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Ocean 08724
275 Van Zile Road
$257,000
● House - Off Market

275 Van Zile Road

Brick, NJ 08724
bedrooms
2 Beds
bathrooms
1 Bath
square feet
999 Ft²
$380,350
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

Gorgeous move in ready, meticulously maintained and beautifully decorated 2 bedroom 1 bath home in Brick! You will love the updated kitchen with stainless appliances, Corian countertop and a built in breakfast nook. Hardwood floors throughout, a full basement with a finished room and an attached 2 car garage.  This house has it all
Unit Size
999 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$250
Property Type
House
Property Taxes
$422
HOA Dues
-
Year Built
1954

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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 #21842626)

Price History

Date / Event Date Event Price
Dec 21, 2018 Sold
Premium
Sold
Nov 1, 2018 Listed by Keller Williams Shore Properties $250,000
Listed by Keller Williams Shore Properties

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 999
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,531
  • Total Building Area: 999
  • Building Area: 999
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 999
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAJOR SUBDIVISION OF BARRETT ESTATES
  • Land Acres: 0000000540
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713300

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: TAX MAP 59.1
  • Account Number: 00520203
  • District: 07
  • Parcel: 07 01133-0000-00010- 01
  • Block: 1133
  • Lot: 10.01
  • Municipality: BRICK TWP
  • Latitude: 40.0831
  • Longitude: -74.1224

    Address

  • Full Address: 275 Van Zile Rd
  • Address - House Number: 275
  • Address - Street Name: Van Zile
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Brick
  • Carrier Code: C050
  • 4-Digit Zip Code: 2572
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $561,186

    Appraisal Valuation

  • Standard Deviation: 0.1952
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 464,666
  • High Value: 555,401
  • Low Value: 373,931

    Market Valuation

  • Market Total Value: $229,900
  • Market Land Value: $135,700
  • Market Improvement Value: $94,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $229,900
  • Assessed Land Value: $135,700
  • Assessed Improvements Value: $94,200

    Sales

  • Current Sale Contract Date: Dec 14, 2018
  • Current Sale Recording Date: Apr 01, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 21
  • Current Sale Input Document Number: 2019028983
  • Previous Sale Recording Date: Jan 07, 2019
  • Previous Sale Contract Date: Dec 14, 2018
  • Previous Sale Amount: $257,000
  • 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:

$499,000

Sale Price/ft²

$303

Above Asking

0.20%

Average Days on Market

66

Average Home Size

1602 ft²

Average Home Age

29.8 years

Currently For Sale

4664 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 1114 Sawmill Road, Brick, NJ, 08724

$3,090 /mo

  • 3 Beds
  • 1 Bath
1114 Sawmill Road #141, Brick, NJ, 08724 Listing by Dinamarie DuBois

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Diana Morgan, Keller Williams Shore Properties
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21842626
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 Van Zile Road built and last sold?
The property at 275 Van Zile Road was built in 1954 and last sold on Dec 14, 2018 for $257,000.
How much is this home worth?
The estimated value of the home located at 275 Van Zile Road is $0.
What are some comparable homes to 275 Van Zile Road?
There are currently no comparable homes to 275 Van Zile Road.
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