Ocean County  »  08701  »  Madison Ave  »  450 Madison Ave

450 Madison Avenue, Lakewood, NJ 08701 - Property report

Also known as: 450 Madison Ave

Property image for 450 Madison Avenue, Lakewood, NJ 08701
static Mapbox map

Property type

Motel (530)

Year built

1960

Acreage

5198.994

Sale price

$1,700,000

General information

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Address
Primary address
450 Madison Avenue
Alternate address(es)
450 Route 9
450 RT 9
ZIP code
08701
County
Ocean
Block
70
Lot
5
Municipality
1515
Qualifier
Parcel ID
70-5

Owner

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Sales
Sale date
03/23/2018
Sale price
$1,700,000
Arm's length
Tax
Tax year
2026
Base tax
$58,162
Current property tax
$61,327
Building
Property type
Motel (530)
Building sq. ft.
10,038
Year built
1960
Exterior structural material
Lot
Acreage
5,198.994
Zoning & Use
Qualified opportunity zone

Area overview

Walk score
82 /100.  Very Walkable
Transit score
0 /100.  Minimal Transit
Bike score
48 /100.  Somewhat Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 450 Madison Avenue, Lakewood, NJ

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 450 Madison Avenue, Lakewood, NJ 08701

Sale date Sale price Buyer name Seller name
03/23/2018 $1,700,000 XXXX XXX XXX XXX
11/03/2010 $1 XXX XXX XXX XXXXXXX XXXXXX XXX
09/20/2005 $1,925,000 XXX XXXXXXX XXXXXX XXX XXXX, XXXXXXX X & XXXXXXX X

*Most recent sales on record for this property.

More about Ocean County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
05/21/2019 - R
05/17/2019 - D
Mortgage XXXXXX XXXXX X XXXXX XXXXXXXX XXXX
03/28/2018 - R
03/23/2018 - D
Deed and Realty Tax Fees XXX XXX XXXX XXX
03/28/2018 - R
02/23/2018 - D
Mortgage XXXXXX XXXXX XXX XXXXXXX XXXX XXX
05/10/2011 - R
11/03/2010 - D
Deed and Realty Tax Fees XXX XXXXXXX XXXXXX XXX XXX XXX
09/28/2005 - R
09/20/2005 - D
Deed and Realty Tax Fees XXXX, XXXXXXX X & XXXXXXX X XXX XXXXXXX XXXXXX XXX
04/28/1978 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 450 Madison Avenue, Lakewood, NJ

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026
Base tax
$58,162
Current property tax
$61,327
Recent tax assessments
Market value
$2,532,100
Land value
$620,000
Building value
$1,912,100

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $2,532,100 $2,532,100 2.297 $58,162 -3.24%
2024 $2,532,100 $2,532,100 2.374 $60,112 +4.86%
2023 $2,532,100 $2,532,100 2.264 $57,327 +2.96%
2022 $2,532,100 $2,532,100 2.199 $55,681 0.00%
2021 $2,532,100 $2,532,100 2.199 $55,681 -0.27%
2020 $2,532,100 $2,532,100 2.205 $55,833 +3.96%
2019 $2,532,100 $2,532,100 2.121 $53,706 +1.10%
2018 $2,532,100 $2,532,100 2.098 $53,123 +4.74%
2017 $2,532,100 $2,532,100 2.003 $50,718 +1.55%
2016 $1,746,300 $1,746,300 2.86 $49,944 +2.99%

Permit information for 450 Madison Avenue, Lakewood, NJ

No recently recorded permits for this property.

Demographics by ZIP code

Total population
139,149
Median age
18.2
Average household income
$100,999
Family households
78.7%
People per household (average)
4.36
Occupied housing units
31,469
Owner-occupied units
51.5%
Median year structure built
1994
Median value mortgaged units
$577,000
Median value unmortgaged units
$371,600

Risk

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FEMA flood zones

FEMA flood zones
X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

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Frequently asked questions

What is the year built for 450 Madison Avenue, Lakewood, NJ 08701?

The development at 450 Madison Avenue, Lakewood, NJ 08701 was built in 1960.

What is the market value of 450 Madison Avenue, Lakewood, NJ 08701?

The current market value of 450 Madison Avenue, Lakewood, NJ 08701 is $2,532,100.

What is the total square footage of 450 Madison Avenue, Lakewood, NJ 08701?

450 Madison Avenue, Lakewood, NJ 08701 has a total of 10,038 square feet.

What is the price per square foot for this property?

$169 per square foot is the price for 450 Madison Avenue, Lakewood, NJ 08701.

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