$774,900
●
House -
In Contract
608 Princeton Avenue
Brick, NJ 08724
4 Beds
2 Baths
1,470 Ft²
$4,460
Est. Monthly
About This Property
Discover a rare investment opportunity in the Princeton Ave section
of Brick! This well-maintained duplex sits on a conforming double
lot and offers two spacious units, each featuring 2 bedrooms, 1
full bath, beautiful hardwood floors, and their own separate washer
and dryer. Recent upgrades include a new HVAC system, providing
comfort and peace of mind for years to come. Outside, you'll find
an oversized 3-car garage with outstanding income-producing
potential, ideal for storage, workshop space, or additional rental
opportunities. Whether you're an investor looking to expand your
portfolio or an owner-occupant seeking rental income, this
versatile property offers endless possibilities in a desirable
location. Close to beaches and GSP, you won't be disappointed.
Unit Size
1,470 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$527
Property Type
House
Property Taxes
$655
HOA Dues
-
Year Built
1950
Listed By
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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 months ago (MOMLS #22620486)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 10, 2026 | In contract | - | |
| In contract | |||
| Jul 7, 2026 | Listed by Keller Williams Realty West Monmouth | $774,900 | |
| Listed by Keller Williams Realty West Monmouth | |||
| Jul 29, 2017 | Listed | $500,000 | |
| Listed | |||
| | |||
|
Classic renovated cape cod with a full basement and 3 car garage. This beautiful home sits on a conforming double lot in one of Brick's most desirable neighborhoods. What is currently a legal two family which can easily be turned back into a single family home by adding a door to access the 2nd floor, this home has a lot to offer. Perfect for an investor who would like to continue renting both apartments and keep the 3 car garage for storage or for someone who wants to use the rental income to subsidize their mortgage or turn it back to a single family home and enjoy the huge backyard, 2nd story deck and full basement that's partially finished. Use this home as you wish. Since the home is currently rented only serious pre-qualified buyers can make an appointment today.
| |||
Property Highlights
Parking Details
Has Garage
Has Open Parking
Parking Features: Driveway, Oversized
Garage Spaces: 3
Interior Details
Full Bathrooms: 2
Interior Features: Recessed Lighting
Basement: Full, Partially Finished
Exterior Details
Square Footage: 1470
Architectural Style: Detached
Year Built: 1950
Building Area Total: 1470
Levels: 2 Story
Window Features: Bay/Bow Window
Patio and Porch Features: Deck, Patio
Lot Features: Subdivided, Oversized
Lot Size Area: 0.28
Lot Size Units: Acres
Lot Size Acres: 0.28
Lot Size Square Feet: 12196.8
Lot Size Dimensions: 100 x 125
Water Source: Public
Financial Details
Tax Assessed Value: $286,700
Tax Annual Amount: $7,861
Utilities Details
Cooling Type: 2 Zoned AC
Heating Type: Natural Gas
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Baths
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HOA + Taxes
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Listed by: Brad Gardner, Keller Williams Realty West Monmouth
Last Updated: 2 months ago
Data Source: MOMMLS, MLS# 22620486
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: 2 months ago
Data Source: MOMMLS, MLS# 22620486
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Phone: 425-283-2930
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