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Ocean 08724
40 Tanglewood Road
$560,000
● House - Off Market

40 Tanglewood Road

Brick, NJ 08724
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,256 Ft²
$3,408
Est. Monthly
8.02%
Cap Rate

About This Property

** ACCETPED OFFER IN ATTORNEY REVIEW** 4 bedrooms, 2 1/2 baths in the Laurelhurst Section of Brick. This home was built by the builder for his personal residence for his family. This home features 2 zone heat, 2 zone Air, and a wood burning fireplace. This home is now available for a new owner. Bring you imagination and make this home your own. Beautiful tucked away location in North Brick. Close to all major highways.
Unit Size
2,256 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$248
Property Type
House
Property Taxes
$663
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: 3 years ago (MOMLS #22409540)

Price History

Date / Event Date Event Price
Jun 12, 2024 Sold
Premium
Sold
May 20, 2024 In contract -
In contract
May 20, 2024 Relisted $559,000
Relisted
May 14, 2024 In contract -
In contract
Apr 30, 2024 Listed by Weichert Realtors-Pt.Pl.Beach $559,000
Listed by Weichert Realtors-Pt.Pl.Beach

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • 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: 1,164
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,603
  • Total Building Area: 2,256
  • Building Area: 2,256
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,256
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000243
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713500

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: TAX MAP 47.2
  • Account Number: 00415367
  • District: 07
  • Parcel: 07 00869- 27-00006
  • Block: 869.27
  • Lot: 6
  • Municipality: BRICK TWP
  • Latitude: 40.0659
  • Longitude: -74.1137

    Address

  • Full Address: 40 Tanglewood Rd
  • Address - House Number: 40
  • Address - Street Name: Tanglewood
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Brick
  • Carrier Code: C061
  • 4-Digit Zip Code: 4336
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $733,806

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 603,407
  • High Value: 720,164
  • Low Value: 486,650

    Market Valuation

  • Market Total Value: $321,100
  • Market Land Value: $144,700
  • Market Improvement Value: $176,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $321,100
  • Assessed Land Value: $144,700
  • Assessed Improvements Value: $176,400

    Exemptions

  • Senior Citizen Exemption : Yes
  • Widow Exemption: Yes
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

$303

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1596 ft²

Average Home Age

26.7 years

Currently For Sale

4260 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: Kathryn A Fencik, Weichert Realtors-Pt.Pl.Beach
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22409540
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 40 Tanglewood Road built and last sold?
The property at 40 Tanglewood Road was built in 1970 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 40 Tanglewood Road is $0.
What are some comparable homes to 40 Tanglewood Road?
There are currently no comparable homes to 40 Tanglewood Road.
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