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Ocean 08724
1443 Forest Avenue
$445,000
● House - Off Market

1443 Forest Avenue

Brick, NJ 08724
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,755 Ft²
$651,300
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

This immaculately kept and meticulously maintained four bedroom, 2 1/2 bath center hall colonial in Brick has been completely updated for you. Upon entering the two story foyer, you will immediately feel the warmth of this home.  The updated kitchen with quartz countertops, stainless steel appliances and two pantries flows right into the spacious family room with wood burning stove.  All three bathrooms have been tastefully renovated.  Formal living room with wood burning fireplace and hardwood floors and formal dining room with hardwood floors that opens to the kitchen. Large master with private bath and three closets. Three other spacious bedrooms with generous closet space.  Inground saltwater, heated pool provides a relaxing oasis. Walkout basement is high and dry with new bilco doors.
Unit Size
2,755 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$156
Property Type
House
Property Taxes
$651
HOA Dues
-
Year Built
1980

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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: 3 years ago (MOMLS #21830284)

Price History

Date / Event Date Event Price
Oct 9, 2018 Sold
Premium
Sold
Aug 1, 2018 Listed by Weichert Realtors-Forked River $430,000
Listed by Weichert Realtors-Forked River

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,490
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,598
  • Building Area: 2,598
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,598
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEWOOD GARDENS SUBDIVISION D
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: L15,16

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713401

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 44.2
  • Account Number: 00414554
  • District: 07
  • Parcel: 07 00797-0000-00014
  • Block: 797
  • Lot: 14
  • Municipality: BRICK TWP
  • Latitude: 40.0877
  • Longitude: -74.1434

    Address

  • Full Address: 1443 Forest Ave
  • Address - House Number: 1443
  • Address - Street Name: Forest
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Brick
  • Carrier Code: C075
  • 4-Digit Zip Code: 2348
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $865,579

    Appraisal Valuation

  • Standard Deviation: 0.2579
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 63
  • Final Value: 693,733
  • High Value: 872,658
  • Low Value: 514,809

    Market Valuation

  • Market Total Value: $354,600
  • Market Land Value: $130,000
  • Market Improvement Value: $224,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $354,600
  • Assessed Land Value: $130,000
  • Assessed Improvements Value: $224,600

    Sales

  • Current Sale Contract Date: Oct 09, 2018
  • Current Sale Recording Date: Oct 18, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2018102718
  • Previous Sale Recording Date: Aug 21, 2002
  • Previous Sale Contract Date: Jun 21, 2002
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: 27

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Amount:
    Premium
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

0.19%

Average Days on Market

65

Average Home Size

1605 ft²

Average Home Age

29.4 years

Currently For Sale

4507 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

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MOMMLS

Listed by: Tina Berlinski, Weichert Realtors-Forked River
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21830284
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 1443 Forest Avenue built and last sold?
The property at 1443 Forest Avenue was built in 1980 and last sold on Oct 9, 2018 for $445,000.
How much is this home worth?
The estimated value of the home located at 1443 Forest Avenue is $0.
What are some comparable homes to 1443 Forest Avenue?
There are currently no comparable homes to 1443 Forest Avenue.
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