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Ocean 08724
96 Salem Road
$320,000
● House - Off Market

96 Salem Road

Brick, NJ 08724
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$632,657
RealtyHop Estimate
86.13%
Since Oct 1, 2014
National-US
Primary Model

About This Property

Put this one first on your list!! Move right in to this immaculate ranch on large corner lot in very desirable neighborhood! This is a MUST-SEE with beautiful hardwood floors, even under FR & BR carpet, new SS appliances, great FR w/gas FP, updated baths, sliders to 16'x 16' deck off dining room, lovely sunroom off kitchen, crown molding throughout, recessed lighting and so much more. Professionally landscaped property for low maintenance along with a double-wide driveway. This one will go fast!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$504
HOA Dues
-
Year Built
1964

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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 #21417204)

Price History

Date / Event Date Event Price
Sep 25, 2014 Sold
Premium
Sold
May 2, 2014 Listed by Gloria Nilson & Co. Real Estate $339,900
Listed by Gloria Nilson & Co. Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Bedroom Count: 3
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 736
  • Garage Type: 7
  • Parking Space Count: 1
  • 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: 1,218
  • Building Area: 1,218
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,218
  • 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

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713500

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 47.1
  • Account Number: 00415423
  • District: 07
  • Parcel: 07 00869- 41-00026
  • Block: 869.41
  • Lot: 26
  • Municipality: BRICK TWP
  • Latitude: 40.0692
  • Longitude: -74.1191

    Address

  • Full Address: 96 Salem Rd
  • Address - House Number: 96
  • Address - Street Name: Salem
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Brick
  • Carrier Code: C061
  • 4-Digit Zip Code: 3651
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $728,883

    Appraisal Valuation

  • Standard Deviation: 0.2098
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 545,942
  • High Value: 660,515
  • Low Value: 431,370

    Market Valuation

  • Market Total Value: $298,600
  • Market Land Value: $167,500
  • Market Improvement Value: $131,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $298,600
  • Assessed Land Value: $167,500
  • Assessed Improvements Value: $131,100

    Sales

  • Current Sale Contract Date: Aug 25, 2000
  • Current Sale Recording Date: Sep 06, 2000
  • Current Sale Price:
    Premium
  • Current 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:

$499,900

Sale Price/ft²

$306

Above Asking

0.16%

Average Days on Market

73

Average Home Size

1578 ft²

Average Home Age

32.5 years

Currently For Sale

3055 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 222 17th Avenue, Brick, NJ, 08724

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,252 ft²
222 17th Avenue, Brick, NJ, 08724 Listing by Lorraine Stagliano
Unit for rent at 501 Azalea Drive, Brick, NJ, 08724

$3,700 /mo

  • 4 Beds
  • 2 Baths
  • 1,133 ft²
501 Azalea Drive, Brick, NJ, 08724 Listing by Michael Imbriaco

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Ramona Bruno, Gloria Nilson & Co. Real Estate
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21417204
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 96 Salem Road built and last sold?
The property at 96 Salem Road was built in 1964 and last sold on Aug 25, 2000 for $170,000.
How much is this home worth?
The estimated value of the home located at 96 Salem Road is $343,299.
What are some comparable homes to 96 Salem Road?
There are currently no comparable homes to 96 Salem Road.
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