Brick Life

Brick’s Biggest Hits: The Top 10 Most Valuable (And Highest-Taxed) Homes in Town

by
Daniel Nee
May 8, 2018

If you’re looking for a place to hang your hat, Brick has just about anything you could imagine. A review of tax data shows Brick’s residential property values range from as low as $43,000 to more than $5 million.

Brick’s average property is valued at $249,000, township officials have said. Both municipal and school taxes are poised to rise this year, which will proportionally affect the township’s 30,497 residential units according to their assessed values.

Using the tax data, Shorebeat was able to narrow down the 10 highest-valued properties in town, as well as their locations and tax bills.

10. 126 Route 35 North

Credit: Mapquest

This oceanfront estate can barely be seen from the highway which leads to its triton-shaped driveway.

Last sold: $3,175,000, Oct. 7, 2016
Assessment: $2,179,200
Annual Property Tax Bill: $37,274

9. 125 Route 35 South

A Brick Township home up for auction, June 30, 2016. (Photo: Max Spann)

This bayfront compound comes with 22 rooms and a 15-car garage. It was featured last year in a Shorebeat article when it was up for auction. Tax records show it is still bank-owned.

Last sold: $2,219,000, Aug. 31, 2012
Assessment: $2,358,600
Annual Property Tax Bill: $47,584

8. 300 Dutchmans Point Road

The home sits on a lagoon in the South Mantoloking section of town.

Last sold: $2.5 million, June 26, 2015
Assessment: $2,346,100
Annual Property Tax Bill: $50,442

7. 292 Dutchmans Point Road

The second of three “top ten” homes on the same street, this lagoon-front home is adjacent to a grassy community area where sailboats are docked.

Last sold: $2,700,000, Nov. 11, 2011
Assessment: $2,510,200
Annual Property Tax Bill: $50,788

6. 336 Route 35 North

This oceanfront beauty is situated between Beach 1 and Beach 2. It has its own beach, of course, as well as an impressive swimming pool.

Last sold: $1 (Consideration) Dec. 20., 2012
Assessment: $2,602,500
Annual Property Tax Bill: $55,808

5. 296 Curtis Point Drive

Situated on one of Brick’s most beautiful streets – and nestled at the end of a cul de sac that juts out into Barnegat Bay – it is the only home in the Curtis Point development to make the list.

Last sold: $2,500,000, Oct. 31, 2016
Assessment: $2,610,900
Annual Property Tax Bill: $55,988

4. 370 Route 35 North

Another oceanfront home makes the list – this one equally secluded from Route 35, with a pool and expansive deck area.

Last sold: Dec. 23, 2013
Assessment: $2,609,600
Annual Property Tax Bill: $56,447

3. 199 Pointe Drive

Owned by Mel Karmazin, former CEO of CBS Television and SiriusXM Radio, this estate has breathtaking bay views.

Last sold: $1 (Consideration) Aug. 8, 2012
Assessment: $3,006,300
Annual Property Tax Bill: $64,467

2. 337 Dutchman’s Point Drive

This bayfront house proudly flies the American flag on one side, and features a yard and basketball hoop on the – very distant, given its size – other.

Last sold: $1 (Consideration) Dec. 24., 2012
Assessment: $3,055,300
Annual Property Tax Bill: $65,518

1. 583 Princeton Avenue

Credit: Monmouth/Ocean MLS

The former home of then-Verizon President Lawrence Babbio Jr., this home is legendary in Brick, with only boaters being able to get a close-up peak. It’s on the market now, but sold in 2011 for $6.2 million.