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Ocean
24 Sunset Road
$115,000
● House - Off Market

24 Sunset Road

Brick, NJ 08723
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$176,320
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

Cedar siding adds to the charm and character of this home.  Property has a nice size backyard, finished attic and a full basement.  So many possibilities here.  Great enclosed porch for enjoying the view of nature as you relax.  Property is sold as is with buyer responsible for all inspections and certifications necessary to close title.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$327
HOA Dues
-
Year Built
1950

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 #21808179)

Price History

Date / Event Date Event Price
Apr 13, 2018 Sold
Premium
Sold
Mar 2, 2018 Listed by Linda Schroeck Rlty. Group LLC $114,900
Listed by Linda Schroeck Rlty. Group LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • 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: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,230
  • Lot Size Depth Feet: 940
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,092
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000097
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: L16-17.01

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713900

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: TAX MAP 36.3
  • Account Number: 00311844
  • District: 07
  • Parcel: 07 00610-0000-00015
  • Block: 610
  • Lot: 15
  • Municipality: BRICK TWP
  • Latitude: 40.0495
  • Longitude: -74.119

    Address

  • Full Address: 24 Sunset Rd
  • Address - House Number: 24
  • Address - Street Name: Sunset
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Brick
  • Carrier Code: C062
  • 4-Digit Zip Code: 5457
  • Zip Code: 08723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $434,444

    Appraisal Valuation

  • Standard Deviation: 0.2246
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 315,430
  • High Value: 386,290
  • Low Value: 244,571

    Market Valuation

  • Market Total Value: $179,300
  • Market Land Value: $102,300
  • Market Improvement Value: $77,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $179,300
  • Assessed Land Value: $102,300
  • Assessed Improvements Value: $77,000

    Sales

  • Current Sale Contract Date: Mar 30, 2018
  • Current Sale Recording Date: May 25, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2018051370
  • Previous Sale Recording Date: Feb 21, 2018
  • Previous Sale Contract Date: Dec 11, 2017
  • Previous Sale Amount: $101,000
  • Previous Sale Document Type: 64
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

0.19%

Average Days on Market

65

Average Home Size

1605 ft²

Average Home Age

29.4 years

Currently For Sale

4507 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 41 White Swan Way, Brick, NJ, 08723

$3,250 /mo

  • 2 Beds
  • 2 Baths
  • 1,473 ft²
41 White Swan Way #19, Brick, NJ, 08723 Listing by Christine Visconti

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Linda Schroeck, Linda Schroeck Rlty. Group LLC
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21808179
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 24 Sunset Road built and last sold?
The property at 24 Sunset Road was built in 1950 and last sold on Mar 30, 2018 for $115,000.
How much is this home worth?
The estimated value of the home located at 24 Sunset Road is $116,049.
What are some comparable homes to 24 Sunset Road?
There are currently no comparable homes to 24 Sunset Road.
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