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Ocean 08527
273 Toms River Road
$350,000
● House - Off Market

273 Toms River Road

Jackson, NJ 08527
bedrooms
2 Beds
bathrooms
2 Baths
$1,768
Est. Monthly

About This Property

Why Rent when you can Own!!  Two Homes for the Price of One!! This unique Property offers great flexibility the second home is prefect for a guest house, workspace, or could be an Amazing Man Cave/She Shed!!. Bring your imagination...lots of potential with a little sweat equity this property can be a Great Investment!!

Newer well..Updated Bathroom..Homes have been Well Maintained just need updating to Make them Shine!!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1942

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: 2 years ago (MOMLS #22435629)

Price History

Date / Event Date Event Price
Jan 2, 2025 Sold
Premium
Sold
Dec 28, 2024 In contract -
In contract
Dec 20, 2024 Listed by RE/MAX Realty 9 $360,000
Listed by RE/MAX Realty 9

Property Highlights

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Bedroom Count: 1
  • 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: 30,056
  • Total Building Area: 814
  • Building Area: 814
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 814
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000690
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717400

Zoning

  • Zoning: FA6

Geography

  • Assessors Map Reference: TAX MAP 170
  • District: 12
  • Parcel: 12 17001-0000-00027
  • Block: 17001
  • Lot: 27
  • Municipality: JACKSON TWP
  • Latitude: 40.0882
  • Longitude: -74.3832

    Address

  • Full Address: 273 Toms River Rd
  • Address - House Number: 273
  • Address - Street Name: Toms River
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R012
  • 4-Digit Zip Code: 3717
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $399,266

    Appraisal Valuation

  • Standard Deviation: 0.153
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 317,029
  • High Value: 365,560
  • Low Value: 268,498

    Market Valuation

  • Market Total Value: $158,000
  • Market Land Value: $98,600
  • Market Improvement Value: $59,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $158,000
  • Assessed Land Value: $98,600
  • Assessed Improvements Value: $59,400
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

1592 ft²

Average Home Age

24.2 years

Currently For Sale

4244 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: Donna Keidel, RE/MAX Realty 9
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22435629
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 273 Toms River Road built and last sold?
The property at 273 Toms River Road was built in 1942 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 273 Toms River Road is $0.
What are some comparable homes to 273 Toms River Road?
There are currently no comparable homes to 273 Toms River Road.
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