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Ocean 08527
291 Crescent Avenue
$320,000
● House - Off Market

291 Crescent Avenue

Jackson, NJ 08527
bedrooms
2 Beds
bathrooms
1 Bath
square feet
672 Ft²
$335,562
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Private Paradise on Almost 2 Acres in the Sought-after Cassville Section of Jackson.  This Home is as cute as a Button With plenty of Natural Light, Two Decks, Full Basement, Two Bedrooms, Living Room Opens to Updated Kitchen. overlooking spacious yard. Fantastic Home at a Fantastic Price!! Perfect for First Time Home Buyers!
Unit Size
672 Ft²
Days on Market
-
Land Size
1.75 acres
Price per sqft
$499
Property Type
House
Property Taxes
$381
HOA Dues
-
Year Built
1938

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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 #22308236)

Price History

Date / Event Date Event Price
Jun 22, 2023 Sold
Premium
Sold
Mar 27, 2023 Listed by Weichert Realtors-Brick $335,000
Listed by Weichert Realtors-Brick

Property Highlights

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • 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: 546
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 76,230
  • Total Building Area: 672
  • Building Area: 672
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 672
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001750
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717300

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: TAX MAP 114
  • District: 12
  • Parcel: 12 11401-0000-00021
  • Block: 11401
  • Lot: 21
  • Municipality: JACKSON TWP
  • Latitude: 40.1228
  • Longitude: -74.3903

    Address

  • Full Address: 291 Crescent Ave
  • Address - House Number: 291
  • Address - Street Name: Crescent
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R021
  • 4-Digit Zip Code: 4656
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $456,881

    Appraisal Valuation

  • Standard Deviation: 0.206
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 346,128
  • High Value: 417,457
  • Low Value: 274,800

    Market Valuation

  • Market Total Value: $180,800
  • Market Land Value: $108,800
  • Market Improvement Value: $72,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $180,800
  • Assessed Land Value: $108,800
  • Assessed Improvements Value: $72,000

    Sales

  • Current Sale Contract Date: Jun 21, 2023
  • Current Sale Recording Date: Jun 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 47436
  • Previous Sale Recording Date: Dec 10, 2008
  • Previous Sale Contract Date: Dec 05, 2008
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: 12
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:

$499,900

Sale Price/ft²

$305

Above Asking

0.16%

Average Days on Market

73

Average Home Size

1584 ft²

Average Home Age

32.3 years

Currently For Sale

3036 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: Rachel Guarino, Weichert Realtors-Brick
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22308236
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 291 Crescent Avenue built and last sold?
The property at 291 Crescent Avenue was built in 1938 and last sold on Jun 21, 2023 for $320,000.
How much is this home worth?
The estimated value of the home located at 291 Crescent Avenue is $0.
What are some comparable homes to 291 Crescent Avenue?
There are currently no comparable homes to 291 Crescent Avenue.
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