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Monmouth 07746
3 Jack Lane
$489,900
● House - Off Market

3 Jack Lane

Marlboro, NJ 07746
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,100 Ft²
$955,053
RealtyHop Estimate
94.95%
Since Nov 1, 2013
National-US
Primary Model

About This Property

Popular Versailles (Buckingham) model. Spacious 5 bd colonial in a desired community. Large eat-in kitchen w/center island, all appliances, wood laminate floor & bay windows. New carpeting-LR,fam rm,master bd & stairs. Huge master bd has walk-in closet w/organizers & large bathroom w/tub and shower. Formal dining rm & living rm w/bay windows. Impressive entry foyer has 2 large closets and wood laminate floor. Full finished basement. Inviting private deck. Side entry garages. Top rated schools.
Unit Size
3,100 Ft²
Days on Market
-
Land Size
-
Price per sqft
$158
Property Type
House
Property Taxes
$824
HOA Dues
-
Year Built
1984

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 #21305992)

Price History

Date / Event Date Event Price
Oct 25, 2013 Sold
Premium
Sold
Feb 23, 2013 Listed by Berkshire Hathaway HomeServices Fox & Roach - Manalapan $489,900
Listed by Berkshire Hathaway HomeServices Fox & Roach - Manalapan

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,666
  • Garage Type: 1
  • Garage Square Area: 483
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • Total Building Area: 3,094
  • Building Area: 3,094
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,094
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Marlboro Township School District
  • Census Tract: 809704

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: TAX MAP 154
  • District: 30
  • Parcel: 30 00397-0000-00001
  • Block: 397
  • Lot: 1
  • Municipality: MARLBORO TWP
  • Latitude: 40.2972
  • Longitude: -74.2667

    Address

  • Full Address: 3 Jack Ln
  • Address - House Number: 3
  • Address - Street Name: Jack
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Marlboro
  • Carrier Code: C014
  • 4-Digit Zip Code: 1886
  • Zip Code: 07746

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,275,440

    Appraisal Valuation

  • Standard Deviation: 0.1631
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 922,306
  • High Value: 1,072,774
  • Low Value: 771,837

    Market Valuation

  • Market Total Value: $535,000
  • Market Land Value: $179,600
  • Market Improvement Value: $355,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $535,000
  • Assessed Land Value: $179,600
  • Assessed Improvements Value: $355,400

    Sales

  • Current Sale Contract Date: Oct 25, 2013
  • Current Sale Recording Date: Nov 14, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2013124151

    Financing

  • First Mortgage Financing Type: ADJ
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 Monmouth

Stats & Trends

Median Asking:

$744,900

Sale Price/ft²

$388

Above Asking

0.00%

Average Days on Market

71

Average Home Size

2019 ft²

Average Home Age

45.2 years

Currently For Sale

1810 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 18 Hobart Street, Marlboro, NJ, 07746

$5,000 /mo

  • 3 Beds
  • 2 Baths
18 Hobart Street, Marlboro, NJ, 07746 Listing by Joseph Orrico
Unit for rent at 301 Holland Drive, Marlboro, NJ, 07746

$4,850 /mo

  • 3 Beds
  • 2 Baths
301 Holland Drive, Marlboro, NJ, 07746 Listing by David Rosenbaum

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Allan Buim, Berkshire Hathaway HomeServices Fox & Roach - Manalapan
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21305992
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 3 Jack Lane built and last sold?
The property at 3 Jack Lane was built in 1984 and last sold on Oct 25, 2013 for $489,900.
How much is this home worth?
The estimated value of the home located at 3 Jack Lane is $494,799.
What are some comparable homes to 3 Jack Lane?
There are currently no comparable homes to 3 Jack Lane.
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