Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    241 1st St Lakewood, NJ 08701-3320
    Back to Search
    Property profile & analytics

    241 1st St, Lakewood, NJ 08701-3320

    View on Map

    • Commercial real estate
    • 3,217 SF
    • 0.11 lot acres
    Off-Market
    Last Sale Jul 17, 2025
    $775,000
    Property ID
    US59-2892105
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $740,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Roth & Roth, P.A. / Law Firm

    Property Details for 241 1st St

    Year built
    1906
    Construction
    BRICK
    Lot size
    0.11 lot acres
    Zone code
    B2
    Property type
    Commercial real estate
    APN
    15 00121-0000-00021
    APU
    1500121000000021

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 17, 2025 $775,000 241 First St Holdings LLC Maxhill Developers LLC Deed $680k · Fulton Bank NA
    Jun 27, 2024 — Maxhhl Developers LLC — Deed · related $575k · Bhcg 241 LLC
    Dec 5, 2012 — Jeffrey S Roth Roth,nathaniel H Quit Claim Deed · related —

    Description

    This exceptional commercial property, located at 241 1st Street Unit 241, Lakewood, NJ, presents a unique investment opportunity. The building is situated in a highly desirable and visible location within the heart of Lakewood, offering easy access to major roadways and a substantial amount of foot traffic. While the exact square footage is not currently specified, the building is ideal for a variety of commercial uses. The asking price is $999,000. The property is classified as general commercial and sits on a lot of zero acres, indicating a building-focused investment. This makes it particularly attractive for businesses seeking a well-positioned, established space in a thriving commercial area. The building's prime location ensures high visibility and accessibility, making it an excellent choice for businesses seeking to establish a strong presence in the Lakewood market. Further details regarding the building's interior layout and specifications are available upon request. This is a rare opportunity to acquire a well-situated commercial property in a dynamic and growing community. Serious inquiries are encouraged.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $620,000
      6.5%
      $570,000
      7%
      $530,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $835,000
      Market price range: $578k - $1.39M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Ocean
    State
    New Jersey
    Longitude
    -74.2139
    Latitude
    40.0914
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $12,394
    $288,800
    $254,300
    $543,100
    -
    $288,800
    $254,300
    $543,100
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message