NOT LISTED FOR SALE

118 Colonial Dr Brick, NJ 08724

Estimated Value: $590,000 - $697,000

3 Beds
2 Baths
1,449 Sq Ft
$437/Sq Ft Est. Value

Last Sold May 28, 2025

Last sale price $625,000 $431 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,892/month

1 Day on Market

Highlights

  • Outdoor Pool
  • Gazebo
  • 1 Car Garage
  • No HOA
  • Forced Air Heating and Cooling System
  • Fenced

About This Home

As of May 2025

Welcome to your dream home in the highly desirable Midstreams section just down the road from the Blue Ribbon winning elementary school. This charming 3 bedroom, 2 bathroom ranch is nestled on an oversized 83x134 lot, offering a spacious & private backyard oasis, perfect for entertaining or relaxing. Enjoy summer days by the beautiful saline, heated in-ground pool, fenced in yard, patio or gazebo. Inside, you'll find a comfortable layout with generous natural light throughout, decorated out of a magazine. Offering a sun room, bonus flexroom, office, basement & more! Located just minutes from beaches, marinas, shopping, and restaurants, this home offers the perfect blend of tranquility and convenience.

Last Agent to Sell the Property

Erin Kavanaugh

Ward Wight Sotheby's International Realty License #0789652 Listed on: 04/30/2025

Last Buyer's Agent

Ashley Terranova

Jason Mitchell Real Estate New Jersey License #2186326

Jason Mitchell Real Estate New Jersey

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,024

Year Built

  • Built in 1957

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 80 x 135
  • Fenced

Parking

  • 1 Car Garage

Home Design

  • Split Level Home
  • Shingle Roof

Interior Spaces

  • 1,449 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Pool
  • Gazebo

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Exclusions: Hot Tub
  • Assessor Parcel Number 07-00902-20-00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,024

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Split Level
  • Reso Other Structures: Gazebo
  • Year Built: 1957
  • Contract Info List PriceSqFt: 424.43
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.25
  • General Property Info Lot Dimensions: 80 x 135
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Gazebo: Yes
  • Style Split Level: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Fence
  • Acres: 0.25
  • Waterfront: No
  • Exclusions: Hot Tub

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Dimensions: 80 x 135
  • Lot Size Sq Ft: 10890.0
  • Parcel #: 07-00902-20-00009

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7024.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2025
Closed on
May 27, 2025
Sold by
Cusick Arlene
Bought by
Terranova Ashley Ann and Sampson Kyle
Seller's Agent
Erin Kavanaugh
Ward Wight Sotheby's International Realty
Buyer's Agent
Ashley Terranova
Jason Mitchell Real Estate New Jersey
List Price
$615,000
Sold Price
$625,000
Premium/Discount to List
$10,000
1.63%
Views
44
Current Estimated Value
$632,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,877
Avg. Annual Appreciation
2.07%
Original Mortgage
$500,000
Outstanding Balance
$498,716
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$134,161

Purchase Details

Listed on
Jan 27, 2014
Closed on
Oct 10, 2014
Sold by
Martin Alan F and Martin Dale T
Bought by
Cusick Arlene
Seller's Agent
Christian Schlueter
RE/MAX at Barnegat Bay
Buyer's Agent
Erin Kavanaugh
The Mary Holder Agency
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.63%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Terranova Ashley Ann $625,000 None Listed On Document
Cusick Arlene $235,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terranova Ashley Ann $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2025 05/28/25 Sold $625,000 +1.6% $431 / Sq Ft
05/02/2025 05/02/25 Pending -- -- --
04/30/2025 04/30/25 For Sale $615,000 +161.7% $424 / Sq Ft
10/10/2014 10/10/14 Sold $235,000 -- $155 / Sq Ft View Prior Sale
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,024 $269,100 $132,700 $136,400
2024 $6,666 $269,100 $132,700 $136,400
2023 $6,569 $269,100 $132,700 $136,400
2022 $6,569 $269,100 $132,700 $136,400
2021 $6,431 $269,100 $132,700 $136,400
2020 $6,348 $269,100 $132,700 $136,400
2019 $6,235 $269,100 $132,700 $136,400
2018 $6,092 $269,100 $132,700 $136,400
2017 $5,928 $269,100 $132,700 $136,400
2016 $5,896 $269,100 $132,700 $136,400
2015 $5,743 $269,100 $132,700 $136,400
2014 $5,694 $269,100 $132,700 $136,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22512213

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00902-20-00009