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Ocean 08724
2105 Lanes Mill Road
$263,500
● House - Off Market

2105 Lanes Mill Road

Brick, NJ 08724
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,100 Ft²
$524,233
RealtyHop Estimate
90.63%
Since Apr 1, 2014
National-US
Primary Model

About This Property

MINT CONDITION HOME LOCATED IN THE STONE MILL SECTION OF HERBERTSVILLE. HOME FEATURES AN OPEN FLOOR PLAN WITH A TWO STORY FOYER, LARGE LIVING ROOM, FORMAL DINING ROOM, EAT-IN KITCHEN WITH A BREAKFAST NOOK, FAMILY ROOM WITH SLIDERS LEADING OUT TO THE FULLY FENCED YARD WITH A BEAUTIFUL IN-GROUND POOL. A LARGE MASTER BEDROOM SUITE, TWO OTHER GOOD SIZED BEDROOMS, A FULL ''SPOTLESS'' BASEMENT, TWO CAR GARAGE AND A THIRD FULL SIZE DETACHED GARAGE. CLOSE TO SCHOOLS, PUBLIC TRANSPORTATION, AND THE GSP!!
Unit Size
2,100 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$131
Property Type
House
Property Taxes
$538
HOA Dues
-
Year Built
1993

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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: 3 years ago (MOMLS #21305927)

Price History

Date / Event Date Event Price
Mar 19, 2014 Sold
Premium
Sold
Feb 22, 2013 Listed by Gloria Nilson & Co. Real Estate $275,000
Listed by Gloria Nilson & Co. Real Estate

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • 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: 1,050
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,070
  • Total Building Area: 2,066
  • Building Area: 2,066
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,066
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000323
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713203

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: TAX MAP 63.4
  • Account Number: 00729583
  • District: 07
  • Parcel: 07 01386- 06-00001
  • Block: 1386.06
  • Lot: 1
  • Municipality: BRICK TWP
  • Latitude: 40.1063
  • Longitude: -74.1257

    Address

  • Full Address: 2105 Lanes Mill Rd
  • Address - House Number: 2105
  • Address - Street Name: Lanes Mill
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Brick
  • Carrier Code: R002
  • 4-Digit Zip Code: 1407
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $698,124

    Appraisal Valuation

  • Standard Deviation: 0.2135
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 556,594
  • High Value: 675,475
  • Low Value: 437,713

    Market Valuation

  • Market Total Value: $284,600
  • Market Land Value: $113,400
  • Market Improvement Value: $171,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $284,600
  • Assessed Land Value: $113,400
  • Assessed Improvements Value: $171,200

    Sales

  • Current Sale Contract Date: Mar 19, 2014
  • Current Sale Recording Date: May 28, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2014044676
  • Previous Sale Recording Date: Aug 26, 1996
  • Previous Sale Contract Date: Aug 02, 1996
  • Previous Sale Amount: $163,300
  • 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

0.16%

Average Days on Market

73

Average Home Size

1583 ft²

Average Home Age

32.5 years

Currently For Sale

3087 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 18 Arlyn Drive, Howell, NJ, 07731

$3,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,280 ft²
18 Arlyn Drive, Howell, NJ, 07731 Listing by Danielle Petrocelli
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: Carol A Scott, Gloria Nilson & Co. Real Estate
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21305927
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 2105 Lanes Mill Road built and last sold?
The property at 2105 Lanes Mill Road was built in 1993 and last sold on Mar 19, 2014 for $263,500.
How much is this home worth?
The estimated value of the home located at 2105 Lanes Mill Road is $298,143.
What are some comparable homes to 2105 Lanes Mill Road?
There are currently no comparable homes to 2105 Lanes Mill Road.
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