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Ocean 08724
21 Harmony Lane
$640,000
● House - Off Market

21 Harmony Lane

Brick, NJ 08724
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,296 Ft²
$630,055
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Nestled on a quiet lane in the highly desirable Princeton Avenue section near the Metedeconk River, you'll discover this charming Colonial home.  You're greeted by a beautifully landscaped front yard.  Indoors, the center hall separates the large Dining Room, with its hardwood floors, from the comfortable Living Room.  The Family Room is anchored by a cozy fireplace.  The large eat-in Kitchen is flooded with sunlight.  There are 3 large BRs and a full Bath on the second level with expansion possibilities.  The finished basement will host billiard games and family fun.  Set on a perfectly manicured lot with an in-ground pool & expansive patio, outdoor entertaining has never been so good.  You're going to love this quiet, friendly neighborhood!
Unit Size
2,296 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$274
Property Type
House
Property Taxes
$789
HOA Dues
-
Year Built
1974

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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 #22312954)

Price History

Date / Event Date Event Price
Jun 29, 2023 Sold
Premium
Sold
May 14, 2023 Listed by Ward Wight Sotheby's International Realty $629,000
Listed by Ward Wight Sotheby's International Realty

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Bedroom Count: 3
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,304
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,299
  • Total Building Area: 2,296
  • Building Area: 2,296
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,296
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000259
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: 29

Neighborhood

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

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 47.2
  • Account Number: 00415288
  • District: 07
  • Parcel: 07 00869- 23-00028
  • Block: 869.23
  • Lot: 28
  • Municipality: BRICK TWP
  • Latitude: 40.0655
  • Longitude: -74.1174

    Address

  • Full Address: 21 Harmony Ln
  • Address - House Number: 21
  • Address - Street Name: Harmony
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Brick
  • Carrier Code: C061
  • 4-Digit Zip Code: 4347
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $946,620

    Appraisal Valuation

  • Standard Deviation: 0.2085
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 673,928
  • High Value: 814,495
  • Low Value: 533,360

    Market Valuation

  • Market Total Value: $387,800
  • Market Land Value: $168,800
  • Market Improvement Value: $219,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $387,800
  • Assessed Land Value: $168,800
  • Assessed Improvements Value: $219,000

    Sales

  • Current Sale Contract Date: Jun 29, 2023
  • Current Sale Recording Date: Jul 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 52858
  • Previous Sale Recording Date: Aug 20, 2001
  • Previous Sale Contract Date: Aug 13, 2001
  • Previous Sale Amount: $255,000
  • 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:

$499,000

Sale Price/ft²

$303

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1599 ft²

Average Home Age

29.2 years

Currently For Sale

4380 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 222 17th Avenue, Brick, NJ, 08724

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,252 ft²
222 17th Avenue, Brick, NJ, 08724 Listing by Lorraine Stagliano
Unit for rent at 501 Azalea Drive, Brick, NJ, 08724

$3,700 /mo

  • 4 Beds
  • 2 Baths
  • 1,133 ft²
501 Azalea Drive, Brick, NJ, 08724 Listing by Michael Imbriaco

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Michael Skea, Ward Wight Sotheby's International Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22312954
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 21 Harmony Lane built and last sold?
The property at 21 Harmony Lane was built in 1974 and last sold on Jun 29, 2023 for $640,000.
How much is this home worth?
The estimated value of the home located at 21 Harmony Lane is $0.
What are some comparable homes to 21 Harmony Lane?
There are currently no comparable homes to 21 Harmony Lane.
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