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Ocean 08724
121 Timothy Street
$216,500
● House - Off Market

121 Timothy Street

Brick, NJ 08724
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,444 Ft²
$390,134
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model

About This Property

Great opportunity to live in lovely Laurelton Heights! Spacious seven room ranch with so many possibilities! Featuring a huge open full basement, a   private 100 x 100 lot. Hardwood floors, an eat-in Kitchen w/bountiful cabinets, a wood-burning fireplace in the LR,, central air, a sunny Den, plus a bonus Florida room, a newer main bath vanity, a master bedroom with half bath, as well as an attached garage.  Convenient to schools, shopping, beaches and commuting. In need of some TLC; not a short sale.  Being sold in ''AS IS'' condition. (Oil tank is in the basement).
Unit Size
1,444 Ft²
Days on Market
-
Land Size
-
Price per sqft
$152
Property Type
House
Property Taxes
$429
HOA Dues
-
Year Built
1963

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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 #21529269)

Price History

Date / Event Date Event Price
Nov 24, 2015 Sold
Premium
Sold
Jul 27, 2015 Listed by Coldwell Banker/Robert Michael $219,900
Listed by Coldwell Banker/Robert Michael

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Bedroom Count: 3
  • 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: 1,252
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,444
  • Building Area: 1,444
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,444
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAURELTON HEIGHTS
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: L5

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713500

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: TAX MAP 47.1
  • Account Number: 00415549
  • District: 07
  • Parcel: 07 00869- 09-00004
  • Block: 869.09
  • Lot: 4
  • Municipality: BRICK TWP
  • Latitude: 40.0694
  • Longitude: -74.1168

    Address

  • Full Address: 121 Timothy St
  • Address - House Number: 121
  • Address - Street Name: Timothy
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Brick
  • Carrier Code: C052
  • 4-Digit Zip Code: 3631
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $710,819

    Appraisal Valuation

  • Standard Deviation: 0.2183
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 496,066
  • High Value: 604,396
  • Low Value: 387,737

    Market Valuation

  • Market Total Value: $291,200
  • Market Land Value: $144,000
  • Market Improvement Value: $147,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $291,200
  • Assessed Land Value: $144,000
  • Assessed Improvements Value: $147,200

    Sales

  • Current Sale Contract Date: Nov 13, 2015
  • Current Sale Recording Date: Dec 01, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2015120670
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

1602 ft²

Average Home Age

29.3 years

Currently For Sale

4474 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 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Robert Danatzko, Coldwell Banker/Robert Michael
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21529269
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 121 Timothy Street built and last sold?
The property at 121 Timothy Street was built in 1963 and last sold on Nov 13, 2015 for $216,500.
How much is this home worth?
The estimated value of the home located at 121 Timothy Street is $0.
What are some comparable homes to 121 Timothy Street?
There are currently no comparable homes to 121 Timothy Street.
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