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Ocean 08724
529 Alexander Avenue
$650,000
● House - Off Market

529 Alexander Avenue

Brick, NJ 08724
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,000 Ft²
$633,290
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Custom Ashley Model -True Mother Daughter. A beautiful 3000 Sq. Ft. home built as a legal mother daughter. Offering a stunning one-bedroom 700 sq. ft. apartment with full kitchen, living room, dining room, full bath laundry room with newer W&D & the fireplace makes this M/D Tops in this market. As you pull up you are greeted with beautiful curb appeal both the main & M/D entrance are Armourtec Pavers w/ connecting walkways Enter the grand two-story foyer w/ sweeping staircase a formal living room w/ vaulted ceilings & dining on right and eat-in-kitchen. 2 newer furnaces & AC units, Newer 50g hot water heater, sump pump and 7-year-old roof. The deck and pool are prefect and the Generac 22KW w whole house generator make life worry free.
Unit Size
3,000 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$206
Property Type
House
Property Taxes
$810
HOA Dues
-
Year Built
1990

Payment Calculator

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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 #22214891)

Price History

Date / Event Date Event Price
Jul 1, 2022 Sold
Premium
Sold
May 17, 2022 Listed by Crossroads Realty Manchester $619,000
Listed by Crossroads Realty Manchester

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 1,300
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,319
  • Total Building Area: 2,958
  • Building Area: 2,958
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,958
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000237
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713203

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: TAX MAP 63.4
  • Account Number: 00729579
  • District: 07
  • Parcel: 07 01386- 05-00024
  • Block: 1386.05
  • Lot: 24
  • Municipality: BRICK TWP
  • Latitude: 40.1044
  • Longitude: -74.1262

    Address

  • Full Address: 529 Alexander Rd
  • Address - House Number: 529
  • Address - Street Name: Alexander
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Brick
  • Carrier Code: R002
  • 4-Digit Zip Code: 1498
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $992,729

    Appraisal Valuation

  • Standard Deviation: 0.2085
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 735,831
  • High Value: 889,310
  • Low Value: 582,352

    Market Valuation

  • Market Total Value: $404,700
  • Market Land Value: $124,400
  • Market Improvement Value: $280,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $404,700
  • Assessed Land Value: $124,400
  • Assessed Improvements Value: $280,300

    Sales

  • Current Sale Contract Date: Jun 29, 2022
  • Current Sale Recording Date: Jul 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 80260
  • Previous Sale Recording Date: Jul 14, 2000
  • Previous Sale Contract Date: May 30, 2000
  • Previous Sale Amount: $260,000
  • 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:

$499,000

Sale Price/ft²

$303

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1597 ft²

Average Home Age

29.2 years

Currently For Sale

4414 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 504 4th Avenue, Brick, NJ, 08724

$5,500 /mo

  • 5 Beds
  • 3 Baths
  • 2,414 ft²
504 4th Avenue, Brick, NJ, 08724 Listing by Patricia A Clark

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Dawn M White, Crossroads Realty Manchester
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22214891
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 529 Alexander Road built and last sold?
The property at 529 Alexander Road was built in 1990 and last sold on Jun 29, 2022 for $650,000.
How much is this home worth?
The estimated value of the home located at 529 Alexander Road is $0.
What are some comparable homes to 529 Alexander Road?
There are currently no comparable homes to 529 Alexander Road.
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