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Ocean 08527
3 Sunshine Way
$440,000
● House - Off Market

3 Sunshine Way

Jackson, NJ 08527
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$767,274
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model

About This Property

Lovely 4 Bedroom 2.5 Bath Center Hall Colonial in Diamond Estates~Features include Kitchen with 42'' Cabinets, Stainless Steel Appliances, Butler Pantry and Sliders leading to Backyard. Master Bedroom Highlights entail Full Attached Master Bath with Soaking Tub and Shower Stall, Walk in Closet and Tray Ceiling. This Home Offers Over 3000sf. of Living Space and Oversized Rooms Throughout...If That's Not Enough, there is also a Basement Ready to Be Finished. ~Can Close Quick~ Call Today!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$909
HOA Dues
-
Year Built
2003

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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 #21621384)

Price History

Date / Event Date Event Price
Oct 28, 2016 Sold
Premium
Sold
May 28, 2016 Listed by RE/MAX Homeland Realtors $455,000
Listed by RE/MAX Homeland Realtors

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,507
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,075
  • Total Building Area: 3,093
  • Building Area: 3,093
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,093
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000920
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717200

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: TAX MAP 38
  • District: 12
  • Parcel: 12 03802-0000-00040
  • Block: 3802
  • Lot: 40
  • Municipality: JACKSON TWP
  • Latitude: 40.1432
  • Longitude: -74.3706

    Address

  • Full Address: 3 Sunshine Way
  • Address - House Number: 3
  • Address - Street Name: Sunshine
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R003
  • 4-Digit Zip Code: 3178
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,279,104

    Appraisal Valuation

  • Standard Deviation: 0.2086
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 856,332
  • High Value: 1,034,987
  • Low Value: 677,676

    Market Valuation

  • Market Total Value: $509,400
  • Market Land Value: $138,900
  • Market Improvement Value: $370,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $509,400
  • Assessed Land Value: $138,900
  • Assessed Improvements Value: $370,500

    Sales

  • Current Sale Contract Date: Oct 12, 2016
  • Current Sale Recording Date: Nov 04, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2016114430
  • Previous Sale Recording Date: Dec 29, 2003
  • Previous Sale Contract Date: Dec 04, 2003
  • Previous Sale Amount: $374,900
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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

$306

Above Asking

0.23%

Average Days on Market

74

Average Home Size

1588 ft²

Average Home Age

35.2 years

Currently For Sale

3033 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 5 Shepherds Way, Jackson, NJ, 08527

$4,300 /mo

  • 4 Beds
  • 2 Baths
  • 2,803 ft²
5 Shepherds Way, Jackson, NJ, 08527 Listing by Vincent Frana

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Michelle M Anderson, RE/MAX Homeland Realtors
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21621384
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 Sunshine Way built and last sold?
The property at 3 Sunshine Way was built in 2003 and last sold on Oct 12, 2016 for $440,000.
How much is this home worth?
The estimated value of the home located at 3 Sunshine Way is $0.
What are some comparable homes to 3 Sunshine Way?
There are currently no comparable homes to 3 Sunshine Way.
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