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Ocean 08527
3 Yale Court
$230,000
● House - Off Market

3 Yale Court

Jackson, NJ 08527
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,760 Ft²
$318,859
RealtyHop Estimate
77.24%
Since Feb 1, 2016
National-US
Primary Model

About This Property

TOO GOOD TO BE TRUE? -- but it is true!Fantastic opportunity to own this Colonial style 4 bedroom, 2 1/2 bath with a basement on a cul-de-sac. Furnace and water heater has been up-dated, now you just need to bring the sweat to bring the interior decor into the 21st century and add a lot of equity!
Unit Size
1,760 Ft²
Days on Market
-
Land Size
-
Price per sqft
$102
Property Type
House
Property Taxes
$520
HOA Dues
-
Year Built
1963

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: 2 years ago (MOMLS #21540567)

Price History

Date / Event Date Event Price
Jan 22, 2016 Sold
Premium
Sold
Oct 23, 2015 Listed by Partners Realty Group $179,900
Listed by Partners Realty Group

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 816
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 1,760
  • Building Area: 1,760
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,760
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000350
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717501

Zoning

  • Zoning: R9

Geography

  • Assessors Map Reference: TAX MAP 78
  • District: 12
  • Parcel: 12 07804-0000-00011
  • Block: 7804
  • Lot: 11
  • Municipality: JACKSON TWP
  • Latitude: 40.1242
  • Longitude: -74.2665

    Address

  • Full Address: 3 Yale Ct
  • Address - House Number: 3
  • Address - Street Name: Yale
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Jackson
  • Carrier Code: C003
  • 4-Digit Zip Code: 2323
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $768,959

    Appraisal Valuation

  • Standard Deviation: 0.2136
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 537,303
  • High Value: 652,092
  • Low Value: 422,515

    Market Valuation

  • Market Total Value: $297,700
  • Market Land Value: $133,500
  • Market Improvement Value: $164,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $297,700
  • Assessed Land Value: $133,500
  • Assessed Improvements Value: $164,200

    Sales

  • Current Sale Contract Date: Jan 21, 2016
  • Current Sale Recording Date: Jan 28, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2016009167

    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

$305

Above Asking

0.16%

Average Days on Market

73

Average Home Size

1588 ft²

Average Home Age

32.5 years

Currently For Sale

3034 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 2 Kathleen Drive, Jackson, NJ, 08527

$3,964 /mo

  • 1 Bed
  • 1 Bath
2 Kathleen Drive, Jackson, NJ, 08527 Listing by Sean F Quinn
Unit for rent at 31 Oakland Drive, Jackson, NJ, 08527

$4,000 /mo

  • 5 Beds
  • 3 Baths
  • 2,791 ft²
31 Oakland Drive, Jackson, NJ, 08527 Listing by Miriam Rubin-Feldheim

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Jon Day, Partners Realty Group
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21540567
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 Yale Court built and last sold?
The property at 3 Yale Court was built in 1963 and last sold on Jan 21, 2016 for $230,000.
How much is this home worth?
The estimated value of the home located at 3 Yale Court is $0.
What are some comparable homes to 3 Yale Court?
There are currently no comparable homes to 3 Yale Court.
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