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734 Drum Point Road

734 Drum Point Road, Brick, NJ 08723
House in Ocean
Sold Apr 05, 2021
$550,000
$522,500 by American Neighborhood Mtg Acce
Mortgage Due Mar 01, 2051
Sold Oct 23, 1996
$204,000
734 Drum Point Road has been categorized by the local assessors in Brick, NJ as a residential type of property. The building on the property was first built in 1986 and is 38 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 734 Drum Point Road has 2,145 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a contemporary style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of asphalt. In terms of heating, the home is utilizing gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 734 Drum Point Road sold most recently in Feb 2, 2021 for a total of $550,000. If you work out the math, that's approximately a cost of $256.41 per sqft. Before that, the property was also sold for $204,000 in Sep 30, 1996. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,845 in taxes each year. 734 Drum Point Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $406,300. If we break it down further, the land itself was valued at $200,000. Improvements to the property, however, were assessed at a total of $206,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Contemporary
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,145
  • Building Area: 2,145
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,145
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : VANDERVEER TIMOTHY
  • Current Owner 2: LALLIS MARGARET
  • Previous Owner : MOORE JOHN B
  • Owner Before Previous Owner: MORIARTY JUDITH
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 714300

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: TAX MAP 23.4
  • Account Number: 00204918
  • District: 07
  • Parcel: 07 00254- 14-00004
  • Block: 254.14
  • Lot: 4
  • Municipality: BRICK TWP
  • Latitude: 40.019
  • Longitude: -74.1037

    Address

  • Full Address: 734 Drum Point Rd
  • Address - House Number: 734
  • Address - Street Name: Drum Point
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Brick
  • Carrier Code: C054
  • 4-Digit Zip Code: 7548
  • Zip Code: 08723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,845

    Appraisal Valuation

  • Standard Deviation: 0.2108
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 761,909
  • High Value: 922,590
  • Low Value: 601,228

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $522,500
  • First Open Lien Mortgage Lender: AMERICAN NEIGHBORHOOD MTG ACCE
  • First Open Lien Mortgage Recording Date: Apr 05, 2021
  • First Open Lien Mortgage Loan Amount: $522,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $406,300
  • Market Land Value: $200,000
  • Market Improvement Value: $206,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $406,300
  • Assessed Land Value: $200,000
  • Assessed Improvements Value: $206,300

    Sales

  • Current Sale Contract Date: Feb 02, 2021
  • Current Sale Recording Date: Apr 05, 2021
  • Current Sale Transaction ID: 11829425380
  • Current Sale Price: $550,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021050140
  • Previous Sale Recording Date: Oct 23, 1996
  • Previous Sale Contract Date: Sep 30, 1996
  • Previous Sale Amount: $204,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN NEIGHBORHOOD MTG ACCE
  • First Mortgage Transaction Date: Apr 05, 2021
  • First Mortgage Loan Amount: $522,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

About Ocean



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Nearby Rentals

Unit for rent at

$3,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,872 ft²
Listing by Kristen Lewis

Frequently Asked Questions

What neighborhood is 734 Drum Point Road located in?
The 734 Drum Point Road is a house located in the neighborhood of Ocean in Ocean, Brick.
What is the average sales price for listings in 734 Drum Point Road?
The average sales price for units in 734 Drum Point Road is $529,000 currently.

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