See Home Value
Ocean 08724
118 Colonial Drive
$625,000
● House - Off Market

118 Colonial Drive

Brick, NJ 08724
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,449 Ft²
$3,606
Est. Monthly
5.69%
Cap Rate

About This Property

Welcome to your dream home in the highly desirable Midstreams section just down the road from the Blue Ribbon winning elementary school. This charming 3 bedroom, 2 bathroom ranch is nestled on an oversized 83x134 lot, offering a spacious & private backyard oasis, perfect for entertaining or relaxing. Enjoy summer days by the beautiful saline, heated in-ground pool, fenced in yard, patio or gazebo. Inside, you'll find a comfortable layout with generous natural light throughout, decorated out of a magazine. Offering a sun room, bonus flexroom, office, basement & more! Located just minutes from beaches, marinas, shopping, and restaurants, this home offers the perfect blend of tranquility and convenience.
Unit Size
1,449 Ft²
Days on Market
28 days
Land Size
0.25 acres
Price per sqft
$424
Property Type
House
Property Taxes
$585
HOA Dues
-
Year Built
1957

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (MOMLS #22512213)

Price History

Date / Event Date Event Price
May 28, 2025 Sold
Sold
May 3, 2025 In contract -
In contract
Apr 28, 2025 Listed by Ward Wight Sotheby's International Realty $615,000
Listed by Ward Wight Sotheby's International Realty
Oct 10, 2014 Sold
Sold
Jan 27, 2014 Listed by RE/MAX at Barnegat Bay - Toms River $253,700
Listed by RE/MAX at Barnegat Bay - Toms River
**PRICE REDUCTION SET BY BANK ** A golden opportunity to live in a home that is larger than it looks,in the Midstreams area of Brick. This Split Level home features 3 Bedrooms,Living Room, Kitchen, 2 Family Rooms, office, spare room, utility room and more! Gas Heat,Central Air, Deck,Fenced Yard and In-ground Pool! Offered below assessed value! Additional Photos and Virtual Tour to be uploaded soon! 3rd Party Approval will be required, however it has been Pre-approved and the price set by the lender.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 448
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,800
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,449
  • Building Area: 1,449
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,449
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARROWHEAD PARK SECTION 2
  • Land Acres: 0000000248
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713600

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 50.3
  • Account Number: 00516807
  • District: 07
  • Parcel: 07 00902- 20-00009
  • Block: 902.20
  • Lot: 9
  • Municipality: BRICK TWP
  • Latitude: 40.07
  • Longitude: -74.0982

    Address

  • Full Address: 118 Colonial Dr
  • Address - House Number: 118
  • Address - Street Name: Colonial
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Brick
  • Carrier Code: C001
  • 4-Digit Zip Code: 3806
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $656,874

    Appraisal Valuation

  • Standard Deviation: 0.2135
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 517,928
  • High Value: 628,550
  • Low Value: 407,305

    Market Valuation

  • Market Total Value: $269,100
  • Market Land Value: $132,700
  • Market Improvement Value: $136,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $269,100
  • Assessed Land Value: $132,700
  • Assessed Improvements Value: $136,400

    Sales

  • Current Sale Contract Date: Oct 10, 2014
  • Current Sale Recording Date: Oct 16, 2014
  • Current Sale Price:
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2014091667
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Ocean


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2305 Oak Tree Road, Point Pleasant, NJ, 08742

$3,400 /mo

  • 2 Beds
  • 1 Bath
2305 Oak Tree Road, Point Pleasant, NJ, 08742 Listing by Steven Houghtaling
Unit for rent at 501 Azalea Drive, Brick, NJ, 08724

$3,700 /mo

  • 4 Beds
  • 2 Baths
  • 1,133 ft²
501 Azalea Drive, Brick, NJ, 08724 Listing by Michael Imbriaco


Frequently Asked Questions

When was property at 118 Colonial Drive built and last sold?
The property at 118 Colonial Drive was built in 1957 and last sold on Oct 10, 2014 for $235,000.
How much is this home worth?
The estimated value of the home located at 118 Colonial Drive is $613,577.
What are some comparable homes to 118 Colonial Drive?
There are currently no comparable homes to 118 Colonial Drive.