Ocean
254 Brick Boulevard #3
$112,500
●
Commercial -
Off Market
254 Brick Boulevard #3
Brick, NJ 08723
Studio
0 Bath
$182,612
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model
About This Property
Excellent opportunity to own this first floor professional
office condominium. Very well kept office condo with plenty of
parking. Current floor plan includes a reception area, large main
office area, private executive office, kitchen, private restroom,
and lighted huge file storage walk in closet along with one smaller
walk in closet. Lobby has been recently renovated with lots of
natural light. Public restrooms on the 2nd floor. This office
condo makes it ideal for the professional individual.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
$207
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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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 #21730744)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 12, 2018 | Sold | ||
| Sold | |||
| Aug 5, 2017 | Listed by Keller Williams Realty West Monmouth | $119,000 | |
| Listed by Keller Williams Realty West Monmouth | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street, Visitor, Lighted, Paver Block
Interior Details
Flooring Type: Part Carpet, Part Wood
Slab
Exterior Details
Parcel Number: 07-00382-20-00059-0000-C03
Roof: Flat
Construction Materials: Block
Highway Frontage
Land Assessed Value: $0
Financial Details
Tax Assessed Value: $114,000
Tax Year: 2016
Tax Annual Amount: $2,483
Association Amenities: Common Area
Utilities Details
Cooling Type: Central Air
Heating Type: Hot Water
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: Mark Marchi, Keller Williams Realty West Monmouth
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21730744
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.
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21730744
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