Secure an improvable lot in the desirable Metedeconk River section of Arlington Ave. This renovated 4-bedroom, 1-bath ranch offers immediate rental income potential of $2,400 to $3,000 per month while you plan your custom home. The value lies in the lot size and location, with the potential to build a home that complements the neighborhood.
Sold for $665,000
$665,000
118 Arlington Ave, Lakewood, NJ 08701
4beds
1,026sqft
Single Family Residence
Built in 1950
7,501 Square Feet Lot
$978,200 Zestimate®
$648/sqft
$2,684 Estimated rent
Home value
$978,200
$802,000 - $1.23M
$2,684/mo
Zestimate® history
Owner options
List your home for rent
$2,684/mo
Rent Zestimate®
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$2,684/mo
Rent Zestimate®
Refinance and save
$4,434/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$4,434/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
STEWART DANIELS,
RE/MAX PINNACLE 908-306-9600
Source: All Jersey MLS,MLS#: 2510710R
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
Dining room
- Features: Dining L
Kitchen
- Features: Eat-in Kitchen, Galley Type
Basement
- Area: 0
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Gas Range/Oven, Refrigerator, Washer, Gas Water Heater
Features
- 3 Bedrooms, Living Room, Bath Full, Dining Room, None
- Flooring: Vinyl-Linoleum
- Basement: Partially Finished, Full, Recreation Room, Storage Space, Laundry Facilities
- Has fireplace: No
Interior area
- Total structure area: 1,026
- Total interior livable area: 1,026 sqft
Property
Parking
- Parking features: 3 Cars Deep, Additional Parking
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 7,501 Square Feet
- Dimensions: 150.00 x 50.00
- Features: Level
Details
- Parcel number: 1500766000000003
- Zoning: R75
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Roof: Asphalt
Condition
- Year built: 1950
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Location
- Region: Lakewood
Financial & listing details
- Price per square foot: $648/sqft
- Tax assessed value: $269,500
- Annual tax amount: $6,371
- Date on market: 3/16/2025
- Ownership: Corporation,Fee Simple
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2025 | Sold | $665,000+11%$648/sqft |
Source:  All Jersey MLS #2510710R Report a problem | ||
| 3/31/2025 | Pending sale | $599,000$584/sqft |
Source:  MoreMLS #22507352 Report a problem | ||
| 3/30/2025 | Contingent | $599,000$584/sqft |
Source: All Jersey MLS #2510710R Report a problem | ||
| 3/20/2025 | Price change | $599,000-24.6%$584/sqft |
Source: MoreMLS #22507352 Report a problem | ||
| 3/16/2025 | Listed for sale | $794,900+98.8%$775/sqft |
Source: MoreMLS #22507352 Report a problem | ||
| 10/25/2021 | Listing removed | -- |
Source: MoreMLS #22131032 Report a problem | ||
| 9/19/2021 | Listed for sale | $399,900$390/sqft |
Source: MoreMLS #22131032 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $6,150 +0.2% | $269,500 |
| 2022 | $6,139 | $269,500 |
| 2021 | $6,139 +4.2% | $269,500 |
| 2020 | $5,891 +4.2% | $269,500 |
| 2019 | $5,654 +2.2% | $269,500 |
| 2018 | $5,530 +15.2% | $269,500 |
| 2017 | $4,799 +3.4% | $269,500 +64.5% |
| 2016 | $4,644 +5.4% | $163,800 |
| 2015 | $4,405 +8.9% | $163,800 |
| 2014 | $4,044 +8.8% | $163,800 |
| 2012 | $3,718 -1.6% | $163,800 |
| 2011 | $3,781 -8.4% | $163,800 |
| 2010 | $4,127 +6% | $163,800 -26.8% |
| 2009 | $3,892 +5.3% | $223,800 |
| 2008 | $3,695 +5.9% | $223,800 |
| 2007 | $3,489 +100.1% | $223,800 +338% |
| 2006 | $1,744 | $51,100 |
| 2004 | -- | $51,100 |
| 2003 | -- | $51,100 |
| 2002 | -- | $51,100 |
| 2001 | -- | $51,100 |
Find assessor info on the county website
Neighborhood: 08701
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Nearby schools
GreatSchools rating
- NASpruce St Elementary SchoolGrades: 1-2Distance: 1 mi
- 6/10Lakewood Middle SchoolGrades: 7-8Distance: 1.2 mi
- 3/10Lakewood High SchoolGrades: 9-12Distance: 1.4 mi
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- New Jersey
- Ocean County
- Lakewood
- 08701
- 118 Arlington Ave
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