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Ocean 08527
2 Birch Drive
$330,000
● House - Off Market

2 Birch Drive

Jackson, NJ 08527
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,304 Ft²
$364,014
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Ravishing Ranch ready for its new owners! This beauty boasts 3 bedrooms with great closet space, a renovated bathroom with a gorgeous tiled shower & free-standing tub, as well as a new kitchen with granite counter tops and stainless-steel appliances. This beauty is nestled right at the end of a quiet street. Relax in your extra-large yard, plenty of room for activities, a garden and hosting parties! Nothing left to do but move in! as is sale
Unit Size
1,304 Ft²
Days on Market
-
Land Size
0.65 acres
Price per sqft
$268
Property Type
House
Property Taxes
$465
HOA Dues
-
Year Built
1960

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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 #22226752)

Price History

Date / Event Date Event Price
Sep 16, 2022 Sold
Premium
Sold
Aug 24, 2022 No longer available -
No longer available
Aug 23, 2022 Listed by Town & Country Real Estate Consultants $350,000
Listed by Town & Country Real Estate Consultants
Aug 3, 2022 Price Decreased $350,000
↓ $25K (6.7%)
Price Decreased
Jul 23, 2022 Price Decreased $375,000
↓ $10K (2.6%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 3
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,314
  • Total Building Area: 1,304
  • Building Area: 1,304
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,304
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000650
  • 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 12
  • District: 12
  • Parcel: 12 01203-0000-00037
  • Block: 1203
  • Lot: 37
  • Municipality: JACKSON TWP
  • Latitude: 40.1523
  • Longitude: -74.2641

    Address

  • Full Address: 2 Birch Dr
  • Address - House Number: 2
  • Address - Street Name: Birch
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Jackson
  • Carrier Code: C005
  • 4-Digit Zip Code: 1303
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $569,552

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 478,525
  • High Value: 571,117
  • Low Value: 385,932

    Market Valuation

  • Market Total Value: $220,500
  • Market Land Value: $129,800
  • Market Improvement Value: $90,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $220,500
  • Assessed Land Value: $129,800
  • Assessed Improvements Value: $90,700

    Sales

  • Current Sale Contract Date: Aug 29, 2022
  • Current Sale Recording Date: Sep 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 101360
  • Previous Sale Recording Date: Oct 14, 2021
  • Previous Sale Contract Date: Oct 04, 2021
  • Previous Sale Amount: $240,000
  • 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:

$499,900

Sale Price/ft²

$305

Above Asking

0.16%

Average Days on Market

73

Average Home Size

1584 ft²

Average Home Age

32.4 years

Currently For Sale

3030 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 10 Smith Street, Howell, NJ, 07731

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,080 ft²
10 Smith Street, Howell, NJ, 07731 Listing by Clara Borras

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Renee Astacio, Town & Country Real Estate Consultants
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22226752
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 2 Birch Drive built and last sold?
The property at 2 Birch Drive was built in 1960 and last sold on Aug 29, 2022 for $330,000.
How much is this home worth?
The estimated value of the home located at 2 Birch Drive is $0.
What are some comparable homes to 2 Birch Drive?
There are currently no comparable homes to 2 Birch Drive.
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