Rick Gullo

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40 Ward DriveBrick, NJ 08723

Single Family · 3 Beds · 1 Full Bath · 1 Half Bath · 1,016 Sq. ft. | 0.09 Acres
$625,000 Active

40 Ward Drive Overview

Time on Site:
20 days
Visits:
1

Located in the desirable Shore Acres community, just a short distance from the Shore Acres Yacht Club, this unique waterfront property offers breathtaking Barnegat Bay views while benefiting from lower lagoon-front taxes. Situated on a quiet dead end street , the existing two-story beach cottage features two bedrooms on the main level, a full-dormer third bedroom upstairs, a fireplace in the living room, and an enclosed porch overlooking the water.This property is being offered primarily for its exceptional location and redevelopment potential. The home will require either elevation or removal, presenting a rare opportunity to build your dream waterfront residence in one of Brick's most sought-after neighborhoods. Enjoy stunning sunsets, refreshing bay breezes, and easy access to boating, fishing, and all that waterfront living has to offer. Cash or construction loan financing only. Buyer is responsible for conducting all due diligence regarding the property's condition, elevation requirements, approvals, and intended use.

Listing provided courtesy of Hazelet Realty Group, LLC- MLS# 22617504MLS Provider
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40 Ward Drive Facts & Features

  • Type Single Family
  • Sq. ft. 1,016
  • Price/Sq.ft. $615
  • Lot 0.09 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • Elementary School: Osbornville
  • Middle Or Junior School: Lake Riviera
  • High School: Brick Twp.

Building Information

  • Year Built: 1940

Location/Region

  • County Or Parish: Ocean
  • MLS Area Major: Shore Acres
  • MLS Area Minor: Brick (BRK)
  • Subdivision Name: Shore Acres

Tax Information

  • Tax Annual Amount: $7,971.00
  • Tax Assessed Value: $293,700.00
  • Tax Year: 2025

General Information

  • Exclusions: Personal Belongings
  • Parcel Number: 07-00266-0000-00044
  • Property Sub Type: Single Family Residence
  • Property Type: Residential

Interior

Parking Information

  • Garage Spaces: 1.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total: 2
  • Bedrooms Total: 3

Building Interior

  • Building Area Total: 1016.0

General Information

  • Fireplace: Yes
  • Fireplaces Total: 1
  • Foundation Details: Slab
  • Living Area: 1016.0
  • Rooms Total: 0
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Direct Access, Gravel, Driveway

Lot Information

  • Lot Features: Bayfront, Lagoon
  • Lot Size Dimensions: 40 x 100
  • Lot Size Square Feet: 3920.4
  • Lot Size Units: Acres
  • Water Source: Public

Waterfront/View

  • Waterfront Features: Lagoon
  • Waterfront: Yes

Building Exterior/Construction

  • Architectural Style: Ranch
  • Attached Garage: Yes
  • Roof: Shingle

General Information

  • Exterior Features: Dock
  • Sewer: Public Sewer

40 Ward Drive Neighborhood

Community

08723 (Brick) Demographics

44
Median Age
2,086
Population Density (per sq. mile)
35%
College Educated
$84,484
Estimated Median Income
9,902
Estimated Total Home Owners
3,031
Estimated Total Renters
77% / 23%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

40 Ward Drive Monthly Cost

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$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

40 Ward Drive Market Data

Based on the last 30 days in this zip code

$666,563
Average List Price
$371
Average Price per Square Foot
4
Properties Sold
47
Average Days on Market
17
Properties for Sale
Calculations provided by Reliance Network

40 Ward Drive History

Date Event Value Agent
6/10/2026Source: Monmouth Ocean Regional MLS Added to Database
June 10, 2026
12/31/2024Source: Monmouth Ocean Regional MLS Status Change
Closed
12/5/2024Source: Monmouth Ocean Regional MLS Status Change
Pending
11/5/2024Source: Monmouth Ocean Regional MLS Added to Database
November 05, 2024