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Ocean 08724
18 Barbara Lane
$161,200
● House - Off Market

18 Barbara Lane

Brick, NJ 08724
bedrooms
3 Beds
bathrooms
1 Bath
$288,298
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model

About This Property

THIS IS A FANNIE MAE HOMEPATH PROPERTY.GREAT THREE BEDROOM RANCH, ONE BATH, 2 CAR GARAGE. LOCATED ON A QUIET STREET, CLOSE TO AMMENITIES SUCH AS SHOPPING, HOSPITAL, AND THE GARDEN STATE PARKWAY.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$375
HOA Dues
-
Year Built
1958

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 #21518480)

Price History

Date / Event Date Event Price
Nov 12, 2015 Sold
Premium
Sold
May 12, 2015 Listed by Keller Williams Realty Monmouth/Ocean $162,500
Listed by Keller Williams Realty Monmouth/Ocean

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,500
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,000
  • Building Area: 1,000
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,000
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000241
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 75.1
  • Account Number: 00729230
  • District: 07
  • Parcel: 07 01447- 05-00017
  • Block: 1447.05
  • Lot: 17
  • Municipality: BRICK TWP
  • Latitude: 40.0967
  • Longitude: -74.1508

    Address

  • Full Address: 18 Barbara Ln
  • Address - House Number: 18
  • Address - Street Name: Barbara
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Brick
  • Carrier Code: C031
  • 4-Digit Zip Code: 7001
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $535,490

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 171,978
  • High Value: 247,349
  • Low Value: 96,606

    Market Valuation

  • Market Total Value: $218,300
  • Market Land Value: $132,300
  • Market Improvement Value: $86,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $218,300
  • Assessed Land Value: $132,300
  • Assessed Improvements Value: $86,000

    Sales

  • Current Sale Contract Date: Nov 10, 2015
  • Current Sale Recording Date: Nov 18, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2015117171
  • Previous Sale Recording Date: Jan 11, 1995
  • Previous Sale Contract Date: Dec 26, 1994
  • Previous Sale Amount: $85,000
  • 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

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MOMMLS

Listed by: Iftikhar Haq, Keller Williams Realty Monmouth/Ocean
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21518480
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 18 Barbara Lane built and last sold?
The property at 18 Barbara Lane was built in 1958 and last sold on Nov 10, 2015 for $161,200.
How much is this home worth?
The estimated value of the home located at 18 Barbara Lane is $0.
What are some comparable homes to 18 Barbara Lane?
There are currently no comparable homes to 18 Barbara Lane.
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