NOT LISTED FOR SALE

183 Cherry Quay Rd Brick, NJ 08723

Estimated Value: $517,000 - $744,671

5 Beds
3 Baths
1,992 Sq Ft
$326/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $679,000 $341 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,226/month

316 Days on Market

Highlights

  • Double-Wide Driveway
  • Fenced
  • Level Lot
  • Air Conditioning

About This Home

As of August 2023

LEGAL 3-FAMILY/TWO DWELLINGS - FRONT HOUSE IS 3 BR CAPE - BACK HOUSE IS 2-FAMILY - SEPARATE UTILITIES - VINYL SIDING - EXTRA PARKING -EXCELLENT LOCATION Near Parks, Marinas, Shopping and Ocean Beaches. major roads and G.S Parkway. QUALIFIED OWNER OCCUPANTS CAN USE AN FHA ,VA & CONVENTIONAL LOAN. Water and Sewer is included and it comes with a full appliance package.It has a small gated backyard with no maintenance. Flood Insurance is ''Not'' required. Three-family property that features a Single family cape-cod with 3 Bedrooms 1 bath, updated kitchen and bathroom and roof was replaced 2022 Freshly painted,New Screen Door & Front Door. (Rented $2,350.) - Detached 2-Family The 1st floor is a large 1 bedroom with washer/dryer and gas heat, (RENTED $1,550),2nd fl. is a 1 Bed 1 Bath @$1,200 ays Water/Sewer only about $350 bedroom with Den with washer that rents for $1,200 a month. The roof was replaced 2019. expenses: Insurance $2,100 a year for both housesLandlord pa quarter.

Last Agent to Sell the Property

John Glancy

RE/MAX at Barnegat Bay License #8830435 Listed on: 10/02/2022

RE/MAX at Barnegat Bay

Last Buyer's Agent

Susan Haley Bonner

Jersey Property Group Realty License #0450665

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,446

Year Built

  • Built in 1965

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Fenced
  • Level Lot

Home Design

  • Triplex
  • Slab Foundation
  • Shingle Roof
  • Asphalt Rolled Roof
  • Vinyl Siding

Interior Spaces

  • 1,992 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Common or Shared Parking
  • Double-Wide Driveway
  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting

Schools

  • Drum Point Road Elementary School
  • Lake Riviera Middle School
  • Brick Twp. High School

Utilities

  • Air Conditioning
  • Furnace
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for yard maintenance, snow removal, heat, gas, electricity
  • The owner pays for water, sewer
  • Assessor Parcel Number 07-00335-0000-00508

Community Details

Overview

  • 3 Units
  • Cherry Quay Subdivision

Building Details

  • Insurance Expense $2,100
  • Water Sewer Expense $350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,446

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • ResoLotFeatures: Level
  • Subdivision Name: Cherry Quay
  • New Construction: No
  • Year Built: 1965
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 150
  • Location Middle School: Lake Riviera
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • Garage None4: Yes
  • Roof Timberline: Yes
  • Parking Unpaved: Yes
  • Water Heater Tank: Yes
  • Parking Double Wide: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Washer3: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Washer Hookup3: Yes
  • Income Expenses Insurance Expense: 2100.0
  • Income Expenses WaterSewer Expense: 350.0
  • Unit 1 Gas Stove: Yes
  • Unit 1 Dryer Hookup3: Yes
  • Unit 3 Furnace3: Yes
  • Unit 3 Gas Stove3: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Dryer Hookup2: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 3 Washer Hookup: Yes
  • Unit 3 Water Heater3: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space, Slab
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 2
  • Basement:Slab: Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle, Timberline
  • Acres: 0.17
  • Waterfront: No
  • Exterior Features: Fence, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: See Remarks, Common, Off Street, None, Double Wide, Unpaved
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • GarageParking:Common: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Fee Information

  • Annual Water Sewer Expense: 350.0

Schools

  • Middle Or Junior School: Lake Riviera

Lot Info

  • Lot Dimensions: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 07-00335-0000-00508
  • Zoning Description: Residential, Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Yard Maintenance, Snow Removal, Heat, Gas, Electricity
  • Owner Pays: Water, Sewer

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7446.0
  • Tax Other Annual Assessment Amount: 307300.0

