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Ocean 08527
103 Valley Road
$470,000
● House - Off Market

103 Valley Road

Jackson, NJ 08527
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,244 Ft²
$808,685
RealtyHop Estimate
68.48%
Since Dec 1, 2016
National-US
Primary Model

About This Property

Beautifully maintained Colonial with full basement on corner lot to cul-de-sac. Roof, water heater, and high efficiency furnace and central air unit all new within the past 3 years. Enter this home to a bright foyer with mechanical chandelier for easy cleaning. Enjoy a great family room with fireplace and huge eat-in kitchen with center island and tons of cabinet space. Sliding door leads to 2 tiered Trex deck with vinyl rails overlooking a level fully fenced yard with above ground pool and underground sprinklers in front and back lawns. 4 generous sized bedrooms including a master suite boasting walk-in closet and full bath with soaking tub. Located in desirable Valley View Estates, this home is close to shopping, schools and restaurants. Truly a dream home!
Unit Size
2,244 Ft²
Days on Market
-
Land Size
-
Price per sqft
$214
Property Type
House
Property Taxes
$660
HOA Dues
-
Year Built
1999

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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 #21634543)

Price History

Date / Event Date Event Price
Nov 7, 2016 Sold
Premium
Sold
Sep 2, 2016 Listed by ERA Central Realty Group $480,000
Listed by ERA Central Realty Group

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,188
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,860
  • Total Building Area: 2,244
  • Building Area: 2,244
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,244
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000410
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: TAX MAP 70
  • District: 12
  • Parcel: 12 07002-0000-00024
  • Block: 7002
  • Lot: 24
  • Municipality: JACKSON TWP
  • Latitude: 40.1267
  • Longitude: -74.2463

    Address

  • Full Address: 103 Valley Rd
  • Address - House Number: 103
  • Address - Street Name: Valley
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Jackson
  • Carrier Code: C001
  • 4-Digit Zip Code: 1840
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $978,184

    Appraisal Valuation

  • Standard Deviation: 0.2086
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 774,829
  • High Value: 936,481
  • Low Value: 613,178

    Market Valuation

  • Market Total Value: $378,700
  • Market Land Value: $77,200
  • Market Improvement Value: $301,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $378,700
  • Assessed Land Value: $77,200
  • Assessed Improvements Value: $301,500

    Sales

  • Current Sale Contract Date: Jan 24, 2020
  • Current Sale Recording Date: Feb 04, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020012344
  • Previous Sale Recording Date: Nov 18, 2016
  • Previous Sale Contract Date: Nov 04, 2016
  • Previous Sale Amount: $470,000
  • 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

1583 ft²

Average Home Age

32.5 years

Currently For Sale

3088 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
Unit for rent at 140 Cannonball Drive, Howell, NJ, 07731

$4,300 /mo

  • 4 Beds
  • 2 Baths
  • 1,714 ft²
140 Cannonball Drive, Howell, NJ, 07731 Listing by Isaac Nussbaum

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Suzanne Kenny, ERA Central Realty Group
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21634543
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 103 Valley Road built and last sold?
The property at 103 Valley Road was built in 1999 and last sold on Jan 24, 2020 for $529,000.
How much is this home worth?
The estimated value of the home located at 103 Valley Road is $0.
What are some comparable homes to 103 Valley Road?
There are currently no comparable homes to 103 Valley Road.
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