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Ocean 08527
28 Oakland Drive
$221,100
● House - Off Market

28 Oakland Drive

Jackson, NJ 08527
bedrooms
2 Beds
bathrooms
1 Bath
$270,411
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Why buy a condo or town home? Opportunity is Knocking on your door with this affordably priced Ranch in Jackson on corner lot. Home features large room sizes and newer laminate wood like flooring.  Kitchen with plenty of  cabinets and counter space, including a spacious Eat in Kitchen/ Dining room area. Large Master bedroom with gas fireplace. Second bedroom with ample space. Full bath, huge entrance which could be small office. Mud room also can have multiple uses!  Basement for storage. Fully fenced in yard with shed for storage. Close to shopping and minutes from Rt 9, 195 – Come see this home today!!
Unit Size
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$404
HOA Dues
-
Year Built
1946

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 #22135295)

Price History

Date / Event Date Event Price
Jan 21, 2022 Sold
Premium
Sold
Oct 29, 2021 Listed by RE/MAX Central $250,000
Listed by RE/MAX Central

Property Highlights

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: 192
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 1,091
  • Building Area: 1,091
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,091
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717102

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: TAX MAP 85
  • District: 12
  • Parcel: 12 08502-0000-00008
  • Block: 8502
  • Lot: 8
  • Municipality: JACKSON TWP
  • Latitude: 40.1282
  • Longitude: -74.2872

    Address

  • Full Address: 28 Oakland Dr
  • Address - House Number: 28
  • Address - Street Name: Oakland
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R014
  • 4-Digit Zip Code: 2723
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $498,183

    Appraisal Valuation

  • Standard Deviation: 0.222
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 329,932
  • High Value: 403,202
  • Low Value: 256,661

    Market Valuation

  • Market Total Value: $198,400
  • Market Land Value: $120,400
  • Market Improvement Value: $78,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $198,400
  • Assessed Land Value: $120,400
  • Assessed Improvements Value: $78,000

    Sales

  • Current Sale Contract Date: Jan 21, 2022
  • Current Sale Recording Date: Jan 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 9656
  • Previous Sale Recording Date: Oct 05, 1994
  • Previous Sale Contract Date: Sep 27, 1994
  • Previous Sale Amount: $65,000
  • 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:

$499,000

Sale Price/ft²

$303

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1599 ft²

Average Home Age

29.3 years

Currently For Sale

4443 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 46 Renee Court, Jackson, NJ, 08527

$3,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,280 ft²
46 Renee Court, Jackson, NJ, 08527 Listing by Meghan Anderson

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Penelope Vincek, RE/MAX Central
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22135295
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 28 Oakland Drive built and last sold?
The property at 28 Oakland Drive was built in 1946 and last sold on Jan 21, 2022 for $222,100.
How much is this home worth?
The estimated value of the home located at 28 Oakland Drive is $0.
What are some comparable homes to 28 Oakland Drive?
There are currently no comparable homes to 28 Oakland Drive.
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