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Ocean
48 Pacific Ocean Drive
$137,000
● House - Off Market

48 Pacific Ocean Drive

Brick, NJ 08723
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,035 Ft²
$260,908
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model
Unit Size
1,035 Ft²
Days on Market
-
Land Size
-
Price per sqft
$145
Property Type
House
Property Taxes
$383
HOA Dues
-
Year Built
1972

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #21600438)

Price History

Date / Event Date Event Price
Mar 3, 2016 Sold
Premium
Sold
Jan 5, 2016 Listed by Ridge Realty $149,900
Listed by Ridge Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,035
  • Building Area: 1,035
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,035
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAYWOOD
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: L28

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 714300

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 21.1
  • Account Number: 00103302
  • District: 07
  • Parcel: 07 00210- 32-00027
  • Block: 210.32
  • Lot: 27
  • Municipality: BRICK TWP
  • Latitude: 40.0274
  • Longitude: -74.0977

    Address

  • Full Address: 48 Pacific Ocean Dr
  • Address - House Number: 48
  • Address - Street Name: Pacific Ocean
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Brick
  • Carrier Code: C041
  • 4-Digit Zip Code: 7648
  • Zip Code: 08723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $391,072

    Appraisal Valuation

  • Standard Deviation: 0.2246
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 350,031
  • High Value: 428,664
  • Low Value: 271,399

    Market Valuation

  • Market Total Value: $161,400
  • Market Land Value: $85,000
  • Market Improvement Value: $76,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $161,400
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $76,400
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

32.4 years

Currently For Sale

3030 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 87 Captains Court, Brick, NJ, 08723

$3,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,216 ft²
87 Captains Court, Brick, NJ, 08723 Listing by Gabriela Flanagan

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Mitchell Halka, Ridge Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21600438
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 48 Pacific Ocean Drive built and last sold?
The property at 48 Pacific Ocean Drive was built in 1972 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 48 Pacific Ocean Drive is $0.
What are some comparable homes to 48 Pacific Ocean Drive?
There are currently no comparable homes to 48 Pacific Ocean Drive.
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