$1,573,000 - $1,802,000
RENTED AUG 22, 2025

406 Lake Dr Unit Rear 3 BR Allenhurst, NJ 07711

3 Beds
2 Baths
1,634 Sq Ft
$1,017 Price per Sq Ft

Highlights

  • Lake Front
  • 3-minute walk to Allenhurst
  • End Unit
  • Custom Home
  • Wood Flooring
  • 4-minute walk to Terrence J. Bolan Park

About This Home

As of August 2025

Summer Rental!!! Enjoy your summer by the beautiful Deal Lake. This home was recently modernly renovated and includes three bedrooms, two full bathrooms.
Located on a quaint block with Lake front views
and dock access & less than a mile to Allenhurst Beach Club! Close to houses of worship, beaches, fine dining, best cafes, train station and more.

Last Agent to Rent the Property

Esther Silvera

Silvera Realty Co. License #1643477 Listed on: 11/03/2024

Last Renter's Agent

Esther Silvera

Silvera Realty Co. License #1643477 Listed on: 11/03/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,564

Year Built

  • Built in 1910

Lot Details

  • 9,148 Sq Ft Lot
  • Lake Front
  • End Unit

Home Design

  • Triplex
  • Custom Home
  • Cape Cod Architecture

Interior Spaces

  • 1,634 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Water Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • On-Street Parking
  • Open Parking

Outdoor Features

  • Porch

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • Dogs Allowed

Listing and Financial Details

  • Property Available on 9/2/24
  • Assessor Parcel Number 02-00031-0000-00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,564

Year Built

Built in 1910

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Available Date: 2024-09-02

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Three Family
  • Reso View: Waterview
  • Inclusions: Washer, Stove, Microwave, Refrigerator, Dishwasher, Dryer, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Custom, Cape Cod
  • Year Built: 1910
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Kitchen Center Island: Yes
  • General Property Info Acreage: 0.21
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Porch - Open: Yes
  • Garage None4: Yes
  • Number Appliances Included A C Units: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Kitchen Ceramic Tile3: Yes
  • Kitchen Eat-In: Yes
  • Contract Info Available Date: 2024-09-02
  • Maintenance Fees Security Deposit3: 10.0
  • Lease Requirements Security Deposit4: Yes
  • Cooling Multi Units: Yes
  • Style End Unit: Yes
  • Furnished Full2: Yes
  • Living Room Floor - Ceramic2: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Allowable:Dogs OK: Yes
  • Water Type Lake Front: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom Floor - Wood8: Yes

Exterior Features

  • Acres: 0.21
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Common Walls: End Unit
  • Patio And Porch Features: Porch - Open

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Open, On Street, None
  • General Property Info:Garage: No
  • Parking:On Street: Yes
  • Parking Open: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Hot Water, Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Parcel #: 02-00031-0000-00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2021
Sold by
Pierce Jerry E and Pierce Cynthia L
Bought by
Sultan Daniel and Sultan Lawrence Daniel
Current Estimated Value
$1,662,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Outstanding Balance
$388,124
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$1,274,175

Purchase Details

Closed on
Apr 2, 1996
Sold by
Jones Marion
Bought by
Pierce Jery and Pierce Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.31%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sultan Daniel $1,126,000 Trident Abstract Ttl Agcy Ll
Pierce Jery $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sultan Daniel $425,000
Previous Owner Pierce Jery $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Rented $28,000 -5.1% --
04/15/2025 04/15/25 Under Contract -- -- --
11/03/2024 11/03/24 For Rent $29,500 +1272.1% --
10/14/2024 10/14/24 Rented $2,150 -8.5% --
09/03/2024 09/03/24 Under Contract -- -- --
08/27/2024 08/27/24 For Rent $2,350 0.0% --
08/15/2024 08/15/24 Under Contract -- -- --
07/08/2024 07/08/24 For Rent $2,350 -85.3% --
07/06/2023 07/06/23 Rented $16,000 -42.9% --
07/01/2023 07/01/23 Under Contract -- -- --
06/08/2023 06/08/23 For Rent $28,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

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 $8,564 $1,728,700 $1,167,800 $560,900
2024 $7,122 $1,454,000 $1,039,800 $414,200
2023 $7,122 $1,141,400 $751,700 $389,700
2022 $5,641 $858,000 $631,300 $226,700
2021 $5,641 $745,200 $543,500 $201,700
2020 $5,356 $677,100 $480,000 $197,100
2019 $4,965 $624,500 $428,500 $196,000
2018 $4,872 $612,100 $428,500 $183,600
2017 $4,684 $602,000 $428,500 $173,500
2016 $4,484 $539,000 $393,400 $145,600
2015 $4,395 $476,700 $351,300 $125,400
2014 $3,980 $468,200 $362,500 $105,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22431786

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 02-00031-0000-00002