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For sale
  • Price cut: $100K (5/13)
    $650,000

    240 River Avenue, Lakewood, NJ 08701

    4beds
    1,706sqft
    : 
    $4,228/mo
    Get pre-qualified
    Single Family Residence
    Built in 1920
    7,405 Square Feet Lot
    $-- Zestimate®
    $381/sqft
    $-- HOA

    What's special

    Prime mixed-use opportunity in a sought-after Lakewood location! This 50 × 150 lot offers exceptional flexibility with zoning for both residential and commercial use—ideal for investors, builders, or business owners looking to capitalize on a high-demand area with strong growth potential. Endless possibilities await in this versatile property.
    164 days
    |
    256
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Avia Elharar 732-551-4846,

    RE/MAX On the Move Realty

    Source: MoreMLS,MLS#: 22604218MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • Electric
      Cooling
      • None
      Features
      • Basement: Partially Finished
      Interior area
      • Total structure area: 1,706
      • Total interior livable area: 1,706 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage
      • Garage spaces: 2
      Features
      • Stories: 1
      Lot
      • Size: 7,405 Square Feet
      • Dimensions: 50 x 150
      Details
      • Parcel number: 1500414000000007

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • Year built: 1920

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Subdivision: Lakewood
      HOA
      • Has HOA: No
      Location
      • Region: Lakewood

      Financial & listing details

      • Price per square foot: $381/sqft
      • Tax assessed value: $327,200
      • Annual tax amount: $8,465
      • Date on market: 2/17/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,346/mo

        Price history

        DateEventPrice
        5/13/2026Price change$650,000-13.3%$381/sqft
        Source: MoreMLS #22604218 Report a problem
        3/11/2026Price change$750,000-6.1%$440/sqft
        Source: MoreMLS #22604218 Report a problem
        2/17/2026Listed for sale$799,000+17.7%$468/sqft
        Source: MoreMLS #22604218 Report a problem
        5/16/2025Listing removed$679,000$398/sqft
        Source: MoreMLS #22512418 Report a problem
        4/30/2025Listed for sale$679,000-32.1%$398/sqft
        Source: MoreMLS #22512418 Report a problem
        11/4/2024Listing removed$1,000,000$586/sqft
        Source: MoreMLS #22412320 Report a problem
        9/6/2024Price change$1,000,000-9.1%$586/sqft
        Source: MoreMLS #22412320 Report a problem
        5/3/2024Listed for sale$1,100,000+1471.4%$645/sqft
        Source: MoreMLS #22412320 Report a problem
        11/18/1999Sold$70,000$41/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2023$7,467 +0.2%$327,200
        2022$7,454 $327,200
        2021$7,454 +4.2%$327,200
        2020$7,153 +4.2%$327,200
        2019$6,865 +2.2%$327,200
        2018$6,714 +0.1%$327,200
        2017$6,707 +3.4%$327,200 +42.9%
        2016$6,489 +5.4%$228,900
        2015$6,155 +8.9%$228,900
        2014$5,652 +7.4%$228,900
        2013$5,262 +1.3%$228,900
        2012$5,196 -1.6%$228,900
        2011$5,283 +8.2%$228,900
        2010$4,885 +6%$228,900 -13.6%
        2009$4,607 +5.3%$264,900
        2008$4,374 +5.9%$264,900
        2007$4,130 +45.5%$264,900 +218.4%
        2006$2,839 $83,200
        2004-- $83,200
        2003-- $83,200
        2002-- $83,200
        2001-- $83,200
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 08701

        Getting around

        43 / 100
        Car-Dependent
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Middle: Lakewood

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

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