Ocean
254 Brick Boulevard #4
$107,500
●
Commercial -
Off Market
254 Brick Boulevard #4
Brick, NJ 08723
Studio
0 Bath
$117,143
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
AMAZING OPPORTUNITY to own this 1ST floor condo in this
PROFESSIONAL building with a GREAT high traffic location! Building
fronts Brick Blvd and is the right corner unit in front. Enter into
building to SPACIOUS foyer leading to #4. As you enter into the
office, you have a reception area with desk, PLENTY of cabinets, a
LARGE sitting area w/additional cabinets & counter space. SPACIOUS
storage closet and bath are available in the reception area.
Additional SEPARATE office area is a GOOD size space with 2 large
desks and totally PRIVATE. This space has so many options,
attorney, small business, accountant, and more. USE for yourself or
purchase for investment to rent out.Make this office your own with
alterations to suit your BUSINESS! DON'T WAIT a OFFICE like this
won't LAST! CALL TODAY FOR YOUR OFFICE TOUR!
Unit Size
-
Days on Market
-
Land Size
0.05 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$167
HOA Dues
-
Year Built
-
Payment Calculator
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Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
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 #22219733)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 22, 2022 | Sold | ||
| Sold | |||
| Jun 24, 2022 | Listed by RE/MAX Revolution | $114,500 | |
| Listed by RE/MAX Revolution | |||
| Apr 22, 2022 | No longer available | - | |
| No longer available | |||
| Oct 20, 2021 | Listed by RE/MAX Award Realtors | $120,000 | |
| Listed by RE/MAX Award Realtors | |||
| | |||
|
Let's make a deal! First floor office condo in high traffic location. Perfect for attorney, small professional office. Built-ins, window treatments and most furniture included. Great condition with many updates.
| |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: On Site, Paver Block
Interior Details
Interior Features: Fluorescent, Security System
Flooring Type: Other
Exterior Details
Parcel Number: 07-00382-20-00059-0000-C04
Exterior Features: Security System
Roof: Timberline
Level, Sidewalks
Lot Size Acres: 0.05
Lot Size Square Feet: 2178
Land Assessed Value: $0
Financial Details
Tax Assessed Value: $84,700
Tax Year: 2021
Tax Annual Amount: $2,009
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: Colette A Gioia, RE/MAX Revolution
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22219733
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# 22219733
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