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425 Sophee Lane, Lakewood, NJ, 08701

1beds
1baths
889sqft
$164,900
$185price/sqft
$1,432/moest. monthly cost
$57,280/yrincome needed

About This Home

Welcome to Covington Village a premier upscale 55+ condo community. Ocean County best kept secret! This condo features 1 bedroom 1 Bath, freshly painted. 42'' kitchen cabinets, granite countertops and stainless appliances. Easy access to Washer Dryer off kitchen. Hardwood in Foyer, Dining , hallway and kitchen. Spacious tiled Shower Stall in bathroom. Walk in Closet in Master Bedroom. Ample storage space, Covered balcony backing to wood. State of the Art Clubhouse featuring gorgeous heated pool, Fitness room, Billiards, Banquet room ,movie theater and library!! Close to major highways and shopping

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

5/10
6/10
Lakewood Middle SchoolGrades 6-83.9 mi
3/10
Lakewood High SchoolGrades 9-124.1 mi

Construction

Materials

  • Construction materials: Aluminum Siding,Brick Veneer

Type & Style

  • Home type: SingleFamily
  • Property subType: Adult Community

Interior

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Area: 100
  • Dimensions: 10 x 10

Features

  • Ceilings - 9Ft+ 1st Flr
  • Flooring: Ceramic Tile,Wood

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 889
  • Total interior livable area: 889 sqft

Kitchen

  • Area: 100
  • Dimensions: 10 x 10

Living Room

  • Area: 195
  • Dimensions: 15 x 13

Other

  • Area: 180
  • Dimensions: 15 x 12

Property

Details

  • Parcel number: 1501082000000009425
  • Zoning description: Planned Residential, Residential

Features

  • Levels: Upper Level
  • Stories: 1
  • Entry location: Upper Level
  • Pool features: Community,Heated,In Ground,Salt Water
  • Exterior features: Balcony

Lot

  • Features: Back to Woods

Parking

  • Parking features: Open,Asphalt,Common,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
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Lightning
Strong Wind
Winter Weather
Cold Wave
Heat Wave
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire

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

MonthlyAnnual
Mortgage $833$9,996
Home Insurance *$72$864
Property Taxes $334$4,008
Electricity $193$2,318
Total$1,432$17,184
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$49,097/yr
40% on housing$42,960/yr
45% on housing$38,186/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

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.

Insurance Growth Rate5-year average: 7.2%
7.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$185This listing

vs Other Active Listings

Avg $/sqft

ZIP 08701$268
Ocean County$354

vs Homes Sold Last Month

Median $/sqft

ZIP 08701$276
Ocean County$302

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

DateEventPrice
2026-05-05Price change$164,900
2026-03-31Price change$174,900
2026-01-20Price change$179,900
2026-01-06Pending sale$184,900
2025-09-12Listed for sale$184,900
2008-04-04Sold$150,000
2006-08-21Sold$198,900

For Sale by Agent

AgentSheryl J. Pitarresi
BrokerageCrossroads Realty, Inc.

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