| Primary address | 940 Somerset Avenue, Lakewood |
| Zip code | 08701 |
| County | Ocean |
| Municipality | Lakewood Township |
| Block | 208 |
| Lot | 164 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 09/11/2024 |
| Sale price | $1,365,000 |
| Arm's length | Register |
| Current property tax | $12,800 |
| Building sqft | 2,073 |
| Building class | Residential (2) |
| Acreage | 0.396 |
| Year built | 1986 |
| Exterior structural material | Register |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Property reports include comprehensive occupancy, improvement and development information (where available).
Create a free account to access valuable data points such as:
940 Somerset Avenue, Lakewood, NJ 08701 was built in 1986 and has a total of 2,073 square feet.
What is the assessed value of 940 Somerset Avenue, Lakewood, NJ 08701 and the property tax paid?Assessed at $528,500, the tax amount paid for 940 Somerset Avenue, Lakewood, NJ 08701 is $12,139.
When was 940 Somerset Avenue, Lakewood, NJ 08701 last sold and what was the last sale price?940 Somerset Avenue, Lakewood, NJ 08701 was last sold in 09/11/2024 for $1,365,000.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
Create a free account to view the complete sales history for 940 Somerset Avenue, Lakewood, including title documents, transfer conditions, mortgages and liens.
*Here are the three most recent sales for this property.
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 940 Somerset Avenue, Lakewood, NJ 08701. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Base tax | $12,140 |
| Current property tax | $12,800 |
| Market value | $528,500 |
Here's the assessment & property tax history for 940 Somerset Avenue, Lakewood, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessment value | Total tax rate | Property tax | Year over year change |
|---|---|---|---|---|---|
| 2025 | $528,500 | $528,500 | 2.297 | $12,140 | -3.24% |
| 2024 | $528,500 | $528,500 | 2.374 | $12,547 | +4.86% |
| 2023 | $528,500 | $528,500 | 2.264 | $11,965 | +2.96% |
| 2022 | $528,500 | $528,500 | 2.199 | $11,622 | 0.00% |
| 2021 | $528,500 | $528,500 | 2.199 | $11,622 | -0.27% |
Create a free account to unlock extended information for 940 Somerset Avenue, Lakewood, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).
| FEMA flood zone(s) | X (See more on map) |
| Fire hazard zone | See more on map |
| Geohazard zones map | Register |
Access the detailed traffic volume map for 940 Somerset Avenue, Lakewood to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
| View daily traffic map |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Bnos Melech | NR | Private | K-7 | 453 | 0.39 |
| Bnos Bina Girls School | NR | Private | PK-8 | 424 | 0.57 |
| Bnos Bina Girls School | NR | Private | PK-8 | 424 | 0.57 |
| Yeshiva Gedolah Keren Hatorah | NR | Private | 125 | 0.65 | |
| Bnos Tzippa | NR | Private | K-4 | 97 | 0.66 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Bnos Melech | NR | Private | K-7 | 453 | 0.39 |
| Lakewood Middle School | 4 | Public | 6-8 | 995 | 0.54 |
| Bnos Bina Girls School | NR | Private | PK-8 | 424 | 0.57 |
| Yeshiva Gedolah Keren Hatorah | NR | Private | 125 | 0.65 | |
| Satmar Cheder/United Talmudical Academy | NR | Private | K-8 | 234 | 0.85 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Ohr Chodosh High School | NR | Private | 9-12 | 0 | 0.35 |
| Lakewood High School | 3 | Public | 9-12 | 1,423 | 0.35 |
| Yeshiva Chayei Olam | NR | Private | 9-12 | 61 | 0.64 |
| Yeshiva Gedolah Keren Hatorah | NR | Private | 125 | 0.65 | |
| Yeshiva Gedola Ohr Chadosh | NR | Private | 11-12 | 12 | 0.70 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Here are the neighbors for 940 Somerset Avenue, Lakewood.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 936 Somerset Ave, Lakewood | 3,147 | 09/04/2025 | $1,500,000 |
| 825 E End Ave, Lakewood | 03/29/2019 | $1 | |
| 969 E End Ave, Lakewood | 10,209 | 04/05/2012 | $142,426 |
| 975 E End Ave, Lakewood | 1,220 | 07/23/2020 | $450,000 |
| 935 Park Ter, Lakewood | 1,612 | 09/28/2011 | $1 |
| 915 Park Ter, Lakewood | 1,856 | 12/30/2002 | |
| 909 Park Ter, Lakewood | 2,004 | 07/06/2010 | $390,000 |
| 351 E 7th St, Lakewood | 1,874 | 05/05/1999 | |
| 924 E County Line Rd, Lakewood | 6,939 | 09/27/2011 | $248,000 |
| 907 Park Ter, Lakewood | 3,126 | 08/08/1995 | $98,000 |
| 929 Park Ter, Lakewood | 1,684 | 01/26/1984 | $64,490 |
| 943 Park Ter, Lakewood | 2,841 | 04/11/2011 | $1 |
| 837 E End Ave, Lakewood | 03/29/2019 | $1 | |
| 901 Park Ter, Lakewood | 1,794 | 11/12/2002 | |
| 921 Park Ter, Lakewood | 3,716 | 07/10/2025 | $10 |
| 355 E 7th St, Lakewood | 1,713 | 12/02/2004 | $1 |
| 216 E 8th St, Lakewood | 3,309 | 12/28/2000 | |
| 841 E End Ave, Lakewood | 2,780 | 05/03/2011 | $223,180 |
| 903 Park Ter, Lakewood | 2,964 | 05/31/2002 | $285,000 |