See Home Value
Ocean 08701
120 Massachusetts Avenue
$4,200,000
House - Off Market

120 Massachusetts Avenue

Lakewood, NJ 08701
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3530 Sqft
$6,640,716
RealtyHop Estimate
44.36%
Since Mar 1, 2020
National-US
Primary Model

About This Property

Beautiful, large, 5 bedroom colonial in a tranquil and private setting, set back far from road. Totally renovated older home. Heated in-ground pool with spacious cabana appx. 16'x16.5' with electric door and 2'' blue stone counters, stove, and sink. Huge family room appx. 18'x18.5'. Master suite with two walk-in closets; French doors lead to upper-deck. Appx. 2,000 sq. ft. full rear deck. Large, appx. 850 sq. ft. detached garage. Home sits on pristine 5.86 acres at an impressive elevation! Zoned RM. Value is in the land and location.
Unit Size
3,530Ft²
Days on Market
385 days
Land Size
5.86 acres
Price per sqft
$1,303
Property Type
House
Property Taxes
$3,337
HOA Dues
-
Year Built
1984
Last updated: 11 days ago (MOMLS #21904855)

Price History

Date / Event Date Event Price
Mar 9, 2020 No longer available -
No longer available
Mar 5, 2020 Sold $4,200,000
Sold
Sep 29, 2019 Price Decreased $4,600,000
↓ $100K (2.1%)
Price Decreased
Sep 26, 2019 Price Decreased $4,700,000
↓ $290K (5.8%)
Price Decreased
Jun 2, 2019 Price Increased $4,990,000
↑ $390K (8.5%)
Price Increased
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 1,837
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 255,262
  • Total Building Area: 3,530
  • Building Area: 3,530
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,530
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Land Acres: 5.86

Ownership

  • Current Owner : MC MIRA LLC
  • Previous Owner : PAYNE HOWARD E
  • Previous Owner 2: PAYNE JANET P
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: unknown
  • Vacant Flag Date: Feb 20, 2023

Neighborhood

  • School District Name: Lakewood Township School District
  • Census Tract: 715701

Zoning

  • Zoning: RM

Geography

  • Assessors Map Reference: TAX MAP 87
  • Account Number: 00099640
  • District: 15
  • Parcel: 15 00445-0000-00002
  • Block: 445
  • Lot: 2
  • Municipality: LAKEWOOD TWP
  • Latitude: 40.0715
  • Longitude: -74.2284

    Address

  • Full Address: 120 Massachusetts Ave
  • Address - House Number: 120
  • Address - Street Name: Massachusetts
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Lakewood
  • Carrier Code: C013
  • 4-Digit Zip Code: 5013
  • Zip Code: 08701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $43,561

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Feb 15, 2023
  • Confidence Score: 81
  • Final Value: 3,146,852
  • High Value: 3,629,050
  • Low Value: 2,664,653

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $8,565,000
  • First Open Lien Mortgage Lender: AMBOY BANK
  • First Open Lien Mortgage Recording Date: Jun 30, 2022
  • First Open Lien Mortgage Loan Amount: $8,565,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown

    Market Valuation

  • Market Total Value: $1,908,900
  • Market Land Value: $1,465,000
  • Market Improvement Value: $443,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,908,900
  • Assessed Land Value: $1,465,000
  • Assessed Improvements Value: $443,900

    Sales

  • Current Sale Contract Date: Feb 25, 2020
  • Current Sale Recording Date: Mar 05, 2020
  • Current Sale Transaction ID: 11759825380
  • Current Sale Price: $4,200,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2020024720

    Last Sale Mortgage

  • First Mortgage Lender: HOWARD E PAYNE ETAL
  • First Mortgage Transaction Date: Mar 05, 2020
  • First Mortgage Loan Amount: $1,750,000
  • First Mortgage Terms: 24
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Feb 25, 2022



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ocean


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Frequently Asked Questions

When was property at 120 Massachusetts Avenue built and last sold?
The property at 120 Massachusetts Avenue was built in 1984 and last sold on Feb 25, 2020 for $4,200,000.
How much is this home worth?
The estimated value of the home located at 120 Massachusetts Avenue is $4,646,000.
What are some comparable homes to 120 Massachusetts Avenue?
There are currently no comparable homes to 120 Massachusetts Avenue.

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