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Ocean 08724
1584 Fort Street
$670,000
● House - Off Market

1584 Fort Street

Brick, NJ 08724
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,560 Ft²
$4,165
Est. Monthly
6.49%
Cap Rate

About This Property

When it's time to trade up; but don't want to break the budget, this home is the perfect choice.  The four-bedroom, Center Hall Colonial is the preferred style for Buyers who are looking for privacy and versatility with ample room for everyone.  Built in 2004, there is over 2,500 square feet of living space plus a full, finished basement and a large, two car garage.  It has been well maintained and upgraded with thoughtful touches such as whole house ethernet and extra soundproofing. The location is convenient to everything in a popular neighborhood where you can comfortably live for many years. The spacious rear yard has room for your garden, additional landscaping, or even a pool.
Unit Size
2,560 Ft²
Days on Market
96 days
Land Size
0.34 acres
Price per sqft
$262
Property Type
House
Property Taxes
$875
HOA Dues
-
Year Built
2005

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #22332083)

Price History

Date / Event Date Event Price
Feb 23, 2024 Sold
Premium
Sold
Nov 19, 2023 Listed by Berkshire Hathaway HomeServices Fox & Roach - Spring Lake $669,900
Listed by Berkshire Hathaway HomeServices Fox & Roach - Spring Lake

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 1,144
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,560
  • Building Area: 2,560
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,560
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: L2-4

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713402

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 45.2
  • Account Number: 00414732
  • District: 07
  • Parcel: 07 00823-0000-00001
  • Block: 823
  • Lot: 1
  • Municipality: BRICK TWP
  • Latitude: 40.0762
  • Longitude: -74.1395

    Address

  • Full Address: 1584 Fort St
  • Address - House Number: 1584
  • Address - Street Name: Fort
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Brick
  • Carrier Code: C075
  • 4-Digit Zip Code: 2925
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,050,363

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 740,154
  • High Value: 883,371
  • Low Value: 596,938

    Market Valuation

  • Market Total Value: $430,300
  • Market Land Value: $120,500
  • Market Improvement Value: $309,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $430,300
  • Assessed Land Value: $120,500
  • Assessed Improvements Value: $309,800

    Sales

  • Current Sale Contract Date: Feb 22, 2024
  • Current Sale Recording Date: Mar 08, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 17260
  • Previous Sale Recording Date: Feb 24, 2005
  • Previous Sale Contract Date: Feb 01, 2005
  • Previous Sale Amount: $439,900
  • Previous Sale Document Type: 27
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:

$499,900

Sale Price/ft²

$306

Above Asking

0.16%

Average Days on Market

73

Average Home Size

1578 ft²

Average Home Age

32.5 years

Currently For Sale

3055 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 18 Arlyn Drive, Howell, NJ, 07731

$3,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,280 ft²
18 Arlyn Drive, Howell, NJ, 07731 Listing by Danielle Petrocelli

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Marilyn Jacobson, Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22332083
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 1584 Ft Street built and last sold?
The property at 1584 Ft Street was built in 2005 and last sold on Feb 22, 2024 for $670,000.
How much is this home worth?
The estimated value of the home located at 1584 Ft Street is $686,642.
What are some comparable homes to 1584 Ft Street?
There are currently no comparable homes to 1584 Ft Street.
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