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Ocean 08724
380 18th Avenue
$310,000
● House - Off Market

380 18th Avenue

Brick, NJ 08724
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,824 Ft²
$537,935
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model

About This Property

Spacious 4 bedroom home in the desirable Herbertsville section of Brick.One floor living in this spacious sun filled home. Updates include kitchen w/ granite 2015, updated duct work 2014, French doors in Master to deck 2013, gas furnace & hot water heater 2012, Master & guest baths gutted & updated 2012 & 2016, C/A 2014,electric updated 2013,deck 2013, new windows 2014, gutters 2015,garage door 2016, front steps 2015, storm & entry door 2015, basement steps 2016.Floors are all laminate but there is hard wood underneath all of the rooms except kitchen, family room and master bedroom, baths are ceramic tile. Everything is done for you to move in, relax & enjoy this picture perfect home.
Unit Size
1,824 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$175
Property Type
House
Property Taxes
$553
HOA Dues
-
Year Built
1970

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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 #21616701)

Price History

Date / Event Date Event Price
Oct 18, 2016 Sold
Premium
Sold
Apr 28, 2016 Listed by Diane Turton, Realtors-Wall $319,000
Listed by Diane Turton, Realtors-Wall

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 816
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,198
  • Total Building Area: 1,824
  • Building Area: 1,824
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,824
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000188
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: L15

Neighborhood

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

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 57.1
  • Account Number: 00623513
  • District: 07
  • Parcel: 07 01281- 71-00014
  • Block: 1281.71
  • Lot: 14
  • Municipality: BRICK TWP
  • Latitude: 40.0914
  • Longitude: -74.1028

    Address

  • Full Address: 380 18th Ave
  • Address - House Number: 380
  • Address - Street Name: 18th
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Brick
  • Carrier Code: C081
  • 4-Digit Zip Code: 2248
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $762,393

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 558,490
  • High Value: 666,555
  • Low Value: 450,424

    Market Valuation

  • Market Total Value: $310,800
  • Market Land Value: $140,100
  • Market Improvement Value: $170,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $310,800
  • Assessed Land Value: $140,100
  • Assessed Improvements Value: $170,700

    Sales

  • Current Sale Contract Date: Oct 18, 2016
  • Current Sale Recording Date: Oct 27, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2016110886
  • Previous Sale Recording Date: May 09, 2005
  • Previous Sale Contract Date: Apr 29, 2005
  • Previous Sale Amount: $313,000
  • Previous Sale Document Type: 27

    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

0.16%

Average Days on Market

73

Average Home Size

1583 ft²

Average Home Age

32.5 years

Currently For Sale

3087 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: Colleen Dingley, Diane Turton, Realtors-Wall
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21616701
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 380 18th Avenue built and last sold?
The property at 380 18th Avenue was built in 1970 and last sold on Oct 18, 2016 for $310,000.
How much is this home worth?
The estimated value of the home located at 380 18th Avenue is $0.
What are some comparable homes to 380 18th Avenue?
There are currently no comparable homes to 380 18th Avenue.
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