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Ocean 08724
596 Alabama Avenue
$380,000
● House - Off Market

596 Alabama Avenue

Brick, NJ 08724
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,800 Ft²
$422,045
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

This 4 bedroom 1.5 bath home is ready for the next owner and is move in ready.  The home features hardwood floors, eat in kitchen, family room with fireplace., laundry room and garage. The yard has ample area to enjoy the out side, has mature landscaping and shed for additional storage . Conveniently located  near all the shore attractions, shopping, and major highways for commuting
Unit Size
1,800 Ft²
Days on Market
-
Land Size
-
Price per sqft
$208
Property Type
House
Property Taxes
$483
HOA Dues
-
Year Built
1967

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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 #22126690)

Price History

Date / Event Date Event Price
Oct 7, 2021 Sold
Premium
Sold
Aug 13, 2021 Listed by Keller Williams Shore Properties $375,000
Listed by Keller Williams Shore Properties

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • 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: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,570
  • Building Area: 1,570
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,570
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: L87-89

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713202

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 69.1
  • Account Number: 00726925
  • District: 07
  • Parcel: 07 01419- 15-00086
  • Block: 1419.15
  • Lot: 86
  • Municipality: BRICK TWP
  • Latitude: 40.1106
  • Longitude: -74.1252

    Address

  • Full Address: 596 Alabama Ave
  • Address - House Number: 596
  • Address - Street Name: Alabama
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Brick
  • Carrier Code: R001
  • 4-Digit Zip Code: 1231
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $599,759

    Appraisal Valuation

  • Standard Deviation: 0.2661
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 62
  • Final Value: 468,333
  • High Value: 593,001
  • Low Value: 343,666

    Market Valuation

  • Market Total Value: $244,500
  • Market Land Value: $130,500
  • Market Improvement Value: $114,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $244,500
  • Assessed Land Value: $130,500
  • Assessed Improvements Value: $114,000

    Sales

  • Current Sale Contract Date: Oct 07, 2021
  • Current Sale Recording Date: Nov 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 158023
  • Previous Sale Recording Date: Feb 25, 2008
  • Previous Sale Contract Date: Jan 25, 2008
  • Previous Sale Amount: $299,900
  • Previous Sale Document Type: 12
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

0.19%

Average Days on Market

66

Average Home Size

1602 ft²

Average Home Age

29.8 years

Currently For Sale

4650 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 18 Arlyn Drive, Howell, NJ, 07731

$3,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,280 ft²
18 Arlyn Drive, Howell, NJ, 07731 Listing by Danielle Petrocelli
Unit for rent at 501 Azalea Drive, Brick, NJ, 08724

$3,700 /mo

  • 4 Beds
  • 2 Baths
  • 1,133 ft²
501 Azalea Drive, Brick, NJ, 08724 Listing by Michael Imbriaco

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Patric Dambroski, Keller Williams Shore Properties
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22126690
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 596 Alabama Avenue built and last sold?
The property at 596 Alabama Avenue was built in 1967 and last sold on Oct 7, 2021 for $380,000.
How much is this home worth?
The estimated value of the home located at 596 Alabama Avenue is $0.
What are some comparable homes to 596 Alabama Avenue?
There are currently no comparable homes to 596 Alabama Avenue.
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