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Ocean 08724
1150 Sally Ike Road
$350,000
● House - Off Market

1150 Sally Ike Road

Brick, NJ 08724
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,460 Ft²
$438,853
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

This home is so deceiving in size from the outside.  Welcome to this fantastic raised ranch with full basement with 4 bedrooms, 2 full baths, hardwood floors and a attached garage on a unique plot size of land.  It has a fenced yard, above ground pool and a sitting room off the back to sit and read and take some private time when needed.  The Master Bedroom has a pocket door dressing room which is also unique.

Come take a look this won't last.  Close to the Brick Reservoir, shopping, Routes 195, 18, 70 highways, Garden State parkway and commuting to NYC buses.
Unit Size
1,460 Ft²
Days on Market
146 days
Land Size
0.25 acres
Price per sqft
$236
Property Type
House
Property Taxes
$469
HOA Dues
-
Year Built
1962

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (MOMLS #22035711)

Price History

Date / Event Date Event Price
Feb 26, 2021 Sold
Premium
Sold
Oct 2, 2020 Listed by Real Estate, LTD $345,000
Listed by Real Estate, LTD

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,152
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,999
  • Total Building Area: 1,460
  • Building Area: 1,460
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,460
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000253
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713202

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 69.1
  • Account Number: 00727080
  • District: 07
  • Parcel: 07 01421- 10-00001
  • Block: 1421.10
  • Lot: 1
  • Municipality: BRICK TWP
  • Latitude: 40.1133
  • Longitude: -74.125

    Address

  • Full Address: 1150 Sally Ike Rd
  • Address - House Number: 1150
  • Address - Street Name: Sally Ike
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Brick
  • Carrier Code: C056
  • 4-Digit Zip Code: 1028
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $594,116

    Appraisal Valuation

  • Standard Deviation: 0.2135
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 452,989
  • High Value: 549,741
  • Low Value: 356,236

    Market Valuation

  • Market Total Value: $242,200
  • Market Land Value: $119,900
  • Market Improvement Value: $122,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $242,200
  • Assessed Land Value: $119,900
  • Assessed Improvements Value: $122,300

    Sales

  • Current Sale Contract Date: Feb 23, 2021
  • Current Sale Recording Date: Mar 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021034779
  • Previous Sale Recording Date: Feb 28, 2007
  • Previous Sale Contract Date: Feb 06, 2007
  • Previous Sale Amount: $333,000
  • Previous Sale Document Type: 12
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ocean

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$303

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1598 ft²

Average Home Age

29.1 years

Currently For Sale

4374 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 504 4th Avenue, Brick, NJ, 08724

$5,500 /mo

  • 5 Beds
  • 3 Baths
  • 2,414 ft²
504 4th Avenue, Brick, NJ, 08724 Listing by Patricia A Clark

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Tina Pilot, Real Estate, LTD
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22035711
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1150 Sally Ike Road built and last sold?
The property at 1150 Sally Ike Road was built in 1962 and last sold on Feb 23, 2021 for $350,000.
How much is this home worth?
The estimated value of the home located at 1150 Sally Ike Road is $0.
What are some comparable homes to 1150 Sally Ike Road?
There are currently no comparable homes to 1150 Sally Ike Road.
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