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Ocean 08724
491 Driscol Drive
$501,000
● House - Off Market

491 Driscol Drive

Brick, NJ 08724
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,562 Ft²
$3,013
Est. Monthly
5.91%
Cap Rate

About This Property

Here is your opportunity to create your own OASIS on DRISCOL DR. This 3 bedrooms, 2 bath home with a partial basement is waiting for your personal touches. Bring your imagination  Large fenced property, backyard deck, hardwood floors, family room could be a 4th bedroom. 1st floor den would make a great home office.
Unit Size
1,562 Ft²
Days on Market
38 days
Land Size
0.36 acres
Price per sqft
$320
Property Type
House
Property Taxes
$558
HOA Dues
-
Year Built
1962

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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: 12 months ago (MOMLS #22528458)

Price History

Date / Event Date Event Price
Oct 29, 2025 Sold
Premium
Sold
Sep 27, 2025 In contract -
In contract
Sep 18, 2025 Listed by Weichert Realtors-Pt.Pl.Beach $499,900
Listed by Weichert Realtors-Pt.Pl.Beach

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 468
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,751
  • Total Building Area: 1,562
  • Building Area: 1,562
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,562
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000362
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713000

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 56.1
  • Account Number: 00519126
  • District: 07
  • Parcel: 07 01067- 03-00014
  • Block: 1067.03
  • Lot: 14
  • Municipality: BRICK TWP
  • Latitude: 40.0834
  • Longitude: -74.0992

    Address

  • Full Address: 491 Driscol Dr
  • Address - House Number: 491
  • Address - Street Name: Driscol
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Brick
  • Carrier Code: C079
  • 4-Digit Zip Code: 2778
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $601,361

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 504,088
  • High Value: 601,627
  • Low Value: 406,549

    Market Valuation

  • Market Total Value: $256,600
  • Market Land Value: $137,700
  • Market Improvement Value: $118,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $256,600
  • Assessed Land Value: $137,700
  • Assessed Improvements Value: $118,900

    Exemptions

  • Widow Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 21, 2023
  • Current Sale Recording Date: Aug 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 57343
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 1527 Beaver Dam Road, Point Pleasant, NJ, 08742

$3,250 /mo

  • 4 Beds
  • 2 Baths
  • 1,580 ft²
1527 Beaver Dam Road, Point Pleasant, NJ, 08742 Listing by Christine Holt

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Kathryn A Fencik, Weichert Realtors-Pt.Pl.Beach
Last Updated: 12 months ago
Data Source: MOMMLS, MLS# 22528458
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 491 Driscol Drive built and last sold?
The property at 491 Driscol Drive was built in 1962 and last sold on Jun 21, 2023 for $11,097.
How much is this home worth?
The estimated value of the home located at 491 Driscol Drive is $0.
What are some comparable homes to 491 Driscol Drive?
There are currently no comparable homes to 491 Driscol Drive.
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