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Ocean 08527
22 California Drive
$390,000
● House - Off Market

22 California Drive

Jackson, NJ 08527
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,610 Ft²
$396,978
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

As-is sale in Brookwood section.  Bring your imagination!  There are many great possibilities for remodeling this home.  Great bones and excellent location!
Unit Size
1,610 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$233
Property Type
House
Property Taxes
$498
HOA Dues
-
Year Built
1956

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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: 3 years ago (MOMLS #22233518)

Price History

Date / Event Date Event Price
Jan 26, 2023 Sold
Premium
Sold
Nov 3, 2022 Listed by Keller Williams Realty - Washington Township $375,000
Listed by Keller Williams Realty - Washington Township
As-is sale in Brookwood section. Bring your imagination! This home has many great possibilities for remodeling. Great bones and excellent location!

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 4
  • 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: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 1,610
  • Building Area: 1,610
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,610
  • 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: 717002

Zoning

  • Zoning: R9

Geography

  • Assessors Map Reference: TAX MAP 72
  • District: 12
  • Parcel: 12 07214-0000-00032
  • Block: 7214
  • Lot: 32
  • Municipality: JACKSON TWP
  • Latitude: 40.1172
  • Longitude: -74.2495

    Address

  • Full Address: 22 California Dr
  • Address - House Number: 22
  • Address - Street Name: California
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Jackson
  • Carrier Code: C001
  • 4-Digit Zip Code: 2106
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $617,595

    Appraisal Valuation

  • Standard Deviation: 0.2136
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 528,285
  • High Value: 641,147
  • Low Value: 415,423

    Market Valuation

  • Market Total Value: $239,100
  • Market Land Value: $112,100
  • Market Improvement Value: $127,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $239,100
  • Assessed Land Value: $112,100
  • Assessed Improvements Value: $127,000

    Sales

  • Current Sale Contract Date: Jan 20, 2023
  • Current Sale Recording Date: Jan 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 7785
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

1596 ft²

Average Home Age

26.7 years

Currently For Sale

4272 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: Elizabeth L McGillan, Keller Williams Realty Sewell
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22233518
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 22 California Drive built and last sold?
The property at 22 California Drive was built in 1956 and last sold on Jan 20, 2023 for $390,000.
How much is this home worth?
The estimated value of the home located at 22 California Drive is $386,526.
What are some comparable homes to 22 California Drive?
There are currently no comparable homes to 22 California Drive.
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