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Ocean 08724
631 Meadow Run
$440,000
● House - Off Market

631 Meadow Run

Brick, NJ 08724
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,550 Ft²
$694,498
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model

About This Property

WELCOME to 631 Meadow Run, an over-sized lot on a double cul-de-sac in the Herbertsville section of Brick. Pride of ownership shows up and down the block. We offer a home with generous sized bedrooms, family room, a formal living room and a dining room. The eat in kitchen has lots of storage. In the backyard find a park like setting with an inground pool, perfect for entertaining. A unfinished basement provides storage or is ready to be finished. There are Bilco doors for basement access from the yard. A 5 year young Timberline roof, fireplace, new garage and front doors, 3.5 baths, 4 bedrooms, a mud room, underground sprinkler system are all here. The perfectly placed stunning blue spruce in the yard was the original owner's first Christmas Tree. Start making your holiday memories here.
Unit Size
2,550 Ft²
Days on Market
-
Land Size
-
Price per sqft
$179
Property Type
House
Property Taxes
$698
HOA Dues
-
Year Built
1990

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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 #21839335)

Price History

Date / Event Date Event Price
Jan 8, 2019 Sold
Premium
Sold
Oct 6, 2018 Listed by Purplebricks $457,000
Listed by Purplebricks

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,260
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,300
  • Lot Size Depth Feet: 1,730
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,534
  • Building Area: 2,534
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,534
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAJOR SUBDIVISION OF MEADOW RUN
  • Land Acres: 0000000397
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713201

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: TAX MAP 70.3
  • Account Number: 00729504
  • District: 07
  • Parcel: 07 01422- 52-00003
  • Block: 1422.52
  • Lot: 3
  • Municipality: BRICK TWP
  • Latitude: 40.1172
  • Longitude: -74.1103

    Address

  • Full Address: 631 Meadow Run
  • Address - House Number: 631
  • Address - Street Name: Meadow
  • Address - Suffix Type: Run
  • State: NJ
  • City Name: Brick
  • Carrier Code: R002
  • 4-Digit Zip Code: 5128
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $929,197

    Appraisal Valuation

  • Standard Deviation: 0.2085
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 687,358
  • High Value: 830,727
  • Low Value: 543,989

    Market Valuation

  • Market Total Value: $378,800
  • Market Land Value: $149,200
  • Market Improvement Value: $229,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $378,800
  • Assessed Land Value: $149,200
  • Assessed Improvements Value: $229,600

    Sales

  • Current Sale Contract Date: Jan 08, 2019
  • Current Sale Recording Date: Jan 23, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019006682
  • Previous Sale Recording Date: Jun 05, 2017
  • Previous Sale Contract Date: May 13, 2017
  • 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

1596 ft²

Average Home Age

26.7 years

Currently For Sale

4260 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

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MOMMLS

Listed by: Lori E Militano, Purplebricks
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21839335
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 631 Meadow Run built and last sold?
The property at 631 Meadow Run was built in 1990 and last sold on Jan 8, 2019 for $440,000.
How much is this home worth?
The estimated value of the home located at 631 Meadow Run is $0.
What are some comparable homes to 631 Meadow Run?
There are currently no comparable homes to 631 Meadow Run.
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