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About This Home

This 3-bedroom, 3-bathroom single family at 206 Lake Avenue in Island Heights, NJ is listed for $687,000 ($424 per sqft). Built in 1979, the home offers 1,620 sqft of living space on a 0.76 acres lot.

Agent Description

Have you been searching for a home by the beach with privacy, potential, and the chance to make it your own? Opportunities like this are rare in Island Heights. Situated on an oversized wooded lot, 206 Lake Avenue offers a unique opportunity for the buyer who is ready to invest in a home with character and create something special over time.

This property is in need of TLC and is ideal for someone who understands the value of personalizing a home while building equity in a desirable shore-town location. Whether you envision a weekend getaway, future retirement home, or full-time residence near the water, this home provides a strong foundation and exciting potential.

Interior features include a spacious living room with hardwood floors, built-in shelving, and a wood-burning fireplace A bonus flex room off the attached two-car garage offers additional space for a home office, gym, or creative use. Previously, this space was approved for a signing business.

Outside, the large storage shed is perfect for storing bikes, kayaks, and beach essentials. The wooded lot adds a welcome sense of privacy, while the surrounding neighborhood showcases beautifully maintained homes and ongoing new construction. Island Heights is loved for its riverfront setting, coastal charm, tree-lined streets, and easy access to summer activities including fishing, surfing, and boating.

206 Lake Avenue is being Sold As is and presents an excellent opportunity to enjoy shore-town living while creating a home that is uniquely yours.

Key Features

  • Built in 1979
  • 0.76 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
2 full, 1 half
1979

Amenities

FireplaceViewA/C

Monthly Cost Estimate

$3,674/mo

20% down · 6.5% · 30 years

Principal$497
Interest$2,977
Insurance$200

Estimates only. Actual payments may vary.

Location

206 Lake Avenue

Island Heights, NJ 08732

Features & Amenities

Interior Features

Attic - Pull Down StairsBalconyBuilt-in Features

Exterior Features

Balcony

Property Details

Views

Water

Pool Features

PorchDeck

Parking

Garage

Heating

Natural GasHot Water(Heating)BaseboardZoned

Cooling

Central AirMulti Units

Questions & Answers

This 3-bedroom, 3-bathroom single family at 206 Lake Avenue is listed at $687,000 ($424/sqft). The estimated monthly payment is $2,977 based on 20% down at 6.5% interest.

Key features include: Built in 1979, 0.76 acre lot, 2 stories, Fireplace. Interior Features: Attic - Pull Down Stairs, Balcony, Built-in Features. Exterior Features: Balcony.

This property is listed by Katora Yim and can be reached at 7324553479 or katora@katorarealty.com.

KY

Katora Yim

Agent at Katora Realty, LLC

(732) 455-3479

Listed by Katora Realty, LLC · View on Broker Site

MLS# 22537474· Source: listhub· Updated 151 days ago

Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

206 Lake Avenue, Island Heights, NJ 08732

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