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Ocean 08724
836 Constitution Drive
$372,500
● House - Off Market

836 Constitution Drive

Brick, NJ 08724
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,266 Ft²
$641,641
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

THIS IS THE HOME YOU'VE BEEN WAITING FOR LOCATED IN A QUIET NEIGHBORHOOD WITH CURBS AND SIDEWALKS. BEAUTIFULLY LANDSCAPED WITH FRESHLY MULCHED PERENNIAL FLOWER BEDS AND SPRINKLER SYSTEM. UPDATED KITCHEN WITH STAINLESS APPLIANCES(DOUBLE OVEN),CORIAN COUNTER TOPS, AND LARGE PANTRY. FORMAL LIVING/DINING ROOM COMBINATION. FAMILY ROOM OFFERS GAS FIREPLACE AND FRENCH SLIDING DOORS THAT LEADS TO TREX DECK, POOL AND FENCED BACKYARD. FOUR GENEROUSLY SIZED BEDROOMS. MASTER BEDROOM WITH WALK IN CLOSET AND FULL BATH. THE FINISHED BASEMENT OFFERS A GAME ROOM, EXTRA FAMILY ROOM PLUS FULL BATH. HOME IS ENGERY STAR RATED WITH NEWER HIGH EFFICIENCY FURNACE, CENTRAL AIR CONDITIONING, AND HOT WATER HEATER. PLUS SOLAR PANELS. CONVENIENTLY LOCATED NEAR GSP & 195. MINUTES TO THE BRICK RESERVOIR.
Unit Size
2,266 Ft²
Days on Market
-
Land Size
-
Price per sqft
$168
Property Type
House
Property Taxes
$629
HOA Dues
-
Year Built
1991

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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: 3 years ago (MOMLS #21610902)

Price History

Date / Event Date Event Price
Aug 17, 2016 Sold
Premium
Sold
Mar 19, 2016 Listed by Weichert Realtors-Brick $379,900
Listed by Weichert Realtors-Brick

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • 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: 1,174
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,200
  • Total Building Area: 2,266
  • Building Area: 2,266
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,266
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000211
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713202

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 73.3
  • Account Number: 00729714
  • District: 07
  • Parcel: 07 01427- 02-00008
  • Block: 1427.02
  • Lot: 8
  • Municipality: BRICK TWP
  • Latitude: 40.1126
  • Longitude: -74.1281

    Address

  • Full Address: 836 Constitution Dr
  • Address - House Number: 836
  • Address - Street Name: Constitution
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Brick
  • Carrier Code: C080
  • 4-Digit Zip Code: 1087
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $853,890

    Appraisal Valuation

  • Standard Deviation: 0.2576
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 63
  • Final Value: 664,140
  • High Value: 835,253
  • Low Value: 493,027

    Market Valuation

  • Market Total Value: $348,100
  • Market Land Value: $131,000
  • Market Improvement Value: $217,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $348,100
  • Assessed Land Value: $131,000
  • Assessed Improvements Value: $217,100

    Sales

  • Current Sale Contract Date: Aug 10, 2016
  • Current Sale Recording Date: Aug 22, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2016083745
  • Previous Sale Recording Date: Dec 03, 1996
  • Previous Sale Contract Date: Nov 20, 1996
  • Previous Sale Amount: $165,000
  • 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

1577 ft²

Average Home Age

32.5 years

Currently For Sale

3059 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: Roxanne Morales, Weichert Realtors-Brick
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21610902
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 836 Constitution Drive built and last sold?
The property at 836 Constitution Drive was built in 1991 and last sold on Aug 10, 2016 for $372,500.
How much is this home worth?
The estimated value of the home located at 836 Constitution Drive is $0.
What are some comparable homes to 836 Constitution Drive?
There are currently no comparable homes to 836 Constitution Drive.
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