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Ocean 08724
22 4th Street
$469,000
● House - Off Market

22 4th Street

Brick, NJ 08724
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,968 Ft²
$490,752
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Location Location Location!  Presenting this beautiful 4 Bedroom, 2.5 Bath Bi-Level off of Princeton Avenue with water views of the Beaver Dam Creek and the Metedeconk River both in walking distance. Nestled in a quiet and friendly neighborhood, the home features a newer roof, furnace and HVAC system. (2018) Located close to many amenities including Windward Beach where you can enjoy the summer festivals, jungle gym play area & beach. Only minutes to the marina for boat lovers & close to shopping, restaurants & of course the Jersey Shore! SEE IT TODAY!
Unit Size
1,968 Ft²
Days on Market
119 days
Land Size
0.15 acres
Price per sqft
$238
Property Type
House
Property Taxes
$604
HOA Dues
-
Year Built
1985

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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 #22220433)

Price History

Date / Event Date Event Price
Oct 28, 2022 Sold
Premium
Sold
Jul 1, 2022 Listed by Keller Williams Realty Ocean Living $469,000
Listed by Keller Williams Realty Ocean Living

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • 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: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,599
  • Total Building Area: 1,968
  • Building Area: 1,968
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,968
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000151
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713700

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: TAX MAP 52.1
  • Account Number: 00517380
  • District: 07
  • Parcel: 07 00927-0000-00031- 01
  • Block: 927
  • Lot: 31.01
  • Municipality: BRICK TWP
  • Latitude: 40.058
  • Longitude: -74.0814

    Address

  • Full Address: 22 4th St
  • Address - House Number: 22
  • Address - Street Name: 4th
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Brick
  • Carrier Code: C008
  • 4-Digit Zip Code: 4808
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $740,111

    Appraisal Valuation

  • Standard Deviation: 0.2135
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 602,090
  • High Value: 730,689
  • Low Value: 473,492

    Market Valuation

  • Market Total Value: $303,200
  • Market Land Value: $146,700
  • Market Improvement Value: $156,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $303,200
  • Assessed Land Value: $146,700
  • Assessed Improvements Value: $156,500

    Sales

  • Current Sale Contract Date: Oct 28, 2022
  • Current Sale Recording Date: Nov 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 116801
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

0.24%

Average Days on Market

73

Average Home Size

1585 ft²

Average Home Age

32.3 years

Currently For Sale

3005 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 197 Bridge Avenue, Point Pleasant, NJ, 08742

$4,100 /mo

  • 4 Beds
  • 2 Baths
  • 1,504 ft²
197 Bridge Avenue, Point Pleasant, NJ, 08742 Listing by Marybeth McGee

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Samantha Vallone, Keller Williams Realty Ocean Living
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22220433
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 22 4th Street built and last sold?
The property at 22 4th Street was built in 1985 and last sold on Oct 28, 2022 for $469,000.
How much is this home worth?
The estimated value of the home located at 22 4th Street is $0.
What are some comparable homes to 22 4th Street?
There are currently no comparable homes to 22 4th Street.
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