NOT LISTED FOR SALE

388 Princeton Ave Brick, NJ 08724

Estimated Value: $486,000 - $618,000

4 Beds
2 Baths
-- Sq Ft
3,049 Sq Ft Lot

Last Sold January 02, 2024

Last sale price $550,000

Current estimated payment $3,388/month

101 Days on Market

Highlights

  • Home fronts a creek
  • New Kitchen
  • Creek On Lot
  • River View
  • Cape Cod Architecture
  • Backs to Trees or Woods

About This Home

As of January 2024

**Attention WATERFRONT Investors, Builders & Home Seekers. (Oversized) Real Estate Offering On Prestigious Princeton Ave. Direct Access To Beaverdam Creek From Your Own Private Lagoon. This Is A Waterfront Property With Endless Possibilities And The Slate Is Blank To Design Your Dream Home & Waterfront Compound. Renovation On Existing Home Has Started & Can Be Easily Completed With Custom High-End Cabinets & Flooring Provided By Seller. Rough Plumbing & Electric Is 90% Complete. This Is An Excellent Opportunity To Own A Very Large Property On Princeton Ave. With Multi-Million Dollar Homes All Around You. Subdivision Exist With Proper Variance And Approvals. Multiple Lots Available Including Lots 1 & Plot ''A' Block 904, Lots 37 & 38, Block 904, Lots 37 & 38, Block 912, & Lot
Block 893.5

Last Agent to Sell the Property

Mike Koen

Mike Koen Realty License #0562978 Listed on: 06/01/2023

Last Buyer's Agent

Anthony Disanzo

Compass New Jersey , LLC License #1971589

Compass New Jersey , LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,225

Year Built

  • Built in 1950

Lot Details

  • 3,049 Sq Ft Lot
  • Home fronts a creek
  • Backs to Trees or Woods

Home Design

  • Cape Cod Architecture
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Screened Porch
  • Wall to Wall Carpet
  • River Views
  • New Kitchen
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Gravel Driveway
  • Unpaved Parking
  • Paved Parking
  • Open Parking

Outdoor Features

  • Creek On Lot
  • Cove

Utilities

  • No Cooling
  • No Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 07-00893-0000-00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,225

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Back to Woods, Cove, Creek, Riverview
  • Inclusions: None
  • Subdivision Name: None
  • Architectural Style: Cape
  • New Construction: No
  • Year Built: 1950
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.07
  • Kitchen Newer: Yes
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Lot Description Back to Woods: Yes
  • WaterSewer Public Water: Yes
  • Living Room Floor - WW Carpet7: Yes
  • Style Cape: Yes
  • Cooling None12: Yes
  • Parking Unpaved: Yes
  • Exterior Porch - Screened: Yes
  • Lot Description Creek2: Yes
  • Foyer Floor - WW Carpet: Yes
  • Water Type Creek: Yes
  • Lot Description Riverview2: Yes
  • Lot Description Cove2: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • BasementOther: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.07
  • Waterfront Features: Other - See Remarks, Creek
  • Waterfront: Yes
  • Exterior Features: Porch - Screened

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Gravel, Open, Unpaved
  • General Property Info:Garage: No
  • Parking Open: Yes
  • Parking:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None, Other
  • Cooling Y N: No
  • Water Source: Public
  • Heating:None3: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 3049.2
  • Parcel #: 07-00893-0000-00010
  • Zoning Description: Residential, Single Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Dec 29, 2023
Sold by
Evans John P and Evans Erica P
Bought by
Gmp Properties Llc
Seller's Agent
Mike Koen
Mike Koen Realty
Buyer's Agent
Anthony Disanzo
Compass New Jersey , LLC
List Price
$699,000
Sold Price
$550,000
Premium/Discount to List
-$149,000
-21.32%
Views
256
Current Estimated Value
$548,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,998
Avg. Annual Appreciation
-0.20%
Original Mortgage
$541,623
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2021
Sold by
Mcgeehan Patricia L
Bought by
Evans John P and Evans Erica P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$541,788
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 1991
Bought by
Mcgeehan Vincent S and Mcgeehan Patricia L
Source: Public Records

Range of Values:

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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
Gmp Properties Llc $550,000 Oceanview Title
Gmp Properties Llc $550,000 Oceanview Title
Evans John P $450,000 Trident Abstract Ttl Agcy Ll
Evans John P $450,000 Fidelity National Title
Mcgeehan Vincent S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gmp Properties Llc $541,623
Previous Owner Evans John P $541,788
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2024 01/02/24 Sold $550,000 -15.4% --
09/11/2023 09/11/23 Pending -- -- --
07/15/2023 07/15/23 Price Changed $649,900 -7.0% --
06/02/2023 06/02/23 For Sale $699,000 -- --
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 $6,225 $238,500 $162,500 $76,000
2024 $5,908 $238,500 $162,500 $76,000
2023 $5,822 $238,500 $162,500 $76,000
2022 $5,822 $238,500 $162,500 $76,000
2021 $5,699 $238,500 $162,500 $76,000
2020 $5,626 $238,500 $162,500 $76,000
2019 $5,526 $238,500 $162,500 $76,000
2018 $5,400 $238,500 $162,500 $76,000
2017 $5,254 $238,500 $162,500 $76,000
2016 $5,226 $238,500 $162,500 $76,000
2015 $5,090 $238,500 $162,500 $76,000
2014 $5,047 $238,500 $162,500 $76,000
Source: Public Records

Agents Affiliated with this Home

  • Mike Koen

    Seller's Agent in 2024

    Mike Koen

    Mike Koen Realty

    (732) 910-0440

    12 in this area

    37 Total Sales

    Mike Koen
    Section Image
  • Anthony Disanzo

    Buyer's Agent in 2024

    Anthony Disanzo

    Compass New Jersey , LLC

    (201) 694-9436

    4 in this area

    92 Total Sales

    Anthony Disanzo
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22314679

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 07-00904-0000-00001

New Jersey Ocean County Brick 08724

388 Princeton Ave, Brick, NJ

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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