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218 Pello Road, Brick, NJ, 08724

4beds
3baths
2,324sqft
$574,900
$247price/sqft
$4,050/moest. monthly cost
$162,000/yrincome needed

About This Home

Rare North brick mother daughter/multi family. This updated 2 unit spacious property is situated on a third acre lot a few blocks from Veterans Memorial High school and middle school. Freshly painted and newer laminate floor throughout both units. Natural gas baseboard heat and water heater. Upstairs unit offer vaulted ceilings and a very large living room with fireplace. Spacious main bath with soaking tub and shower stall. Downstairs offers 2/3 spacious bedrooms and an updated bathroom. both units offer laundry hookups as well. Large area for parking and both units offer rear decks and backs to woods for privacy.

Getting Around

46
WalkingCar-Dependent
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1941

Type & Style

  • Home type: SingleFamily
  • Architectural style: Mother/Daughter
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Crawl Space,Partial

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Other

Interior Area

  • Total structure area: 2,324
  • Total interior livable area: 2,324 sqft

Property

Details

  • Parcel number: 070109400000000201

Features

  • Stories: 1

Lot

  • Lot size: 0.28 Acres
  • Lot size dimensions: 62 x 200

Parking

  • Parking features: Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Strong Wind
Winter Weather
Cold Wave
Ice Storm
Lightning
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,907$34,884
Home Insurance *$207$2,484
Property Taxes $680$8,160
Electricity $256$3,074
Total$4,050$48,600
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$138,857/yr
40% on housing$121,500/yr
45% on housing$108,000/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.2%
7.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$247This listing

vs Other Active Listings

Avg $/sqft

ZIP 08724$274
Ocean County$354

vs Homes Sold Last Month

Median $/sqft

ZIP 08724$347
Ocean County$302

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-09Price change$549,900
2026-07-29Price change$574,900
2026-07-13Price change$599,900
2026-07-06Price change$649,900
2026-06-19Price change$674,900
2026-06-10Listed for sale$700,000
2013-10-18Sold$85,000

For Sale by Agent

AgentJames Murray
BrokerageRE/MAX at Barnegat Bay

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