For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Ocean
723 Eastern Lane
$227,000
● House - Off Market

723 Eastern Lane

Brick, NJ 08723
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,078 Ft²
$370,479
RealtyHop Estimate
68.48%
Since Dec 1, 2016
National-US
Primary Model

About This Property

Sunny and cheerful ranch with three bedrooms, two full baths and a finished basement with two additional rooms is sparkling clean and truly move in ready. Updates include newly re-finished hardwood floors which flow through the open plan living space, a fresh coat of paint throughout, newer windows, roof and siding. Front yard is neatly landscaped and the private and spacious rear sun room provides views of the scenic rear yard which is backed by protected lands. Plenty of storage in the outside shed and fully floored attic space. Driveway is large enough to accommodate four cars. Conveniently located in a waterfront neighborhood within walking distance to a park and just a quick ride to shopping and ocean beaches.
Unit Size
1,078 Ft²
Days on Market
-
Land Size
-
Price per sqft
$204
Property Type
House
Property Taxes
$385
HOA Dues
-
Year Built
1961

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #21631234)

Price History

Date / Event Date Event Price
Nov 23, 2016 Sold
Premium
Sold
Aug 7, 2016 Listed by Childers Sotheby's Int Realty $219,900
Listed by Childers Sotheby's Int Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1,091
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,091
  • Building Area: 1,091
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,091
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713900

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 39.1
  • Account Number: 00412901
  • District: 07
  • Parcel: 07 00680-0000-00011
  • Block: 680
  • Lot: 11
  • Municipality: BRICK TWP
  • Latitude: 40.0548
  • Longitude: -74.1255

    Address

  • Full Address: 723 Eastern Ln
  • Address - House Number: 723
  • Address - Street Name: Eastern
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Brick
  • Carrier Code: C077
  • 4-Digit Zip Code: 4209
  • Zip Code: 08723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $527,487

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 392,084
  • High Value: 467,951
  • Low Value: 316,218

    Market Valuation

  • Market Total Value: $217,700
  • Market Land Value: $125,000
  • Market Improvement Value: $92,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $217,700
  • Assessed Land Value: $125,000
  • Assessed Improvements Value: $92,700

    Sales

  • Current Sale Contract Date: Nov 22, 2016
  • Current Sale Recording Date: Jan 10, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017003034
  • Previous Sale Recording Date: Jun 28, 1996
  • Previous Sale Contract Date: Jun 21, 1996
  • Previous Sale Amount: $77,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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

$305

Above Asking

0.16%

Average Days on Market

73

Average Home Size

1584 ft²

Average Home Age

32.5 years

Currently For Sale

3052 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 104 Celebration Boulevard, Brick, NJ, 08723

$3,800 /mo

  • 4 Beds
  • 2 Baths
  • 1,920 ft²
104 Celebration Boulevard #104, Brick, NJ, 08723 Listing by Niraj Parikh
Unit for rent at 97 Metedeconk Road, Brick, NJ, 08723

$3,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,612 ft²
97 Metedeconk Road, Brick, NJ, 08723 Listing by Marie Gentile

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Cynthia Stiles, Childers Sotheby's Int Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21631234
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 723 Eastern Lane built and last sold?
The property at 723 Eastern Lane was built in 1961 and last sold on Nov 22, 2016 for $227,000.
How much is this home worth?
The estimated value of the home located at 723 Eastern Lane is $0.
What are some comparable homes to 723 Eastern Lane?
There are currently no comparable homes to 723 Eastern Lane.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Ocean Homes for Sale
Ocean Houses for Sale
Ocean Condos for Sale
Ocean Co-Ops for Sale
Ocean Townhouses for Sale
Ocean Multifamily for Sale
Ocean Land for Sale
Ocean Commercial for Sale
Nearby Cities
New York Homes for Sale
Toms River Homes for Sale
Jersey City Homes for Sale
Newark Homes for Sale
Holiday City-Berkeley Homes for Sale
Vineland Homes for Sale
Ocean Acres Homes for Sale
Ocean City Homes for Sale
Nearby Property Records
Ocean County, NJ Property Records
Burlington County, NJ Property Records
Monmouth County, NJ Property Records
Atlantic County, NJ Property Records
Middlesex County, NJ Property Records
Mercer County, NJ Property Records
Camden County, NJ Property Records
Gloucester County, NJ Property Records
Neighborhoods
Upper East Side Real Estate
Upper West Side Real Estate
Midtown East Real Estate
Flushing Real Estate
Harlem Real Estate
Chelsea Real Estate
Riverdale Real Estate
Forest Hills Real Estate
Nearby Counties
Manhattan Homes for Sale
Monmouth Homes for Sale
Queens Homes for Sale
Brooklyn Homes for Sale
Middlesex Homes for Sale
Camden Homes for Sale
Burlington Homes for Sale
Hempstead Homes for Sale
Top Real Estate Agents
Top Agents in Ocean
Top Agents in New York
Top Agents in Manhattan
Top Agents in Monmouth
Top Agents in Queens
Top Agents in Brooklyn
Top Agents in Middlesex
Top Agents in Camden