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Ocean 08724
471 Austin Avenue
$565,522
● House - Off Market

471 Austin Avenue

Brick, NJ 08724
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,852 Ft²
$504,784
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Beautifully maintained Colonial on a gorgeous corner lot!  This 3 bedroom, 2 bath home has plenty of space!  The main level has the kitchen w/full appliance package, formal dining room, living room w/wood burning fireplace as well as a huge great room w/gas fireplace! Level 2 is your sleeping area with the master w/walk in closet and 2 additional nice sized bedrooms.  Let's not forget about the basement which is partially finished but also leaves a separate area for storage needs.  Hardwood floors throughout the entire first level and in all bedrooms! This fantastic home is all set on a beautifully landscaped, fenced property.  No disappointments, call today!
Unit Size
1,852 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$269
Property Type
House
Property Taxes
$639
HOA Dues
-
Year Built
1992

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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 #22213248)

Price History

Date / Event Date Event Price
Jun 30, 2022 Sold
Premium
Sold
May 4, 2022 Listed by Realty One Group Emerge $499,000
Listed by Realty One Group Emerge

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 608
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,117
  • Total Building Area: 1,852
  • Building Area: 1,852
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,852
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000209
  • 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: 00521707
  • District: 07
  • Parcel: 07 01068- 03-00014
  • Block: 1068.03
  • Lot: 14
  • Municipality: BRICK TWP
  • Latitude: 40.0882
  • Longitude: -74.1096

    Address

  • Full Address: 471 Austin Ave
  • Address - House Number: 471
  • Address - Street Name: Austin
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Brick
  • Carrier Code: C046
  • 4-Digit Zip Code: 5306
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $783,073

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 574,158
  • High Value: 685,255
  • Low Value: 463,061

    Market Valuation

  • Market Total Value: $320,800
  • Market Land Value: $166,500
  • Market Improvement Value: $154,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $320,800
  • Assessed Land Value: $166,500
  • Assessed Improvements Value: $154,300

    Sales

  • Current Sale Contract Date: Jun 28, 2022
  • Current Sale Recording Date: Jul 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 80043
  • Previous Sale Recording Date: Jan 22, 1993
  • Previous Sale Contract Date: Jan 22, 1993
  • Previous Sale Amount: $136,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 129 Poplar Way, Brick, NJ, 08724

$3,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,660 ft²
129 Poplar Way, Brick, NJ, 08724 Listing by Luke Graham
Unit for rent at 501 Azalea Drive, Brick, NJ, 08724

$3,600 /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: Mary Bianchi, Realty One Group Emerge
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22213248
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 471 Austin Avenue built and last sold?
The property at 471 Austin Avenue was built in 1992 and last sold on Jun 28, 2022 for $565,522.
How much is this home worth?
The estimated value of the home located at 471 Austin Avenue is $0.
What are some comparable homes to 471 Austin Avenue?
There are currently no comparable homes to 471 Austin Avenue.
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