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Ocean 08527
2 Cherise Court
$915,000
● House - Off Market

2 Cherise Court

Jackson, NJ 08527
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,844 Ft²
$983,492
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

This STUNNING home shows true pride of ownership. From the professional landscaping, paver steps & patio to the California custom closets this home has it all. This 4 bdrm, 2.5 bath colonial w/ wood floors throughout finished in a customized grey finish is just the beginning....gourmet kitchen w/ stainless appliances, large center island, walk in pantry with custom shelves by California Closets. Formal dining room, butlers pantry with wet bar and refrigerator Master suite offers 2 walk in closets that are beyond fantastic finished by California Closets. Sitting area with gas fireplace, master bath includes stall shower and jacuzzi tub & double vanity.Decorative moldings,front & rear staircase. A TRUE MUST SEE!!
Unit Size
3,844 Ft²
Days on Market
-
Land Size
1.03 acres
Price per sqft
$245
Property Type
House
Property Taxes
$1,080
HOA Dues
-
Year Built
2004

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 #22225566)

Price History

Date / Event Date Event Price
Oct 28, 2022 Sold
Premium
Sold
Aug 11, 2022 Listed by Exit Realty Jackson NJ $939,900
Listed by Exit Realty Jackson NJ

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 1,719
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,867
  • Total Building Area: 3,844
  • Building Area: 3,844
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,844
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001030
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: TAX MAP 158
  • District: 12
  • Parcel: 12 15801-0000-00019
  • Block: 15801
  • Lot: 19
  • Municipality: JACKSON TWP
  • Latitude: 40.1127
  • Longitude: -74.3354

    Address

  • Full Address: 2 Cherise Ct
  • Address - House Number: 2
  • Address - Street Name: Cherise
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R014
  • 4-Digit Zip Code: 4581
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,309,744

    Appraisal Valuation

  • Standard Deviation: 0.2089
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 989,499
  • High Value: 1,196,225
  • Low Value: 782,773

    Market Valuation

  • Market Total Value: $518,300
  • Market Land Value: $87,300
  • Market Improvement Value: $431,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $518,300
  • Assessed Land Value: $87,300
  • Assessed Improvements Value: $431,000

    Sales

  • Current Sale Contract Date: Oct 28, 2022
  • Current Sale Recording Date: Nov 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 116657
  • Previous Sale Recording Date: Nov 17, 2003
  • Previous Sale Contract Date: Oct 03, 2003
  • Previous Sale Amount: $546,000
  • 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

$306

Above Asking

0.23%

Average Days on Market

74

Average Home Size

1588 ft²

Average Home Age

35.2 years

Currently For Sale

3041 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 309 Mantoloking Drive, Jackson, NJ, 08527

$3,500 /mo

  • 3 Beds
  • 3 Baths
309 Mantoloking Drive, Jackson, NJ, 08527 Listing by Chaim Blau

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Mindy Horowitz, Exit Realty Jackson NJ
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22225566
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 Cherise Court built and last sold?
The property at 2 Cherise Court was built in 2004 and last sold on Oct 28, 2022 for $915,000.
How much is this home worth?
The estimated value of the home located at 2 Cherise Court is $967,511.
What are some comparable homes to 2 Cherise Court?
There are currently no comparable homes to 2 Cherise Court.
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