$410,000

397 Lake Ave Colonia, NJ 07067

$4,869
Closing credit¹
3 beds
1 full
1,095 sqft
0.2 acres
$374 / sqft
House

Property details

About 397 Lake Ave

A Great Opportunity to own in a highly desirable neighborhood. This Gem of a property has 3 nice size bedrooms with 1 bathroom. Bedrooms have good closet space complete with hardwood floors. Nice size eat in kitchen. Home has a full basement with high ceilings and access to the backyard. Beautiful backyard with good space. Strategically located, offering easy access to the Garden State Parkway, Route 1, and other major thoroughfares. Excellent location for those who commute into NYC. Very close to schools, parks, houses of worship, shopping and eateries. Home is in need of a little TLC. Buyer will be responsible for the cost & responsibility of obtaining any necessary city certs needed for financing or closing. Home And All Appliances Are Being Sold completely As Is.

Highlights

Home typeSingle Family Residence
HeatingBaseboard, Radiant, Forced Air
StatusActive
CoolingWall Unit(s), Window Unit(s)
Size1,095 sqft
Lot size0.1589 Acres
Year built1965
Parking1 Car Width, Garage, Attached, Built-In Garage, Driveway, Paved
MLS #2515629R
Attached garage1 space

Summary

  • Full Bathrooms: 1
  • Appliances: Dishwasher, Refrigerator, Range, Oven, Gas Water Heater
  • Flooring Type: Carpet, Ceramic Tile, Vinyl-Linoleum, Wood
  • Interior: 3 Bedrooms, Kitchen, Living Room, Bath Full, None
  • Total Bedroom Count: 3
  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: 1 Car Width, Garage, Attached, Built-In Garage, Driveway, Paved
  • Exterior: Deck
  • Architectural Style: Fixer Upper, Ranch
  • Heating: Baseboard, Radiant, Forced Air
  • Cooling: Wall Unit(s), Window Unit(s)
  • List Price: $410,000
  • Price/SqFt: $374
  • HOA Amount: $0
  • Annual Tax Amount: $9,719
  • Tax Year: 2024
  • Year Built: 1965
  • Stories: 1
  • Living Area: 1,095 SqFt
  • Lot Size: 0.1589 Acres
  • MLS Number: 2515629R
  • MLS Name: CJMLS API
  • Office Name: JEANIUS REALTY LLC

IDX The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2025, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/19/2025, 8:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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397 Lake Ave, Colonia, NJ 07067 - view of front of home featuring an attached garage, a front lawn, driveway, and stairs

$410,000

397 Lake Ave

$4,869

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$82,100$9,719
2022$82,100$9,477
2021$82,100$8,831
2020$82,100$8,900
2019$82,100$8,731

History based on county public records data.

Nearby schools

6

Pennsylvania Avenue Elementary School

Public District KG-5

0.4 mi

Pennsylvania Avenue

6

Frank K. Hehnly Elementary School

Public District KG-5

0.7 mi

590 Raritan Rd

7

Oak Ridge Heights Elementary School

Public District KG-5

0.8 mi

720 Inman Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $88,763. Most Colonia, NJ residents have annual incomes between $35k-100k. The majority of families are married, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

18%
<35k
38%
35k-100k
37%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

29%
Single, No Kids
8%
Single, with Kids
33%
Married, No Kids
30%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
9%
12-17 yrs old
16%
18-34 yrs old
43%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • Symphony or OperaSymphony or Opera
  • Hiking/backpackingHiking/backpacking
  • SoccerSoccer

Where do the neighbors shop?

  • Chico'sChico's
  • Nordstrom RackNordstrom Rack
  • The Container StoreThe Container Store

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • ChipotleChipotle
  • StarbucksStarbucks

What do the neighbors drive?

  • VolvoVolvo
  • MazdaMazda
  • BMWBMW

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • RockRock
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 397 Lake Ave

The listing price of 397 Lake Ave property is $410,000.

The property 397 Lake Ave is a house located in Colonia, New Jersey, 07067.

Active Listing: 397 Lake Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 397 Lake Ave are: Pennsylvania Avenue Elementary School (GreatSchools Rating 6/10), Frank K. Hehnly Elementary School (GreatSchools Rating 6/10), Oak Ridge Heights Elementary School (GreatSchools Rating 7/10), Colonia Middle School (GreatSchools Rating 4/10), Carl H. Kumpf Middle School (GreatSchools Rating 7/10), Rahway 7th and 8th Grade Academy (GreatSchools Rating 2/10), Colonia High School (GreatSchools Rating 4/10), Arthur L. Johnson High School (GreatSchools Rating 5/10), Rahway High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $9,719 (source: MLS/based on county public records data).

The property at 397 Lake Ave has 3 bedrooms and 1 bathroom.

The property 397 Lake Ave is 1,095 SqFt (source: MLS/tax record).

The year of construction for 397 Lake Ave is 1965.

This home is located at 397 Lake Ave in Colonia, NJ and zip code 07067. This 1,095 square foot home, which was built in 1965, sits on a 0.16 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 19, 2025 and is currently priced at $410,000.

In May 2025, from all listings sold in Colonia, NJ there were more than 9 sold above asking price, over 2 sold below and more than 1 were sold right at the asked price. In May 2025 in Colonia, NJ there were 13.8% more homes for sale than in April. The median list price of listings available in May 2025 was $595,000, while the average time on the real estate market was 45 days.

From Rocket Homes Real Estate and based on county public records data.

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