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Ocean 08527
245 Metedeconk Trail
$200,000
● House - Off Market

245 Metedeconk Trail

Jackson, NJ 08527
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
$478,729
RealtyHop Estimate
109.97%
Since Mar 1, 2013
National-US
Primary Model

About This Property

Adorable cape cod style home, with stone front and circular drive. 2 serene acres that back to the metedeconk river. Property is level and dry. This home features a stone fireplace in the living room, formal dining room, a bonus or family room and great kitchen. Also has a side sunroom which leads to a backyard deck. Has a detached garage.both bedrooms are upstairs with balconies over looking a wonderful back yard.THIS IS A BANK APPROVED SHORT SALE AND CAN CLOSE QUICKLY.
Unit Size
-
Days on Market
-
Land Size
2.02 acres
Price per sqft
-
Property Type
House
Property Taxes
$507
HOA Dues
-
Year Built
1946

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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 #21222801)

Price History

Date / Event Date Event Price
Feb 20, 2013 Sold
Premium
Sold
Jun 20, 2012 Listed by C21/ Action Plus Realty $228,000
Listed by C21/ Action Plus Realty

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • 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: 775
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,991
  • Total Building Area: 1,240
  • Building Area: 1,240
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,240
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002020
  • 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 75
  • District: 12
  • Parcel: 12 07501-0000-00012
  • Block: 7501
  • Lot: 12
  • Municipality: JACKSON TWP
  • Latitude: 40.1152
  • Longitude: -74.2607

    Address

  • Full Address: 245 Metedeconk Trl
  • Address - House Number: 245
  • Address - Street Name: Metedeconk
  • Address - Suffix Type: Trl
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R008
  • 4-Digit Zip Code: 2029
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $761,210

    Appraisal Valuation

  • Standard Deviation: 0.2136
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 506,050
  • High Value: 614,162
  • Low Value: 397,938

    Market Valuation

  • Market Total Value: $294,700
  • Market Land Value: $144,400
  • Market Improvement Value: $150,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $294,700
  • Assessed Land Value: $144,400
  • Assessed Improvements Value: $150,300

    Sales

  • Current Sale Contract Date: Feb 20, 2013
  • Current Sale Recording Date: Mar 01, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2013022723
  • Previous Sale Recording Date: Apr 18, 2006
  • Previous Sale Contract Date: Apr 13, 2006
  • Previous Sale Amount: $363,000
  • 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

32.5 years

Currently For Sale

3055 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: Leonora A Grisanti, C21/ Action Plus Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21222801
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 245 Metedeconk Trail built and last sold?
The property at 245 Metedeconk Trail was built in 1946 and last sold on Feb 20, 2013 for $275,000.
How much is this home worth?
The estimated value of the home located at 245 Metedeconk Trail is $0.
What are some comparable homes to 245 Metedeconk Trail?
There are currently no comparable homes to 245 Metedeconk Trail.
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