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Ocean 08527
21 Arrowhead Circle
$500,000
● House - Off Market

21 Arrowhead Circle

Jackson, NJ 08527
bedrooms
4 Beds
bathrooms
3 Baths
$771,494
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

Beautiful 4 bedroom home in Friars Chase.  Paver walkway leads to the front door and a two story foyer welcomes you as you enter. Living room and Dining room with gleaming wood floors. Gorgeous new kitchen is ready for the fussiest chef! Two story Family room with fireplace. First floor office tucked away plus a full bath on first floor. Spacious Master bedroom with lots of closet space and Master bath with dual sinks, jetted tub, shower stall and linen closet. Three additional bedrooms and full hall bath  upstairs. Finished basement for lots more entertaining space. Gorgeous landscaping surrounds this home. Partially fenced yard with large L-shaped pool and tons of patio for entertaining. Plenty of lawn for outdoor fun too.
Unit Size
-
Days on Market
-
Land Size
0.92 acres
Price per sqft
-
Property Type
House
Property Taxes
$982
HOA Dues
-
Year Built
1998

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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 #21827035)

Price History

Date / Event Date Event Price
Sep 28, 2018 Sold
Premium
Sold
Jul 9, 2018 Listed by RE/MAX Realty 9 $510,000
Listed by RE/MAX Realty 9

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 4
  • 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: 1,362
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,075
  • Total Building Area: 2,608
  • Building Area: 2,608
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,608
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000920
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: TAX MAP 118
  • District: 12
  • Parcel: 12 11801-0000-00046
  • Block: 11801
  • Lot: 46
  • Municipality: JACKSON TWP
  • Latitude: 40.117
  • Longitude: -74.3636

    Address

  • Full Address: 21 Arrowhead Cir
  • Address - House Number: 21
  • Address - Street Name: Arrowhead
  • Address - Suffix Type: Cir
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R006
  • 4-Digit Zip Code: 4549
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,288,518

    Appraisal Valuation

  • Standard Deviation: 0.2548
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 63
  • Final Value: 797,509
  • High Value: 1,000,771
  • Low Value: 594,246

    Market Valuation

  • Market Total Value: $509,900
  • Market Land Value: $129,200
  • Market Improvement Value: $380,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $509,900
  • Assessed Land Value: $129,200
  • Assessed Improvements Value: $380,700

    Sales

  • Current Sale Contract Date: Oct 29, 2018
  • Current Sale Recording Date: Oct 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2018106731
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

0.19%

Average Days on Market

65

Average Home Size

1604 ft²

Average Home Age

29.5 years

Currently For Sale

4527 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 6 Nancy Court, Jackson, NJ, 08527

$4,100 /mo

  • 4 Beds
  • 3 Baths
  • 2,692 ft²
6 Nancy Court, Jackson, NJ, 08527 Listing by Luke Graham

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Susanne M Brown, RE/MAX Realty 9
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21827035
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 21 Arrowhead Circle built and last sold?
The property at 21 Arrowhead Circle was built in 1998 and last sold on Oct 29, 2018 for $500,000.
How much is this home worth?
The estimated value of the home located at 21 Arrowhead Circle is $0.
What are some comparable homes to 21 Arrowhead Circle?
There are currently no comparable homes to 21 Arrowhead Circle.
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