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Ocean 08724
457 Miller Avenue
$555,000
● House - Off Market

457 Miller Avenue

Brick, NJ 08724
bedrooms
4 Beds
bathrooms
3 Baths
$605,461
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Resort-like paradise at the jersey shore. This custom built masterpiece of design boasts granite flooring, cathedral ceilings, three full baths, crisp black kitchen cabinetry and plenty of storage plus sprawling entertaining spaces that flow inside and out. Multi decks for large gatherings, plenty of outdoor space, dog run, pool, bar w/2 tv's and outside furniture including 6 person table/high top chairs with center fire pit included. Situated on a private cul-de-sac close to GSP, trains, buses, beaches & boardwalk. Heat, AC & HWH have been replaced. Great curb appeal with paver driveway, walkway & stone fountain. Don't miss this one!
Unit Size
-
Days on Market
-
Land Size
0.20 acres
Price per sqft
-
Property Type
House
Property Taxes
$702
HOA Dues
-
Year Built
1991

Payment Calculator

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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 #22124982)

Price History

Date / Event Date Event Price
Feb 1, 2022 Sold
Premium
Sold
Jul 29, 2021 Listed by Weichert Realtors-Brick $575,000
Listed by Weichert Realtors-Brick

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 150
  • 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: 8,850
  • Lot Size Depth Feet: 1,180
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,085
  • Building Area: 2,085
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,085
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000203
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 57.3
  • Account Number: 00521210
  • District: 07
  • Parcel: 07 01068- 01-00003
  • Block: 1068.01
  • Lot: 3
  • Municipality: BRICK TWP
  • Latitude: 40.0895
  • Longitude: -74.111

    Address

  • Full Address: 457 Miller Ave
  • Address - House Number: 457
  • Address - Street Name: Miller
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Brick
  • Carrier Code: C066
  • 4-Digit Zip Code: 2157
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $872,170

    Appraisal Valuation

  • Standard Deviation: 0.2085
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 623,998
  • High Value: 754,151
  • Low Value: 493,845

    Market Valuation

  • Market Total Value: $357,300
  • Market Land Value: $165,900
  • Market Improvement Value: $191,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $357,300
  • Assessed Land Value: $165,900
  • Assessed Improvements Value: $191,400

    Sales

  • Current Sale Contract Date: Aug 16, 2010
  • Current Sale Recording Date: Aug 24, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2010076254
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

$305

Above Asking

0.16%

Average Days on Market

73

Average Home Size

1585 ft²

Average Home Age

32.3 years

Currently For Sale

3042 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 129 Poplar Way, Brick, NJ, 08724

$3,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,660 ft²
129 Poplar Way, Brick, NJ, 08724 Listing by Jessica Gross
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: Rachel Guarino, Weichert Realtors-Brick
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22124982
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 457 Miller Avenue built and last sold?
The property at 457 Miller Avenue was built in 1991 and last sold on Aug 16, 2010 for $345,000.
How much is this home worth?
The estimated value of the home located at 457 Miller Avenue is $0.
What are some comparable homes to 457 Miller Avenue?
There are currently no comparable homes to 457 Miller Avenue.
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