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Ocean 08527
13 Cortelyou Road
$500,000
● House - Off Market

13 Cortelyou Road

Jackson, NJ 08527
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,700 Ft²
$788,260
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

This stunning 4 bedroom colonial is waiting for its new owners! This home features an open floor plan with a eat-in kitchen with 42 '' cabinets, center isle, and breakfast nook, large family room with fp, formal dining area and elegant living rm on 1st level. Upper level offers 4 large bedrooms with master having a huge walking in closet and private bath. Walk out the sliding doors to huge yard (2 acres) featuring a patio and salt water in-ground pool for does hot summer days. We can't forget to mention the full basement ready to be finished and the over sized 2 car garage. This home is a must see!
Unit Size
2,700 Ft²
Days on Market
90 days
Land Size
2.00 acres
Price per sqft
$183
Property Type
House
Property Taxes
$820
HOA Dues
-
Year Built
1998

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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 #21722912)

Price History

Date / Event Date Event Price
Sep 8, 2017 Sold
Premium
Sold
Jun 10, 2017 Listed by C21/ Action Plus Realty $495,000
Listed by C21/ Action Plus Realty

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • 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: 1,274
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,556
  • Total Building Area: 2,737
  • Building Area: 2,737
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,737
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002010
  • 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 07002-0000-00012
  • Block: 7002
  • Lot: 12
  • Municipality: JACKSON TWP
  • Latitude: 40.1267
  • Longitude: -74.245

    Address

  • Full Address: 13 Cortelyou Rd
  • Address - House Number: 13
  • Address - Street Name: Cortelyou
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Jackson
  • Carrier Code: C001
  • 4-Digit Zip Code: 1841
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,116,632

    Appraisal Valuation

  • Standard Deviation: 0.2086
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 878,708
  • High Value: 1,062,032
  • Low Value: 695,384

    Market Valuation

  • Market Total Value: $432,300
  • Market Land Value: $88,800
  • Market Improvement Value: $343,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $432,300
  • Assessed Land Value: $88,800
  • Assessed Improvements Value: $343,500

    Sales

  • Current Sale Contract Date: Aug 29, 2017
  • Current Sale Recording Date: Sep 05, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017092510
  • Previous Sale Recording Date: Aug 30, 2002
  • Previous Sale Contract Date: Aug 30, 2002
  • Previous Sale Amount: $369,900
  • 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

$303

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1599 ft²

Average Home Age

29.2 years

Currently For Sale

4384 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: Michael Lubrano, C21/ Action Plus Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21722912
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 13 Cortelyou Road built and last sold?
The property at 13 Cortelyou Road was built in 1998 and last sold on Aug 29, 2017 for $500,000.
How much is this home worth?
The estimated value of the home located at 13 Cortelyou Road is $0.
What are some comparable homes to 13 Cortelyou Road?
There are currently no comparable homes to 13 Cortelyou Road.
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