Landlord's Agent in 2025
Esther Silvera
Silvera Realty Co.
(347) 697-0010
1 in this area
39 Total Sales
406 Lake Dr Unit Rear 3 BR Allenhurst, NJ 07711
Estimated Value: $1,624,000 - $1,727,000
3
Beds
2
Baths
1,634
Sq Ft
$1,013/Sq Ft
Est. Value
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 2025Summer 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
Silvera Realty Co. License #1643477 Listed on: 11/03/2024
Property Details
Home Type
- Multi-Family
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
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
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
$387,278
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$1,268,545
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%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
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 | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
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
-
Esther Silvera
-
Roberta Gast
Buyer's Agent in 2024
Roberta Gast
Silvera Realty Co.
(732) 275-5206
8 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22431786
APN: 02-00031-0000-00002
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