WATERFRONT REDEVELOPMENT OPPORTUNITY - SHORE ACRES! Located in the desirable Shore Acres community, just a short distance from the Shore Acres Yacht Club, this unique property offers beautiful 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 living room with fireplace, and an enclosed porch overlooking the water. This property is being offered primarily for its exceptional waterfront location and redevelopment potential. THE EXISTING HOME WILL NEED TO BE ELEVATED OR REMOVED, creating an opportunity to renovate and raise the existing structure or start fresh and build your dream waterfront home. Enjoy beautiful sunsets bay breezes, and convenient access to boating, fishing, and everything the Shore Acres waterfront lifestyle has to offer. PROPERTY IS BEING SOLD STRICTLY AS-IS. Cash or construction financing only. Buyer is responsible for all due diligence regarding the property's condition, elevation requirements, flood requirements, permits, approvals, redevelopment possibilities, and intended use.
For sale
Price cut: $25K (9/28)
$599,999
40 Ward Drive, Brick, NJ 08723
3beds
1,016sqft
Single Family Residence
Built in 1940
3,920 Square Feet Lot
$596,800 Zestimate®
$591/sqft
$-- HOA
What's special
Two-story beach cottageBay breezesBeautiful sunsetsFull-dormer third bedroom upstairsBeautiful barnegat bay viewsQuiet dead-end street
- 119 days
- 3,124
- 104
Zillow last checked:
Listing updated:
Listed by:
John Hazelet 732-685-7746,
Hazelet Realty Group, LLC
Source: MoreMLS,MLS#: 22617504
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Natural Gas
Cooling
- None
Features
- Number of fireplaces: 1
Interior area
- Total structure area: 1,016
- Total interior livable area: 1,016 sqft
Property
Parking
- Total spaces: 1
- Parking features: Gravel, Driveway
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 2
- Exterior features: Dock
- On waterfront: Yes
- Waterfront features: Lagoon, Bayfront
Lot
- Size: 3,920 Square Feet
- Dimensions: 40 x 100
Details
- Parcel number: 0700266000000044
- Zoning description: Residential, Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
Condition
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Shore Acres
HOA
- Has HOA: No
Location
- Region: Brick
Financial & listing details
- Price per square foot: $591/sqft
- Tax assessed value: $293,700
- Annual tax amount: $7,971
- Date on market: 6/10/2026
- Exclusions: Personal Belongings
Estimated market value
$596,800
$567,000 - $627,000
$3,313/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/28/2026 | Price change | $599,999-4%$591/sqft |
Source:  MoreMLS #22617504 Report a problem | ||
| 6/10/2026 | Listed for sale | $625,000$615/sqft |
Source: MoreMLS #22617504 Report a problem | ||
| 2/24/2026 | Pending sale | $625,000$615/sqft |
Source: MoreMLS #22530431 Report a problem | ||
| 10/7/2025 | Listed for sale | $625,000+5.9%$615/sqft |
Source: MoreMLS #22530431 Report a problem | ||
| 12/30/2024 | Sold | $590,000-1.5%$581/sqft |
Source: MoreMLS #22431963 Report a problem | ||
| 12/5/2024 | Pending sale | $599,000$590/sqft |
Source: MoreMLS #22431963 Report a problem | ||
| 11/5/2024 | Listed for sale | $599,000+263%$590/sqft |
Source: MoreMLS #22431963 Report a problem | ||
| 10/21/1999 | Sold | $165,000$162/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $7,116 +2.2% | $293,700 |
| 2022 | $6,967 | $293,700 |
| 2021 | $6,967 +3% | $293,700 |
| 2020 | $6,767 +2.4% | $293,700 |
| 2019 | $6,608 +2.8% | $293,700 |
| 2018 | $6,429 +0.5% | $293,700 |
| 2017 | $6,397 +2.7% | $293,700 |
| 2016 | $6,229 +0.8% | $293,700 |
| 2015 | $6,179 +1.8% | $293,700 |
| 2014 | $6,071 -6.3% | $293,700 -10% |
| 2012 | $6,476 +6.7% | $326,400 |
| 2011 | $6,068 +24.9% | $326,400 |
| 2010 | $4,860 +2.2% | $326,400 +166.4% |
| 2009 | $4,757 +6.2% | $122,500 |
| 2008 | $4,477 +5.3% | $122,500 |
| 2007 | $4,253 +12.6% | $122,500 |
| 2006 | $3,778 | $122,500 |
| 2004 | -- | $122,500 |
| 2003 | -- | $122,500 +1.5% |
| 2002 | -- | $120,700 |
| 2001 | -- | $120,700 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Shore Acres
Nearby schools
Schools provided by the listing agent
- Elementary: Osbornville
- Middle: Lake Riviera
- High: Brick Twp.
Source: MoreMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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