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For sale
    • $295,000

    116 Lakewood Ave, Magnolia, NJ 08049

    3beds
    1,204sqft
    : 
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    Single Family Residence
    Built in 1954
    -- sqft lot
    $270,200 Zestimate®
    $245/sqft
    $-- HOA

    What's special

    Beautiful blooming magnolia treesOversized corner lotTree-lined streets
    Welcome to this charming 3-bedroom ranch home situated on an oversized corner lot in the historic Borough of Magnolia, affectionately known as the "One Square Mile of Friendliness." This close-knit community is celebrated for its small-town charm, tree-lined streets, and beautiful blooming Magnolia trees. Brimming with potential, this property is a true diamond in the rough, offering the perfect opportunity to renovate, personalize, or even expand to suit your vision. Whether you're a first-time buyer, investor, or someone looking to create your forever home, this property provides the ideal canvas to make your dreams a reality.
    18 hours
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    45
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    3
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    Zillow last checked:

    Listing updated:

    Listed by:

    Deb Mara 917-747-5055,

    RE/MAX Homeland Realtors

    Source: Bright MLS,MLS#: NJCD2121482MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 3
      Basement
      • Area: 0
      Heating
      • Forced Air, Wood Stove, Natural Gas
      Cooling
      • None
      Appliances
      • Included: Gas Water Heater
      Features
      • Attic
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 1,204
      • Total interior livable area: 1,204 sqft
      • Finished area above ground: 1,204
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Driveway, On Street
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One and One Half
      • Stories: 1.5
      • Pool features: None
      Lot
      • Dimensions: 100.00 x 0.00
      • Features: Corner Lot/Unit
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 2300004 0500023
      • Zoning: RESIDENTIAL
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch/Rambler
      • Property subtype: Single Family Residence
      Materials
      • Block, Other
      • Foundation: Block
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1954

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: None Available
      HOA
      • Has HOA: No
      Location
      • Region: Magnolia
      • Municipality: MAGNOLIA BORO

      Financial & listing details

      • Price per square foot: $245/sqft
      • Tax assessed value: $131,800
      • Annual tax amount: $6,546
      • Date on market: 7/10/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,Other,FHA,VA Loan
      • Ownership: Fee Simple

        Estimated market value

        $270,200

        $243,000 - $297,000

        $2,312/mo

        Price history

        DateEventPrice
        7/10/2026Listed for sale$295,000+168.2%$245/sqft
        Source: Bright MLS #NJCD2121482 Report a problem
        6/28/2023Listing removed--
        Source: Zillow Rentals Report a problem
        6/21/2023Price change$1,995-4.8%$2/sqft
        Source: Zillow Rentals Report a problem
        6/2/2023Price change$2,095-4.6%$2/sqft
        Source: Zillow Rentals Report a problem
        5/18/2023Price change$2,195-2.2%$2/sqft
        Source: Zillow Rentals Report a problem
        5/4/2023Price change$2,245-6.3%$2/sqft
        Source: Zillow Rentals Report a problem
        4/21/2023Listed for rent$2,395+19.8%$2/sqft
        Source: Zillow Rentals Report a problem
        3/9/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        3/2/2022Listed for rent$1,999$2/sqft
        Source: Zillow Rental Manager Report a problem
        1/3/2022Sold$110,000-18.5%$91/sqft
        Source: Bright MLS #NJCD2004012 Report a problem
        12/30/2021Pending sale$135,000$112/sqft
        Source: Bright MLS #NJCD2004012 Report a problem
        10/14/2021Price change$135,000-10%$112/sqft
        Source: Bright MLS #NJCD2004012 Report a problem
        7/31/2021Listed for sale$150,000$125/sqft
        Source: Bright MLS #NJCD2004012 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,547 +3.5%$131,800
        2024$6,328 +2.5%$131,800
        2023$6,174 +2.7%$131,800
        2022$6,013 +2.9%$131,800
        2021$5,841 +1.9%$131,800
        2020$5,731 +16.1%$131,800
        2019$4,936 $131,800
        2018$4,936 -6.8%$131,800
        2017$5,298 +3.6%$131,800
        2016$5,115 +1.4%$131,800
        2015$5,043 +2.7%$131,800
        2014$4,910 +2%$131,800
        2013$4,815 +5.1%$131,800
        2012$4,582 +1.8%$131,800 +67.5%
        2011$4,499 +1.3%$78,700
        2010$4,440 +2.6%$78,700
        2009$4,329 $78,700
        2008-- $78,700
        2007-- $78,700
        2006-- $78,700
        2005-- $78,700
        2004-- $78,700
        2003-- $78,700
        2002-- $78,700
        2001-- $78,700
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 08049

        Getting around

        65 / 100
        Somewhat Walkable
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Magnolia E.s.
        • Middle: Magnolia
        • High: Sterling H.s.
        • District: Magnolia Borough Public Schools

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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