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Ocean 08527
3 Lons Lane
$520,000
● House - Off Market

3 Lons Lane

Jackson, NJ 08527
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
$1,004,422
RealtyHop Estimate
86.87%
Since Jan 1, 2015
National-US
Primary Model

About This Property

MOTIVATED SELLER!!! Looking for that PERFECT home in the heart of EVERYTHING but you want PRIVACY & to feel like you're miles away? THIS is it! Nestled amongst a SECRET cul-de-sac awaits this top quality, CUSTOM BUILT 5 or 6 BR contemporary colonial w/ all the SPECIAL AMMENITIES you could want! Features include: Hi-Eff. Fresh Air Filtering System, Generator, Dry Sauna, + Teen/Inlaw Suite w/ PRIVATE ENTRANCE! Finish the W/O basement & attic for even more sq. footage! Fishing from nearby pond!
Unit Size
-
Days on Market
-
Land Size
0.93 acres
Price per sqft
-
Property Type
House
Property Taxes
$809
HOA Dues
-
Year Built
1999

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 #21426889)

Price History

Date / Event Date Event Price
Dec 16, 2014 Sold
Premium
Sold
Jul 3, 2014 Listed by Keller Williams Realty Monmouth/Ocean $537,500
Listed by Keller Williams Realty Monmouth/Ocean

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 1,678
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,511
  • Total Building Area: 2,862
  • Building Area: 2,862
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,862
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000930
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717002

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: TAX MAP 64
  • District: 12
  • Parcel: 12 06401-0000-00048
  • Block: 6401
  • Lot: 48
  • Municipality: JACKSON TWP
  • Latitude: 40.1311
  • Longitude: -74.2654

    Address

  • Full Address: 3 Lons Ln
  • Address - House Number: 3
  • Address - Street Name: Lons
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R014
  • 4-Digit Zip Code: 2257
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,228,474

    Appraisal Valuation

  • Standard Deviation: 0.2089
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 957,243
  • High Value: 1,157,230
  • Low Value: 757,255

    Market Valuation

  • Market Total Value: $475,600
  • Market Land Value: $94,700
  • Market Improvement Value: $380,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $475,600
  • Assessed Land Value: $94,700
  • Assessed Improvements Value: $380,900

    Sales

  • Current Sale Contract Date: Dec 16, 2014
  • Current Sale Recording Date: Jan 05, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2015000581
  • Previous Sale Recording Date: Feb 20, 2004
  • Previous Sale Contract Date: Feb 05, 2004
  • Previous Sale Amount: $427,500
  • 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

38.1 years

Currently For Sale

2976 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: Diana Brunner, Keller Williams Realty Monmouth/Ocean
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21426889
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 Lons Lane built and last sold?
The property at 3 Lons Lane was built in 1999 and last sold on Dec 16, 2014 for $520,000.
How much is this home worth?
The estimated value of the home located at 3 Lons Lane is $542,875.
What are some comparable homes to 3 Lons Lane?
There are currently no comparable homes to 3 Lons Lane.
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