLS Number: #22429302

Listing Office:

  • Office Name: RE/MAX On The Move Realty
  • Listing Agent: Yisroel S Taub

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:51:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 17, 2006Home Sold
$580,000
Sep 27, 2002Home Sold
$295,000
Nov 17, 1999Home Sold
$60,000

Tax History

YEARPROP. TAXASSESSMENT
2020$12,741$560,800
2019$11,765$560,800
2018$11,508$560,800
2017$11,508$560,800

History based on county public records data.

Payment Calculator

$5,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,065

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4349167
6
/10

  • Clifton Ave Grade School

  • 625 Clifton Ave

  • 0.35 miles

  • Public District Grades 1-5

school-card-donut-4349168
6
/10

  • Ella G Clarke Elementary School

  • 455 Manetta Ave

  • 0.94 miles

  • Public District Grades 1-5

school-card-donut-4349169
5
/10

  • Oak Street Elementary School

  • 75 Oak St

  • 1.65 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,516. The majority of Lakewood, NJ residents have income less than $35k annually. The most common type of family is married, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Ocean County›Lakewood›08701›121 Madison Ave

This home is located at 121 Madison Ave in Lakewood, NJ and zip code 08701. This 4,118 square foot home, which was built in 1940, sits on a 0.14 acre lot. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $1,000,000.

Over 11 listings were sold over their listed price in November 2024 in Lakewood, NJ. In the same period over 24 listings were sold below the listed price and 12 listings were sold for the listed price. Between October 2024 and November 2024, Lakewood, NJ real estate market has seen decrease in the number of listings by 5.9%. While the average time on the market in November 2024 was 39 days, the median list price was $361,607.

From Rocket Homes Real Estate and based on county public records data.

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