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Cliffwood Beach 07735
881 Brookside Avenue
$273,000
● House - Off Market

881 Brookside Avenue

Keyport, NJ 07735
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,016 Ft²
$439,620
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model

About This Property

Mother/Daughter set-up in this beautiful 4/5 bedroom home. So many possibilities with (2) living rooms, (2) kitchen areas and a floor plan for up to 5 bedrooms. Newly finished hardwood floors throughout the main floor, and hickory laminate throughout downstairs. Large private (fenced) yard for entertaining. Central air, newer furnace and tankless hot water heater. Just a short walk to the redesigned sea wall, which leads you to the amazing new water park. So much to do in this quaint little town. Close to the water, without needing flood insurance. Matawan/Aberdeen school district.
Unit Size
2,016 Ft²
Days on Market
-
Land Size
-
Price per sqft
$148
Property Type
House
Property Taxes
$499
HOA Dues
-
Year Built
1972

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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 #21908852)

Price History

Date / Event Date Event Price
May 31, 2019 Sold
Premium
Sold
Mar 5, 2019 Listed by Keller Williams Realty West Monmouth $298,000
Listed by Keller Williams Realty West Monmouth

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,016
  • Building Area: 2,016
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,016
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CLIFFWOOD BEACH 1915 REVSISED 1940
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Matawan-Aberdeen Regional School District
  • Census Tract: 802500

Zoning

  • Zoning: R-50

Geography

  • Assessors Map Reference: TAX MAP 95
  • District: 01
  • Parcel: 01 00350-0000-00005
  • Block: 350
  • Lot: 5
  • Municipality: ABERDEEN TWP
  • Latitude: 40.446
  • Longitude: -74.2155

    Address

  • Full Address: 881 Brookside Ave
  • Address - House Number: 881
  • Address - Street Name: Brookside
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Keyport
  • Carrier Code: C013
  • 4-Digit Zip Code: 5358
  • Zip Code: 07735

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $704,600

    Appraisal Valuation

  • Standard Deviation: 0.2046
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 477,958
  • High Value: 575,792
  • Low Value: 380,123

    Market Valuation

  • Market Total Value: $325,000
  • Market Land Value: $179,800
  • Market Improvement Value: $145,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $325,000
  • Assessed Land Value: $179,800
  • Assessed Improvements Value: $145,200

    Sales

  • Current Sale Contract Date: May 20, 2019
  • Current Sale Recording Date: Jun 27, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019057327
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 Cliffwood Beach

Stats & Trends

Median Asking:

$457,450

Sale Price/ft²

$378

Below Asking

0.02%

Average Days on Market

73

Average Home Size

801 ft²

Average Home Age

82 years

Currently For Sale

14 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 101 Midland Avenue, Cliffwood, NJ, 07721

$4,000 /mo

  • 3 Beds
  • 3 Baths
101 Midland Avenue #01X, Cliffwood, NJ, 07721 Listing by Charles Croce
Unit for rent at 98 Anchor Way, Cliffwood, NJ, 07721

$3,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,914 ft²
98 Anchor Way #298, Cliffwood, NJ, 07721 Listing by Sharon J Maguire

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Marie DiPoalo, Keller Williams Realty West Monmouth
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21908852
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 881 Brookside Avenue built and last sold?
The property at 881 Brookside Avenue was built in 1972 and last sold on May 20, 2019 for $273,000.
How much is this home worth?
The estimated value of the home located at 881 Brookside Avenue is $0.
What are some comparable homes to 881 Brookside Avenue?
There are currently no comparable homes to 881 Brookside Avenue.
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