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Ocean 08724
424 17th Avenue
$485,000
● House - Off Market

424 17th Avenue

Brick, NJ 08724
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,680 Ft²
$2,992
Est. Monthly
7.14%
Cap Rate

About This Property

Fantastic opportunity to live close to the Jersey Shore in this move-in ready home! Offering wood floors for easy care, and open layout on upper level, with potential for privacy on lower level with spacious family room, bonus room could be 4th bedroom and office with room for mini kitchen set up to make entertaining a breeze! The sparkling inground pool is perfect for the warm summer days while you can entertain on the spacious deck off the second floor and patio below.  Within minutes to the beaches of the Jersey Shore, restaurants, and more, this home does not disapoint!! Come see it today!
Unit Size
1,680 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$292
Property Type
House
Property Taxes
$586
HOA Dues
-
Year Built
1975

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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 #22418414)

Price History

Date / Event Date Event Price
Mar 6, 2025 Sold
Premium
Sold
Dec 10, 2024 In contract -
In contract
Nov 26, 2024 Price Decreased $489,900
↓ $15K (3%)
Price Decreased
Nov 20, 2024 Relisted $504,900
Relisted
Nov 19, 2024 In contract -
In contract
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,680
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: L36

Neighborhood

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

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 57.1
  • Account Number: 00519556
  • District: 07
  • Parcel: 07 01083- 84-00035
  • Block: 1083.84
  • Lot: 35
  • Municipality: BRICK TWP
  • Latitude: 40.0888
  • Longitude: -74.1045

    Address

  • Full Address: 424 17th Ave
  • Address - House Number: 424
  • Address - Street Name: 17th
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Brick
  • Carrier Code: C046
  • 4-Digit Zip Code: 2646
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $692,512

    Appraisal Valuation

  • Standard Deviation: 0.2093
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 552,155
  • High Value: 667,726
  • Low Value: 436,584

    Market Valuation

  • Market Total Value: $283,700
  • Market Land Value: $135,000
  • Market Improvement Value: $148,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $283,700
  • Assessed Land Value: $135,000
  • Assessed Improvements Value: $148,700

    Sales

  • Current Sale Contract Date: Jul 23, 2018
  • Current Sale Recording Date: Aug 28, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 64
  • Current Sale Input Document Number: 2018085133
  • Previous Sale Recording Date: Jul 28, 2009
  • Previous Sale Contract Date: Jul 01, 2009
  • Previous Sale Amount: $320,000
  • 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:

$499,000

Sale Price/ft²

$302

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1592 ft²

Average Home Age

24.7 years

Currently For Sale

4267 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 2305 Oak Tree Road, Point Pleasant, NJ, 08742

$3,800 /mo

  • 2 Beds
  • 1 Bath
2305 Oak Tree Road, Point Pleasant, NJ, 08742 Listing by Steven Houghtaling
Unit for rent at 501 Azalea Drive, Brick, NJ, 08724

$3,700 /mo

  • 4 Beds
  • 2 Baths
  • 1,133 ft²
501 Azalea Drive, Brick, NJ, 08724 Listing by Michael Imbriaco

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Kathleen Festino, C21/ Lawrence Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22418414
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 424 17th Avenue built and last sold?
The property at 424 17th Avenue was built in 1975 and last sold on Jul 23, 2018 for $226,000.
How much is this home worth?
The estimated value of the home located at 424 17th Avenue is $0.
What are some comparable homes to 424 17th Avenue?
There are currently no comparable homes to 424 17th Avenue.
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