253-255 High Bridge Road
About This Property
Welcome to 5.49 acres of natural beauty located in Jackson Township's FA-1 zoning district. This parcel, made up of two adjoining lots (3.27 acres and 2.22 acres), offers a serene and heavily wooded setting in the Pinelands.
Available information indicates that wetlands and required wetland buffers cover the entirety of the property. Under the Township Land Use Ordinance and Pinelands Commish regulations, most development including clearing and land disturbance is prohibited. Certain uses, such as those exclusively for agriculture, may be permitted; however, all buyers are strongly encouraged to review Jackson Township's Land Use Ordinance and consult with the zoning officer for detailed information regarding permitted uses
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 26, 2025 | Sold | ||
| Sold | |||
| Sep 9, 2025 | In contract | - | |
| In contract | |||
| Aug 16, 2025 | Price Decreased |
$125,000
↓ $49K
(28.2%) | |
| Price Decreased | |||
| Jul 29, 2025 | Price Decreased |
$174,000
↓ $11K
(6%) | |
| Price Decreased | |||
| Jul 15, 2025 | Price Decreased |
$184,999
↓ $15K
(7.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017