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Ocean
529 Birch Bark Drive
$542,000
● House - Off Market

529 Birch Bark Drive

Brick, NJ 08723
bedrooms
3 Beds
bathrooms
3 Baths
$575,404
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

. This large 2,208 sqft Water Front expanded ranch is a must see! This home features a huge updated eat in kitchen, 3 bedroom w/ master offering 1 of the 3 full bathrooms and large family room. To add to this beautiful home is a full finished basement with extra bonus room w/ full bathroom and huge entraining area. Home offers 2 car attached direct entry garage, large fenced yard with inground pool and enclosed atrium. This is a must see!
Unit Size
-
Days on Market
-
Land Size
0.41 acres
Price per sqft
-
Property Type
House
Property Taxes
$949
HOA Dues
-
Year Built
1974

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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: 2 years ago (MOMLS #22218277)

Price History

Date / Event Date Event Price
Oct 1, 2022 Sold
Premium
Sold
Jun 14, 2022 Listed by C21/ Action Plus Realty $549,900
Listed by C21/ Action Plus Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 2,256
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,860
  • Total Building Area: 2,208
  • Building Area: 2,208
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,208
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000410
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: TAX MAP 34.1
  • Account Number: 00310222
  • District: 07
  • Parcel: 07 00400- 10-00014
  • Block: 400.10
  • Lot: 14
  • Municipality: BRICK TWP
  • Latitude: 40.0525
  • Longitude: -74.1519

    Address

  • Full Address: 529 Birch Bark Dr
  • Address - House Number: 529
  • Address - Street Name: Birch Bark
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Brick
  • Carrier Code: C002
  • 4-Digit Zip Code: 4928
  • Zip Code: 08723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,162,797

    Appraisal Valuation

  • Standard Deviation: 0.2116
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 673,767
  • High Value: 816,361
  • Low Value: 531,172

    Market Valuation

  • Market Total Value: $479,900
  • Market Land Value: $156,800
  • Market Improvement Value: $323,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $479,900
  • Assessed Land Value: $156,800
  • Assessed Improvements Value: $323,100

    Sales

  • Current Sale Contract Date: Sep 30, 2022
  • Current Sale Recording Date: Oct 04, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 106450
  • Previous Sale Recording Date: May 04, 2004
  • Previous Sale Contract Date: Apr 20, 2004
  • Previous Sale Amount: $575,000
  • Previous Sale Document Type: 27
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

1599 ft²

Average Home Age

29.2 years

Currently For Sale

4380 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 41 White Swan Way, Brick, NJ, 08723

$3,250 /mo

  • 2 Beds
  • 2 Baths
  • 1,473 ft²
41 White Swan Way #19, Brick, NJ, 08723 Listing by Christine Visconti

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Michael Lubrano, C21/ Action Plus Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22218277
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 Birch Bark Drive built and last sold?
The property at 529 Birch Bark Drive was built in 1974 and last sold on Sep 30, 2022 for $542,000.
How much is this home worth?
The estimated value of the home located at 529 Birch Bark Drive is $0.
What are some comparable homes to 529 Birch Bark Drive?
There are currently no comparable homes to 529 Birch Bark Drive.
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