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Ocean 08527
10 Berwyn Lane
$390,000
● House - Off Market

10 Berwyn Lane

Jackson, NJ 08527
bedrooms
3 Beds
bathrooms
2 Baths
$437,051
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

This beautiful 3 Bedroom, 2 Bath ranch located on a spacious half acre corner lot is ready for you to move right in and make your own! Upon entering you will be welcomed by the open layout living room, kitchen, and large great room with bay window and skylights! This home also includes a 1 car attached garage, newer hot water heater, AC, and furnace, and a large fully fenced backyard! Located on a secluded and private street yet close to shopping at the Outlets, and local restaurants!
Unit Size
-
Days on Market
-
Land Size
0.54 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1985

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 2 years ago (MOMLS #22118412)

Price History

Date / Event Date Event Price
Sep 30, 2021 Sold
Premium
Sold
Jun 9, 2021 Listed by Keller Williams Realty Monmouth/Ocean $384,999
Listed by Keller Williams Realty Monmouth/Ocean

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,522
  • Total Building Area: 1,608
  • Building Area: 1,608
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,608
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000540
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717200

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: TAX MAP 1
  • District: 12
  • Parcel: 12 00101-0000-00005
  • Block: 101
  • Lot: 5
  • Municipality: JACKSON TWP
  • Latitude: 40.1657
  • Longitude: -74.4101

    Address

  • Full Address: 10 Berwyn Ln
  • Address - House Number: 10
  • Address - Street Name: Berwyn
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R019
  • 4-Digit Zip Code: 5330
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $657,631

    Appraisal Valuation

  • Standard Deviation: 0.1953
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 465,867
  • High Value: 556,867
  • Low Value: 374,866

    Market Valuation

  • Market Total Value: $261,900
  • Market Land Value: $115,800
  • Market Improvement Value: $146,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $261,900
  • Assessed Land Value: $115,800
  • Assessed Improvements Value: $146,100

    Sales

  • Current Sale Contract Date: Sep 22, 2021
  • Current Sale Recording Date: Oct 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021154475
  • Previous Sale Recording Date: Jul 18, 2006
  • Previous Sale Contract Date: Jun 15, 2006
  • Previous Sale Amount: $336,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ocean

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$302

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1592 ft²

Average Home Age

24.2 years

Currently For Sale

4244 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 702 Cassville Road, Jackson, NJ, 08527

$3,600 /mo

  • 4 Beds
  • 2 Baths
702 Cassville Road, Jackson, NJ, 08527 Listing by Beth M Huntley

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Michael Greco, Keller Williams Realty Monmouth/Ocean
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22118412
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 10 Berwyn Lane built and last sold?
The property at 10 Berwyn Lane was built in 1985 and last sold on Sep 22, 2021 for $390,000.
How much is this home worth?
The estimated value of the home located at 10 Berwyn Lane is $388,849.
What are some comparable homes to 10 Berwyn Lane?
There are currently no comparable homes to 10 Berwyn Lane.
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