See Home Value
Ocean 08724
388-390 Princeton Avenue
$550,000
House - Off Market

388-390 Princeton Avenue

Brick, NJ 08724
bedrooms
4 Beds
bathrooms
2 Baths
$3,192
Estimated Monthly

About This Property

**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
Unit Size
-
Days on Market
215 days
Land Size
0.07 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
Last updated: 2 months ago (MOMLS #22314679)

Price History

Date / Event Date Event Price
Feb 22, 2024 Sold to Properties Llc Gmp $550,000
Sold to Properties Llc Gmp
Jan 11, 2024 No longer available -
No longer available
Jan 2, 2024 Sold $550,000
Sold
Sep 12, 2023 In contract -
In contract
Jun 1, 2023 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 100
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,632
  • Lot Size Depth Feet: 1,660
  • Lot Size Frontage Feet: 520
  • Total Building Area: 1,070
  • Building Area: 1,070
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,070
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.198
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ADDITIONAL LOTS: 3

Ownership

  • Current Owner : GMP PROPERTIES LLC
  • Previous Owner : EVANS JOHN P
  • Previous Owner 2: EVANS ERICA P
  • Owner Before Previous Owner: MCGEEHAN PATRICIA L
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Brick Township School District
  • Census Tract: 713700

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: TAX MAP 51.1
  • Account Number: 00517165
  • District: 07
  • Parcel: 07 00904-0000-00001
  • Block: 904
  • Lot: 1
  • Municipality: BRICK TWP
  • Latitude: 40.0574
  • Longitude: -74.0991

    Address

  • Full Address: 388 Princeton Ave
  • Address - House Number: 388
  • Address - Street Name: Princeton
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Brick
  • Carrier Code: C008
  • 4-Digit Zip Code: 4457
  • Zip Code: 08724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,822

    Appraisal Valuation

  • Standard Deviation: 0.2117
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 478,067
  • High Value: 579,283
  • Low Value: 376,852

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $541,623
  • First Open Lien Mortgage Lender: LENDSURE MORTGAGE CORP.
  • First Open Lien Mortgage Recording Date: Feb 22, 2024
  • First Open Lien Mortgage Loan Amount: $541,623
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2025

    Market Valuation

  • Market Total Value: $238,500
  • Market Land Value: $162,500
  • Market Improvement Value: $76,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $238,500
  • Assessed Land Value: $162,500
  • Assessed Improvements Value: $76,000

    Sales

  • Current Sale Contract Date: Dec 29, 2023
  • Current Sale Recording Date: Feb 22, 2024
  • Current Sale Transaction ID: 11921462180
  • Current Sale Price: $550,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 12982
  • Previous Sale Recording Date: Jun 03, 2021
  • Previous Sale Contract Date: May 05, 2021
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: LENDSURE MORTGAGE CORP.
  • First Mortgage Transaction Date: Feb 22, 2024
  • First Mortgage Loan Amount: $541,623
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2025

    Previous Mortgages

  • Previous Mortgage Lender: LOANDEPOT.COM LLC
  • Previous Mortgage Transaction Date: Jun 03, 2021
  • Previous Mortgage Loan Amount: $541,788
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
2,000 ft²
$313/ft²
$625,000 Jun 27, 2019
$625,000 Jan 3, 2020
-
House
4 Beds
3 Baths
2,452 ft²
$224/ft²
$550,000 Dec 15, 2022
$550,000 Mar 22, 2023
-
House
4 Beds
3 Baths
2,266 ft²
$260/ft²
$589,900 Apr 28, 2022
$589,900 Jul 21, 2022
$655/mo
House
4 Beds
3 Baths
-
$750,000 Oct 29, 2021
$750,000 Dec 29, 2021
$856/mo
House
3 Beds
2 Baths
1,448 ft²
$449/ft²
$650,000 Jan 10, 2024
$650,000 Feb 29, 2024
$592/mo
House
3 Beds
3 Baths
1,520 ft²
$386/ft²
$587,000 Dec 2, 2023
$587,000 Mar 18, 2024
$461/mo
House
4 Beds
3 Baths
2,339 ft²
$278/ft²
$650,000 Apr 2, 2024
-
$1,082/mo
House
4 Beds
3 Baths
2,362 ft²
$296/ft²
$699,999 Apr 1, 2024
-
$1,032/mo
House
4 Beds
2 Baths
2,200 ft²
$307/ft²
$675,000 Apr 23, 2024
-
$664/mo
In Contract
House
4 Beds
3 Baths
2,015 ft²
$335/ft²
$675,000 Mar 19, 2024
-
$675/mo
In Contract
House
4 Beds
2 Baths
1,969 ft²
$370/ft²
$729,000 Feb 29, 2024
-
$838/mo
House
4 Beds
2 Baths
1,776 ft²
$318/ft²
$565,000 May 20, 2024
-
$579/mo

About Ocean


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Frequently Asked Questions

When was property at 388 Princeton Avenue built and last sold?
The property at 388 Princeton Avenue was built in 1950 and last sold on Dec 29, 2023 for $550,000.
How much is this home worth?
The estimated value of the home located at 388 Princeton Avenue is $656,399.
What are some comparable homes to 388 Princeton Avenue?
There are currently no comparable homes to 388 Princeton Avenue.

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