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Ocean 08724
357 Jefferson Court
$429,000
● House - Off Market

357 Jefferson Court

Brick, NJ 08724
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,372 Ft²
$580,964
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Here dreams come true! This ''Herbertsville'' colonial is just beautiful. Open kitchen and family room with hardwood flooring is simply beautiful with a gas fireplace for those chilly nights Newer stainless steel appliances and family room with pre-wired surround sound and a slider to the large deck for entertaining all year long. Dining and living room completes the first floor. Four large bedrooms complete the second floor with mostly hardwood flooring. Walk up attic is a stand up attic with complete wood flooring for storage. Underground 5 zone sprinkler system, completely new vinyl fencing with two landscaping gates. New garage doors and a heated garage. Minutes away from the Monmouth County border, so close to schools, shopping , major highways and beaches.
Unit Size
2,372 Ft²
Days on Market
63 days
Land Size
0.20 acres
Price per sqft
$177
Property Type
House
Property Taxes
$663
HOA Dues
-
Year Built
2005

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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: 2 years ago (MOMLS #22014477)

Price History

Date / Event Date Event Price
Jul 10, 2020 Sold
Premium
Sold
May 8, 2020 Listed by Coldwell Banker Riviera Realty $419,000
Listed by Coldwell Banker Riviera Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 4
  • 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: 8,699
  • Total Building Area: 2,374
  • Building Area: 2,374
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,374
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: BLOCK: 1312.106 L12,13

Neighborhood

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

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 65.1
  • Account Number: 00623850
  • District: 07
  • Parcel: 07 01312- 106-00011
  • Block: 1312
  • Lot: 11
  • Municipality: BRICK TWP
  • Latitude: 40.0992
  • Longitude: -74.1023

    Address

  • Full Address: 357 Jefferson Ct
  • Address - House Number: 357
  • Address - Street Name: Jefferson
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Brick
  • Carrier Code: C081
  • 4-Digit Zip Code: 1648
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $839,416

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 601,532
  • High Value: 717,926
  • Low Value: 485,138

    Market Valuation

  • Market Total Value: $342,200
  • Market Land Value: $140,500
  • Market Improvement Value: $201,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $342,200
  • Assessed Land Value: $140,500
  • Assessed Improvements Value: $201,700

    Sales

  • Current Sale Contract Date: Jul 06, 2020
  • Current Sale Recording Date: Jul 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020079085
  • Previous Sale Recording Date: Jun 06, 2008
  • Previous Sale Contract Date: Jun 02, 2008
  • Previous Sale Amount: $427,650
  • 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

$306

Above Asking

0.16%

Average Days on Market

73

Average Home Size

1578 ft²

Average Home Age

32.5 years

Currently For Sale

3055 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

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MOMMLS

Listed by: Denise Koste, Coldwell Banker Riviera Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22014477
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 357 Jefferson Court built and last sold?
The property at 357 Jefferson Court was built in 2005 and last sold on Jul 6, 2020 for $429,000.
How much is this home worth?
The estimated value of the home located at 357 Jefferson Court is $442,682.
What are some comparable homes to 357 Jefferson Court?
There are currently no comparable homes to 357 Jefferson Court.
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