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Ocean 08724
861 Wraight Avenue
$520,000
● House - Off Market

861 Wraight Avenue

Brick, NJ 08724
bedrooms
4 Beds
bathrooms
1 Bath
square feet
2,016 Ft²
$3,120
Est. Monthly
12.13%
Cap Rate

About This Property

Charming Cape Retreat with Backyard Oasis in the desirable Herbertsville section of Brick.  Just a stones throw from breathtaking beaches, delightful restaurants and convenient shopping.  Step inside to find a warm inviting interior  featuring hardwood floors and a spacious living room/ dining room combo perfect for large family gatherings.  You'll also enjoy a separate family room and an  eat- in kitchen equipped with recessed lighting, a stylish brick backsplash, quartz countertops and stainless steel appliances. The enclosed porch and beautiful front deck offer ideal spots to relax and unwind on summer or fall evenings. Outside, your private oasis awaits with a stunning inground pool, a tiki bar and surround sound all complimented by a new shed for your pool supplies
Unit Size
2,016 Ft²
Days on Market
23 days
Land Size
0.23 acres
Price per sqft
$258
Property Type
House
Property Taxes
$566
HOA Dues
-
Year Built
1950

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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: 11 months ago (MOMLS #22525619)

Price History

Date / Event Date Event Price
Dec 12, 2025 Sold
Premium
Sold
Oct 29, 2025 Relisted $520,000
Relisted
Oct 10, 2025 In contract -
In contract
Aug 23, 2025 Listed by Coldwell Banker Realty $520,000
Listed by Coldwell Banker Realty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,016
  • Building Area: 2,016
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,016
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: L8

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713203

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 64.2
  • Account Number: 00623261
  • District: 07
  • Parcel: 07 01259-0000-00006
  • Block: 1259
  • Lot: 6
  • Municipality: BRICK TWP
  • Latitude: 40.0942
  • Longitude: -74.1135

    Address

  • Full Address: 861 Wraight Ave
  • Address - House Number: 861
  • Address - Street Name: Wraight
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Brick
  • Carrier Code: C066
  • 4-Digit Zip Code: 2144
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $636,799

    Appraisal Valuation

  • Standard Deviation: 0.2183
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 526,978
  • High Value: 642,057
  • Low Value: 411,898

    Market Valuation

  • Market Total Value: $259,600
  • Market Land Value: $132,500
  • Market Improvement Value: $127,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $259,600
  • Assessed Land Value: $132,500
  • Assessed Improvements Value: $127,100

    Sales

  • Current Sale Contract Date: Jan 21, 2011
  • Current Sale Recording Date: Jan 31, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2011010051
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

$306

Above Asking

0.23%

Average Days on Market

74

Average Home Size

1595 ft²

Average Home Age

35.1 years

Currently For Sale

2999 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 504 4th Avenue, Brick, NJ, 08724

$5,500 /mo

  • 5 Beds
  • 3 Baths
  • 2,414 ft²
504 4th Avenue, Brick, NJ, 08724 Listing by Patricia A Clark

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Marie Elaine Aniboli, Coldwell Banker Realty
Last Updated: 11 months ago
Data Source: MOMMLS, MLS# 22525619
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 861 Wraight Avenue built and last sold?
The property at 861 Wraight Avenue was built in 1950 and last sold on Jan 21, 2011 for $225,000.
How much is this home worth?
The estimated value of the home located at 861 Wraight Avenue is $533,254.
What are some comparable homes to 861 Wraight Avenue?
There are currently no comparable homes to 861 Wraight Avenue.
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