This home's estimate is 26.4% lower than the average sale price ($646K) of 6 comparable homes.
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- Property details
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16 W Lake Rd, Medford, NJ 08055
About this home
Priced to sell! 2,700 square foot home on premium lot location, walking distance to the beach in Taunton Lakes! Owners raised their family here and now downsizing. Home boasts:Newer bathrooms. 6 panel doors . New carpet in laundry room, downstairs bedroom and office. Newer roof (5-6 years old)Instant on demand hot water. 2 zone heat . Wood stove in expansive family room with hardwood flooring. Dining room. Large eat in kitchen with tile flooring. First floor office or computer room. First floor laundry room. Bonus Room on the first floor that can be used as a bedroom, family room, etc. 4 large bedrooms upstairs with additional bonus room. All bedrooms are spacious with plenty of closet space. Large master bedroom has 2 closets and Master bath with new walk in shower with tile, and seamless glass shower doors. Detached 1 1/2 car garage which owner is presently using as a work room. Wonderful family neighborhood and lake community. Spend your summers at the beach. Excellent school system. Home needs cosmetic updates and buyer's have considered this with the very low sales price! Priced $100,000 below the assessed value. (Sellers selling property as is). Buyers, and investors come take a look! Home has an abundance of potential.
Redfin Estimate
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Market trends in 08055, NJ
Last updated August 2026
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Sale history for 16 W Lake Rd
$69/sq ft
$69/sq ft
$72/sq ft





$69/sq ft
$72/sq ft
$25/sq ft
$22/sq ft
Tax history for 16 W Lake Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- # of Detached Garage Spaces: 1
- # of Total Garage and Parking Spaces: 4
- Has Garage
- # of Garage Spaces: 1
- # of Open Parking Spaces: 3
- Detached Garage
Interior
- Virtual Tour
- Bathroom Information
- # of Bathrooms (Full) On 1st Upper Level: 2
- # of Bathrooms (Half) On Main Level: 1
- # of Bathrooms (Half): 1
- # of Bathrooms (Full): 2
- Interior Information
- Appliances: Oven - Self Cleaning, Dishwasher
- Flooring Type: Wood, Fully Carpeted, Tile/Brick
- Interior Features: Master Bath(s), CeilngFan(s), Stall Shower, Kitchen - Eat-In
- Living Area Sq.Ft. Source: Assessor
- Room Information
- Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room, Bedroom 1, In-Law/auPair/Suite, Laundry, Attic
- Laundry Type: Main Floor
- Fireplace Information
- Has Fireplace
- # of Fireplaces: 1
- Basement Information
- Basement: No
Exterior
- Property Information
- Improvement Assessed Value: $216,700
- Ownership Interest: Fee Simple
- Property Condition: Fixer
- Year Built Source: Estimated
- Building Information
- Construction Materials: Vinyl Siding
- Other Structures: Above Grade
- Structure Type: Detached
- Lot Information
- Lot Size Dimensions: 0
- Tidal Water: No
- Land Information
- Land Assessed Value: $81,400
- Above Grade Information
- Finished Sq.Ft.: 2,772
- Finished Sq.Ft. Source: Assessor
Financial
- Tax Information
- Tax Assessed Value: $298,100
- Tax Year: 2014
- Tax Annual Amount: $8,803
Utilities
- Utilities Information
- Central Air
- Cooling Type: Central A/C
- Oil
- Heating Fuel: Oil
- Hot Water: Oil
- Sewer Septic: On Site Septic
- Water Source: Public
Location
- Homeowners Association Information
- HOA/Condo/Coop Amenities: Tot Lots/Playground
- HOA Fee: $400
- HOA Fee Frequency: Annually
- School Information
- Middle Or Junior School: MEDFORD TOWNSHIP MEMORIAL
- School District Name: MEDFORD TOWNSHIP PUBLIC SCHOOLS
- Location Information
- Cross Street: PAOLI
- Directions: Hopewell Rd to Paoli to W Lake
- Municipality: MEDFORD TWP
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: 2,772
- Stories: 2.0
- Lot Size: 0.42 acres
- Style: Single Family Residential
- Year Built: 1929
- Year Renovated: —
- County: Burlington County
- APN: 2005810 00002
Around this home
Schools
Public PreK-5 • Assigned • 0.6mi
Public PreK-8 • Assigned • 3.1mi
Public 9-12 • Assigned • 4.2mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 104° expected this year, 15 days in 30 years
59% chance of strong winds in next 30 years
4 unhealthy days expected this year, 5 days in 30 years
Sun exposure
In this area, properties receive around 8.8 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 08055
Home values near 16 W Lake Rd
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | 3183 Sq. Ft. | $705,794 |
4 Beds | 2 Baths | 2074 Sq. Ft. | $716,452 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 4.5 Baths | 6590 Sq. Ft. | $1,284,009 |
- Beds | - Baths | 2255 Sq. Ft. | $657,541 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 3 Baths | - Sq. Ft. | $827,809 |
- Beds | - Baths | 1840 Sq. Ft. | $517,716 |
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