940 Somerset Ave, Lakewood, NJ 08701 is a single family home that contains 2,073 sq ft and was built in 1986. It contains 3 bedrooms and 2 bathrooms. This home last sold for $1,365,000 in October 2024.
The Zestimate for this house is $1,498,200. The Rent Zestimate for this home is $3,262/mo.
Sold for $1,365,000
Street View
$1,365,000
940 Somerset Ave, Lakewood, NJ 08701
3beds
2baths
2,073sqft
SingleFamily
Built in 1986
0.4 Acres Lot
$1,498,200 Zestimate®
$658/sqft
$3,262 Estimated rent
Home value
$1,498,200
$1.36M - $1.65M
$3,262/mo
Zestimate® history
Owner options
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$3,262/mo
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$3,262/mo
Rent Zestimate®
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$9,108/mo
Est. payment
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$9,108/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Forced air
Cooling
- Central
Features
- Basement: Partially finished
Interior area
- Total interior livable area: 2,073 sqft
Property
Parking
- Total spaces: 2
Features
- Exterior features: Other
Lot
- Size: 0.4 Acres
Details
- Parcel number: 1500208000000164
Construction
Type & style
- Home type: SingleFamily
Materials
- Other
- Foundation: Concrete
- Roof: Asphalt
Condition
- Year built: 1986
Community & HOA
Location
- Region: Lakewood
Financial & listing details
- Price per square foot: $658/sqft
- Tax assessed value: $528,500
- Annual tax amount: $12,060
Price history
| Date | Event | Price |
|---|---|---|
| 10/10/2024 | Sold | $1,365,000-2.5%$658/sqft |
Source: Public Record Report a problem | ||
| 8/24/2023 | Listing removed | -- |
Source: | ||
| 6/23/2023 | Listed for sale | $1,400,000+91.8%$675/sqft |
Source: | ||
| 12/9/2021 | Sold | $730,000+82.5%$352/sqft |
Source: Public Record Report a problem | ||
| 7/20/2005 | Sold | $400,000$193/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $12,060 +0.2% | $528,500 |
| 2022 | $12,039 | $528,500 |
| 2021 | $12,039 +4.2% | $528,500 |
| 2020 | $11,553 +4.2% | $528,500 |
| 2019 | $11,088 +2.2% | $528,500 |
| 2018 | $10,845 +29.4% | $528,500 |
| 2017 | $8,383 +3.4% | $528,500 +84.7% |
| 2016 | $8,111 +5.4% | $286,100 |
| 2015 | $7,693 +8.9% | $286,100 |
| 2014 | $7,064 +7.4% | $286,100 |
| 2013 | $6,577 +1.3% | $286,100 |
| 2012 | $6,494 -1.6% | $286,100 |
| 2011 | $6,603 -10.5% | $286,100 |
| 2010 | $7,376 +6% | $286,100 -28.5% |
| 2009 | $6,956 +5.3% | $400,000 |
| 2008 | $6,604 +1% | $400,000 -4.6% |
| 2007 | $6,540 +37.7% | $419,500 +201.4% |
| 2006 | $4,750 | $139,200 |
| 2004 | -- | $139,200 |
| 2003 | -- | $139,200 |
| 2002 | -- | $139,200 |
| 2001 | -- | $139,200 |
Find assessor info on the county website
Neighborhood: 08701
Nearby homes
- $1,434,9007 bd6 ba3.4k sqft944 Somerset Ave, Lakewood, NJ 08701Off Market
- $1,500,0007 bd5 ba3.1k sqft936 Somerset Ave, Lakewood, NJ 08701Sold

- $1,149,6004 bd2 ba12k sqft944 E County Line Rd, Lakewood, NJ 08701Off Market
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- $1,666,4008 bd5 ba3.3k sqft10 Cabinfield Cir, Lakewood, NJ 08701Off Market
- $1,397,2007 bd4 ba4.1k sqft10 Noam Ln, Lakewood, NJ 08701Off Market
Nearby schools
GreatSchools rating
- 4/10Ella G Clarke Elementary SchoolGrades: 3-6Distance: 0.7 mi
- 6/10Lakewood Middle SchoolGrades: 7-8Distance: 0.5 mi
- 3/10Lakewood High SchoolGrades: 9-12Distance: 0.4 mi
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- New Jersey
- Ocean County
- Lakewood
- 08701
- 940 Somerset Ave