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Jamesburg 08831
311 Rhode Hall Road
$335,000
● House - Off Market

311 Rhode Hall Road

Jamesburg, NJ 08831
bedrooms
4 Beds
bathrooms
1 Bath
$281,172
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Welcome to 311 Rhode Hall Rd in historic Jamesburg NJ! This charming 4-bedroom, one bath home sits on 2 lots being sold together. A Large driveway along with a  2- car carport offers ample parking for at least 5 cars. The picturesque backyard is peaceful place that will allow you to really unwind and relax. This home is a commuters dream with easy access to many main county roads and NJ Turnpike. Local restaurants, shops, and schools are also within minutes from your door. Come check it out and see for yourself. This home won't last!
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$498
HOA Dues
-
Year Built
1948

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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 #22207442)

Price History

Date / Event Date Event Price
May 9, 2022 Sold
Premium
Sold
Mar 17, 2022 Listed by KELLER WILLIAMS RLTY OCEAN LIV $279,000
Listed by KELLER WILLIAMS RLTY OCEAN LIV
Welcome to 311 Rhode Hall Rd in historic Jamesburg NJ! This charming 4-bedroom, one bath home sits on 2 lots being sold together. A Large driveway along with a 2- car carport offers ample parking for at least 5 cars. The picturesque backyard is peaceful place that will allow you to really unwind and relax. This home is a commuters dream with easy access to many main county roads and NJ Turnpike. Local restaurants, shops, and schools are also within minutes from your door. Come check it out and see for yourself. This home won't last!

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 810
  • Total Building Area: 834
  • Building Area: 834
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 834
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000232
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jamesburg Borough School District
  • Census Tract: 008300

Zoning

  • Zoning: R75

Geography

  • Assessors Map Reference: TAX MAP 1
  • District: 08
  • Parcel: 08 00067-0000-00001- 02
  • Block: 67
  • Lot: 1.02
  • Municipality: JAMESBURG BORO
  • Latitude: 40.3597
  • Longitude: -74.4463

    Address

  • Full Address: 311 Rhode Hall Rd
  • Address - House Number: 311
  • Address - Street Name: Rhode Hall
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Monroe Township
  • Carrier Code: C005
  • 4-Digit Zip Code: 1130
  • Zip Code: 08831

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $611,479

    Appraisal Valuation

  • Standard Deviation: 0.1985
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 348,890
  • High Value: 418,174
  • Low Value: 279,606

    Market Valuation

  • Market Total Value: $100,600
  • Market Land Value: $35,800
  • Market Improvement Value: $64,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $100,600
  • Assessed Land Value: $35,800
  • Assessed Improvements Value: $64,800

    Sales

  • Current Sale Contract Date: May 02, 2022
  • Current Sale Recording Date: May 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 47657

    Financing

  • First Mortgage Financing Type: ADJ
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 Jamesburg

Stats & Trends

Median Asking:

$429,900

Sale Price/ft²

$293

Below Asking

0.01%

Average Days on Market

62

Average Home Size

982 ft²

Average Home Age

61.5 years

Currently For Sale

14 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 50 E Sedgwick Street, Monroe, NJ, 08831

$4,000 /mo

  • 4 Beds
  • 2 Baths
  • 1,868 ft²
50 E Sedgwick Street, Monroe, NJ, 08831 Listing by TERESA M. BARBA

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Scott Soriero, Keller Williams Realty Ocean Living
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22207442
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 Rhode Hall Road built and last sold?
The property at 311 Rhode Hall Road was built in 1948 and last sold on May 2, 2022 for $335,000.
How much is this home worth?
The estimated value of the home located at 311 Rhode Hall Road is $281,790.
What are some comparable homes to 311 Rhode Hall Road?
There are currently no comparable homes to 311 Rhode Hall Road.
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