$386,000
●
Land -
Off Market
543 Brielle Road
Manasquan, NJ 08736
Studio
0 Bath
$645,716
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model
About This Property
This property is located 3 blocks from the Manasquan Beachfront.
This is a land sale only. The photos displayed are
artist's renderings. This is an over-sized lot in an R-5
zone, but the buyer will need to secure Planning Board approval due
to the irregular shape of the lot. The copies of the plans
attached had previously been administratively approved, but the
approvals have lapsed.
Unit Size
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Days on Market
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Price per sqft
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Property Type
Land
Property Taxes
$523
HOA Dues
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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 #21818814)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 29, 2022 | Sold | ||
| Sold | |||
| Feb 2, 2022 | No longer available | - | |
| No longer available | |||
| Jan 29, 2022 | Listed by Keller Williams Realty Spring Lake | $650,000 | |
| Listed by Keller Williams Realty Spring Lake | |||
| | |||
|
Why be limited to someone else's design choices?? Here is your opportunity to build your dream beach house. Ideally located 3 blocks to beautiful Manasquan Beach and backing up to preserved land. With proper designing you can have water views of the Manasquan River, inlet and the ocean. The architectural designs shown adhere to required set backs(Plans not included in price). 142 foot deep lot gives ample space for off street parking. Imagine waking up to the sounds of the waves and watching the fireworks from your own deck. Plans designed by Lindemans Architecture give a beautiful picture of what could be. Designed home is a 4 bedroom, plus a loft/study/playroom with 3 full baths. Total square footage is 2636 not including 310 sq ft of balcony and 325 sq ft of storage.
| |||
| Jul 29, 2021 | Listed by Keller Williams Realty Spring Lake | $650,000 | |
| Listed by Keller Williams Realty Spring Lake | |||
| | |||
|
Why be limited to someone else's design choices. Here is your opportunity to build your dream beach house. Ideally located 3 blocks to beautiful Manasquan Beach and backing up to preserved land. With proper designing you can have water views of the Manasquan River, inlet and the ocean. The architectural designs shown adhere to required set backs. 142 foot deep lot gives ample space for off street parking. Imagine waking up to the sounds of the waves and watching the fireworks from your own deck. Plans designed by Lindemans Architecture give a beautiful picture of what could be. Designed home is a 4 bedroom, plus a loft/study/playroom with 3 full baths. Total square footage is 2636 not including 310 sq ft of balcony and 325 sq ft of storage.
| |||
| Jan 31, 2019 | Sold | ||
| Sold | |||
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About Manasquan
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Listed by: Richard W Wight, Ward Wight Sotheby's International Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21818814
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.
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21818814
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