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Ocean 08527
14 Red Cedar Run
$425,000
● House - Off Market

14 Red Cedar Run

Jackson, NJ 08527
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$600,400
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

A Must See ! Your search will end here!Beautiful four bedroom Colonial in an immaculate move-in condition. A nice bright kitchen with a full appliance package. Looking for privacy? This home is on a gorgeous corner property that is fully fenced in .Upon entering the back yard you will be instantly blown away by a gorgeous In- ground pool surrounded by beautiful lush greenery *double Car garage* Great location with easy access to everywhere. Once you see all this house has to offer you will want to make it your new home. Your dream HOME !
Unit Size
-
Days on Market
-
Land Size
0.32 acres
Price per sqft
-
Property Type
House
Property Taxes
$733
HOA Dues
-
Year Built
1985

Payment Calculator

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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 #22024515)

Price History

Date / Event Date Event Price
Oct 2, 2020 Sold
Premium
Sold
Jul 19, 2020 Listed by Imperial Real Estate Agency $449,000
Listed by Imperial Real Estate Agency

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • 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: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,939
  • Total Building Area: 2,080
  • Building Area: 2,080
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,080
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: TAX MAP 58
  • District: 12
  • Parcel: 12 05812-0000-00079
  • Block: 5812
  • Lot: 79
  • Municipality: JACKSON TWP
  • Latitude: 40.1441
  • Longitude: -74.2668

    Address

  • Full Address: 14 Red Cedar Run
  • Address - House Number: 14
  • Address - Street Name: Red Cedar
  • Address - Suffix Type: Run
  • State: NJ
  • City Name: Jackson
  • Carrier Code: C005
  • 4-Digit Zip Code: 1349
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $922,648

    Appraisal Valuation

  • Standard Deviation: 0.2093
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 684,876
  • High Value: 828,261
  • Low Value: 541,492

    Market Valuation

  • Market Total Value: $357,200
  • Market Land Value: $143,200
  • Market Improvement Value: $214,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $357,200
  • Assessed Land Value: $143,200
  • Assessed Improvements Value: $214,000

    Sales

  • Current Sale Contract Date: Sep 29, 2020
  • Current Sale Recording Date: Oct 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2020124946
  • Previous Sale Recording Date: May 25, 2004
  • Previous Sale Contract Date: Aug 31, 1994
  • Previous Sale Amount: $181,000
  • Previous Sale Document Type: 21
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

0.24%

Average Days on Market

73

Average Home Size

1585 ft²

Average Home Age

32.3 years

Currently For Sale

3005 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
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: Rivkah Rosenfeld, Imperial Real Estate Agency
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22024515
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 Red Cedar Court built and last sold?
The property at 14 Red Cedar Court was built in 1985 and last sold on Sep 29, 2020 for $425,000.
How much is this home worth?
The estimated value of the home located at 14 Red Cedar Court is $0.
What are some comparable homes to 14 Red Cedar Court?
There are currently no comparable homes to 14 Red Cedar Court.
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