Apartment Acquisitions · Lakewood
Sell Your Commercial Property In Lakewood, NJ
Own a commercial apartment building of five or more units in Lakewood? We purchase multifamily properties around Downtown Lakewood, Westgate, and the rest of Ocean County, and we review every deal against a clear buy box.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Lakewood Submarkets: Downtown Lakewood · Westgate · Pine Park · Howell — Ocean County, NJ
Market Snapshot
Renter Demand In Lakewood
Lakewood, NJ is Ocean County's largest township, with 69,585 residents under ACS 2020-2024. Renters hold 60.9% of Lakewood's 14,036 occupied homes, and median gross rent runs $1,718 a month. Owners who sell commercial property in Lakewood, NJ are working with comparatively newer stock: just 39.6% of homes predate 1980, and 20.3% sit in buildings of five or more units. Beth Medrash Govoha enrolled 9,657 students for fall 2024, Monmouth Medical Center Southern Campus runs 241 beds, and Lakewood's industrial parks draw more than 10,000 workers a day across 2,000-plus acres.
Beth Medrash Govoha
Beth Medrash Govoha enrolled 9,657 students for fall 2024, per the U.S. Department of Education's College Navigator.Monmouth Medical Center Southern Campus
RWJBarnabas Health's Monmouth Medical Center Southern Campus in Lakewood runs 241 beds and employs 743 people, per its fact sheet.Lakewood Industrial Parks
Lakewood's industrial parks span more than 2,000 acres and draw over 10,000 workers daily, per the township's own page.Our Buy Box
What We Buy In Lakewood
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Lakewood Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Lakewood, NJ
Renters hold 60.9% of Lakewood's 14,036 occupied homes, 8,552 households, under ACS 2020-2024 figures, three times Ocean County's 19.3% renter share. Lakewood's housing stock runs newer than many peers: the median year built is 1993, and just 39.6% of its 14,718 housing units predate 1980. Buildings of five or more units hold 20.3% of that stock, 2,983 homes.
Rents and affordability in Lakewood
Lakewood's median gross rent is $1,718 a month under ACS 2020-2024, while HUD's FY2027 fair market rent for a two-bedroom reaches $2,283 across the Monmouth-Ocean, NJ HUD Metro FMR Area, 32.9% above that median. Owners who sell commercial property in Lakewood, NJ can point buyers to that rent gap. Among Lakewood renters, 71.2% pay 30% or more of income on rent, and 46.7% pay half or more, per the same ACS tables.
| Unit size | HUD FY2027 FMR |
|---|---|
| Efficiency | $1,671 |
| One-bedroom | $1,847 |
| Two-bedroom | $2,283 |
| Three-bedroom | $2,927 |
| Four-bedroom | $3,241 |
Property taxes in Ocean County
Lakewood Township carries a 2025 general tax rate of 2.462 per $100 of assessed value, with a county equalization ratio of 56.28%, per the Ocean County Board of Taxation's 2025 equalization table. On a $2,000,000 building, assessed value runs near $1,125,600, and that rate produces a tax bill near $27,712 a year. Owners who sell commercial real estate in Lakewood, NJ should also budget the state's $21,675 realty transfer fee on that same price, now paid by the seller; the graduated supplemental fee applies only to Class 4A commercial, not apartment buildings, so it adds nothing here.
Landlord rules for Lakewood owners
Lakewood Township runs its own Rent Control Board under Chapter 14 of its code, since New Jersey leaves rent control to municipal choice. Landlords who supply heat may raise rent once a year by a flat 6.5%, those who don't may raise it 5%, and only owner-occupied buildings of four units or fewer are exempt. Statewide, N.J.S.A. 46:8-19 caps a security deposit at 1.5 times one month's rent, returned within 30 days after the lease ends. Under the Anti-Eviction Act, N.J.S.A. 2A:18-61.1, nonpayment needs no notice to quit before suit, while habitual late payment needs a written notice to cease and a month's notice after that.
What it means for an owner
Lakewood's high renter share, capped annual increases and newer-than-average stock give sellers a clear data set to price against. Owners ready to sell commercial property in Lakewood, NJ can model a deal with Skyline Capital Investments' cap rate calculator before talking price. To sell multifamily property in Lakewood, start at Skyline Capital Investments' apartment-building page, where the firm buys 5+ unit buildings directly from owners.
Good To Know
Lakewood Seller Checklist
More about selling in New Jersey →Investing in Lakewood? See apartment syndications in Lakewood →
- Owners who sell commercial real estate in Lakewood, NJ should budget Chapter 14's 6.5% cap on heat-included units.
- Lakewood's 39.6% pre-1980 housing share, per ACS 2020-2024, means most apartment stock predates modern codes.
- Owners who sell your apartment building in Lakewood compete where 20.3% of homes sit in 5+ unit buildings.
Seller Guides
Selling A Building In Lakewood
Learn More
Taxes & Rules For Lakewood Property
The New Jersey rules that shape any deal in Lakewood: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Lakewood Seller FAQ
How do I sell commercial property in Lakewood, NJ?
Gather the rent roll, Lakewood's Chapter 14 rent-control registration records and the 2025 tax bill, then compare in-place rents with Lakewood's $1,718 ACS median and HUD's $2,283 two-bedroom FY2027 fair market rent before requesting offers.
What should buyers check before making an offer in Lakewood?
Buyers confirm a building's rent-control status before selling commercial property in Lakewood, since Chapter 14 covers all but small owner-occupied buildings, then check the 2025 general tax rate of 2.462 per $100 assessed value and the 56.28% equalization ratio against the asking price.
What should I know before I sell commercial real estate in Lakewood, NJ?
Lakewood's median gross rent of $1,718 sits 32.9% below HUD's $2,283 FY2027 two-bedroom fair market rent, a gap buyers weigh alongside the 71.2% of renters already paying 30% or more of income on rent each month.
Does Lakewood have rent control?
Yes. Lakewood Township runs its own Rent Control Board under Chapter 14 of its code rather than a state cap, since New Jersey leaves rent regulation to municipal choice. Buildings with more than four units are not exempt, and annual increases are capped at 6.5% with heat or 5% without.
How much of Lakewood housing sits in larger apartment buildings?
ACS 2020-2024 counts 2,983 Lakewood homes in buildings of five or more units, 20.3% of the township's 14,718 housing units. Renters occupy 60.9% of Lakewood's 14,036 occupied homes, well above Ocean County's 19.3% renter share.
Will you buy a Lakewood property that needs work or has high vacancy?
Yes. We regularly evaluate value-add, mismanaged, and distressed multifamily properties and underwrite them as they are today — no repairs or lease-up required before selling.
Can I sell my Lakewood apartment building off-market?
Yes. We work directly with owners and through listing agents. Off-market conversations are confidential, and we coordinate tours so tenants and staff are not disrupted.
Can I sell rental property in Lakewood with tenants in place?
Yes. We buy apartment buildings with tenants in place and keep existing leases intact. As a commercial real estate buyer focused on 5+ unit properties, we underwrite the current rent roll as it stands.
How fast can I sell my apartment building in Lakewood?
Most owners get clear feedback within 48 hours of sending the address, unit count, and a rent roll. Closing is typically set around your timeline, including extra time for a 1031 exchange.
Submit A Deal
Get An Offer Review In Lakewood
Send the address, unit count, and asking price if you have one. We keep every conversation confidential.
