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Ocean
334 Lockheed Road
$394,000
● House - Off Market

334 Lockheed Road

Brick, NJ 08723
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,338 Ft²
$418,944
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Beautiful Move In Ready Home!!!! This fantastic home offers neutral paint tones and newer flooring, kitchen is clean and bright with granite countertops and eat in dining island! Offering a split bedroom layout with private master offering vaulted ceiling and bath with it's own exit on to the large deck for warmer weather enjoyment!  The mechanicals are also newer, newer furnace, central air and hot water heater can put your mind at ease! Come see your new home before it's gone!!!
Unit Size
1,338 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$295
Property Type
House
Property Taxes
$441
HOA Dues
-
Year Built
1960

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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 #22226283)

Price History

Date / Event Date Event Price
Dec 21, 2022 Sold
Premium
Sold
Aug 17, 2022 Listed by C21/ Lawrence Realty $394,900
Listed by C21/ Lawrence Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 4
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,625
  • Total Building Area: 1,338
  • Building Area: 1,338
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,338
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000198
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 714200

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: TAX MAP 25.2
  • Account Number: 00205957
  • District: 07
  • Parcel: 07 00321- 15-00013
  • Block: 321.15
  • Lot: 13
  • Municipality: BRICK TWP
  • Latitude: 40.0353
  • Longitude: -74.1155

    Address

  • Full Address: 334 Lockheed Rd
  • Address - House Number: 334
  • Address - Street Name: Lockheed
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Brick
  • Carrier Code: C026
  • 4-Digit Zip Code: 6810
  • Zip Code: 08723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $541,056

    Appraisal Valuation

  • Standard Deviation: 0.216
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 404,943
  • High Value: 492,415
  • Low Value: 317,470

    Market Valuation

  • Market Total Value: $223,300
  • Market Land Value: $116,300
  • Market Improvement Value: $107,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $223,300
  • Assessed Land Value: $116,300
  • Assessed Improvements Value: $107,000

    Sales

  • Current Sale Contract Date: Nov 30, 2022
  • Current Sale Recording Date: Jan 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2858
  • Previous Sale Recording Date: Jun 29, 2017
  • Previous Sale Contract Date: Apr 10, 2017
  • Previous Sale Document Type: 64
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

$302

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1591 ft²

Average Home Age

24.7 years

Currently For Sale

4267 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 437 Adamston Road, Brick, NJ, 08723

$4,500 /mo

  • 3 Beds
  • 2 Baths
437 Adamston Road, Brick, NJ, 08723 Listing by Dawn M White

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Kathleen Festino, C21/ Lawrence Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22226283
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 334 Lockheed Road built and last sold?
The property at 334 Lockheed Road was built in 1960 and last sold on Nov 30, 2022 for $394,000.
How much is this home worth?
The estimated value of the home located at 334 Lockheed Road is $0.
What are some comparable homes to 334 Lockheed Road?
There are currently no comparable homes to 334 Lockheed Road.
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