$10,000 Closing Credit¹
#22502004, Eric Elkaim, Listing Office: Blue Key Realty, LLC
$10,000
closing credit¹
121 Madison Ave Lakewood, NJ 08701
$1,000,000 List price
$10,000
Closing credit¹
4,118 sqft
0.1 acres
$243 / sqft
Multi-Family
Property details
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!
Highlights
Home typeMulti Family
HeatingBaseboard
StatusSale Pending
(Pending)
(Pending)
CoolingMulti Unit(s)
Size4,118 sqft
BasementYes
Lot size0.14 Acres
Year built1940
ParkingOff Street
MLS #22503669
Summary
- MLS Number: 22503669
- MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
- Office Name: RE/MAX On The Move Realty
- Listing Agent: Yisroel S Taub
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 © 2025 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: 2/13/2025, 11:50:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,000,000
121 Madison Ave
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 14, 2010 | Home Sold | $315,000 |
| Jul 17, 2006 | Home Sold | $580,000 |
| Jun 16, 2006 | Home Sold | $225,000 |
| Sep 27, 2002 | Home Sold | $295,000 |
| Nov 17, 1999 | Home Sold | $60,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $560,800 | $13,257 |
| 2022 | $560,800 | $12,797 |
| 2021 | $560,800 | $12,775 |
| 2020 | $560,800 | $12,741 |
| 2019 | $560,800 | $11,765 |
History based on county public records data.
Nearby schools
6
Clifton Ave Grade School
Public District 1-5
0.4 mi
•625 Clifton Ave
6
Ella G Clarke Elementary School
Public District 1-5
0.9 mi
•455 Manetta Ave
5
Oak Street Elementary School
Public District KG-5
1.6 mi
•75 Oak St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $29,516. Residents of Lakewood, NJ typically earn less than $<35k each year. The majority of families are married, with kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
71%
<35k
21%
35k-100k
7%
100k-200k
1%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
28%
Single, No Kids
24%
Single, with Kids
9%
Married, No Kids
39%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
31%
<11 yrs old
6%
12-17 yrs old
42%
18-34 yrs old
19%
35-64 yrs old
2%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Yoga/pilates
Pro Wrestling
Where do the neighbors shop?
Burlington
H&M
Banana Republic
Where do the neighbors go to eat?
Popeyes
Dominos Pizza
Cicis Pizza
What do the neighbors drive?
Dodge
Audi
Pontiac
What do the neighbors listen to?
Urban Contemporary
Alternative- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
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. Features: 0 bathroom. It has been listed on Rocket Homes since February 10, 2025 and is currently priced at $1,000,000.
Lakewood, NJ housing market in January 2025 saw over 6 listings sold above listed price, more than 6 sold at listed price and over 26 sold below. The number of homes for sale in Lakewood, NJ decreased by 6.8% between December and January 2025. In January 2025, listings were on the market for 43 days. During the same period, the median list price in this real estate market was $366,250.
From Rocket Homes Real Estate and based on county public records data.