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Ocean 08527
311 Leesville Road
$386,000
● House - Off Market

311 Leesville Road

Jackson, NJ 08527
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,005 Ft²
$586,170
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

Enter this home through new double glass front doors that open to a granite floored Foyer. Granite floor continues into the completely renovated Kitchen with New Cabinets, Granite counter tops and new stainless steel appliances which is open to the family room with cathedral ceiling, wood burning FP, and HW floors. Finished basement with all township Permits!!

Can close ASAP . Owner is Lic agent
Unit Size
2,005 Ft²
Days on Market
-
Land Size
1.14 acres
Price per sqft
$193
Property Type
House
Property Taxes
$778
HOA Dues
-
Year Built
1999

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #21838318)

Price History

Date / Event Date Event Price
Oct 30, 2018 Sold
Premium
Sold
Sep 28, 2018 Listed by ERA Central Realty Group $387,000
Listed by ERA Central Realty Group

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 3
  • 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: 1,078
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 49,658
  • Total Building Area: 2,004
  • Building Area: 2,004
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,004
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SMITHS RUN
  • Land Acres: 0000001140
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: TAX MAP 40
  • District: 12
  • Parcel: 12 04001-0000-00088
  • Block: 4001
  • Lot: 88
  • Municipality: JACKSON TWP
  • Latitude: 40.1288
  • Longitude: -74.3687

    Address

  • Full Address: 311 Leesville Rd
  • Address - House Number: 311
  • Address - Street Name: Leesville
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R015
  • 4-Digit Zip Code: 4881
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,021,475

    Appraisal Valuation

  • Standard Deviation: 0.2565
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 63
  • Final Value: 628,286
  • High Value: 789,447
  • Low Value: 467,124

    Market Valuation

  • Market Total Value: $406,800
  • Market Land Value: $126,700
  • Market Improvement Value: $280,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $406,800
  • Assessed Land Value: $126,700
  • Assessed Improvements Value: $280,100

    Sales

  • Current Sale Contract Date: Oct 29, 2018
  • Current Sale Recording Date: Nov 08, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2018109418
  • Previous Sale Recording Date: Feb 21, 2018
  • Previous Sale Contract Date: Jan 16, 2018
  • Previous Sale Amount: $248,000
  • Previous Sale Document Type: 64
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

1582 ft²

Average Home Age

32.4 years

Currently For Sale

3014 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 370 Cassville Road, Jackson, NJ, 08527

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,440 ft²
370 Cassville Road, Jackson, NJ, 08527 Listing by Troy E Davis

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Glen Marrone, ERA Central Realty Group
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21838318
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 311 Leesville Road built and last sold?
The property at 311 Leesville Road was built in 1999 and last sold on Oct 29, 2018 for $386,000.
How much is this home worth?
The estimated value of the home located at 311 Leesville Road is $404,409.
What are some comparable homes to 311 Leesville Road?
There are currently no comparable homes to 311 Leesville Road.
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