$700,000
SOLD AUG 22, 2025

148 Royal Dr Brick, NJ 08723

4 Beds
3 Baths
-- Sq Ft
5,502 Sq Ft Lot

Recently Sold

26% Below List Price

101 Days on Market

Highlights

  • Docks
  • Home fronts a lagoon or estuary
  • En-Suite Primary Bedroom
  • Property Fronts a Bay or Harbor
  • Cul-De-Sac
  • Rectangular Lot

About This Home

As of August 2025

Welcome to this stunning waterfront home in the sought-after Cherry Quay community. Whether you're looking for a year-round retreat or a special weekend getaway, this 4-bedroom, 3-bath home offers the perfect blend of comfort and breathtaking views. The first floor boasts an open-concept living, dining, and kitchen with serene lagoon views, along with a primary suite featuring a private bath and deck access. An additional bedroom, office/den, and full bath complete the main level. Upstairs, you'll find two spacious bedrooms and a spa-like bath with a private balcony. Outside, a large dock and bulkhead provide endless opportunities for boating, fishing, and water sports, with direct access to Barnegat Bay. Meticulously maintained and move-in ready, this waterfront gem is waiting for you to enjoy endless summer days! Optional membership to Cherry Quay association for $90/ year for bay beach access & boat launch. Call 908-600-4398 for more information.

Last Agent to Sell the Property

Laura Gill

Keller Williams Village Square Realty Listed on: 04/03/2025

Keller Williams Village Square Realty

Co-Listed By

Tisha Ramge

Keller Williams Village Square Realty

Last Buyer's Agent

Outside Agent

Outside Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,913

Lot Details

  • 5,502 Sq Ft Lot
  • Home fronts a lagoon or estuary
  • Property Fronts a Bay or Harbor
  • Cul-De-Sac
  • Rectangular Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Outdoor Features

  • Docks

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 1 / 324.3

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,913

Lot Details

0

Listing Details

  • Property Type: Residential
  • Su Prop: Residentia
  • Ownership: Private
  • PropertySubType: Single Family Residence
  • ResoLotFeatures: Cul-De-Sac, Regular
  • View Type:Pond View: Sunset
  • Co List Office Mls Id: 2402
  • Co List Office Phone: 201-445-4300
  • Outside Inclusions: Kitchen Appliances, Washer/Dryer, Den Fridge
  • MLS Status: Sold - Sold
  • Directions: Cherry Quay to Tiller to Royal
  • Reso Fireplace Features: 1 Fireplace, Self-start
  • Year Built Details: 1970's,Build Prior to 1978
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Primary Bathroom: Yes

Exterior Features

  • Pool Features: None
  • Waterfront Features: Bay Front, Dock, Lagoon
  • Disclosures: Seller's Agent, Seller Disclosure - Yes
  • Construction Type: Vinyl Siding

Utilities

  • Cooling: Ductless
  • Heating: Electric, Heat Pump, Hot Water

Lot Info

  • Lot Dimensions: .1236 Acre
  • Lot Size Sq Ft: 5502.0

Tax Info

  • Tax Annual Amount: 10913.0
  • Tax Block: 324.3
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2025
Closed on
Aug 15, 2025
Sold by
Graf Jeffrey S and Graf Kathleen
Bought by
Gallagher Justin and Lukacs Brielle
Seller's Agent
Laura Gill
Keller Williams Village Square Realty
Buyer's Agent
Outside Agent
Outside Office
List Price
$948,000
Sold Price
$700,000
Premium/Discount to List
-$248,000
-26.16%
Views
100
Current Estimated Value
$741,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,354
Avg. Annual Appreciation
17.29%
Original Mortgage
$400,000
Outstanding Balance
$399,654
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$341,700

Purchase Details

Listed on
Sep 7, 2020
Closed on
Nov 12, 2020
Sold by
Carbone Virginia and Boylan Edward Murville
Bought by
Graf Jeffrey S and Graf Kathleen
Seller's Agent
Kim Spector
Coldwell Banker Realty
Buyer's Agent
Elizabeth Giordano
RE/MAX Gateway
List Price
$499,000
Sold Price
$530,000
Premium/Discount to List
$31,000
6.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
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 Type Sale Price Title Company
Deed $700,000 Quality Title & Abstract
Bargain Sale Deed $530,000 New Jersey Land Title
Deed $530,000 Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2025 08/22/25 Sold $700,000 -6.5% --
07/13/2025 07/13/25 Pending -- -- --
06/09/2025 06/09/25 Price Changed $749,000 -9.2% --
05/29/2025 05/29/25 Price Changed $825,000 -6.9% --
05/14/2025 05/14/25 Price Changed $886,000 -6.5% --
04/03/2025 04/03/25 For Sale $948,000 +78.9% --
11/13/2020 11/13/20 Sold $530,000 +6.2% $278 / Sq Ft View Prior Sale
09/18/2020 09/18/20 Pending -- -- --
09/07/2020 09/07/20 For Sale $499,000 -- $262 / Sq Ft
Source: New Jersey MLS

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 $10,913 $422,500 $265,000 $157,500
2024 $10,372 $422,500 $265,000 $157,500
2023 $10,089 $422,500 $265,000 $157,500
2022 $10,089 $416,400 $265,000 $151,400
2021 $9,877 $416,400 $265,000 $151,400
2020 $9,752 $416,400 $265,000 $151,400
2019 $9,590 $416,400 $265,000 $151,400
2018 $9,369 $416,400 $265,000 $151,400
2017 $9,115 $416,400 $265,000 $151,400
2016 $9,069 $416,400 $265,000 $151,400
2015 $8,832 $416,400 $265,000 $151,400
2014 $8,761 $416,400 $265,000 $151,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: New Jersey MLS

MLS Number: 25010156

New Jersey MLS

APN: 07-00324-36-00001