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Ocean 08724
161 Princeton Avenue
$415,000
● House - Off Market

161 Princeton Avenue

Brick, NJ 08724
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,300 Ft²
$629,274
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Lovely Princeton Ave location walk to Windward Beach, shoppIng and the parkway, long driveway can accomodate 6 cars on over a half acre. HWBB gas heat, C/A, sprinklers on well, 9ft ceilings and palladium windows on 1st floor, kitchen opens into familyroom w cathedral ceilings, 2 skylights and slider to deck with electric awning, all appliances included. Huge fenced in rear yard and a laundry shoot in master for convenience
Unit Size
2,300 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$187
Property Type
House
Property Taxes
$733
HOA Dues
-
Year Built
1991

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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 #21920914)

Price History

Date / Event Date Event Price
Nov 14, 2019 Sold
Premium
Sold
May 20, 2019 Listed by ERA/ American Towne Realty $429,900
Listed by ERA/ American Towne Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • 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: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 868
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,710
  • Total Building Area: 2,331
  • Building Area: 2,331
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,331
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000498
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: TAX MAP 46.1
  • Account Number: 00415126
  • District: 07
  • Parcel: 07 00865-0000-00022
  • Block: 865
  • Lot: 22
  • Municipality: BRICK TWP
  • Latitude: 40.0629
  • Longitude: -74.1176

    Address

  • Full Address: 161 Princeton Ave
  • Address - House Number: 161
  • Address - Street Name: Princeton
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Brick
  • Carrier Code: C061
  • 4-Digit Zip Code: 4329
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $976,157

    Appraisal Valuation

  • Standard Deviation: 0.2576
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 63
  • Final Value: 654,396
  • High Value: 822,998
  • Low Value: 485,793

    Market Valuation

  • Market Total Value: $388,700
  • Market Land Value: $200,600
  • Market Improvement Value: $188,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $388,700
  • Assessed Land Value: $200,600
  • Assessed Improvements Value: $188,100

    Sales

  • Current Sale Contract Date: Nov 13, 2019
  • Current Sale Recording Date: Nov 19, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2019117304
  • Previous Sale Recording Date: Jul 12, 2011
  • Previous Sale Contract Date: May 26, 2011
  • Previous Sale Amount: $395,000
  • 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

0.23%

Average Days on Market

74

Average Home Size

1595 ft²

Average Home Age

35.1 years

Currently For Sale

2998 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 426 Driscol Drive, Brick, NJ, 08724

$3,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,752 ft²
426 Driscol Drive, Brick, NJ, 08724 Listing by Kate Jahns
Unit for rent at 1456 Green Grove Road, Brick, NJ, 08724

$3,800 /mo

  • 4 Beds
  • 2 Baths
  • 1,786 ft²
1456 Green Grove Road, Brick, NJ, 08724 Listing by Luke Graham

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Linda Stoll, ERA/ American Towne Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21920914
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 161 Princeton Avenue built and last sold?
The property at 161 Princeton Avenue was built in 1991 and last sold on Nov 13, 2019 for $415,000.
How much is this home worth?
The estimated value of the home located at 161 Princeton Avenue is $0.
What are some comparable homes to 161 Princeton Avenue?
There are currently no comparable homes to 161 Princeton Avenue.
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