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Ocean 08527
131 Brookfield Drive
$510,000
● House - Off Market

131 Brookfield Drive

Jackson, NJ 08527
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$505,795
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Fantastic Grand End Unit Townhouse! Home features 3 Bedrooms, 3 Full Baths & 2 car garage & a finished basement with full bathroom! The home has a Gourmet Kitchen w/42 inch cabinets & Trek deck off kitchen with steps! The grand 2 Story family room has gas fireplace. Master Bedroom suite has 4 large closets & large master bath. Laundry room on 2nd floor. The Finished basement has a bar, full bathroom & separate office space. Close to community pool, tennis court, multiple playgrounds. Great for maintenance free living & commuting.
Unit Size
-
Days on Market
46 days
Land Size
0.30 acres
Price per sqft
-
Property Type
House
Property Taxes
$781
HOA Dues
$300
Year Built
2005

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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 #22212356)

Price History

Date / Event Date Event Price
Jun 13, 2022 Sold
Premium
Sold
Apr 27, 2022 Listed by Patrick Parker Realty $499,999
Listed by Patrick Parker Realty

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 1,004
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 2,239
  • Building Area: 2,239
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,239
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717102

Zoning

  • Zoning: MF

Geography

  • Assessors Map Reference: TAX MAP 47
  • District: 12
  • Parcel: 12 04714-0000-00007- 131
  • Block: 4714
  • Lot: 7.131
  • Municipality: JACKSON TWP
  • Latitude: 40.1358
  • Longitude: -74.2994

    Address

  • Full Address: 131 Brookfield Dr
  • Address - House Number: 131
  • Address - Street Name: Brookfield
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R020
  • 4-Digit Zip Code: 3877
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $948,907

    Appraisal Valuation

  • Standard Deviation: 0.2565
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 63
  • Final Value: 564,646
  • High Value: 709,483
  • Low Value: 419,808

    Market Valuation

  • Market Total Value: $373,100
  • Market Land Value: $140,000
  • Market Improvement Value: $233,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $373,100
  • Assessed Land Value: $140,000
  • Assessed Improvements Value: $233,100

    Sales

  • Current Sale Contract Date: Jun 10, 2022
  • Current Sale Recording Date: Jun 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 70391
  • Previous Sale Recording Date: Nov 21, 2005
  • Previous Sale Contract Date: Nov 15, 2005
  • Previous Sale Amount: $402,610
  • 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

0.23%

Average Days on Market

74

Average Home Size

1588 ft²

Average Home Age

35.2 years

Currently For Sale

3033 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 46 Renee Court, Jackson, NJ, 08527

$3,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,280 ft²
46 Renee Court, Jackson, NJ, 08527 Listing by Meghan Anderson

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Daniel C Black, Patrick Parker Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22212356
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 131 Brookfield Drive built and last sold?
The property at 131 Brookfield Drive was built in 2005 and last sold on Jun 10, 2022 for $510,000.
How much is this home worth?
The estimated value of the home located at 131 Brookfield Drive is $0.
What are some comparable homes to 131 Brookfield Drive?
There are currently no comparable homes to 131 Brookfield Drive.
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