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Ocean 08527
15 Peach Tree Street
$325,000
● House - Off Market

15 Peach Tree Street

Jackson, NJ 08527
bedrooms
2 Beds
bathrooms
1 Bath
square feet
925 Ft²
$319,384
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Great starter home or condo alternative.  Gorgeous huge, tranquil private half acre lot to expand onto or just to enjoy. Home is on a private lane, one house off the cul de sac of neighboring beautiful homes. Full basement great for added space and /or storage. Bathroom has floor to ceiling tiling for a nice updated look. Hardwood floors throughout living room and bedrooms.  HVAC done in 2015. Roof is 10 yrs young. Septic system only a few yrs young too.  Enclosed large porch for extra living space. Extra long driveway for numerous cars.  Come see quick!
Unit Size
925 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$313
Property Type
House
Property Taxes
$364
HOA Dues
-
Year Built
1940

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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 #22133773)

Price History

Date / Event Date Event Price
Dec 3, 2021 Sold
Premium
Sold
Oct 15, 2021 Listed by Keller Williams Realty Ocean Living $289,900
Listed by Keller Williams Realty Ocean Living

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 925
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,473
  • Total Building Area: 925
  • Building Area: 925
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 925
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000470
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717300

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: TAX MAP 116
  • District: 12
  • Parcel: 12 11602-0000-00041
  • Block: 11602
  • Lot: 41
  • Municipality: JACKSON TWP
  • Latitude: 40.1067
  • Longitude: -74.3841

    Address

  • Full Address: 15 Peach Tree St
  • Address - House Number: 15
  • Address - Street Name: Peach Tree
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R018
  • 4-Digit Zip Code: 4704
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $447,279

    Appraisal Valuation

  • Standard Deviation: 0.0901
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 92
  • Final Value: 287,302
  • High Value: 313,205
  • Low Value: 261,399

    Market Valuation

  • Market Total Value: $177,000
  • Market Land Value: $104,700
  • Market Improvement Value: $72,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $177,000
  • Assessed Land Value: $104,700
  • Assessed Improvements Value: $72,300

    Sales

  • Current Sale Contract Date: Dec 03, 2021
  • Current Sale Recording Date: Dec 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021176472
  • Previous Sale Recording Date: Nov 06, 2008
  • Previous Sale Contract Date: Sep 15, 2008
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: 12
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

$303

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1597 ft²

Average Home Age

29 years

Currently For Sale

4344 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

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MOMMLS

Listed by: Leslie J Tucker, Keller Williams Realty Ocean Living
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22133773
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 15 Peach Tree Street built and last sold?
The property at 15 Peach Tree Street was built in 1940 and last sold on Dec 3, 2021 for $325,000.
How much is this home worth?
The estimated value of the home located at 15 Peach Tree Street is $0.
What are some comparable homes to 15 Peach Tree Street?
There are currently no comparable homes to 15 Peach Tree Street.
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