NOT LISTED FOR SALE

406 Martin Luther King Dr Lakewood, NJ 08701

Estimated Value: $730,000 - $1,240,000

1 Bed
1 Bath
893 Sq Ft
$1,110/Sq Ft Est. Value

About This Home

This home is located at 406 Martin Luther King Dr, Lakewood, NJ 08701 and is currently estimated at $991,382, approximately $1,110 per square foot. 406 Martin Luther King Dr is a home located in Ocean County with nearby schools including Lakewood High School, Bais Rivka Rochel School, and Yeshiva Even Yisroel.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2022
Sold by
Mlk Wes Homes Llc
Bought by
Garfunkel Nechomo and Garfunkel Yosef
Current Estimated Value
$991,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$795,000
Outstanding Balance
$756,352
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$235,030

Purchase Details

Closed on
Jun 30, 2020
Sold by
Oppen Group Llc
Bought by
Mlk Wes Homes Llc

Purchase Details

Closed on
Mar 21, 2014
Sold by
Jackob Ann
Bought by
Oppen Group Llc

Purchase Details

Closed on
Nov 15, 2013
Sold by
Jackob Ann
Bought by
Oppen Group Llc

Purchase Details

Closed on
Mar 15, 2008
Sold by
Scott Laura Marie
Bought by
Vapor Properties Llc

Purchase Details

Closed on
Aug 10, 2007
Sold by
Scott Cecille W and Estate Of George W Scott Jr
Bought by
Scott Cecille W and Scott Yvonne
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.

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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.

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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.

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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.

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Average Value
Not Available
List Price
Sold Price
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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
Garfunkel Nechomo $995,000 None Listed On Document
Mlk Wes Homes Llc $275,000 Madison Title Agency Llc
Oppen Group Llc -- Synergy Title Agency
Oppen Group Llc $3,500 None Available
Vapor Properties Llc $500 None Available
Scott Cecille W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garfunkel Nechomo $795,000
Source: Public Records

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 $13,151 $529,200 $140,000 $389,200
2024 $12,510 $529,200 $140,000 $389,200
2023 $12,076 $529,200 $140,000 $389,200
2022 $3,195 $140,000 $140,000 $0
2021 $4,679 $205,400 $140,000 $65,400
2020 $4,728 $208,100 $142,700 $65,400
2019 $4,549 $208,100 $142,700 $65,400
2018 $4,323 $208,100 $142,700 $65,400
2017 $4,058 $208,100 $142,700 $65,400
2016 $3,739 $127,600 $87,500 $40,100
2015 $3,617 $127,600 $87,500 $40,100
2014 $3,431 $127,600 $87,500 $40,100
Source: Public Records

Map

New Jersey Ocean County Lakewood 08701

406 Martin Luther King Dr, Lakewood, NJ

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