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Location

516 Sophee Lane, Lakewood, New Jersey 08701, United States

Tour 516 Sophee Lane

Contact

Vincent Prestinari

Crossroads Realty Inc-Toms River

(844) 326-6875 ext. 2922

Amenities for 516 Sophee Lane

Apartment Amenities

BalconyCentral Air

Building

BasementFitness Center
Residents Lounge

Grounds

Swimming Pool
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

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About 516 Sophee Lane

Home 516 Sophee Lane, Lakewood, New Jersey 08701, United States

Property Status: Active Welcome to Covington Village, an inviting 55+ community offering comfort, convenience, and a peaceful lifestyle. This beautifully maintained 1-bedroom, 1-bath condo features a bright, open layout with plenty of natural light. The spacious living/dining area is perfect for relaxing or entertaining, while the updated kitchen offers ample cabinet space and modern finishes. The large bedroom provides generous closet space and a quiet retreat at the end of the day. Enjoy your morning coffee or evening breeze on the private balcony overlooking the well-kept grounds, Residents of Covington Village enjoy access to a stunning clubhouse with a fitness center, lounge, billiards room, and outdoor pool. Office Phone: (732) 244-4900 Copyright © 2025 Monmouth Ocean Regional Realtors and Monmouth Ocean Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Source: MOMLSNJ|MLS Listing No. 22534831

Go to property website

Address details

Zip code08701
TypeCondo for rent

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Rent trends in Lakewood

1-bedroom apartments at 516 Sophee Lane cost about 15% more than the average rent price for 1-bedroom apartments in Lakewood.

Median rents as of Nov 15 2025.
Lakewood
A table of 1-bedroom apartment rental data trends in Lakewood
MonthMedian Rent
December 2023$1,600
January 2024$1,600
February 2024$1,750
March 2024$1,556
April 2024$1,450
May 2024$1,533
June 2024$1,700
July 2024$1,450
August 2024$1,500
September 2024$1,631
October 2024$1,637
November 2024$1,790
February 2025$1,600
March 2025$1,797
April 2025$1,750
May 2025$1,630
June 2025$1,500
July 2025$1,400
August 2025$1,560
September 2025$1,825
October 2025$1,889
November 2025$1,825

Affordability calculator

Can I afford to live at 516 Sophee Lane?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$84,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $84,000 annually to afford this 1-bedroom monthly rent price of $2,100.
For more information on rent affordability, visit our rent calculator.

Schools near 516 Sophee Lane

Oak Street Elementary School

75 oak st

lakewood, NJ, 8701

2-5Public
C

Spruce Street Elementary School

90 spruce st

lakewood, NJ, 8701

PK, K-1Public
B-

Lakewood Early Childhood Center

100 linden ave

lakewood, NJ, 8701

PK, KPublic
B
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Internet available near 516 Sophee Lane

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Lakewood near 516 Sophee Lane

Walking

3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

2/10
This is semi-bikeable, but you’ll need another way of getting around.

Transit

0/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 516 Sophee Lane, Lakewood

Groceries

1/10
Closest supermarket further than a 30-minute walk

Shopping

2/10
Few or no shops within walking distance

Cafes

2/10
Few or no cafés within walking distance

Restaurants

3/10
Some restaurants within walking distance

Primary schools

2/10
At least one elementary school within a 30-minute walk

High schools

5/10
At least one high school within a 20-minute walk

Parks

4/10
Moderate amount of park space nearby

Nightlife

1/10
Few or no bars within walking distance

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