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Ocean
3 Riverview Drive
$467,000
● House - Off Market

3 Riverview Drive

Brick, NJ 08723
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,690 Ft²
$658,610
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

NEW CONSTRUCTION! Beautifully crafted 4 bedroom home, sits on an oversized corner lot in a quiet waterfront community.  Hardwood floors, beautiful open stairway, Master bedroom with double sinks and soaking tub. Wonderful entertaining space with a great room off the kitchen. Granite counter tops, beautiful paver driveway, large front porch perfect for a cool summer drink in a rocking chair. Minutes from the best beaches, great local restaurants and seafood markets. This home is just waiting for you to make it yours!
Unit Size
2,690 Ft²
Days on Market
-
Land Size
-
Price per sqft
$177
Property Type
House
Property Taxes
$254
HOA Dues
-
Year Built
1940

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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 #22010821)

Price History

Date / Event Date Event Price
Jul 15, 2020 Sold
Premium
Sold
Mar 23, 2020 Listed by Keller Williams Realty Ocean Living $475,000
Listed by Keller Williams Realty Ocean Living
beautifully crafted 4 bedroom home, sits on an oversized corner lot in a quiet waterfront community. Hardwood floors, beautiful open stairway, Master bedroom with double sinks and soaking tub. Wonderful entertaining space with a great room off the kitchen. Granite countertops, beautiful paver driveway, large front porch perfect for a cool summer drink in a rocking chair. This home is just waiting for you to make it yours!

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 670
  • Garage Type: 7
  • Parking Space Count: 1
  • 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: 982
  • Building Area: 982
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 982
  • 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: L17

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713800

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 14.1
  • Account Number: 00101924
  • District: 07
  • Parcel: 07 00103-0000-00016
  • Block: 103
  • Lot: 16
  • Municipality: BRICK TWP
  • Latitude: 40.0459
  • Longitude: -74.0888

    Address

  • Full Address: 3 Riverview Dr
  • Address - House Number: 3
  • Address - Street Name: Riverview
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Brick
  • Carrier Code: C048
  • 4-Digit Zip Code: 5752
  • Zip Code: 08723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $958,297

    Appraisal Valuation

  • Standard Deviation: 0.1935
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 691,131
  • High Value: 824,893
  • Low Value: 557,369

    Market Valuation

  • Market Total Value: $395,500
  • Market Land Value: $132,500
  • Market Improvement Value: $263,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $395,500
  • Assessed Land Value: $132,500
  • Assessed Improvements Value: $263,000

    Sales

  • Current Sale Contract Date: Jul 15, 2020
  • Current Sale Recording Date: Jul 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020076764
  • Previous Sale Recording Date: Sep 20, 2018
  • Previous Sale Contract Date: Sep 14, 2018
  • Previous Sale Amount: $160,000
  • 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

0.00%

Average Days on Market

65

Average Home Size

1596 ft²

Average Home Age

26.7 years

Currently For Sale

4265 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

$3,800 /mo

  • 2 Beds
  • 1 Bath
2305 Oak Tree Road, Point Pleasant, NJ, 08742 Listing by Steven Houghtaling
Unit for rent at 46 Longpoint Drive, Brick, NJ, 08723

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,224 ft²
46 Longpoint Drive, Brick, NJ, 08723 Listing by Cynthia Makowski Fagan

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Kyra Staffa, Keller Williams Realty Ocean Living
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22010821
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 3 Riverview Drive built and last sold?
The property at 3 Riverview Drive was built in 1940 and last sold on Jul 15, 2020 for $467,000.
How much is this home worth?
The estimated value of the home located at 3 Riverview Drive is $0.
What are some comparable homes to 3 Riverview Drive?
There are currently no comparable homes to 3 Riverview Drive.
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