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Ocean 08527
226 Delaware Trail
$225,002
● House - Off Market

226 Delaware Trail

Jackson, NJ 08527
bedrooms
2 Beds
bathrooms
1 Bath
square feet
925 Ft²
$329,970
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Charming and well maintained 2 bed 1 bath ranch home on a large 1.77 Acre lot. Ideal for first time home buyer looking for space to expand in the future. Add on to this home or build your dream estate.  Large open kitchen opens into the dining room and living room. Two nice sized bedrooms.  Full basement with high ceilings ready to be finished.  Former car port was converted into a 3 season room and offers plenty of entertaining space.
Unit Size
925 Ft²
Days on Market
-
Land Size
1.77 acres
Price per sqft
$260
Property Type
House
Property Taxes
$467
HOA Dues
-
Year Built
1958

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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: 2 years ago (MOMLS #21921345)

Price History

Date / Event Date Event Price
Aug 25, 2020 Sold
Premium
Sold
May 22, 2019 Listed by C21/ Action Plus Realty $240,900
Listed by C21/ Action Plus Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 925
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 77,101
  • Total Building Area: 925
  • Building Area: 925
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 925
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001770
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: TAX MAP 74
  • District: 12
  • Parcel: 12 07402-0000-00009
  • Block: 7402
  • Lot: 9
  • Municipality: JACKSON TWP
  • Latitude: 40.1189
  • Longitude: -74.2615

    Address

  • Full Address: 226 Delaware Trl
  • Address - House Number: 226
  • Address - Street Name: Delaware
  • Address - Suffix Type: Trl
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R008
  • 4-Digit Zip Code: 2026
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $601,581

    Appraisal Valuation

  • Standard Deviation: 0.206
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 422,359
  • High Value: 509,397
  • Low Value: 335,322

    Market Valuation

  • Market Total Value: $232,900
  • Market Land Value: $142,700
  • Market Improvement Value: $90,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $232,900
  • Assessed Land Value: $142,700
  • Assessed Improvements Value: $90,200

    Sales

  • Current Sale Contract Date: Aug 20, 2020
  • Current Sale Recording Date: Sep 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020097401
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

1602 ft²

Average Home Age

29.3 years

Currently For Sale

4476 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 67 Rita Lane, Jackson, NJ, 08527

$2,600 /mo

  • 2 Beds
  • 1 Bath
  • 1,600 ft²
67 Rita Lane, Jackson, NJ, 08527 Listing by Dennis Hollman

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Christopher Quinn, C21/ Action Plus Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21921345
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 226 Delaware Trail built and last sold?
The property at 226 Delaware Trail was built in 1958 and last sold on Aug 20, 2020 for $225,000.
How much is this home worth?
The estimated value of the home located at 226 Delaware Trail is $0.
What are some comparable homes to 226 Delaware Trail?
There are currently no comparable homes to 226 Delaware Trail.
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