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509 Highland Terrace

509 Highland Terrace, Brick, NJ 08723
Property in Ocean
Sold Oct 01, 2012
$305,000
$299,475 by Gateway Funding Diversified Mt
Mortgage Due Oct 01, 2042
Sold Dec 21, 2007
$410,000
$360,000 by First Interstate Financial Cor
Mortgage Due Jan 01, 2038
Local assessors in Brick, NJ have categorized 509 Highland Terrace as a residential type of property. The home was built in 1967 and is 57 years old. The property's lot size has been calculated to be 16,000 square feet. The linear feet between the front and back of the lot was measured at 1,600 ft and the front of the lot was measured at 1,000 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 509 Highland Terrace has a total of 2,352 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. The home's a forced air unit is the primary heating source and it is being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 509 Highland Terrace sold most recently in Sep 14, 2012 for a total of $305,000. If you work out the math, that's approximately a cost of $129.68 per sqft. Before that, the property was also sold for $410,000 in Dec 7, 2007. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $8,723 in taxes each year. 509 Highland Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $360,000. If we break it down further, the land itself was valued at $148,800. Improvements to the property, however, were assessed at a total of $211,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Colonial
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 16,000
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,352
  • Building Area: 2,352
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,352
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.367
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SIMKO REBECCA
  • Current Owner 2: EDELSTEIN JOSHUA
  • Previous Owner : BUNO PAUL
  • Previous Owner 2: FIORE MYRA
  • Owner Before Previous Owner: SCHUE NORMAN E
  • Owner Before Previous Owner 2: SCHUE PHYLLIS K
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 714000

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: TAX MAP 34.1
  • Account Number: 00310239
  • District: 07
  • Parcel: 07 00400- 12-00003
  • Block: 400.12
  • Lot: 3
  • Municipality: BRICK TWP
  • Latitude: 40.0535
  • Longitude: -74.1527

    Address

  • Full Address: 509 Highland Ter
  • Address - House Number: 509
  • Address - Street Name: Highland
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Brick
  • Carrier Code: C002
  • 4-Digit Zip Code: 4931
  • Zip Code: 08723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,723

    Appraisal Valuation

  • Standard Deviation: 0.2122
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 610,119
  • High Value: 739,589
  • Low Value: 480,649

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $299,475
  • First Open Lien Mortgage Lender: GATEWAY FUNDING DIVERSIFIED MT
  • First Open Lien Mortgage Recording Date: Oct 01, 2012
  • First Open Lien Mortgage Loan Amount: $299,475
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2042

    Market Valuation

  • Market Total Value: $360,000
  • Market Land Value: $148,800
  • Market Improvement Value: $211,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $360,000
  • Assessed Land Value: $148,800
  • Assessed Improvements Value: $211,200

    Sales

  • Current Sale Contract Date: Sep 14, 2012
  • Current Sale Recording Date: Oct 01, 2012
  • Current Sale Transaction ID: 1165709507
  • Current Sale Price: $305,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2012101462
  • Previous Sale Recording Date: Dec 21, 2007
  • Previous Sale Contract Date: Dec 07, 2007
  • Previous Sale Amount: $410,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: GATEWAY FUNDING DIVERSIFIED MT
  • First Mortgage Transaction Date: Oct 01, 2012
  • First Mortgage Loan Amount: $299,475
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: FIRST INTERSTATE FINANCIAL COR
  • Previous Mortgage Transaction Date: Dec 21, 2007
  • Previous Mortgage Loan Amount: $360,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2038

About Ocean



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Frequently Asked Questions

What neighborhood is 509 Highland Terrace located in?
The 509 Highland Terrace is a located in the neighborhood of Ocean in Ocean, Brick.
What is the average sales price for listings in 509 Highland Terrace?
The average sales price for units in 509 Highland Terrace is $0 currently.

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