Ocean
329 Mulberry Place
$760,000
●
House -
Off Market
329 Mulberry Place
Brick, NJ 08723
5 Beds
4 Baths,
1
Half Bath
3,196 Ft²
$4,348
Est. Monthly
13.13%
Cap Rate
About This Property
329 Mulberry Place is a rare gem in the highly sought-after Lake
Riviera section of Brick, NJ. Nestled on an expansive 80 x 200 lot,
this impressive home is thoughtfully designed for
multi-generational living(two separate entrances) and the ability
to make two completely separate living spaces, offering nearly
3,200 square feet of versatile space. With 5 spacious bedrooms, 3.5
bathrooms, and two fully equipped kitchens, it provides the perfect
blend of comfort and functionality. A direct-access basement with
Bilco doors adds flexibility, while the oversized driveway,
detached two-car garage offers abundant storage and convenience.
This is more than just a home-it's a lifestyle designed for space,
comfort, and endless possibilities!
Unit Size
3,196 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$216
Property Type
House
Property Taxes
$964
HOA Dues
-
Year Built
1996
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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 #22503736)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 4, 2025 | Sold | ||
| Sold | |||
| Feb 25, 2025 | In contract | - | |
| In contract | |||
| Feb 10, 2025 | Listed by DeFelice Realty Group, LLC | $689,000 | |
| Listed by DeFelice Realty Group, LLC | |||
| Mar 31, 2022 | Sold | ||
| Sold | |||
| Sep 17, 2021 | Listed by Keller Williams Preferred Properties,Bayville | $589,900 | |
| Listed by Keller Williams Preferred Properties,Bayville | |||
| | |||
|
Need more space! Look no further, in the heart of Lake Rivera, this true Mother/Daughter has enough room for everyone. The main home first floor includes a living room dining room, large eat-in kitchen next to the family room with gas fireplace and 1/2 bath. Second floor includes 2 Large Master suites, both with full baths and large walk in closets, plus 2 additional well sized bedrooms.
The first floor Mother suite connects inside to the rest of the home but with its own exterior entrance gives plenty of privacy. With a full kitchen, living, dining area, 1 bedroom with attached full bath and plenty of closet space. Full unfinished basement with laundry and bilco doors.
Outside you'll find even more...the large deck has plenty of space for outdoor entertaining.
| |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Ocean
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Listed by: John DeFelice, DeFelice Realty Group, LLC
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22503736
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: 2 years ago
Data Source: MOMMLS, MLS# 22503736
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Phone: 425-283-2930
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