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Ocean 08527
14 Dogwood Drive
$875,000
● House - Off Market

14 Dogwood Drive

Jackson, NJ 08527
bedrooms
7 Beds
bathrooms
4 Baths
square feet
2,857 Ft²
$4,845
Est. Monthly
11.76%
Cap Rate

About This Property

3 Secondary Bedrooms with Custom Closets and Decorators Lighting Complete this Level along with Convenient Laundry Closet.  Upper Level Sports a HUGE Entertainement/Game Room with its own FULL BATH and Separate Porch Overlooking the Resort-Like Backyard with a IN-GROUND GUNITE POOL.  Lower Level Features 3 Additional Bedrooms, Full Bath, Additional Laundry Hook Up and Large Family Room with Access to the Backyard and Pool Area and 2 Car Garage. All Major Systems Brand New!  SEE IT to BELIEVE IT!  Schedule your Showing TODAY!
Unit Size
2,857 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$298
Property Type
House
Property Taxes
$671
HOA Dues
-
Year Built
1965

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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 #22407331)

Price History

Date / Event Date Event Price
May 21, 2024 Sold
Premium
Sold
Mar 17, 2024 Listed by HomeSmart First Advantage $850,000
Listed by HomeSmart First Advantage

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • 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: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 2,857
  • Building Area: 2,857
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,857
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000350
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717101

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: TAX MAP 58
  • District: 12
  • Parcel: 12 05810-0000-00003
  • Block: 5810
  • Lot: 3
  • Municipality: JACKSON TWP
  • Latitude: 40.1514
  • Longitude: -74.2617

    Address

  • Full Address: 14 Dogwood Dr
  • Address - House Number: 14
  • Address - Street Name: Dogwood
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Jackson
  • Carrier Code: C005
  • 4-Digit Zip Code: 1342
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $805,121

    Appraisal Valuation

  • Standard Deviation: 0.0901
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 92
  • Final Value: 863,031
  • High Value: 940,842
  • Low Value: 785,220

    Market Valuation

  • Market Total Value: $311,700
  • Market Land Value: $115,500
  • Market Improvement Value: $196,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $311,700
  • Assessed Land Value: $115,500
  • Assessed Improvements Value: $196,200

    Sales

  • Current Sale Contract Date: Apr 14, 2023
  • Current Sale Recording Date: Apr 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 29450
  • Previous Sale Recording Date: Oct 07, 2021
  • Previous Sale Contract Date: Sep 10, 2021
  • Previous Sale Amount: $555,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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

0.16%

Average Days on Market

73

Average Home Size

1578 ft²

Average Home Age

32.4 years

Currently For Sale

3049 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

Rentals Near You

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MOMMLS

Listed by: Rachel Mermelstein, HomeSmart First Advantage
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22407331
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 14 Dogwood Drive built and last sold?
The property at 14 Dogwood Drive was built in 1965 and last sold on Apr 14, 2023 for $735,000.
How much is this home worth?
The estimated value of the home located at 14 Dogwood Drive is $0.
What are some comparable homes to 14 Dogwood Drive?
There are currently no comparable homes to 14 Dogwood Drive.
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