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Ocean 08724
293 18th Avenue
$410,000
● House - Off Market

293 18th Avenue

Brick, NJ 08724
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,400 Ft²
$391,582
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Comfortable, Cozy, 3 bedroom 1 1/2 bath Cape conveniently located just minutes away from beaches, the Garden State Parkway, I-95, restaurants, schools, and shopping. This charming home offers an open, spacious living room that leads you to a dining area that comes off of a newly renovated eat in kitchen. The kitchen has been renovated with new cabinets, countertops, and stainless-steel appliances. Washer & dryer hook up are located in a bonus room on the main floor. All 3 bedrooms along with an attic perfect for storage are on the second floor. This home is nestled on a large property perfect for celebrations and making memories. This is an estate sale, property is being sold strictly as is. C/o is the responsibility of the buyer.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$271
Property Type
House
Property Taxes
$441
HOA Dues
-
Year Built
1972

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #22304753)

Price History

Date / Event Date Event Price
Mar 31, 2023 Sold
Premium
Sold
Feb 21, 2023 Listed by Town & Country Real Estate Consultants $379,999
Listed by Town & Country Real Estate Consultants

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,400
  • Building Area: 1,400
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,400
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: L10-12

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713100

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 66.4
  • Account Number: 00624496
  • District: 07
  • Parcel: 07 01347- 23-00009
  • Block: 1347.23
  • Lot: 9
  • Municipality: BRICK TWP
  • Latitude: 40.0952
  • Longitude: -74.0979

    Address

  • Full Address: 293 18th Ave
  • Address - House Number: 293
  • Address - Street Name: 18th
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Brick
  • Carrier Code: C068
  • 4-Digit Zip Code: 1767
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $529,112

    Appraisal Valuation

  • Standard Deviation: 0.2135
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 441,480
  • High Value: 535,774
  • Low Value: 347,185

    Market Valuation

  • Market Total Value: $215,700
  • Market Land Value: $142,500
  • Market Improvement Value: $73,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $215,700
  • Assessed Land Value: $142,500
  • Assessed Improvements Value: $73,200

    Sales

  • Current Sale Contract Date: Mar 29, 2023
  • Current Sale Recording Date: Apr 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 27508
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

$305

Above Asking

0.16%

Average Days on Market

73

Average Home Size

1584 ft²

Average Home Age

32.4 years

Currently For Sale

3030 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 2305 Oak Tree Road, Point Pleasant, NJ, 08742

$3,400 /mo

  • 2 Beds
  • 1 Bath
2305 Oak Tree Road, Point Pleasant, NJ, 08742 Listing by Steven Houghtaling
Unit for rent at 501 Azalea Drive, Brick, NJ, 08724

$3,700 /mo

  • 4 Beds
  • 2 Baths
  • 1,133 ft²
501 Azalea Drive, Brick, NJ, 08724 Listing by Michael Imbriaco

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Renee Astacio, Town & Country Real Estate Consultants
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22304753
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 293 18th Avenue built and last sold?
The property at 293 18th Avenue was built in 1972 and last sold on Mar 29, 2023 for $410,000.
How much is this home worth?
The estimated value of the home located at 293 18th Avenue is $0.
What are some comparable homes to 293 18th Avenue?
There are currently no comparable homes to 293 18th Avenue.
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