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Ocean
18 Oakwood Drive
$205,000
● House - Off Market

18 Oakwood Drive

Brick, NJ 08723
bedrooms
3 Beds
bathrooms
1 Bath
$334,814
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

WOW!  All dressed up and awaiting it's new owner!  Very well kept 3 bedroom   1 bath  rancher with extended family room off kitchen features sliders which open to large patio area.  Very Large Fenced in Lot, storage sheds, extra long driveway. Gleaming Hardwood flooring through-out. newer windows and air conditioner.  Updated kitchen, lot's of natural light.  one of the bedrooms  has french door can be used as nursery or office.  Oversized laundry area with long counter for folding wash.  No disappointments, very well done, clean and neat!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$334
HOA Dues
-
Year Built
1957

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: 2 years ago (MOMLS #21638179)

Price History

Date / Event Date Event Price
Dec 9, 2016 Sold
Premium
Sold
Oct 1, 2016 Listed by RE/MAX Real Estate Limited - Brick $199,000
Listed by RE/MAX Real Estate Limited - Brick
WOW! All dressed up and awaiting it's new owner! Very well kept 3 bedroom 1 bath rancher with extended family room off kitchen features sliders which open to large patio area. Very Large Fenced in Lot, storage sheds, extra long driveway. Gleaming Hardwood flooring through-out. newer windows and air conditioner. Updated kitchen, lot's of natural light. one of the bedrooms has french door can be used as nursery or office. Oversized laundry area with long counter for folding wash. No disappointments, very well done, clean and neat!

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 3
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,905
  • Total Building Area: 1,044
  • Building Area: 1,044
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,044
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000273
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 41.1
  • Account Number: 00413171
  • District: 07
  • Parcel: 07 00701- 06-00007
  • Block: 701.06
  • Lot: 7
  • Municipality: BRICK TWP
  • Latitude: 40.0646
  • Longitude: -74.1487

    Address

  • Full Address: 18 Oakwood Dr
  • Address - House Number: 18
  • Address - Street Name: Oakwood
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Brick
  • Carrier Code: C020
  • 4-Digit Zip Code: 3411
  • Zip Code: 08723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $457,220

    Appraisal Valuation

  • Standard Deviation: 0.2258
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 68
  • Final Value: 385,354
  • High Value: 472,383
  • Low Value: 298,326

    Market Valuation

  • Market Total Value: $188,700
  • Market Land Value: $123,000
  • Market Improvement Value: $65,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $188,700
  • Assessed Land Value: $123,000
  • Assessed Improvements Value: $65,700

    Sales

  • Current Sale Contract Date: Dec 09, 2016
  • Current Sale Recording Date: Dec 20, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2016132173
  • Previous Sale Recording Date: Feb 14, 2011
  • Previous Sale Contract Date: Feb 03, 2011
  • Previous Sale Amount: $119,000
  • Previous Sale Document Type: 27

    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

1588 ft²

Average Home Age

32.5 years

Currently For Sale

3034 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 104 Celebration Boulevard, Brick, NJ, 08723

$3,800 /mo

  • 4 Beds
  • 2 Baths
  • 1,920 ft²
104 Celebration Boulevard #104, Brick, NJ, 08723 Listing by Niraj Parikh
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: Janet P Strzalkowski, Real Estate, LTD
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21638179
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 Oakwood Drive built and last sold?
The property at 18 Oakwood Drive was built in 1957 and last sold on Dec 9, 2016 for $205,000.
How much is this home worth?
The estimated value of the home located at 18 Oakwood Drive is $0.
What are some comparable homes to 18 Oakwood Drive?
There are currently no comparable homes to 18 Oakwood Drive.
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