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Ocean 08724
843 Baker Drive
$525,000
● House - Off Market

843 Baker Drive

Brick, NJ 08724
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,750 Ft²
$498,838
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

**NO MORE SHOWINGS PER OWNER MULTIPLE OFFERS**Pride of Ownership shines in this lovely home which boasts 1,750 sq ft of living space. This home features Update kitchen with durable Sile Stone Countertops. Updated baths, Windows, Roof, Garage Doors.  Dining Room with door that leads to newer decking and Pergola. Spacious Living Room and Family Room. Brand new carpet on stairs, hallway and Master Bedroom. Master Bedroom has custom closet organizer. Large corner fenced property. Close to GSP for commuters, beaches, boardwalks and reservoir.
Unit Size
1,750 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$283
Property Type
House
Property Taxes
$557
HOA Dues
-
Year Built
1990

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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 #22305096)

Price History

Date / Event Date Event Price
May 17, 2023 Sold
Premium
Sold
Feb 24, 2023 Listed by Weichert Realtors-Brick $495,000
Listed by Weichert Realtors-Brick

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 0
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,576
  • Total Building Area: 1,750
  • Building Area: 1,750
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,750
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000243
  • 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: 00729707
  • District: 07
  • Parcel: 07 01427- 02-00001
  • Block: 1427.02
  • Lot: 1
  • Municipality: BRICK TWP
  • Latitude: 40.112
  • Longitude: -74.1281

    Address

  • Full Address: 843 Baker Dr
  • Address - House Number: 843
  • Address - Street Name: Baker
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Brick
  • Carrier Code: C080
  • 4-Digit Zip Code: 1072
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $668,443

    Appraisal Valuation

  • Standard Deviation: 0.2098
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 525,420
  • High Value: 635,685
  • Low Value: 415,154

    Market Valuation

  • Market Total Value: $272,500
  • Market Land Value: $132,900
  • Market Improvement Value: $139,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $272,500
  • Assessed Land Value: $132,900
  • Assessed Improvements Value: $139,600

    Sales

  • Current Sale Contract Date: Apr 25, 2023
  • Current Sale Recording Date: May 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 39897
  • Previous Sale Recording Date: Sep 04, 1990
  • Previous Sale Contract Date: Sep 04, 1990
  • Previous Sale Amount: $144,900
  • Previous Sale Document Type: 27
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

Unit for rent at 1456 Green Grove Road, Brick, NJ, 08724

$3,800 /mo

  • 4 Beds
  • 2 Baths
  • 1,786 ft²
1456 Green Grove Road, Brick, NJ, 08724 Listing by Luke Graham

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Roxanne Morales, Weichert Realtors-Brick
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22305096
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 843 Baker Drive built and last sold?
The property at 843 Baker Drive was built in 1990 and last sold on Apr 25, 2023 for $525,000.
How much is this home worth?
The estimated value of the home located at 843 Baker Drive is $0.
What are some comparable homes to 843 Baker Drive?
There are currently no comparable homes to 843 Baker Drive.
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