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Ocean 08527
10 Montana Drive
$425,000
● House - Off Market

10 Montana Drive

Jackson, NJ 08527
bedrooms
4 Beds
bathrooms
3 Baths
$610,500
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

BRAND NEW!!!!! Finally, a home in BROOKWOOD 1 with NOTHING TO DO but UNPACK!!! This BEAUTIFUL home has LOTS OF SPACE. COMPLETELY REMODELED, with all new ELECTRIC, new PLUMBING and 2 new HVAC systems.New LAUNDRY ROOM ON 2ND FLOOR and STUDY on the first floor, New SIDING, new WINDOWS, new DOORS and TRIM, THREE new BATHROOMS, new KITCHEN with 2 sinks, range oven, convection oven, GRANITE counters, SOLID wood cabinets, STAINLESS STEEL appliances, new HARDWOOD flooring, new TILE, new CARPET, AND ON AND ON AND ON. NO EXPENSE WAS SPARED!! Full basement. HUGE backyard. WON'T LAST - CALL FOR APPOINTMENT TODAY!!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$487
HOA Dues
-
Year Built
1960

Payment Calculator

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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: 3 years ago (MOMLS #21946438)

Price History

Date / Event Date Event Price
Jan 30, 2020 Sold
Premium
Sold
Nov 21, 2019 Listed by VRI Homes $419,000
Listed by VRI Homes

Property Highlights

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 1,468
  • Building Area: 1,468
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,468
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BROOKWOOD
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717002

Zoning

  • Zoning: R9

Geography

  • Assessors Map Reference: TAX MAP 72
  • District: 12
  • Parcel: 12 07209-0000-00021
  • Block: 7209
  • Lot: 21
  • Municipality: JACKSON TWP
  • Latitude: 40.1168
  • Longitude: -74.2486

    Address

  • Full Address: 10 Montana Dr
  • Address - House Number: 10
  • Address - Street Name: Montana
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Jackson
  • Carrier Code: C001
  • 4-Digit Zip Code: 2117
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $702,059

    Appraisal Valuation

  • Standard Deviation: 0.2099
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 622,697
  • High Value: 753,408
  • Low Value: 491,985

    Market Valuation

  • Market Total Value: $271,800
  • Market Land Value: $112,100
  • Market Improvement Value: $159,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $271,800
  • Assessed Land Value: $112,100
  • Assessed Improvements Value: $159,700

    Sales

  • Current Sale Contract Date: Jan 30, 2020
  • Current Sale Recording Date: Feb 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2020011400
  • Previous Sale Recording Date: Nov 27, 2018
  • Previous Sale Contract Date: Nov 26, 2018
  • Previous Sale Amount: $165,000
  • 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:

$499,900

Sale Price/ft²

$306

Above Asking

0.16%

Average Days on Market

73

Average Home Size

1578 ft²

Average Home Age

32.5 years

Currently For Sale

3055 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 2 Kathleen Drive, Jackson, NJ, 08527

$3,964 /mo

  • 1 Bed
  • 1 Bath
2 Kathleen Drive, Jackson, NJ, 08527 Listing by Sean F Quinn

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Mary Etta Gregory, VRI Homes
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21946438
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 Montana Drive built and last sold?
The property at 10 Montana Drive was built in 1960 and last sold on Jan 30, 2020 for $425,000.
How much is this home worth?
The estimated value of the home located at 10 Montana Drive is $423,190.
What are some comparable homes to 10 Montana Drive?
There are currently no comparable homes to 10 Montana Drive.
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