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Middlesex
1305 Jackson Drive
$620,000
● House - Off Market

1305 Jackson Drive

North Brunswick, NJ 08902
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$3,795
Est. Monthly
6.10%
Cap Rate

About This Property

Just move in this four bedroom bi-level backing to woods! Lower level / ground level bedroom! Lower level features luxury vinyl floors, updated bathroom, laundry room and family room. Upper level features three bedrooms with two full updated baths, updated kitchen with stainless steel appliances and refinished dark walnut stained hardwood oak floors.  Two-car garage. 100x100 lot. Newer roof. Central A/C. Conveniently located near all major highways and transportation to NYC!
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$853
HOA Dues
-
Year Built
1962

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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 (CJMLS #2405559R)

Price History

Date / Event Date Event Price
Feb 2, 2024 Sold
Premium
Sold
Dec 11, 2023 In contract -
In contract
Nov 16, 2023 Listed by RE/MAX COUNTRY $599,000
Listed by RE/MAX COUNTRY

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,908
  • Building Area: 1,908
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,908
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOCIETY HILL NORTH CONDO BLDG
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: North Brunswick Township School District
  • Census Tract: 006207

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: TAX MAP 67
  • District: 14
  • Parcel: 14 00143-0000-00064
  • Block: 143
  • Lot: 64
  • Municipality: NORTH BRUNSWICK TWP
  • Latitude: 40.4535
  • Longitude: -74.4651

    Address

  • Full Address: 1305 Jackson Dr
  • Address - House Number: 1305
  • Address - Street Name: Jackson
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: North Brunswick
  • Carrier Code: C091
  • 4-Digit Zip Code: 2742
  • Zip Code: 08902

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $989,246

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 573,068
  • High Value: 670,511
  • Low Value: 475,626

    Market Valuation

  • Market Total Value: $164,600
  • Market Land Value: $67,000
  • Market Improvement Value: $97,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $164,600
  • Assessed Land Value: $67,000
  • Assessed Improvements Value: $97,600

    Sales

  • Current Sale Contract Date: Jan 31, 2024
  • Current Sale Recording Date: Feb 14, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 8688
  • Previous Sale Recording Date: Oct 01, 2004
  • Previous Sale Contract Date: Sep 20, 2004
  • Previous Sale Amount: $202,000
  • 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 Middlesex

Stats & Trends

Median Asking:

$559,900

Sale Price/ft²

$347

Below Asking

0.01%

Average Days on Market

75

Average Home Size

1357 ft²

Average Home Age

33.4 years

Currently For Sale

1851 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 171 N Main Street Se, Milltown, NJ, 08850

$3,800 /mo

  • 3 Beds
  • 2 Baths
171 N Main Street Se, Milltown, NJ, 08850 Listing by KATTY VELEZ
Unit for rent at 72 Heatherwood Drive, North Brunswick, NJ, 08902

$3,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,981 ft²
72 Heatherwood Drive, North Brunswick, NJ, 08902 Listing by NISHA S. SAWANT

Rentals Near You

Click here to view more rentals in the neighborhood.
CJMLS

Listed by: FRANK CALANDRUCCIO
RE/MAX COUNTRY
Last Updated: 3 years ago
Data Source: CJMLS , MLS# 2405559R

Frequently Asked Questions

When was property at 1305 Jackson Drive built and last sold?
The property at 1305 Jackson Drive was built in 1962 and last sold on Jan 31, 2024 for $620,000.
How much is this home worth?
The estimated value of the home located at 1305 Jackson Drive is $0.
What are some comparable homes to 1305 Jackson Drive?
There are currently no comparable homes to 1305 Jackson Drive.
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