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Ocean
47 Van Ness Drive
$360,000
● House - Off Market

47 Van Ness Drive

Brick, NJ 08723
bedrooms
3 Beds
bathrooms
2 Baths
$328,666
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Welcome Home to this cute & cozy, move-in ready home in Eagle Point! With plenty of parking, large back deck and fire pit, this space is great for entertaining. Wheelchair accessible  ramp, and walking distance to waterfront views makes this property accommodating for even the pickiest buyer. The Master suite also sits separate in the back of the house with its own full master bath boasting a dual granite vanity and stand-up shower. Don't miss this opportunity to get into this desirable area!!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1965

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 #22212786)

Price History

Date / Event Date Event Price
Jun 21, 2022 Sold
Premium
Sold
Apr 30, 2022 Listed by Keller Williams Preferred Properties,Bayville $324,900
Listed by Keller Williams Preferred Properties,Bayville

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,305
  • Building Area: 1,305
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,305
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000161
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: L17-19

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713800

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 16.1
  • Account Number: 00102157
  • District: 07
  • Parcel: 07 00116- 01-00016- 01
  • Block: 116.01
  • Lot: 16.01
  • Municipality: BRICK TWP
  • Latitude: 40.0482
  • Longitude: -74.0948

    Address

  • Full Address: 47 Van Ness Dr
  • Address - House Number: 47
  • Address - Street Name: Van Ness
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Brick
  • Carrier Code: C048
  • 4-Digit Zip Code: 5760
  • Zip Code: 08723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $452,858

    Appraisal Valuation

  • Standard Deviation: 0.2246
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 407,417
  • High Value: 498,941
  • Low Value: 315,893

    Market Valuation

  • Market Total Value: $186,900
  • Market Land Value: $116,000
  • Market Improvement Value: $70,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $186,900
  • Assessed Land Value: $116,000
  • Assessed Improvements Value: $70,900

    Sales

  • Current Sale Contract Date: Jun 13, 2022
  • Current Sale Recording Date: Jun 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 73852
  • Previous Sale Recording Date: Dec 02, 2010
  • Previous Sale Contract Date: Nov 11, 2010
  • Previous Sale Amount: $208,000
  • Previous Sale Document Type: 12
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

1584 ft²

Average Home Age

32.3 years

Currently For Sale

3036 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

$3,400 /mo

  • 2 Beds
  • 1 Bath
2305 Oak Tree Road, Point Pleasant, NJ, 08742 Listing by Steven Houghtaling
Unit for rent at 97 Metedeconk Road, Brick, NJ, 08723

$3,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,612 ft²
97 Metedeconk Road, Brick, NJ, 08723 Listing by Marie Gentile

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Alyssa Giglio, Keller Williams Preferred Properties,Bayville
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22212786
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 47 Van Ness Drive built and last sold?
The property at 47 Van Ness Drive was built in 1965 and last sold on Jun 13, 2022 for $360,000.
How much is this home worth?
The estimated value of the home located at 47 Van Ness Drive is $0.
What are some comparable homes to 47 Van Ness Drive?
There are currently no comparable homes to 47 Van Ness Drive.
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