Exhibit 23.1



            CONSENT OF REGISTERED INDEPENDENT PUBLIC ACCOUNTING FIRM

First Montauk Financial Corp.

We  hereby  consent  to the  incorporation  in the  Company's  previously  filed
Registration  Statement on Form S-8 (No.  333-123066 filed March 1, 2005) of our
report dated March 18, 2005, relating to the consolidated  financial  statements
and the related  financial  statement  schedule of First Montauk Financial Corp.
and  Subsidiaries  included  in this Form 10-K for the year ended  December  31,
2004.



/s/ Lazar Levine & Felix LLP
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LAZAR LEVINE & FELIX LLP
Morristown, New Jersey
March 31, 2005