$599,000
●
House -
In Contract
779 Lexington Drive
Brick, NJ 08724
4 Beds
3 Baths
1,986 Ft²
$3,669
Est. Monthly
About This Property
New Listing in Mayo Estates! Space, location, and Shore living all
wrapped into one. This 4 bedroom, 3 bath home sits on over a half
acre and features a new kitchen, hardwood floors, enclosed back
porch, two car garage, above ground pool, and many upgrades
throughout, including 200 amp electrical service and a generator
relay box that allows you to run up to 6 circuits. Upgrades
continue in the home, including kitchen and hallway light fixtures
with built in nightlights providing a soft glow for safety after
dark. The oversized garage also includes four wall mounted
bike racks. This home offers both comfort and peace of mind.
Close to the Brick Reservoir, parks, Parkway, and beaches.
This one checks a lot of boxes. 🏡
Unit Size
1,986 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$302
Property Type
House
Property Taxes
$727
HOA Dues
-
Year Built
1972
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: 3 days ago (MOMLS #22619990)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 4, 2026 | In contract | - | |
| In contract | |||
| Oct 21, 2026 | Price Decreased |
$599,000
↓ $51K
(7.9%) | |
| Price Decreased | |||
| Oct 4, 2026 | Relisted | $650,000 | |
| Relisted | |||
| Aug 18, 2026 | In contract | - | |
| In contract | |||
| Jul 9, 2026 | Price Decreased |
$699,000
↓ $51K
(6.8%) | |
| Price Decreased | |||
Show More
Property Highlights
Parking Available
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Direct Access, Asphalt, Driveway, On Street, Oversized, Double Wide Drive
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Recessed Lighting, Attic, Attic - Pull Down Stairs
Flooring Type: Engineered Hardwood, Carpet, Tile, Wood
Door Features: Sliding Doors
Basement: Walk-Out Access, Sliding Glass Door
Exterior Details
Square Footage: 1986
Year Built: 1972
Building Area Total: 1986
Levels: Bi-Level
Construction Materials: Other
Patio and Porch Features: Deck, Enclosed, Patio
Pool Features: Above Ground
Pool is Private
Lot Features: Corner Lot, Oversized
Lot Size Area: 0.6
Lot Size Units: Acres
Lot Size Acres: 0.6
Lot Size Square Feet: 26136
Water Source: Public
Financial Details
Tax Assessed Value: $317,400
Tax Annual Amount: $8,729
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Ocean
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Listed by: Susan Loveland, Folk Agency
Last Updated: 3 days ago
Data Source: MOMMLS, MLS# 22619990
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: 3 days ago
Data Source: MOMMLS, MLS# 22619990
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