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(732) 444-8622 Keller Williams Realty

417 Forest Avenue, Lakewood, NJ 08701

New Listing
$2,700,000
Property Type: Residential Bedrooms: 22 Baths: 9.9 Square Footage: 6,361 Lot Size (sq. ft.): 18,731 Status: Active
Current Price: $2,700,000 List Date: 10/12/2026 Last Modified: 10/12/2026

Overview

Description

Prime development opportunity in the heart of Lakewood! Situated on a generous 125' × 150' parcel (approx. 0.43 acres / 18,750 sq. ft.), this prime R-OP zoned property at 417 Forest Avenue offers exceptional versatility for builders, investors, and developers. The flexible R-OP zoning allows for multiple high-yield residential or commercial possibilities. Whether you are looking to build a multi-family project or a commercial facility, this expansive lot delivers outstanding potential in a highly desirable, rapidly growing location. Buyer is responsible for obtaining all necessary municipal approvals and variances. Property Highlights & Specs * Address: 417 Forest Ave, Lakewood, NJ 08701 * Block / Lot: Block 70, Lot 1 * Zoning: R-OP (Residential Office Professional)

Supplements: * Property Type: Multi-Family / Land / Commercial / Development Opportunity * Lot Size: 0.43 Acres (Approx. 18,750 sq. ft.) * Lot Dimensions: 125 ft × 150 ft Potential Development Scenarios: * 4-Unit Multi-Family / Duplex * 6-8 Unit Townhouse Development * 9-Unit, 3-Story Apartment Building * Professional / Medical Office Building

Listing Details MLS# 22632221

Contract Info

List Price/SqFt
424.46
Property Sub-Type
Single Family Residence
Sub-Type
Detached
Minimum Age
116

Location

House Number
417
Street Name
Forest
Street Suffix
Avenue
County
Ocean
Municipality
Lakewood (LKW)
Postal City
Lakewood
State
NJ
Zip Code
08701
Area/Section
None
Complex/Subdivision
None
Middle School
Lakewood
Directions
as per GPS

General Property Info

Full Baths
9
Half Baths
9
Total Baths
9.9
Handicap Access
No
Fireplace
No
Apx SqFt
6361
# Levels
2.5
Apx Year Built
1910
Garage
No
Acreage
0.43
Lot Dimensions
125 x 150
HOA
No
Pool
No
Waterfront
No
Waterview
No
Rooms
35
Basement
Yes
# Car Garage
0

Tax and Legal

Asmnt - Total
530800
Farm Assessed
No
Special Assessment
Yes
Taxes
13732
Tax Year
2025

Ownership Type

Fee Simple
Yes

Style

Custom
Yes

More Information

Interior

Wall Mirror
Yes

Zoning

Multi-Family
Yes
Office
Yes
Residential
Yes
Single Family
Yes

Water/Sewer

Public Sewer
Yes

Floors

Carpet
Yes
Wood
Yes

Kitchen

Floor - Wood
Yes

Basement

Other
Yes

Primary Bedroom

Full Bath
Yes

Cooling

Multi Units
Yes

Water Heater

Natural Gas
Yes

Primary Bath

Floor - W/W Carpet
Yes
Tub
Yes

Heating

Other
Yes

Exterior

Storage
Yes

Assessment Status

To Be Assessed
Yes

Siding

Stucco - Cement
Yes

Roof

Shingle
Yes

Energy Features

Other
Yes

Property Features

Ownership Type: Fee Simple Style: Custom Interior: Wall Mirror Kitchen: Floor - Wood Primary Bedroom: Full Bath Primary Bath: Floor - W/W Carpet; Tub Basement: Other Floors: Carpet; Wood Cooling: Multi Units Heating: Other Water Heater: Natural Gas Exterior: Storage Siding: Stucco - Cement Roof: Shingle Zoning: Multi-Family; Office; Residential; Single Family Assessment Status: To Be Assessed Energy Features: Other
IDX
Listing Office: Imperial Real Estate Agency
Listing Agent: Efraim Feder
Source MLS Verified
Last Updated: October - 12 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.