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Ocean
6 Cardinal Avenue
$385,000
● House - Off Market

6 Cardinal Avenue

Brick, NJ 08723
bedrooms
2 Beds
bathrooms
1 Bath
$363,162
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Welcome to 6 Cardinal Ave. This IMPECCABLE ranch has been completely REMODELED! New Everything! The stunning kitchen features new shaker cabinetry with quartz countertops, a subway tile backsplash, and an all-new stainless-steel appliance package! Fully remodeled Bathroom! Gleaming hardwood throughout. Unique lighting with special attention to detail. NEW HVAC, NEW roof, NEW siding, all new doors, trim, windows, and much more!! No expense has been spared! Full unfinished basement with high ceilings! Exiting through the back, there is a tremendous, beautiful backyard for plenty of family fun time! You need to see it to believe it. Grab this one – will not last!
Unit Size
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$365
HOA Dues
-
Year Built
1955

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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 #22214105)

Price History

Date / Event Date Event Price
Jun 15, 2022 Sold
Premium
Sold
May 11, 2022 Listed by Keller Williams Shore Properties $359,000
Listed by Keller Williams Shore Properties

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 594
  • Garage Type: 0
  • Parking Space Count: 0
  • 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: 1,069
  • Building Area: 1,069
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,069
  • Heating Fuel Type: 6

    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: L124

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713800

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 16.2
  • Account Number: 00102555
  • District: 07
  • Parcel: 07 00157-0000-00123
  • Block: 157
  • Lot: 123
  • Municipality: BRICK TWP
  • Latitude: 40.0459
  • Longitude: -74.1066

    Address

  • Full Address: 6 Cardinal Ave
  • Address - House Number: 6
  • Address - Street Name: Cardinal
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Brick
  • Carrier Code: C005
  • 4-Digit Zip Code: 5534
  • Zip Code: 08723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $447,044

    Appraisal Valuation

  • Standard Deviation: 0.2719
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 61
  • Final Value: 430,814
  • High Value: 547,954
  • Low Value: 313,675

    Market Valuation

  • Market Total Value: $184,500
  • Market Land Value: $100,200
  • Market Improvement Value: $84,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $184,500
  • Assessed Land Value: $100,200
  • Assessed Improvements Value: $84,300

    Sales

  • Current Sale Contract Date: Aug 12, 2022
  • Current Sale Recording Date: Nov 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 119544
  • Previous Sale Recording Date: Jul 08, 2022
  • Previous Sale Contract Date: Jun 14, 2022
  • Previous Sale Amount: $385,000
  • 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:

$499,900

Sale Price/ft²

$306

Above Asking

0.23%

Average Days on Market

74

Average Home Size

1595 ft²

Average Home Age

35.1 years

Currently For Sale

2998 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 105 Solar Drive, Brick, NJ, 08724

$2,650 /mo

  • 4 Beds
  • 1 Bath
  • 1,108 ft²
105 Solar Drive, Brick, NJ, 08724 Listing by Rodney Davis

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Yehuda Neustadt, Keller Williams Shore Properties
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22214105
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 6 Cardinal Avenue built and last sold?
The property at 6 Cardinal Avenue was built in 1955 and last sold on Aug 12, 2022 for $385,000.
How much is this home worth?
The estimated value of the home located at 6 Cardinal Avenue is $0.
What are some comparable homes to 6 Cardinal Avenue?
There are currently no comparable homes to 6 Cardinal Avenue.
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