500 Caranetta Drive, Lakewood, NJ, 08701
About This Home
Nestled on a spacious 10,000 sq ft lot, this 3-bedroom, 1-bathroom ranch-style home offers endless possibilities. The property is perfect for someone looking to renovate or tear down and build their dream home in this highly desirable area. The current home features a bright and welcoming living room, a functional kitchen with ample cabinet storage, and a full basement for additional storage or potential future expansion. The large front yard with mature trees and landscaping enhances the curb appeal, creating a peaceful setting. Whether you're a first-time homebuyer, an investor, or looking for a property with room to grow, this is a fantastic opportunity to customize or rebuild in a prime location. Move-in ready with great potential—make it your own!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1951
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Finished
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Other
Interior Area
- Total structure area: 1,127
- Total interior livable area: 1,127 sqft
Property
Details
- Parcel number: 150028400000003501
Features
- Stories: 1
- Exterior features: Other
Lot
- Lot size: 10,454 sqft
- Lot size dimensions: 71 x 148
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
- Strong Wind
- Lightning
- Winter Weather
- Cold Wave
- Heat Wave
- Ice Storm
- 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 | $3,615 | $43,380 |
| Home Insurance * | $314 | $3,768 |
| Property Taxes | $1,324 | $15,888 |
| Electricity | $193 | $2,318 |
| Total | $5,446 | $65,352 |
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 |
|---|---|---|
| 2026-03-24 | Price change | $715,000 |
| 2025-10-29 | Price change | $779,000 |
| 2025-09-09 | Listed for sale | $825,000 |
| 2025-07-03 | Sold | $232,956 |
| 2004-07-21 | Sold | $280,000 |
| 2001-10-18 | Sold | $195,000 |
| 2001-01-30 | Sold | $180,000 |
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