$415,000
PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

1961 W Lake Ave Neptune, NJ 07753

Estimated payment $2,748/month

Total Views 1,022
2 Beds
1.5 Baths
1,232 Sq Ft
$337 Price per Sq Ft

Highlights

  • 0.17 Acre Lot
  • No HOA
  • Thermal Windows
  • Wood Flooring
  • 2 Car Detached Garage
  • Oversized Parking

About This Home

Endless potential near the shore. Discover this charming 2-bedroom, 1.5-bath single-family home just minutes from the vibrant beaches of Asbury Park and Ocean Grove. While it needs some updating and TLC, the possibilities are endless for those with vision, even add a 2nd story. Highlights include a spacious detached commercial-sized 2-car garage — perfect for a workshop, storage, or business equipment like landscaping tools. Prime location near the Jersey Shore's best dining, entertainment, and boardwalks. Flexible layout ideal for customization and personal touches. Whether you're a contractor, hobbyist, or beach lover looking to invest in a coastal property, this home offers a rare opportunity to create something special. Grab your slice of the Jersey Shore and make it your own!

Listing Agent

Cynthia Suarez

Genora & Co.Realty, LLC License #1007006 Listed on: 11/06/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,726

Year Built

  • Built in 1986

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60 x 125

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Parking Available
  • Workshop in Garage
  • Driveway

Home Design

  • Shingle Roof

Interior Spaces

  • 1,232 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Crawl Space

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Patio

Schools

  • Neptune Middle School

Utilities

  • Central Air
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Owner's personal possessions
  • Assessor Parcel Number 35-00907-0000-00023

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,726

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Detached, Ranch
  • Reso Flooring: Carpet, Wood
  • New Construction: No
  • Year Built: 1986
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.17
  • General Property Info Lot Dimensions: 60 x 125
  • Location Middle School: Neptune
  • Cooling Central Air: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Exterior Thermal Window: Yes
  • Parking Concrete: Yes
  • Style Ranch: Yes
  • Garage Oversized: Yes
  • Garage Workshop Workbench2: Yes
  • Floors:Carpet2: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Waterfront: No
  • Exclusions: Owner's personal possessions
  • Exterior Features: Thermal Window
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Driveway, Oversized, Workshop in Garage
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 60 x 125
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 35-00907-0000-00023
  • Zoning Description: Residential, Single Family

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6726.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,726 $437,200 $211,600 $225,600
2024 $5,794 $384,100 $176,600 $207,500
2023 $5,794 $320,800 $134,100 $186,700
2022 $4,697 $280,400 $89,600 $190,800
2021 $4,406 $222,300 $75,600 $146,700
2020 $4,405 $208,000 $69,000 $139,000
2019 $4,406 $205,400 $75,000 $130,400
2018 $4,435 $204,400 $75,000 $129,400
2017 $4,468 $197,800 $78,000 $119,800
2016 $4,437 $195,900 $78,000 $117,900
2015 $3,928 $176,400 $61,400 $115,000
2014 $4,516 $166,700 $49,800 $116,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2025 11/06/25 For Sale $415,000 -- $337 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- All Pro Title Group Llc
Deed $95,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $375,000 Reverse Mortgage Home Equity Conversion Mortgage
Closed $56,000 No Value Available
Source: Public Records

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22533592

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00907-0000-00023