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Ocean 08527
14 Monarch Court
$615,400
● House - Off Market

14 Monarch Court

Jackson, NJ 08527
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,338 Ft²
$955,839
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Why wait for new construction when this home is ready and in move in condition.  This immaculate 4 (possible 5) bedroom home is the Lilac Model in Savannah Timbers. Freshly painted in beautiful neutral tones, this home is sitting on a premium lot at the end of the cul de sac Some of the numerous upgrades include hardwood floors in the foyer, LR, DR which lead to the massive EIK with 42'' oak cabinets, custom wine rack and tons of counter space.  The first floor has 9' ceilings and the family room has two store ceilings, dual stair case to the upstairs and a wood burning fireplace. Full finished basement with custom bar area and additional storage.  The exterior is paradise with over 100k spent on the landscaping, gunite pool, custom hardscaping, PVCfencing and decking. This home has it all
Unit Size
3,338 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$191
Property Type
House
Property Taxes
$1,082
HOA Dues
-
Year Built
2001

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #21812084)

Price History

Date / Event Date Event Price
Mar 14, 2019 Sold
Premium
Sold
Apr 2, 2018 Listed by RE/MAX Homeland West $639,000
Listed by RE/MAX Homeland West

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • 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: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,657
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 3,338
  • Building Area: 3,338
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,338
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SAVANNAH AT TIMBER LAKE
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717400

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: TAX MAP 154
  • District: 12
  • Parcel: 12 15401-0000-00007
  • Block: 15401
  • Lot: 7
  • Municipality: JACKSON TWP
  • Latitude: 40.0983
  • Longitude: -74.3082

    Address

  • Full Address: 14 Monarch Ct
  • Address - House Number: 14
  • Address - Street Name: Monarch
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R002
  • 4-Digit Zip Code: 2873
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,420,932

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 1,043,145
  • High Value: 1,244,989
  • Low Value: 841,301

    Market Valuation

  • Market Total Value: $562,300
  • Market Land Value: $109,500
  • Market Improvement Value: $452,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $562,300
  • Assessed Land Value: $109,500
  • Assessed Improvements Value: $452,800

    Sales

  • Current Sale Contract Date: Mar 01, 2019
  • Current Sale Recording Date: Mar 18, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2019024210
  • Previous Sale Recording Date: Apr 05, 2007
  • Previous Sale Contract Date: Mar 29, 2007
  • Previous Sale Amount: $585,000
  • 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 Ocean

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$304

Above Asking

0.19%

Average Days on Market

65

Average Home Size

1609 ft²

Average Home Age

24.6 years

Currently For Sale

3232 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 15 Hummingbird Way, Jackson, NJ, 08527

$3,800 /mo

  • 3 Beds
  • 1 Bath
15 Hummingbird Way, Jackson, NJ, 08527 Listing by Avia Elharar
Unit for rent at 31 Oakland Drive, Jackson, NJ, 08527

$4,000 /mo

  • 5 Beds
  • 3 Baths
  • 2,791 ft²
31 Oakland Drive, Jackson, NJ, 08527 Listing by Miriam Rubin-Feldheim

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Wendy Crispe, RE/MAX Homeland West
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21812084
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 Monarch Court built and last sold?
The property at 14 Monarch Court was built in 2001 and last sold on Mar 1, 2019 for $615,400.
How much is this home worth?
The estimated value of the home located at 14 Monarch Court is $0.
What are some comparable homes to 14 Monarch Court?
There are currently no comparable homes to 14 Monarch Court.
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