0 JACKSON RD
About This Property
* Farmland Preservation: This property is part of the Burlington County Farmland Preservation program, ensuring its agricultural heritage is preserved for generations to come.
* Cranberry Bogs: 19 acres of thriving cranberry bogs and 84 acres of unused bogs.
* Blueberry Fields: One retired bog converted into blueberry fields totaling 14 acres provide opportunities for diversification and expansion of your agricultural endeavors.
* Hunting/Fishing: This expansive property also presents an opportunity for hunting. One of the best locations for duck hunting that New Jersey has to offer, along with turkey and whitetail deer. Offering 7 enclosed stands made by 360 Blinds(5 with 12' platforms and 2 with 16' platforms), 4 wildlife food plots and 37+ duck houses. Large mouth Bass, catfish and pickerel fishing too!
* Buildings: The property includes two key structures - an old packing house for processing and storage needs and a rustic cabin.
* .5 Pineland Credit: This property has a valuable .5 Pineland Credits, making it an even more attractive investment for those who are familiar with this credit program.
Don't miss this remarkable opportunity to secure this one-of-a-kind, New Jersey retreat!
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 7, 2024 | Sold | ||
| Sold | |||
| Dec 24, 2023 | In contract | - | |
| In contract | |||
| Nov 4, 2023 | Listed by Smires & Associates | $1,250,000 | |
| Listed by Smires & Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017