When was property at 5 Island Drive built and last sold?

The property at 5 Island Drive was built in 1980 and last sold on Oct 9, 2020 for $570,000.

How much is this home worth?

The estimated value of the home located at 5 Island Drive is $806,990.

What are some comparable homes to 5 Island Drive?

There are currently no comparable homes to 5 Island Drive.

Ocean

08724

5 Island Drive

$740,000

● Land - Off Market

5 Island Drive

Brick, NJ 08724

Studio

0 Bath

$4,842

Est. Monthly

0.42%

Cap Rate

About This Property

Unique opportunity to build your dream waterfront home in the gorgeous Cedarcroft section of Brick! With over 150' of vinyl bulkhead and easy access to the Metedeconk River, this property is a boater's dream! Seller has done a lot of the work for you already--sealed architectural plans are included in the sale (modifications needed) & many other steps for building are already done, saving you a tremendous amount of time and work! Also included are the floating docks on the property. Conveniently located near Windward Beach, restaurants, shopping, highways, beaches, & all the Jersey Shore has to offer!

Unit Size

Days on Market

244 days

Land Size

0.16 acres

Price per sqft

Property Type

Land

Property Taxes

$918

HOA Dues

Year Built

1980

Payment Calculator

Cap Rate Calculator

Last updated: 12 months ago (MOMLS #22510486)

Price History

Date / Event	Date	Event
Dec 11, 2025	Sold	Premium
Sold
Oct 28, 2025	In contract	-
In contract
Apr 11, 2025	Listed by Diane Turton, Realtors-Brick	$799,000
Listed by Diane Turton, Realtors-Brick
Oct 30, 2020	Sold	Premium
Sold
Jul 7, 2020	Listed by Keller Williams Realty Ocean Living	$579,900
Listed by Keller Williams Realty Ocean Living

	The boaters dream! Exceptional opportunity in this waterfront property located at the much sought-after northern side of the Metedeconk River in Cedarcroft AND boasts water frontage of over 150 linear feet with newer vinyl bulkheading! Nestled on a protected lagoon just seconds from open water this impressive offering presents a rare opportunity. With 5 bedrooms and 2.5 baths this home is move in ready and just awaits your personal touches. Built on pilings, the new flood quote is just $650! Expansive deck overlooks yard and the breathtaking views. Just about adjacent to Windward Beach too! The waterfront lifestyle awaits you, welcome to 5 Island Drive!
Jun 13, 2020	No longer available	-
No longer available
Jun 6, 2020	Price Decreased	$589,900 ↓ $10K (1.7%)
Price Decreased
Feb 12, 2020	Listed	$599,900
Listed

	The boaters dream! Exceptional opportunity in this waterfront property located at the much sought-after northern side of the Metedeconk in Cedarcroft AND boasts water frontage of over 150 linear feet with vinyl bulkheading! Nestled on a protected lagoon just seconds from open water this impressive offering presents a rare opportunity. With 5 bedrooms and 2.5 baths this home is move in ready and just awaits your personal touches. Built on pilings, the new flood quote is just $650! Expansive deck overlooks yard and the breathtaking views. Just about adjacent to Windward Beach too! The waterfront lifestyle awaits you, welcome to 5 Island Drive! The manager has listed the unit size as 2000 square feet.
Nov 29, 2019	No longer available	-
No longer available
Oct 31, 2019	Price Decreased	$599,900 ↓ $25K (4%)
Price Decreased
Sep 26, 2019	Listed	$624,900
Listed

	The boaters dream! Best priced waterfront property on the much sought-after northern side of the Metedeconk AND boasts the most water frontage currently available in any price range with over 150 linear feet of vinyl bulkheading! Nestled on a protected lagoon just seconds from open water this impressive offering presents a rare opportunity. With 5 bedrooms and 2.5 baths this home is move in ready and awaits your personal touches. Built on pilings, the new flood quote is just $650! Expansive deck overlooks yard and the breathtaking views. Just about adjacent to Windward Beach too! The waterfront lifestyle awaits you, welcome to 5 Island Drive! The manager has listed the unit size as 2000 square feet.

Property Highlights

Garage

Parking Available

Building Info

Overview

General

Year Built: 1980

Effective Year Built: 1980
Bedroom Count: 5
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 0
Building Quality: 0
Construction Type: 6
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 8
Roof Cover Type: 15
Floor Count: 200
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: 6,826

Total Building Area: 1,950
Building Area: 1,950
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 4
Heated Square Feet: 1,950
Heating Fuel Type: 3

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Land Acres: 0000000157
Standard Land Use Code: 1001
County Land Use Code: 2

Neighborhood

School District Name: Brick Township School District

Census Tract: 713700

Zoning

Zoning: R75

Geography

Assessors Map Reference: TAX MAP 49.3

Account Number: 00415793
District: 07
Parcel: 07 00878- 01-00001
Block: 878.01
Lot: 1
Municipality: BRICK TWP
Latitude: 40.0561
Longitude: -74.1076

Address

Full Address: 5 Island Dr

Address - House Number: 5
Address - Street Name: Island
Address - Suffix Type: Dr
State: NJ
City Name: Brick
Carrier Code: C071
4-Digit Zip Code: 4431
Zip Code: 08724

Valuation

Tax

Tax Year: 2022

Tax Amount: $1,030,347

Appraisal Valuation

Standard Deviation: 0.2085

Valuation Date: Apr 03, 2024
Confidence Score: 71
Final Value: 726,957
High Value: 878,585
Low Value: 575,329

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Amount:

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First Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $422,100

Market Land Value: $277,300
Market Improvement Value: $144,800

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $422,100
Assessed Land Value: $277,300
Assessed Improvements Value: $144,800

Sales

Current Sale Contract Date: Oct 09, 2020

Current Sale Recording Date: Nov 20, 2020
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 2020137657
Previous Sale Recording Date: Dec 27, 2016
Previous Sale Contract Date: Oct 02, 2016
Previous Sale Document Type: 27

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

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First Mortgage Loan Type:

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First Mortgage Loan Due Date:

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Ocean

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$306

Above Asking

0.23%

Average Days on Market

Average Home Size

1595 ft²

Average Home Age

35.1 years

Currently For Sale

2998 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

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$1,800 /mo

1 Bed
1 Bath
900 ft²

590 Point Avenue, Brick, NJ, 08724 Listing by Margaret Bednarczyk

Unit for rent at 601 Mistletoe Avenue, Point Pleasant, NJ, 08742

$2,000 /mo

1 Bed
1 Bath
769 ft²

601 Mistletoe Avenue #16, Point Pleasant, NJ, 08742 Listing by Kathleen Hauck

Unit for rent at 3136 Hiawatha Avenue, Point Pleasant, NJ, 08742

$3,000 /mo

3 Beds
1 Bath
1,056 ft²

3136 Hiawatha Avenue, Point Pleasant, NJ, 08742 Listing by Catherine M Steen

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Karyn Cusanelli, Diane Turton, Realtors-Brick
Last Updated: 12 months ago
Data Source: MOMMLS, MLS# 22510486

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.

5 Island Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Ocean

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions