$415,000
●
Land -
Off Market
85 Fairview Avenue
Brick, NJ 08724
Studio
0 Bath
$513,673
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model
About This Property
2022 is your year to build your dream home or invest & build on 1-3
amazing lots surrounded by multi-million dollar properties along
prestigious Princeton Ave & the Metedeconk River!
Rare opportunity to own over 1 acre that expands almost an entire street block & can be subdivided for the potential of 3 lots with endless opportunities. Prime location on a quiet cul-de-sac & neighborhood known as ''Serenity Point'' Build high enough and you'll get spectacular River views. Just down the street you have Wehrlen Brothers Marina for all your boating needs as well as a club pool with waterfront views. Also steps away enjoy the Winward Beach Park with playground, volleyball, picnic tables, fishing/crabbing piers, bocce courts & horseshoe pits. Do not miss this chance to let your imagination run wild with what can be yours or build for others to live their dream!
Rare opportunity to own over 1 acre that expands almost an entire street block & can be subdivided for the potential of 3 lots with endless opportunities. Prime location on a quiet cul-de-sac & neighborhood known as ''Serenity Point'' Build high enough and you'll get spectacular River views. Just down the street you have Wehrlen Brothers Marina for all your boating needs as well as a club pool with waterfront views. Also steps away enjoy the Winward Beach Park with playground, volleyball, picnic tables, fishing/crabbing piers, bocce courts & horseshoe pits. Do not miss this chance to let your imagination run wild with what can be yours or build for others to live their dream!
Unit Size
-
Days on Market
20 days
Land Size
1.09 acres
Price per sqft
-
Property Type
Land
Property Taxes
$465
HOA Dues
-
Year Built
-
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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: 10 months ago (MOMLS #22139585)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 18, 2022 | Sold | ||
| Sold | |||
| Dec 29, 2021 | Listed by Liberty Realty, LLC | $474,900 | |
| Listed by Liberty Realty, LLC | |||
| Nov 26, 2021 | No longer available | - | |
| No longer available | |||
| Aug 23, 2021 | Listed by Liberty Realty, LLC | $519,000 | |
| Listed by Liberty Realty, LLC | |||
| | |||
|
BUILDERS/DEVELOPERS and anyone looking to build their DREAM HOME! Rare opportunity to own over 1 acre located between prestigious Princeton Ave & the magnificent Metedeconk River! Parcel expands almost an entire street block & can be subdivided for the potential of 3 lots with endless opportunities. Prime location on a quiet street & neighborhood known as ''Serenity Point'' that ends in a culd-a-sac surrounded by multi-million dollar waterfront homes. Build high enough and you'll get spectacular River views. Just down the street you have Wehrlen Brothers Marina for all your boating needs as well as a club pool with waterfront views. Also steps away enjoy the Winward Beach Park with playground, volleyball, picnic tables, fishing/crabbing piers, bocce courts & horseshoe pits. Do not miss
| |||
| Aug 22, 2021 | No longer available | - | |
| No longer available | |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Ocean
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Listed by: Jessica Figlar, Liberty Realty, LLC
Last Updated: 10 months ago
Data Source: MOMMLS, MLS# 22139585
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: 10 months ago
Data Source: MOMMLS, MLS# 22139585
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017