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Ocean 08527
227 Jackson Pines Road
$800,000
● House - Off Market

227 Jackson Pines Road

Jackson, NJ 08527
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,836 Ft²
$676,474
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

THIS IS A COMING SOON LISTING AND CANNOT BE SHOWN UNTIL 7/17/23. Large 2.5 Acre property in Jackson close to S. Hope Chapel Road. 3 bedroom 2 bath single story home with full basement. Oversized detached garage/work shop with tall overhead door.  Level lot with approximately 1 acre cleared and 1.5 acres of wooded privacy. Located in an area with new large single family home construction. Great opportunity to renovate/expand or build your new dream home. R3 Zoning allows for multiple uses.
Unit Size
1,836 Ft²
Days on Market
-
Land Size
2.46 acres
Price per sqft
$370
Property Type
House
Property Taxes
$584
HOA Dues
-
Year Built
1952

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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 #22318967)

Price History

Date / Event Date Event Price
Oct 30, 2023 Sold
Premium
Sold
Jul 13, 2023 Listed by C21/ Action Plus Realty $679,000
Listed by C21/ Action Plus Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 720
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 107,158
  • Total Building Area: 1,836
  • Building Area: 1,836
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,836
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002460
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: TAX MAP 140
  • District: 12
  • Parcel: 12 14001-0000-00004
  • Block: 14001
  • Lot: 4
  • Municipality: JACKSON TWP
  • Latitude: 40.0955
  • Longitude: -74.2659

    Address

  • Full Address: 227 Jackson Pines Rd
  • Address - House Number: 227
  • Address - Street Name: Jackson Pines
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R008
  • 4-Digit Zip Code: 2947
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $700,510

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 63
  • Final Value: 789,394
  • High Value: 991,104
  • Low Value: 587,685

    Market Valuation

  • Market Total Value: $271,200
  • Market Land Value: $130,400
  • Market Improvement Value: $140,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $271,200
  • Assessed Land Value: $130,400
  • Assessed Improvements Value: $140,800

    Sales

  • Current Sale Contract Date: Oct 17, 2023
  • Current Sale Recording Date: Nov 09, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 84392
  • Previous Sale Recording Date: Oct 29, 1997
  • Previous Sale Contract Date: Sep 29, 1997
  • Previous Sale Amount: $129,900
  • 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

0.19%

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 46 Renee Court, Jackson, NJ, 08527

$3,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,280 ft²
46 Renee Court, Jackson, NJ, 08527 Listing by Meghan Anderson

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# 22318967
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 227 Jackson Pines Road built and last sold?
The property at 227 Jackson Pines Road was built in 1952 and last sold on Oct 17, 2023 for $800,000.
How much is this home worth?
The estimated value of the home located at 227 Jackson Pines Road is $0.
What are some comparable homes to 227 Jackson Pines Road?
There are currently no comparable homes to 227 Jackson Pines Road.
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