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Ocean 08724
171 Riverside Drive N
$375,000
● House - Off Market

171 Riverside Drive N

Brick, NJ 08724
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$658,134
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model

About This Property

Manasquan Riverfront cap, walk out basement,  Plumbing in basement for additional bath,  House need work, adjacent lot also  available
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$888
HOA Dues
-
Year Built
1950

Payment Calculator

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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: 3 years ago (MOMLS #21800158)

Price History

Date / Event Date Event Price
Mar 23, 2018 Sold
Premium
Sold
Jan 2, 2018 Listed by ERA/ Byrne Realty $425,000
Listed by ERA/ Byrne Realty
Aug 8, 2017 Listed by ERA Byrne Realty- PtPl $425,000
Listed by ERA Byrne Realty- PtPl
Manasquan Riverfront cap, walk out basement, Plumbing in basement for additional bath, House need work, adjacent lot also available

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,152
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,100
  • Total Building Area: 1,728
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000163
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713100

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 66.2
  • Account Number: 00624103
  • District: 07
  • Parcel: 07 01323-0000-00037
  • Block: 1323
  • Lot: 37
  • Municipality: BRICK TWP
  • Latitude: 40.1003
  • Longitude: -74.0934

    Address

  • Full Address: 171 Riverside Dr N
  • Address - House Number: 171
  • Street Segment Direction: N
  • Address - Street Name: Riverside
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Brick
  • Carrier Code: C068
  • 4-Digit Zip Code: 1805
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,209,083

    Appraisal Valuation

  • Standard Deviation: 0.2563
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 63
  • Final Value: 616,261
  • High Value: 774,268
  • Low Value: 458,253

    Market Valuation

  • Market Total Value: $492,900
  • Market Land Value: $365,000
  • Market Improvement Value: $127,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $492,900
  • Assessed Land Value: $365,000
  • Assessed Improvements Value: $127,900

    Sales

  • Current Sale Contract Date: Mar 22, 2018
  • Current Sale Recording Date: Apr 24, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2018039034

    Financing

  • First Mortgage Financing Type: FIX
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

$305

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 504 4th Avenue, Brick, NJ, 08724

$5,500 /mo

  • 5 Beds
  • 3 Baths
  • 2,414 ft²
504 4th Avenue, Brick, NJ, 08724 Listing by Patricia A Clark

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Catherine M Ericksen, ERA/ Byrne Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21800158
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 171 Riverside Drive North built and last sold?
The property at 171 Riverside Drive North was built in 1950 and last sold on Mar 22, 2018 for $375,000.
How much is this home worth?
The estimated value of the home located at 171 Riverside Drive North is $0.
What are some comparable homes to 171 Riverside Drive North?
There are currently no comparable homes to 171 Riverside Drive North.
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