Multi Family

  • Number Of Units Total: 3
  • Insurance Expense: 2100.0

MLS Schools

  • Elementary School: Drum Point Road
  • High School: Brick Twp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2022
Closed on
Aug 18, 2023
Sold by
Woods James B
Bought by
Terrain Property Llc
Seller's Agent
John Glancy
RE/MAX at Barnegat Bay
Buyer's Agent
Susan Haley Bonner
Jersey Property Group Realty
List Price
$699,000
Sold Price
$679,000
Premium/Discount to List
-$20,000
-2.86%
Views
562
Current Estimated Value
$656,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,089
Avg. Annual Appreciation
-2.19%
Original Mortgage
$475,300
Outstanding Balance
$467,436
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$182,732

Purchase Details

Closed on
Dec 20, 2000
Sold by
Reidy Charles
Bought by
Woods James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
7.7%
Source: Public Records

Range of Values:

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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
Terrain Property Llc $679,000 Green Label Title
Woods James $205,000 --
Woods James $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terrain Property Llc $475,300
Previous Owner Woods James B $28,000
Previous Owner Woods James B $100,000
Previous Owner Woods James B $202,400
Previous Owner Woods James $184,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $679,000 +1103.9% $341 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
03/16/2023 03/16/23 Rented $56,400 +2300.0% --
03/08/2023 03/08/23 Under Contract -- -- --
02/23/2023 02/23/23 Price Changed $2,350 -2.1% $1 / Sq Ft
02/16/2023 02/16/23 Price Changed $2,400 -2.0% $1 / Sq Ft
02/16/2023 02/16/23 Price Changed $2,450 -2.0% $1 / Sq Ft
02/14/2023 02/14/23 Price Changed $2,500 -3.8% $1 / Sq Ft
02/07/2023 02/07/23 Price Changed $2,600 -3.7% $1 / Sq Ft
02/02/2023 02/02/23 For Rent $2,700 0.0% --
10/23/2022 10/23/22 Price Changed $679,000 -2.9% $341 / Sq Ft
10/01/2022 10/01/22 For Sale $699,000 0.0% $351 / Sq Ft
09/05/2019 09/05/19 Rented $11,280 -- --
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
2024 $7,544 $307,300 $136,700 $170,600
2023 $7,446 $307,300 $136,700 $170,600
2022 $7,446 $307,300 $136,700 $170,600
2021 $7,289 $307,300 $136,700 $170,600
2020 $7,197 $307,300 $136,700 $170,600
2019 $7,077 $307,300 $136,700 $170,600
2018 $6,914 $307,300 $136,700 $170,600
2017 $6,727 $307,300 $136,700 $170,600
2016 $6,693 $307,300 $136,700 $170,600
2015 $6,518 $307,300 $136,700 $170,600
2014 $6,466 $307,300 $136,700 $170,600
Source: Public Records

Agents Affiliated with this Home

  • John Glancy

    Seller's Agent in 2023

    John Glancy

    RE/MAX

    (732) 914-0074

    6 in this area

    71 Total Sales

    Section Image

  • d

    Buyer's Agent in 2023

    datacorrect BrightMLS

    Non Subscribing Office

    Section Image

  • S

    Buyer's Agent in 2023

    Susan Haley Bonner

    Jersey Property Group Realty

    (732) 236-9764

    8 in this area

    53 Total Sales

    Section Image

  • J

    Seller's Agent in 2019

    James Woods

    Coldwell Banker Riviera Realty

  • T

    Buyer's Agent in 2019

    Tammy O'Brien

    Diane Turton, Realtors-Point Pleasant Boro

    Section Image

  • T

    Buyer's Agent in 2019

    Tammy O' Brien

    Weichert Realtors-Sea Girt

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22231005

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00335-0000-00508

New Jersey Ocean County Brick 08723

183 Cherry Quay Rd, Brick, NJ

This home is located at 183 Cherry Quay Rd, Brick, NJ 08723 since 02 October 2022 and is currently estimated at $650,168, approximately $326 per square foot. This property was built in 1965. 183 Cherry Quay Rd is a home located in Ocean County with nearby schools including Drum Point Road Elementary School, Lake Riviera Middle School, and Brick Township High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) 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.

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