$649,000
PENDING

627 Princeton Ave Brick, NJ 08724

Estimated payment $4,248/month

Total Views 4,626
5 Beds
3 Baths
2,065 Sq Ft
$314 Price per Sq Ft

Highlights

  • Water Views
  • Forced Air Zoned Heating and Cooling System
  • 1-Story Property
  • 2 Fireplaces

About This Home

Welcome to this rare income-producing opportunity on one of the area's most sought-after streets—Princeton Avenue. This Cape-style two-family home offers flexibility, charm, and strong rental potential.
The lower unit features 3 bedrooms, while the second unit upstairs offers 2 comfortable bedrooms—ideal for multigenerational living, rental income, or extended guests. Each unit has its own private entrance, and the layout provides plenty of natural light and cozy living space throughout.
Set on a generously sized lot, the rear of the property borders a quiet, low-traffic street, offering peace and privacy. Whether you're looking to live in one unit and rent the other, or add a solid investment to your portfolio, this property delivers both charm and practicality in a prime location!

Listing Agent

Justin Smith

Richard I. Wood Agency License #0897635 Listed on: 05/15/2025

Co-Listing Agent

Kyle Janelli

Richard I. Wood Agency License #2298411

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,880

Year Built

  • Built in 1947

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Home Design

  • Duplex

Interior Spaces

  • 2,065 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Water Views
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Midstreams Elementary School
  • Veterans Memorial Middle School
  • Brick Memorial High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Furnace
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenants Furnishings
  • Assessor Parcel Number 07-00931-0000-00026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,880

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Reso View: Waterview
  • Co List Office Mls Id: 1280
  • Co List Office Phone: 732-223-3333
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1947
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 100
  • Location Middle School: Veterans Memorial
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 2.0
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Washer3: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Dishwasher3: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplaces: 2
  • Stories: 1
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Acres: 0.11
  • Waterfront: No
  • Exclusions: Tenants Furnishings

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Middle Or Junior School: Veterans Memorial

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 07-00931-0000-00026

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7880.0
  • Tax Other Annual Assessment Amount: 301900.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Midstreams
  • High School: Brick Memorial

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $7,478 $301,900 $145,000 $156,900
2023 $7,369 $301,900 $145,000 $156,900
2022 $7,369 $301,900 $145,000 $156,900
2021 $7,215 $301,900 $145,000 $156,900
2020 $7,122 $301,900 $145,000 $156,900
2019 $6,995 $301,900 $145,000 $156,900
2018 $6,835 $301,900 $145,000 $156,900
2017 $6,651 $301,900 $145,000 $156,900
2016 $6,615 $301,900 $145,000 $156,900
2015 $6,443 $301,900 $145,000 $156,900
2014 $6,138 $301,900 $145,000 $156,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 Pending -- -- --
05/15/2025 05/15/25 For Sale $649,000 0.0% $314 / Sq Ft
02/12/2018 02/12/18 Rented $1,295 -91.7% --
03/15/2017 03/15/17 Rented $15,540 0.0% --
04/14/2016 04/14/16 Sold $180,000 -- $87 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Deed $180,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $214,000 Credit Line Revolving
Source: Public Records

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APN: 07-00931-0000-00026