515 Sophee Lane #1000, Lakewood, NJ, 08701
About This Home
Welcome to Covington Village, Ocean County's premier upscale 55+ condo community. This well-maintained, move-in ready one-bedroom home has a new HVAC system and water heater (both 2025.) It features: a spacious open-plan living room/dining room; 9-Foot ceilings; a separate laundry closet; a roomy kitchen; a large bedroom with walk-in closet; and a private covered terrace/patio (with an outdoor storage closet) which looks out at wooded green space. Community amenities include a beautifully designed and decorated clubhouse with meeting and banquet rooms, a library, movie theater and billiards, and a well-appointed fitness center. The recreational facilities include a lovely outdoor pool and fountain patio for summer dining and events, all on 35 lush landscaped acres with 3 ponds. Covington Village is conveniently located 1.5 miles to the Garden State Parkway; only 20 minutes to some of the Jersey Shore's best beaches, boardwalks and attactions; and close to all dining, shopping and medical facilities. Make your appointment today for a private showing of this special home.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2007
Materials
- Roof: Sloping,Flat
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Property subType: Adult Community
Interior
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Ceilings - 9Ft+ 1st Flr,Recessed Lighting
Heating & Cooling
- Heating features: Natural Gas,Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 889
- Total interior livable area: 889 sqft
Property
Details
- Parcel number: 1501082000000009515
- Zoning description: Residential
- Exclusions: personal property
Features
- Stories: 1
- Pool features: Community,Concrete,Heated,In Ground
- Exterior features: Storage
- Topography of land: Level
Lot
- Features: Back to Woods,Border Greenway,Wooded
Parking
- Parking features: Open,Paved,Asphalt,None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Strong Wind
- Winter Weather
- Cold Wave
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $833 | $9,996 |
| Home Insurance * | $72 | $864 |
| Property Taxes | $195 | $2,340 |
| Electricity | $193 | $2,318 |
| Total | $1,293 | $15,516 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-23 | Listed for sale | $188,000 |
| 2017-06-12 | Sold | $78,000 |
| 2017-02-19 | Price change | $78,900 |
| 2016-07-28 | Price change | $86,900 |
| 2016-01-26 | Listed for sale | $94,900 |
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