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Ocean
275 Timberline Place
$246,000
● House - Off Market

275 Timberline Place

Brick, NJ 08723
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,553 Ft²
$382,103
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

Welcome to the Lake Riviera section of Brick!  This freshly painted 3 BR/2Bath ranch is waiting for it's new owners! Hardwood floors throughout, spacious bedrooms, large living room with wood burning fireplace and vaulted ceiling, formal dining room and eat-in kitchen.  Attached 2 car garage with laundry room.  Gas HW baseboard heat and central A/C.  Large, corner property.  Home needs updates to make it your own! Close to parkway, shopping, marina, parks and short drive to beaches. Start making memories!
Unit Size
1,553 Ft²
Days on Market
-
Land Size
-
Price per sqft
$160
Property Type
House
Property Taxes
$484
HOA Dues
-
Year Built
1970

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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: 2 years ago (MOMLS #21801996)

Price History

Date / Event Date Event Price
Apr 11, 2018 Sold
Premium
Sold
Jan 17, 2018 Listed by Weichert Realtors-Holmdel $249,000
Listed by Weichert Realtors-Holmdel

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,258
  • Total Building Area: 1,553
  • Building Area: 1,553
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,553
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000281
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 714000

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 33.4
  • Account Number: 00309974
  • District: 07
  • Parcel: 07 00383- 35-00026
  • Block: 383.35
  • Lot: 26
  • Municipality: BRICK TWP
  • Latitude: 40.04
  • Longitude: -74.1575

    Address

  • Full Address: 275 Timberline Pl
  • Address - House Number: 275
  • Address - Street Name: Timberline
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Brick
  • Carrier Code: C067
  • 4-Digit Zip Code: 5936
  • Zip Code: 08723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $643,064

    Appraisal Valuation

  • Standard Deviation: 0.216
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 434,785
  • High Value: 528,704
  • Low Value: 340,866

    Market Valuation

  • Market Total Value: $265,400
  • Market Land Value: $133,700
  • Market Improvement Value: $131,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $265,400
  • Assessed Land Value: $133,700
  • Assessed Improvements Value: $131,700

    Sales

  • Current Sale Contract Date: Apr 10, 2018
  • Current Sale Recording Date: Apr 17, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2018036524

    Financing

  • First Mortgage Financing Type: FIX
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

0.16%

Average Days on Market

73

Average Home Size

1578 ft²

Average Home Age

32.5 years

Currently For Sale

3055 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 305 Spirit Way, Brick, NJ, 08723

$3,600 /mo

  • 3 Beds
  • 3 Baths
305 Spirit Way, Brick, NJ, 08723 Listing by Lisa M Smith

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Katherine Dygon, Weichert Realtors-Holmdel
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21801996
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 275 Timberline Place built and last sold?
The property at 275 Timberline Place was built in 1970 and last sold on Apr 10, 2018 for $249,000.
How much is this home worth?
The estimated value of the home located at 275 Timberline Place is $264,614.
What are some comparable homes to 275 Timberline Place?
There are currently no comparable homes to 275 Timberline Place.
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