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Ocean 08724
362 20th Avenue
$205,000
● House - Off Market

362 20th Avenue

Brick, NJ 08724
bedrooms
4 Beds
bathrooms
1 Bath
square feet
936 Ft²
$366,856
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model

About This Property

Cute cozy Cape! Bring the family to this 4 bedroom home in desirable Riviera Beach section of Herbertsville.  Nice quiet street, with an over sized yard for the kids to play. The kitchen has new counter tops, sink and plumbing.  Two bedrooms and one bath downstairs and 2 bedrooms upstairs with new carpeting on stairs and upstairs bedrooms.  Large driveway and outdoor shed for storage.  Don't miss out!
Unit Size
936 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$240
Property Type
House
Property Taxes
$387
HOA Dues
-
Year Built
1956

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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 #21646310)

Price History

Date / Event Date Event Price
Apr 13, 2017 Sold
Premium
Sold
Dec 20, 2016 Listed by Raritan Bay Realty $225,000
Listed by Raritan Bay Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 336
  • Garage Type: 0
  • Parking Space Count: 0
  • 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: 936
  • Building Area: 936
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 936
  • 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: L28-30

Neighborhood

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

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 65.1
  • Account Number: 00623616
  • District: 07
  • Parcel: 07 01290- 63-00027
  • Block: 1290.63
  • Lot: 27
  • Municipality: BRICK TWP
  • Latitude: 40.0933
  • Longitude: -74.1027

    Address

  • Full Address: 362 20th Ave
  • Address - House Number: 362
  • Address - Street Name: 20th
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Brick
  • Carrier Code: C081
  • 4-Digit Zip Code: 2221
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $532,791

    Appraisal Valuation

  • Standard Deviation: 0.222
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 407,678
  • High Value: 498,191
  • Low Value: 317,165

    Market Valuation

  • Market Total Value: $217,200
  • Market Land Value: $142,500
  • Market Improvement Value: $74,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $217,200
  • Assessed Land Value: $142,500
  • Assessed Improvements Value: $74,700

    Sales

  • Current Sale Contract Date: Apr 12, 2017
  • Current Sale Recording Date: Apr 18, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017039595

    Financing

  • First Mortgage Financing Type: FIX
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

0.23%

Average Days on Market

74

Average Home Size

1588 ft²

Average Home Age

35.2 years

Currently For Sale

3033 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 2225 Riviera Parkway, Point Pleasant, NJ, 08742

$5,000 /mo

  • 4 Beds
  • 2 Baths
2225 Riviera Parkway, Point Pleasant, NJ, 08742 Listing by Katherine F O'Hara

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Rose Strittmatter, Raritan Bay Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21646310
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 362 20th Avenue built and last sold?
The property at 362 20th Avenue was built in 1956 and last sold on Apr 12, 2017 for $205,000.
How much is this home worth?
The estimated value of the home located at 362 20th Avenue is $0.
What are some comparable homes to 362 20th Avenue?
There are currently no comparable homes to 362 20th Avenue.
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