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Ocean 08527
25 Princeton Drive
$328,000
● House - Off Market

25 Princeton Drive

Jackson, NJ 08527
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$517,530
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

Brookwood of Jackson::::This 4 bedroom split level sits on a quiet street with fenced in flat backyard. Remodeled eat-in kitchen**updated baths**New flooring on main level**Hardwood flooring on remaining floors**newer roof**newer driveway**proffesionally landscaped**stainless appliances**centrally located on the northeast corner of Jackson. Set up a viewing today .
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$507
HOA Dues
-
Year Built
1960

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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 #21735619)

Price History

Date / Event Date Event Price
May 15, 2018 Sold
Premium
Sold
Sep 12, 2017 Listed by Real Estate, LTD $339,900
Listed by Real Estate, LTD
Jul 29, 2017 Listed $345,000
Listed
This well cared for split level offers 4 bedrooms(1 on main level)1.5 baths totally remodeled kitchen with granite, stainless steel, custom tiled back splash, tile floor, upgraded cabinetry, newer baths, new flooring in lower level, hardwood throughout upper level, central air, newer roof, great deck for entertaining leading to flat fenced in yard with newer shed. Move-in ready! The manager has listed the unit size as 1664 square feet.
Dec 30, 2013 Sold
Premium
Sold
Mar 2, 2013 Listed by Real Estate, LTD $249,900
Listed by Real Estate, LTD
Look no more... This well cared for Split level offers 4 bedrooms(1 on main level)1 and 1/2 baths**Totally Remodeled Kitchen with Granite**Stainless steel**Custom Tiled back splash**Tile floor**Upgraded Cabinetry**Newer baths*New laminate flooring in Lower level**hardwood throughout upper level**Central air**Newer roof**Great deck for entertaining leading to flat fenced in yard with play set and newer shed. You will not be disappointed.Make an offer today!!!!This is a short sale. Make an offer

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 12
  • 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: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,999
  • Total Building Area: 1,664
  • Building Area: 1,664
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,664
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R9

Geography

  • Assessors Map Reference: TAX MAP 77
  • District: 12
  • Parcel: 12 07706-0000-00005
  • Block: 7706
  • Lot: 5
  • Municipality: JACKSON TWP
  • Latitude: 40.1205
  • Longitude: -74.2679

    Address

  • Full Address: 25 Princeton Dr
  • Address - House Number: 25
  • Address - Street Name: Princeton
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Jackson
  • Carrier Code: C003
  • 4-Digit Zip Code: 2317
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $683,978

    Appraisal Valuation

  • Standard Deviation: 0.2136
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 499,998
  • High Value: 606,817
  • Low Value: 393,180

    Market Valuation

  • Market Total Value: $264,800
  • Market Land Value: $132,100
  • Market Improvement Value: $132,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $264,800
  • Assessed Land Value: $132,100
  • Assessed Improvements Value: $132,700

    Sales

  • Current Sale Contract Date: May 08, 2018
  • Current Sale Recording Date: May 17, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2018048400
  • Previous Sale Recording Date: Jan 14, 2014
  • Previous Sale Contract Date: Dec 30, 2013
  • Previous Sale Amount: $208,514
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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 2 Kathleen Drive, Jackson, NJ, 08527

$3,964 /mo

  • 1 Bed
  • 1 Bath
2 Kathleen Drive, Jackson, NJ, 08527 Listing by Sean F Quinn
Unit for rent at 31 Oakland Drive, Jackson, NJ, 08527

$4,000 /mo

  • 3 Beds
  • 3 Baths
  • 2,791 ft²
31 Oakland Drive, Jackson, NJ, 08527 Listing by Miriam Rubin-Feldheim

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Melanie Shimak, Real Estate, LTD
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21735619
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 25 Princeton Drive built and last sold?
The property at 25 Princeton Drive was built in 1960 and last sold on May 8, 2018 for $335,500.
How much is this home worth?
The estimated value of the home located at 25 Princeton Drive is $0.
What are some comparable homes to 25 Princeton Drive?
There are currently no comparable homes to 25 Princeton Drive.
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