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Ocean 08527
235 New Central Avenue
$360,000
● House - Off Market

235 New Central Avenue

Jackson, NJ 08527
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
$660,195
RealtyHop Estimate
86.44%
Since Feb 1, 2015
National-US
Primary Model

About This Property

Great Home, Circular drive and beautiful property.Fun yard for entertaining! In ground heated concrete pool with Jacuzzi,hot tub. Large Tikki Bar-pool house, Extra Large Deck with Electric Awning too! Master BR has fireplace & Master bath with Jacuzzi tub. Beautiful Kitchen with granite counters & extra oven. Spacious Family room with fireplace. Finished basement with 4 additional rooms & full bath.3 car garage, 1 used presently as laundry room. This is a short sale.
Unit Size
-
Days on Market
-
Land Size
0.61 acres
Price per sqft
-
Property Type
House
Property Taxes
$631
HOA Dues
-
Year Built
1985

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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 #21428390)

Price History

Date / Event Date Event Price
Jan 26, 2015 Sold
Premium
Sold
Jul 14, 2014 Listed by C21/ Action Plus Realty $354,100
Listed by C21/ Action Plus Realty

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 3
  • 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: 1,312
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,572
  • Total Building Area: 2,136
  • Building Area: 2,136
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,136
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000610
  • 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 139
  • District: 12
  • Parcel: 12 13901-0000-00005
  • Block: 13901
  • Lot: 5
  • Municipality: JACKSON TWP
  • Latitude: 40.093
  • Longitude: -74.268

    Address

  • Full Address: 235 New Central Ave
  • Address - House Number: 235
  • Address - Street Name: New Central
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R008
  • 4-Digit Zip Code: 2952
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $894,052

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 667,109
  • High Value: 796,192
  • Low Value: 538,026

    Market Valuation

  • Market Total Value: $353,800
  • Market Land Value: $106,200
  • Market Improvement Value: $247,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $353,800
  • Assessed Land Value: $106,200
  • Assessed Improvements Value: $247,600

    Sales

  • Current Sale Contract Date: Mar 05, 2018
  • Current Sale Recording Date: Mar 16, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2018025646
  • Previous Sale Recording Date: Feb 25, 2015
  • Previous Sale Contract Date: Jan 23, 2015
  • Previous Sale Amount: $360,000
  • 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:

$499,900

Sale Price/ft²

$306

Above Asking

0.16%

Average Days on Market

73

Average Home Size

1578 ft²

Average Home Age

32.4 years

Currently For Sale

3049 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: Leonora A Grisanti, C21/ Action Plus Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21428390
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 235 New Central Avenue built and last sold?
The property at 235 New Central Avenue was built in 1985 and last sold on Mar 5, 2018 for $585,000.
How much is this home worth?
The estimated value of the home located at 235 New Central Avenue is $0.
What are some comparable homes to 235 New Central Avenue?
There are currently no comparable homes to 235 New Central Avenue.
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