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Ocean
929 Linden Avenue
$440,000
● House - Off Market

929 Linden Avenue

Brick, NJ 08723
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,240 Ft²
$333,754
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Sitting in Cedarwood Park on a corner, 100x100 lot, this 5 bed, 3 full bath home is available for sale. Park in the 3/4 car wide driveway & walk into the LR w. HW fl which flows right into the DR, then EIK. 3 Bedrooms and 2 full baths on first floor. Upstairs on Left side, a full master suite with private loft area leads to large master bedroom that includes Full bth and WIC. Separate staircase on Right side of home gives privacy to another 2nd fl bedroom. Storage and mechanicals located in the yankee basement. Attached 1-gar garage. Out back in the fully fenced in yard, you'll find an inground pool and storage shed. Please review matterport for precise layout.
Unit Size
2,240 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$150
Property Type
House
Property Taxes
$551
HOA Dues
-
Year Built
1955

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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 #22319200)

Price History

Date / Event Date Event Price
Oct 20, 2023 Sold
Premium
Sold
Jul 14, 2023 Listed by RE/MAX Revolution $335,000
Listed by RE/MAX Revolution

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 704
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,400
  • Lot Size Depth Feet: 1,040
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,240
  • Building Area: 2,240
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,240
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000239
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: L15-18

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713900

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 35.2
  • Account Number: 00310911
  • District: 07
  • Parcel: 07 00504-0000-00014
  • Block: 504
  • Lot: 14
  • Municipality: BRICK TWP
  • Latitude: 40.0491
  • Longitude: -74.135

    Address

  • Full Address: 929 Linden Ave
  • Address - House Number: 929
  • Address - Street Name: Linden
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Brick
  • Carrier Code: C058
  • 4-Digit Zip Code: 6137
  • Zip Code: 08723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $661,236

    Appraisal Valuation

  • Standard Deviation: 0.2116
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 523,416
  • High Value: 634,191
  • Low Value: 412,641

    Market Valuation

  • Market Total Value: $272,900
  • Market Land Value: $117,500
  • Market Improvement Value: $155,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $272,900
  • Assessed Land Value: $117,500
  • Assessed Improvements Value: $155,400

    Sales

  • Current Sale Contract Date: Oct 20, 2023
  • Current Sale Recording Date: Oct 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 79530
  • Previous Sale Recording Date: Oct 23, 2023
  • Previous Sale Contract Date: Sep 26, 2023
  • Previous Sale Amount: $440,000
  • 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:

$499,000

Sale Price/ft²

$303

Above Asking

0.20%

Average Days on Market

66

Average Home Size

1601 ft²

Average Home Age

29.8 years

Currently For Sale

4652 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

Rentals Near You

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MOMMLS

Listed by: Kenneth B Duncan, RE/MAX Revolution
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22319200
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 929 Linden Avenue built and last sold?
The property at 929 Linden Avenue was built in 1955 and last sold on Oct 20, 2023 for $520,000.
How much is this home worth?
The estimated value of the home located at 929 Linden Avenue is $338,350.
What are some comparable homes to 929 Linden Avenue?
There are currently no comparable homes to 929 Linden Avenue.
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