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Ocean 08527
255 Metedeconk Trail
$330,000
● House - Off Market

255 Metedeconk Trail

Jackson, NJ 08527
bedrooms
3 Beds
bathrooms
1 Bath
$364,066
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

This 3 Bedroom 1 Bath Home offers Plenty of Room to Roam on 1.2 Acres.....Bring your Fishing Pole the Property includes access to the Metedeconk River!  Great Condo/Renting Alternative!  Nice sized Rooms...Relaxing Front & Back Decks with Vinyl Railings.. Pretty fenced yard...New(2020) Furnace & A/C... Come take a Look today!
Unit Size
-
Days on Market
-
Land Size
1.20 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1985

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: 3 years ago (MOMLS #22111060)

Price History

Date / Event Date Event Price
Jul 21, 2021 Sold
Premium
Sold
Apr 13, 2021 Listed by RE/MAX Realty 9 $315,000
Listed by RE/MAX Realty 9

Property Highlights

Air Conditioning

Building Info

Overview

    General

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

    Dimensions

  • Lot Size Square Feet: 52,272
  • Total Building Area: 1,032
  • Building Area: 1,032
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,032
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001200
  • 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 07501-0000-00010
  • Block: 7501
  • Lot: 10
  • Municipality: JACKSON TWP
  • Latitude: 40.1155
  • Longitude: -74.2614

    Address

  • Full Address: 255 Metedeconk Trl
  • Address - House Number: 255
  • 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: $597,965

    Appraisal Valuation

  • Standard Deviation: 0.2663
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 62
  • Final Value: 422,665
  • High Value: 535,227
  • Low Value: 310,103

    Market Valuation

  • Market Total Value: $231,500
  • Market Land Value: $137,800
  • Market Improvement Value: $93,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $231,500
  • Assessed Land Value: $137,800
  • Assessed Improvements Value: $93,700

    Sales

  • Current Sale Contract Date: Jul 07, 2021
  • Current Sale Recording Date: Jul 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021108881
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

$302

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1593 ft²

Average Home Age

24.1 years

Currently For Sale

4226 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: Donna Keidel, RE/MAX Realty 9
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22111060
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 255 Metedeconk Trail built and last sold?
The property at 255 Metedeconk Trail was built in 1985 and last sold on Jul 7, 2021 for $330,000.
How much is this home worth?
The estimated value of the home located at 255 Metedeconk Trail is $0.
What are some comparable homes to 255 Metedeconk Trail?
There are currently no comparable homes to 255 Metedeconk Trail.
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