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850 South Drive

850 South Drive, Brick, NJ 08724
House in Ocean
Sold Aug 13, 2019
$3,500,000
$172,000 by Bank Of America Na
Mortgage Due Jul 01, 2049
Sold Oct 09, 2012
$2,000,000
$1,500,000 by Bank Of America Na
Mortgage Due Oct 01, 2042
850 South Drive 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 1994 and is 30 years old. The home has a total of 5 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 3 stories. In addition, 850 South Drive has 3,345 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,029 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial 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 are a total of 2 available parking spaces. 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, it is utilizing a forced air unit and being fueled with 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, 850 South Drive sold most recently in Jun 13, 2019 for a total of $3,500,000. If you work out the math, that's approximately a cost of $1,046.34 per sqft. Before that, the property was also sold for $2,000,000 in Sep 21, 2012. 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 $32,700 in taxes each year. 850 South Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,339,600. If we break it down further, the land itself was valued at $504,600. Improvements to the property, however, were assessed at a total of $835,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

Exterior

Cedar Siding

Parking

Attached Garage
Heated Garage
Off Street Parking
Oversized Parking
Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Bedroom Count: 5
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Building Style: Colonial
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Basement Type: Unspecified basement
  • Basement Area: 1,756
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,029
  • Total Building Area: 3,345
  • Building Area: 3,345
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,345
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: L48

Ownership

  • Current Owner : HAYES PETER J
  • Current Owner 2: HAYES NANCY A
  • Previous Owner : MAGUIRE CHARLES J
  • Previous Owner 2: MAGUIRE COLLEEN M
  • Owner Before Previous Owner: PETERS JAMES
  • Owner Before Previous Owner 2: PETERS MARY LELA B
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713700

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: TAX MAP 52.2
  • Account Number: 00517588
  • District: 07
  • Parcel: 07 00944-0000-00047
  • Block: 944
  • Lot: 47
  • Municipality: BRICK TWP
  • Latitude: 40.0579
  • Longitude: -74.065

    Address

  • Full Address: 850 South Dr
  • Address - House Number: 850
  • Address - Street Name: South
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Brick
  • Carrier Code: C008
  • 4-Digit Zip Code: 4836
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $32,700

    Appraisal Valuation

  • Standard Deviation: 0.2087
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 2,378,492
  • High Value: 2,874,967
  • Low Value: 1,882,017

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $172,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Aug 13, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $172,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2049

    Market Valuation

  • Market Total Value: $1,339,600
  • Market Land Value: $504,600
  • Market Improvement Value: $835,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,339,600
  • Assessed Land Value: $504,600
  • Assessed Improvements Value: $835,000

    Sales

  • Current Sale Contract Date: Jun 13, 2019
  • Current Sale Recording Date: Aug 13, 2019
  • Current Sale Transaction ID: 11637628728
  • Current Sale Price: $3,500,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2019078241
  • Previous Sale Recording Date: Oct 09, 2012
  • Previous Sale Contract Date: Sep 21, 2012
  • Previous Sale Amount: $2,000,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Aug 13, 2019
  • First Mortgage Loan Amount: $172,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jul 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Oct 09, 2012
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $1,500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Oct 01, 2042

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Frequently Asked Questions

What neighborhood is 850 South Drive located in?
The 850 South Drive is a house located in the neighborhood of Ocean in Ocean, Brick.
What is the average sales price for listings in 850 South Drive?
The average sales price for units in 850 South Drive is $0 currently.

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