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Ocean 08527
225 White Road
$425,000
● House - Off Market

225 White Road

Jackson, NJ 08527
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,400 Ft²
$732,830
RealtyHop Estimate
66.55%
Since Mar 1, 2017
National-US
Primary Model

About This Property

Approved short sale Awesome home on a huge lot in a great location. This 4 bedroom 3 bath home offers a full finished basement with family room, bedroom, family room and full bathroom, 42'' maple cabinets, granite counter tops, hardwood floors, two story living room, formal dining, beautiful in ground pool and 40x30 Poll barn with access from the street making this a 4/5 car garage home
Unit Size
2,400 Ft²
Days on Market
-
Land Size
1.25 acres
Price per sqft
$183
Property Type
House
Property Taxes
$776
HOA Dues
-
Year Built
2001

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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 #21632768)

Price History

Date / Event Date Event Price
Feb 23, 2017 Sold
Premium
Sold
Aug 18, 2016 Listed by Crossroads Realty Manchester $440,000
Listed by Crossroads Realty Manchester

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,142
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 62,291
  • Total Building Area: 1,973
  • Building Area: 1,973
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,973
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001430
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717502

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: TAX MAP 219
  • District: 12
  • Parcel: 12 21901-0000-00006
  • Block: 21901
  • Lot: 6
  • Municipality: JACKSON TWP
  • Latitude: 40.0707
  • Longitude: -74.2635

    Address

  • Full Address: 225 White Rd
  • Address - House Number: 225
  • Address - Street Name: White
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R005
  • 4-Digit Zip Code: 5015
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,095,707

    Appraisal Valuation

  • Standard Deviation: 0.1894
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 822,300
  • High Value: 978,099
  • Low Value: 666,502

    Market Valuation

  • Market Total Value: $433,600
  • Market Land Value: $105,400
  • Market Improvement Value: $328,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $433,600
  • Assessed Land Value: $105,400
  • Assessed Improvements Value: $328,200

    Sales

  • Current Sale Contract Date: Jul 17, 2023
  • Current Sale Recording Date: Jul 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 54062
  • Previous Sale Recording Date: Mar 08, 2017
  • Previous Sale Contract Date: Jan 10, 2017
  • Previous Sale Amount: $425,000
  • 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

$303

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1598 ft²

Average Home Age

29.3 years

Currently For Sale

4418 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

Rentals Near You

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MOMMLS

Listed by: Dawn M White, Crossroads Realty Manchester
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21632768
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 225 White Road built and last sold?
The property at 225 White Road was built in 2001 and last sold on Jul 17, 2023 for $792,000.
How much is this home worth?
The estimated value of the home located at 225 White Road is $0.
What are some comparable homes to 225 White Road?
There are currently no comparable homes to 225 White Road.
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