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Ocean
242 Duck Pond Lane
$542,000
● House - Off Market

242 Duck Pond Lane

Brick, NJ 08723
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$539,741
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Stop the car!  Don't miss your opportunity to see this 4 bed 2.1 bath colonial located  on a cul de sac in the Osbornville section of Brick.  Attention to detail & impeccably kept this home is sure to impress the most finical buyer. Beautifully updated chefs kitchen with granite counter tops, stainless appliance, crown molding an a large island. Open to the dining room & family room with stunning wood burning stone fireplace.  There are 4 spacious bedrooms & the owners suite has amazing closet space & on suite. There is a bedroom on the first floor. Perfect for guests or in law suite. Outside you will enjoy a large backyard with above ground pool, volleyball court & firepit area large enough to host amazing backyard parties. Close to schools, shopping & of course the Jersey Shore.
Unit Size
-
Days on Market
-
Land Size
0.42 acres
Price per sqft
-
Property Type
House
Property Taxes
$630
HOA Dues
-
Year Built
1991

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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 #22137010)

Price History

Date / Event Date Event Price
Jan 14, 2022 Sold
Premium
Sold
Nov 17, 2021 Listed by Berkshire Hathaway HomeServices Fox & Roach - Toms River $499,000
Listed by Berkshire Hathaway HomeServices Fox & Roach - Toms River

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • 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: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,513
  • Total Building Area: 1,908
  • Building Area: 1,908
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,908
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000425
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 714200

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: TAX MAP 26
  • Account Number: 00208869
  • District: 07
  • Parcel: 07 00323- 02-00005
  • Block: 323.02
  • Lot: 5
  • Municipality: BRICK TWP
  • Latitude: 40.0375
  • Longitude: -74.1184

    Address

  • Full Address: 242 Duck Pond Ln
  • Address - House Number: 242
  • Address - Street Name: Duck Pond
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Brick
  • Carrier Code: C026
  • 4-Digit Zip Code: 6350
  • Zip Code: 08723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $781,660

    Appraisal Valuation

  • Standard Deviation: 0.2103
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 587,343
  • High Value: 710,881
  • Low Value: 463,805

    Market Valuation

  • Market Total Value: $322,600
  • Market Land Value: $149,400
  • Market Improvement Value: $173,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $322,600
  • Assessed Land Value: $149,400
  • Assessed Improvements Value: $173,200

    Sales

  • Current Sale Contract Date: Jan 04, 2022
  • Current Sale Recording Date: Feb 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 17634
  • Previous Sale Recording Date: Dec 13, 1991
  • Previous Sale Contract Date: Dec 13, 1991
  • Previous Sale Amount: $150,300
  • 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

0.23%

Average Days on Market

74

Average Home Size

1593 ft²

Average Home Age

35.1 years

Currently For Sale

2970 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 30 Channel Road, Toms River, NJ, 08753

$3,750 /mo

  • 3 Beds
  • 2 Baths
30 Channel Road, Toms River, NJ, 08753 Listing by Leigha M Gullotta-Jackson

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Lisa Hill, Berkshire Hathaway HomeServices Fox & Roach - Toms River
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22137010
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 242 Duck Pond Lane built and last sold?
The property at 242 Duck Pond Lane was built in 1991 and last sold on Jan 4, 2022 for $542,000.
How much is this home worth?
The estimated value of the home located at 242 Duck Pond Lane is $503,990.
What are some comparable homes to 242 Duck Pond Lane?
There are currently no comparable homes to 242 Duck Pond Lane.
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