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Ocean 08527
107 Leesville Road
$590,000
● House - Off Market

107 Leesville Road

Jackson, NJ 08527
bedrooms
5 Beds
bathrooms
2 Baths
$3,545
Est. Monthly
9.81%
Cap Rate

About This Property

*** 1.5 ACRE PROPERTY *** 150 FEET OF FRONTAGE ON LEESVILLE RD *** 5 BEDROOMS *** BIG DINING ROOM *** COZY WOOD BURNING STOVE *** BIG EAT IN KITCHEN WITH GRANITE COUNTERTOPS AND LOT OF CABINETS *** BIG PANTRY *** MODERN UPDATED BATHROOMS *** BIG COVERED FRONT PORCH *** ATTACHED TWO CAR GARAGE *** TWO BIG BONUS ROOMS IN WALK IN ATTIC WAITING TO BE FINISHED  *** HUGE BACKYARD INCLUDES LARGE DECK, ABOVE GROUND POOL AND SHED *** NEW TANKLESS WATER HEATER *** NEWER ROOF ***
Unit Size
-
Days on Market
-
Land Size
1.50 acres
Price per sqft
-
Property Type
House
Property Taxes
$604
HOA Dues
-
Year Built
1991

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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 #22404685)

Price History

Date / Event Date Event Price
Jul 31, 2024 Sold
Premium
Sold
Feb 20, 2024 Listed by Keller Williams Realty Monmouth/Ocean $599,000
Listed by Keller Williams Realty Monmouth/Ocean

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Bedroom Count: 5
  • 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: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 65,340
  • Total Building Area: 1,668
  • Building Area: 1,668
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,668
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001500
  • 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 119
  • District: 12
  • Parcel: 12 11901-0000-00047
  • Block: 11901
  • Lot: 47
  • Municipality: JACKSON TWP
  • Latitude: 40.1178
  • Longitude: -74.358

    Address

  • Full Address: 107 Leesville Rd
  • Address - House Number: 107
  • Address - Street Name: Leesville
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R015
  • 4-Digit Zip Code: 4538
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $724,491

    Appraisal Valuation

  • Standard Deviation: 0.0901
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 92
  • Final Value: 600,726
  • High Value: 654,887
  • Low Value: 546,564

    Market Valuation

  • Market Total Value: $286,700
  • Market Land Value: $82,900
  • Market Improvement Value: $203,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $286,700
  • Assessed Land Value: $82,900
  • Assessed Improvements Value: $203,800

    Sales

  • Current Sale Contract Date: Aug 26, 1993
  • Current Sale Recording Date: Aug 26, 1993
  • Current Sale Price:
    Premium
  • Current 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

$303

Above Asking

0.19%

Average Days on Market

65

Average Home Size

1600 ft²

Average Home Age

29.8 years

Currently For Sale

4608 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

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MOMMLS

Listed by: Efrayim Lax, Keller Williams Realty Monmouth/Ocean
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22404685
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 107 Leesville Road built and last sold?
The property at 107 Leesville Road was built in 1991 and last sold on Aug 26, 1993 for $137,000.
How much is this home worth?
The estimated value of the home located at 107 Leesville Road is $0.
What are some comparable homes to 107 Leesville Road?
There are currently no comparable homes to 107 Leesville Road.
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