Ocean
254 Brick Boulevard #2
$123,000
●
Commercial -
Off Market
254 Brick Boulevard #2
Brick, NJ 08723
Studio
0 Bath
$165,332
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
Excellent Opportunity to own this first floor professional office
condo in a very desirable location. Waiting area already
established that fits several chairs. As you enter through the door
you will have access to a reception area with a desk and cabinets,
along with a another separate large area with storage & counter
space. Two spacious rooms with sinks and counter tops already in
place, previously used as a medical office and also a ADA compliant
restroom inside the suite. Don't forget about the extra space in
front which could be a conference room. Solid wood doors and blinds
on all windows. Make this space your successful business before
it's two late!!!!
Unit Size
-
Days on Market
-
Land Size
0.07 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$231
HOA Dues
-
Year Built
-
Payment Calculator
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Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
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Operating Profit Per Year
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 #22028384)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 20, 2021 | Sold | ||
| Sold | |||
| Aug 13, 2020 | Listed by Keller Williams Preferred Properties,Bayville | $139,000 | |
| Listed by Keller Williams Preferred Properties,Bayville | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: On Site, Paver Block
Exterior Details
Parcel Number: 07-00382-20-00059-0000-C02
Roof: Timberline
Level, Sidewalks
Lot Size Acres: 0.07
Lot Size Square Feet: 3049.2
Land Assessed Value: $0
Financial Details
Tax Assessed Value: $120,100
Tax Year: 2019
Tax Annual Amount: $2,766
Association Fee Includes: Common Area, Exterior Maintenance
Association Amenities: Common Area
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer Information: Public Sewer
Water Source: Public
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/04/2024
|
Loft
|
-
|
-
|
$375,000
Loft
-
|
$300,000
-20.00%
12/27/2024
|
Kenneth Duncan
RE/MAX Revolution
| |
|
06/29/2022
|
Loft
|
-
|
-
|
$89,000
Loft
-
|
$70,000
-21.35%
10/26/2022
|
Nicole Chopp
Goldstone Realty
| |
|
06/29/2022
|
Loft
|
-
|
-
|
$89,000
Loft
-
|
$70,000
-21.35%
10/26/2022
|
Nicole Chopp
Goldstone Realty
| |
|
06/24/2022
|
Loft
|
-
|
-
|
$114,500
Loft
-
|
$107,500
-6.11%
07/22/2022
|
Colette Gioia
RE/MAX Real Estate Limited - Brick
| |
|
10/25/2021
|
Loft
|
-
|
-
|
$99,000
Loft
-
|
-
-
|
Alissa Lardiere
CARA Realtors
| |
|
10/20/2021
|
Loft
|
-
|
-
|
$120,000
Loft
-
|
-
-
|
Roxanne D'Amore
RE/MAX Award Realtors
| |
|
08/13/2020
|
Loft
|
-
|
-
|
$139,000
Loft
-
|
$123,000
-11.51%
05/20/2021
|
Marla Naputano
Keller Williams Realty Preferred Properties
| |
|
08/05/2017
|
Loft
|
-
|
-
|
$119,000
Loft
-
|
$112,500
-5.46%
04/12/2018
|
Mark Marchi
Keller Williams Realty West Monmouth
| |
|
01/09/2016
|
Loft
|
-
|
-
|
$89,000
Loft
-
|
$45,000
-49.44%
11/15/2016
|
Suzanne Liguori
Realty One Group Emerge
| |
|
01/09/2016
|
Loft
|
-
|
-
|
$99,000
Loft
-
|
$45,000
-54.55%
11/15/2016
|
Suzanne Liguori
Realty One Group Emerge
| |
|
03/25/2014
|
Loft
|
-
|
-
|
$89,900
Loft
-
|
$85,000
-5.45%
10/04/2014
|
Bernard Czech
Crossroads Realty Manchester
|
Building Info
About Ocean
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Listed by: Marla A Naputano, Keller Williams Preferred Properties,Bayville
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22028384
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The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22028384
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