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Ocean 08724
346 Needle Street
$300,000
● House - Off Market

346 Needle Street

Brick, NJ 08724
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$567,548
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model

About This Property

YOU WILL FIND QUALITY CONSTRUCTION IN THIS CUSTOM HOME BUILT BY SONS WHO WANTED ONLY THE BEST HOME FOR THEIR MOM*HOME SHOWS LIKE A MODEL-MRS.CLEAN LIVES HERE*OPEN FLOOR PLAN*NEUTRAL COLORS*DRAMATIC FOYER W/VAULTED CEILING*FORMAL LIVING ROOM-DINING ROOM COMBINATION*KITCHEN OPEN TO SPACIOUS FAMILY ROOM W/DECORATIVE TRIM & SLIDERS THAT LEADS YOU TO A FRESHLY PAINTED,SPACIOUS DECK-PLENTY OF ROOM FOR EVERYONE*MASTER BEDROOM HAS BALCONY TO SIT & RELAX*ALL BEDROOMS HAVE AMPLE CLOSET SPACE*PLENTY OF STORAGE W/2 ATTICS,ONE W/PULL DOWN STAIRS & OTHER W/ACCESS FROM BEDROOM CLOSET-2 ATTIC FANS*VERY CLEAN TWO CAR GARAGE WITH PAINTED FLOOR*TWO ZONE HOTWATER BASEBOARD HEAT*CENTRAL AIR CONDITIONING*CRAWL SPACE HAS CONCRETE FLOOR AND IS INSULATED. THIS IS A MUST SEE HOME!!CLOSE TO GSP, BEACHES & BOARDWALKS
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$519
HOA Dues
-
Year Built
1988

Payment Calculator

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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: 2 years ago (MOMLS #21529011)

Price History

Date / Event Date Event Price
Nov 4, 2015 Sold
Premium
Sold
Jul 23, 2015 Listed by Weichert Realtors-Brick $319,900
Listed by Weichert Realtors-Brick

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,593
  • Total Building Area: 2,076
  • Building Area: 2,076
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,076
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000174
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 64.1
  • Account Number: 00625376
  • District: 07
  • Parcel: 07 01232-0000-00354
  • Block: 1232
  • Lot: 354
  • Municipality: BRICK TWP
  • Latitude: 40.0992
  • Longitude: -74.1077

    Address

  • Full Address: 346 Needle St
  • Address - House Number: 346
  • Address - Street Name: Needle
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Brick
  • Carrier Code: C025
  • 4-Digit Zip Code: 1500
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $740,560

    Appraisal Valuation

  • Standard Deviation: 0.2135
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 562,454
  • High Value: 682,586
  • Low Value: 442,321

    Market Valuation

  • Market Total Value: $301,900
  • Market Land Value: $130,100
  • Market Improvement Value: $171,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $301,900
  • Assessed Land Value: $130,100
  • Assessed Improvements Value: $171,800

    Sales

  • Current Sale Contract Date: Nov 03, 2015
  • Current Sale Recording Date: Nov 06, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2015112791
  • Previous Sale Recording Date: Apr 24, 2002
  • Previous Sale Contract Date: Mar 28, 2002
  • Previous Sale Amount: $225,000
  • 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:

$499,900

Sale Price/ft²

$305

Above Asking

0.16%

Average Days on Market

73

Average Home Size

1577 ft²

Average Home Age

32.5 years

Currently For Sale

3059 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 129 Poplar Way, Brick, NJ, 08724

$3,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,660 ft²
129 Poplar Way, Brick, NJ, 08724 Listing by Luke Graham

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Roxanne Morales, Weichert Realtors-Brick
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21529011
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 346 Needle Street built and last sold?
The property at 346 Needle Street was built in 1988 and last sold on Nov 3, 2015 for $300,000.
How much is this home worth?
The estimated value of the home located at 346 Needle Street is $0.
What are some comparable homes to 346 Needle Street?
There are currently no comparable homes to 346 Needle Street.
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