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$599,999
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Property Description
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.
Full Property Details
Full Property Details for 40 Ward Dr
General
- Price: $599,999
- Taxes: $7,971 (2025)
- Status: Active
- Type: Single Family
- Source: Monmouth
- MLS ID: 22617504
- Updated: 9/28/2026
- Added to Site: 141 day(s) ago
Interior
- Number of Rooms: 6
- Fireplace: Yes
- Number of Fireplaces: 1
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Exterior
- Exterior Features: Dock
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Parking Features: Direct Access, Gravel, Driveway
- Garage Description: Attached, Direct Entry
Location
- Area: Brick (BRK)
- Municipality: Brick (BRK)
- County: Ocean
- Subdivision: Shore Acres
School Information
- Other School: Donovan Catholic, St. Dominics
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Water/Sewer: Public Sewer, Public Water
Structural Information
- Architectural Style: Ranch
- Roof: Shingle
- Square Feet: 1,016
- Living Area: 1,016 Sq. Ft.
- Year Built: 1940
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,920.4
- Lot Dimensions: 40 x 100
- Lot Features: Bayfront, Lagoon
- Zoning: Residential, Single Family
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Type: Lagoon
Financial Considerations
- Price Per Sq. Ft.: $590.55
- Assessment Amount: $293,700
- Tax Amount: $7,971
- Tax Year: 2025
Disclosures and Reports
- Exclusions: Personal Belongings
- Property ID: 07-00266-0000-00044
- Section: Shore Acres
Listed by Hazelet Realty Group, LLC, John Hazelet
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Schools
Schools serving 40 Ward Dr
School District:Brick Township School District
| Name | Grades | Distance |
|---|---|---|
Osbornville Elementary School 218 Drum Point Rd, Brick Township, NJ 08723 | K-5 | 1.8 mi |
Lake Riviera Middle School 171 Beaverson Boulevard, Brick Township, NJ 08723 | 6-8 | 2.8 mi |
Brick Twp High School 346 Chambers Bridge Rd, Brick Township, NJ 08723 | 9-12 | 4.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40 Ward Dr
Date
Details
Price
Change
Source
9/28/2026
Price Reduced
$599,999
-4%
MLS
6/10/2026
Listed
$625,000
5.93%
MLS
12/24/2024
Sold
$590,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 40 Ward Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,971
11%
$293,700
—
2023
$7,210
1%
$293,700
—
2022
$7,116
2%
$293,700
—
2021
$6,966
1%
$293,700
—
2020
$6,878
4%
$293,700
—
2018
$6,608
3%
$293,700
—
2017
$6,429
1%
$293,700
—
2016
$6,397
-5%
$293,700
—
2019
$6,764
9%
$293,700
—
2015
$6,229
5%
$293,700
—
2013
$5,947
—
$293,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 40 Ward Dr
40 Ward Drive, Brick, NJ 08723 (MLS# 22617504) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 40 Ward Drive is currently listed for $599,999 and was received on June 10, 2026. Want to learn more about 40 Ward Drive? Do you have questions about finding other Single Family real estate for sale in Brick? You can browse all Brick real estate or contact a Coldwell Banker agent to request more information.

