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Ocean 08527
2 Rutgers Road
$359,000
● House - Off Market

2 Rutgers Road

Jackson, NJ 08527
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
$475,853
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

Come take a look at this bi-level with two car side entry garage.This beautiful 3 bedroom  home ,slider to deck & yard off of dining room.Hardwood floors in living/dining room and hallway.
Unit Size
-
Days on Market
135 days
Land Size
0.21 acres
Price per sqft
-
Property Type
House
Property Taxes
$540
HOA Dues
-
Year Built
1965

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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: 2 years ago (MOMLS #22023693)

Price History

Date / Event Date Event Price
Nov 26, 2020 Sold
Premium
Sold
Jul 14, 2020 Listed by RE/MAX On the Move Realty $359,000
Listed by RE/MAX On the Move Realty
Dec 9, 2015 Sold
Premium
Sold
Jul 28, 2015 Listed by C21/ Action Plus Realty $274,900
Listed by C21/ Action Plus Realty
Big bi-level with two car side entry garage.This beautiful 3 bedroom (possible 5 bedroom) home offers newer kitchen,slider to deck & yard off of dining room.Hardwood floors in living/dining room and hallway.Three generous size bedrooms upstairs with newly renovated full bath complete the upstairs.Half bath and laundry with two additional rooms on first floor can be used as bedrooms/office/playroom.Fully fenced yard with 24 ft round above ground pool complete this MUST SEE HOME.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Bedroom Count: 5
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • 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: 9,148
  • Total Building Area: 1,586
  • Building Area: 1,586
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,586
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717501

Zoning

  • Zoning: R9

Geography

  • Assessors Map Reference: TAX MAP 78
  • District: 12
  • Parcel: 12 07806-0000-00022
  • Block: 7806
  • Lot: 22
  • Municipality: JACKSON TWP
  • Latitude: 40.1242
  • Longitude: -74.2681

    Address

  • Full Address: 2 Rutgers Rd
  • Address - House Number: 2
  • Address - Street Name: Rutgers
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Jackson
  • Carrier Code: C003
  • 4-Digit Zip Code: 2320
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $679,071

    Appraisal Valuation

  • Standard Deviation: 0.2136
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 504,363
  • High Value: 612,114
  • Low Value: 396,612

    Market Valuation

  • Market Total Value: $262,900
  • Market Land Value: $132,700
  • Market Improvement Value: $130,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $262,900
  • Assessed Land Value: $132,700
  • Assessed Improvements Value: $130,200

    Sales

  • Current Sale Contract Date: Nov 20, 2020
  • Current Sale Recording Date: Dec 08, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020147350
  • Previous Sale Recording Date: Dec 30, 2015
  • Previous Sale Contract Date: Dec 08, 2015
  • Previous Sale Amount: $270,000
  • 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

$302

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1592 ft²

Average Home Age

24.7 years

Currently For Sale

4267 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 221 New Central Avenue, Jackson, NJ, 08527

$3,500 /mo

  • 3 Beds
  • 2 Baths
221 New Central Avenue, Jackson, NJ, 08527 Listing by Sima R Falk

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Avigail Josilowsky, RE/MAX On the Move Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22023693
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 Rutgers Road built and last sold?
The property at 2 Rutgers Road was built in 1965 and last sold on Nov 20, 2020 for $359,000.
How much is this home worth?
The estimated value of the home located at 2 Rutgers Road is $362,590.
What are some comparable homes to 2 Rutgers Road?
There are currently no comparable homes to 2 Rutgers Road.
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