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Ocean 08724
731 Maple Avenue
$165,000
● House - Off Market

731 Maple Avenue

Brick, NJ 08724
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,092 Ft²
$257,013
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

Why Rent When You Can Own! This 3 Bedroom Ranch with a Full Basement has a Lot of Potential! Large Corner Lot with Extra Room for Parking! Shed in Backyard gives Ample Storage! **MOTIVATED SELLER**
Unit Size
1,092 Ft²
Days on Market
-
Land Size
-
Price per sqft
$156
Property Type
House
Property Taxes
$391
HOA Dues
-
Year Built
1928

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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 #21818895)

Price History

Date / Event Date Event Price
Aug 22, 2018 No longer available -
No longer available
Aug 3, 2018 Sold
Premium
Sold
Jun 14, 2018 Listed $169,900
Listed
Why Rent When You Can Own! This 3 Bedroom Ranch with a Full Basement has a Lot of Potential! Large Corner Lot with Extra Room for Parking! Shed in Backyard gives Ample Storage! **MOTIVATED SELLER** The manager has listed the unit size as 1092 square feet.
May 14, 2018 Listed by Weichert Realtors-Toms River $169,900
Listed by Weichert Realtors-Toms River

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Bedroom Count: 3
  • 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: 676
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,271
  • Total Building Area: 1,092
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AMENDED MINOR SUB
  • Land Acres: 0000000236
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713203

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 64.1
  • Account Number: 00622792
  • District: 07
  • Parcel: 07 01215-0000-00001
  • Block: 1215
  • Lot: 1
  • Municipality: BRICK TWP
  • Latitude: 40.099
  • Longitude: -74.1097

    Address

  • Full Address: 731 Maple Ave
  • Address - House Number: 731
  • Address - Street Name: Maple
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Brick
  • Carrier Code: C066
  • 4-Digit Zip Code: 1552
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $520,526

    Appraisal Valuation

  • Standard Deviation: 0.222
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 403,030
  • High Value: 492,511
  • Low Value: 313,549

    Market Valuation

  • Market Total Value: $212,200
  • Market Land Value: $126,900
  • Market Improvement Value: $85,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $212,200
  • Assessed Land Value: $126,900
  • Assessed Improvements Value: $85,300

    Sales

  • Current Sale Contract Date: Aug 02, 2018
  • Current Sale Recording Date: Aug 14, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2018079531
  • Previous Sale Recording Date: Jul 29, 2004
  • Previous Sale Contract Date: Jul 13, 2004
  • Previous Sale Amount: $183,000
  • Previous Sale Document Type: 12

    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:

$499,000

Sale Price/ft²

$303

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1597 ft²

Average Home Age

29 years

Currently For Sale

4344 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 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: Edward DeBiase, Weichert Realtors-Toms River
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21818895
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 731 Maple Avenue built and last sold?
The property at 731 Maple Avenue was built in 1928 and last sold on Aug 2, 2018 for $165,000.
How much is this home worth?
The estimated value of the home located at 731 Maple Avenue is $0.
What are some comparable homes to 731 Maple Avenue?
There are currently no comparable homes to 731 Maple Avenue.
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