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Ocean 08527
23 Woods Edge Drive
$900,000
● House - Off Market

23 Woods Edge Drive

Jackson, NJ 08527
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,053 Ft²
$5,585
Est. Monthly
3.84%
Cap Rate

About This Property

*** BEAUTIFUL COLONIAL AVAILABLE *** OVER 3000 SQF *** GREETED BY TWO STORY ENTRYWAY *** HARDWOOD FLOORS DINING AND LIVING ROOM *** BONUS BACK ROOM WITH SEPARATE ENTRANCE *** BIG EAT IN KITCHEN WITH GRANITE COUNTERTOPS *** DECORATIVE MOLDINGS THROUGHOUT *** TWO STORY FAMILY ROOM WITH WOOD BURNING FIREPLACE *** FOUR BEDROOMS ON SECOND FLOOR *** BIG MASTER BEDROOM INCLUDES BUILT IN WALK IN CLOSET AND FULL BATHROOM *** NEW FLOORING IN BEDROOMS *** FINISHED BASEMENT INCLUDES BIG OPEN AREA,GRANITE BAR ,BIG STORAGE ROOM,DOUBLE CLOSET FOR CLOTHING STORAGE AND GYM AREA *** AMAZING BACKYARD WITH IN GROUND POOL ,PATIO AND GRASSY AREA *** BIG GARAGE *** NEWER POOL LINER AND COVER *** NEWER WATER HEATER *** NEW WATER SOFTENER SYSTEM ***
Unit Size
3,053 Ft²
Days on Market
-
Land Size
1.08 acres
Price per sqft
$303
Property Type
House
Property Taxes
$1,043
HOA Dues
-
Year Built
2002

Payment Calculator

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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 #22431945)

Price History

Date / Event Date Event Price
Feb 18, 2025 Sold
Premium
Sold
Dec 8, 2024 In contract -
In contract
Nov 5, 2024 Listed by Keller Williams Realty Monmouth/Ocean $925,000
Listed by Keller Williams Realty Monmouth/Ocean

Property Highlights

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 4
  • 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: 1,549
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,045
  • Total Building Area: 3,053
  • Building Area: 3,053
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,053
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001080
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: TAX MAP 103
  • District: 12
  • Parcel: 12 10303-0000-00013
  • Block: 10303
  • Lot: 13
  • Municipality: JACKSON TWP
  • Latitude: 40.1289
  • Longitude: -74.4072

    Address

  • Full Address: 23 Woods Edge Dr
  • Address - House Number: 23
  • Address - Street Name: Woods Edge
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R018
  • 4-Digit Zip Code: 4768
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,224,837

    Appraisal Valuation

  • Standard Deviation: 0.2086
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 827,215
  • High Value: 999,796
  • Low Value: 654,634

    Market Valuation

  • Market Total Value: $484,700
  • Market Land Value: $92,700
  • Market Improvement Value: $392,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $484,700
  • Assessed Land Value: $92,700
  • Assessed Improvements Value: $392,000

    Sales

  • Current Sale Contract Date: Jun 15, 2007
  • Current Sale Recording Date: Jun 29, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2007090136
  • Previous Sale Recording Date: Oct 24, 2001
  • Previous Sale Contract Date: Oct 16, 2001
  • Previous Sale Amount: $322,200
  • 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

29.8 years

Currently For Sale

4627 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 5 Shepherds Way, Jackson, NJ, 08527

$4,300 /mo

  • 4 Beds
  • 2 Baths
  • 2,803 ft²
5 Shepherds Way, Jackson, NJ, 08527 Listing by Vincent Frana
Unit for rent at 896 Anderson Road, Jackson, NJ, 08527

$3,800 /mo

  • 6 Beds
  • 3 Baths
  • 2,352 ft²
896 Anderson Road, Jackson, NJ, 08527 Listing by Jerel Stewart

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Efrayim Lax, Keller Williams Realty Monmouth/Ocean
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22431945
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 23 Woods Edge Drive built and last sold?
The property at 23 Woods Edge Drive was built in 2002 and last sold on Jun 15, 2007 for $650,000.
How much is this home worth?
The estimated value of the home located at 23 Woods Edge Drive is $0.
What are some comparable homes to 23 Woods Edge Drive?
There are currently no comparable homes to 23 Woods Edge Drive.
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