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Ocean 08533
119 Leanne Drive
$328,100
● House - Off Market

119 Leanne Drive

Jackson, NJ 08533
bedrooms
3 Beds
bathrooms
2 Baths
$503,838
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

Welcome to this beautiful 3 bedroom, 2 bath split level home with brand new carpeting throughout living room, family room and master bedroom. Gorgeous kitchen was redone in 2016 with beautiful cabinets, stainless steel appliances and new ceramic tile floors that flow into dining room. Dining room has slider to back deck. Step down to family room with wood burning fireplace and another slider to the deck. Upstairs is a large Master bedroom with full bath and walk in closet. Two additional bedrooms and hall bath. Finished basement with new carpeting and full sized windows let lots of light in. Plenty of room to entertain! Unfinished utility room with washer and dryer. Great fenced backyard with in ground pool for summer fun. New septic system put in in 2016. 2 car garage for extra storage.
Unit Size
-
Days on Market
-
Land Size
0.46 acres
Price per sqft
-
Property Type
House
Property Taxes
$660
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: 3 years ago (MOMLS #21810992)

Price History

Date / Event Date Event Price
Jul 2, 2018 Sold
Premium
Sold
Mar 24, 2018 Listed by RE/MAX Realty 9 $333,000
Listed by RE/MAX Realty 9

Property Highlights

Garage
Air Conditioning
Fireplace

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: 19
  • 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: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • Total Building Area: 2,572
  • Building Area: 2,572
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,572
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717300

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: TAX MAP 182
  • District: 12
  • Parcel: 12 18202-0000-00004
  • Block: 18202
  • Lot: 4
  • Municipality: JACKSON TWP
  • Latitude: 40.0963
  • Longitude: -74.4553

    Address

  • Full Address: 119 Leanne Dr
  • Address - House Number: 119
  • Address - Street Name: Leanne
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: New Egypt
  • Carrier Code: R003
  • 4-Digit Zip Code: 2609
  • Zip Code: 08533

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $866,003

    Appraisal Valuation

  • Standard Deviation: 0.1981
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 581,489
  • High Value: 696,734
  • Low Value: 466,244

    Market Valuation

  • Market Total Value: $342,700
  • Market Land Value: $114,600
  • Market Improvement Value: $228,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $342,700
  • Assessed Land Value: $114,600
  • Assessed Improvements Value: $228,100

    Sales

  • Current Sale Contract Date: Jun 29, 2018
  • Current Sale Recording Date: Jul 06, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2018065714
  • Previous Sale Recording Date: Dec 02, 2003
  • Previous Sale Contract Date: Sep 04, 2003
  • Previous Sale Amount: $304,900
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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

1605 ft²

Average Home Age

29.4 years

Currently For Sale

4507 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: Susanne M Brown, RE/MAX Realty 9
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21810992
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 119 Leanne Drive built and last sold?
The property at 119 Leanne Drive was built in 1985 and last sold on Jun 29, 2018 for $328,100.
How much is this home worth?
The estimated value of the home located at 119 Leanne Drive is $336,330.
What are some comparable homes to 119 Leanne Drive?
There are currently no comparable homes to 119 Leanne Drive.
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