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Ocean 08527
294 Metedeconk Trail
$326,400
● House - Off Market

294 Metedeconk Trail

Jackson, NJ 08527
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,686 Ft²
$546,390
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

A diamond in the rough is what we call this gem of a home!   3 Bedroom, 2 Full Bath home which sits on 1.16 acres of beautiful, secluded, corner lot with so many possibilities. Come expand the home or doll up what is here.  New roof installed in 2016.  Home features hardwood floors and full bathrooms on 1st & 2nd floor. Central air!  Master bedroom is huge with two walk-in closets. Wonderful, level, treed lot with circular driveway which wraps around the house. (Two driveway entrances).   Centrally located. You'll love this one and it won't last!
Unit Size
1,686 Ft²
Days on Market
135 days
Land Size
1.16 acres
Price per sqft
$222
Property Type
House
Property Taxes
$562
HOA Dues
-
Year Built
1946

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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 #21937153)

Price History

Date / Event Date Event Price
Jan 23, 2020 Sold
Premium
Sold
Sep 10, 2019 Listed by Theobald Properties LLC $375,000
Listed by Theobald Properties LLC

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 753
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 50,530
  • Total Building Area: 1,686
  • Building Area: 1,686
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,686
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001160
  • 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 74
  • District: 12
  • Parcel: 12 07401-0000-00001
  • Block: 7401
  • Lot: 1
  • Municipality: JACKSON TWP
  • Latitude: 40.1174
  • Longitude: -74.264

    Address

  • Full Address: 294 Metedeconk Trl
  • Address - House Number: 294
  • Address - Street Name: Metedeconk
  • Address - Suffix Type: Trl
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R008
  • 4-Digit Zip Code: 2028
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $724,532

    Appraisal Valuation

  • Standard Deviation: 0.2136
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 537,910
  • High Value: 652,829
  • Low Value: 422,992

    Market Valuation

  • Market Total Value: $280,500
  • Market Land Value: $122,900
  • Market Improvement Value: $157,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $280,500
  • Assessed Land Value: $122,900
  • Assessed Improvements Value: $157,600

    Sales

  • Current Sale Contract Date: Jan 23, 2020
  • Current Sale Recording Date: Jan 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020010576
  • Previous Sale Recording Date: Jul 29, 1998
  • Previous Sale Contract Date: May 20, 1998
  • Previous Sale Amount: $86,700
  • 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:

$499,900

Sale Price/ft²

$305

Above Asking

0.23%

Average Days on Market

74

Average Home Size

1598 ft²

Average Home Age

35.1 years

Currently For Sale

2972 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 69 Forest Drive, Jackson, NJ, 08527

$3,295 /mo

  • 5 Beds
  • 2 Baths
69 Forest Drive, Jackson, NJ, 08527 Listing by Efrayim Lax

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Geraldine McCarthy, Theobald Properties LLC
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21937153
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 294 Metedeconk Trail built and last sold?
The property at 294 Metedeconk Trail was built in 1946 and last sold on Jan 23, 2020 for $326,400.
How much is this home worth?
The estimated value of the home located at 294 Metedeconk Trail is $0.
What are some comparable homes to 294 Metedeconk Trail?
There are currently no comparable homes to 294 Metedeconk Trail.
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