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Ocean 08527
31 Mill Pond Road
$565,000
● House - Off Market

31 Mill Pond Road

Jackson, NJ 08527
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,146 Ft²
$835,618
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

If you are looking for it all , then look no further, this Luxurious and Captivating home has everything you could want. Located in desirable Whispering Hills Development. The impeccable landscape shows off on the full Brick elevation of the house sitting high on the hill.  2 Story entry way* hardwood floors throughout first floor* Living Room * Dining Room* Decorative molding* High Hat Lighting* Office* 1st floor Half a bath * spacious kitchen* upgraded cabinets* Stainless Steel Appliances* Viking Stove* Corian counters* tiled backsplash* 2 story family room* Crown Molding* wood fireplace* Plantation

shutters* French doors to backyard * Large Master suite w/ hardwood* walk in closet* Master bath* Tiled floors*soaking tub*  full finished basement* Crown Molding* bar with granite.
Unit Size
3,146 Ft²
Days on Market
-
Land Size
0.96 acres
Price per sqft
$181
Property Type
House
Property Taxes
$1,096
HOA Dues
$19
Year Built
2000

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 #21910457)

Price History

Date / Event Date Event Price
Aug 28, 2019 Sold
Premium
Sold
Mar 15, 2019 Listed by Coldwell Banker Realty $569,900
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • 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: 1,622
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,818
  • Total Building Area: 3,146
  • Building Area: 3,146
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,146
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000960
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717300

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: TAX MAP 101
  • District: 12
  • Parcel: 12 10108-0000-00008
  • Block: 10108
  • Lot: 8
  • Municipality: JACKSON TWP
  • Latitude: 40.1274
  • Longitude: -74.3852

    Address

  • Full Address: 31 Mill Pond Rd
  • Address - House Number: 31
  • Address - Street Name: Mill Pond
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R015
  • 4-Digit Zip Code: 4888
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,397,179

    Appraisal Valuation

  • Standard Deviation: 0.2099
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 922,671
  • High Value: 1,116,415
  • Low Value: 728,927

    Market Valuation

  • Market Total Value: $552,900
  • Market Land Value: $119,800
  • Market Improvement Value: $433,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $552,900
  • Assessed Land Value: $119,800
  • Assessed Improvements Value: $433,100

    Sales

  • Current Sale Contract Date: Aug 14, 2019
  • Current Sale Recording Date: Sep 13, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019090832
  • Previous Sale Recording Date: Jun 30, 2000
  • Previous Sale Contract Date: Jun 23, 2000
  • Previous Sale Amount: $265,900
  • 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

0.16%

Average Days on Market

73

Average Home Size

1584 ft²

Average Home Age

32.4 years

Currently For Sale

3030 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
Unit for rent at 6 Nancy Court, Jackson, NJ, 08527

$4,100 /mo

  • 4 Beds
  • 3 Baths
  • 2,692 ft²
6 Nancy Court, Jackson, NJ, 08527 Listing by Luke Graham

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Lisa Angelicola, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21910457
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 31 Mill Pond Road built and last sold?
The property at 31 Mill Pond Road was built in 2000 and last sold on Aug 14, 2019 for $56,500.
How much is this home worth?
The estimated value of the home located at 31 Mill Pond Road is $0.
What are some comparable homes to 31 Mill Pond Road?
There are currently no comparable homes to 31 Mill Pond Road.
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