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Ocean 08527
32 Ridgedale Avenue
$360,000
● House - Off Market

32 Ridgedale Avenue

Jackson, NJ 08527
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$494,628
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Motivated Sellers! Talk about pride of ownership. This meticulously cared for bi level boasts over 2000 square feet. As you walk through the home you will notice real hard wood floors through out. Upstairs you will find 3 large bedrooms a formal dining room and living room/family room. Downstairs you will see a bonus/den that could easily be turned into a 5th bedroom. The roof is brand new and the furnace is under 10 years old. Come see this priced to sell home today!
Unit Size
-
Days on Market
-
Land Size
0.28 acres
Price per sqft
-
Property Type
House
Property Taxes
$568
HOA Dues
-
Year Built
1972

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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 #22021141)

Price History

Date / Event Date Event Price
Oct 8, 2020 Sold
Premium
Sold
Jun 26, 2020 Listed by Keller Williams Realty Ocean Living $369,900
Listed by Keller Williams Realty Ocean Living

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • 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: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 2,290
  • Building Area: 2,290
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,290
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717102

Zoning

  • Zoning: R9

Geography

  • Assessors Map Reference: TAX MAP 83
  • District: 12
  • Parcel: 12 08305-0000-00008
  • Block: 8305
  • Lot: 8
  • Municipality: JACKSON TWP
  • Latitude: 40.1292
  • Longitude: -74.279

    Address

  • Full Address: 32 Ridgedale Rd
  • Address - House Number: 32
  • Address - Street Name: Ridgedale
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R014
  • 4-Digit Zip Code: 2739
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $709,608

    Appraisal Valuation

  • Standard Deviation: 0.1953
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 522,716
  • High Value: 624,821
  • Low Value: 420,611

    Market Valuation

  • Market Total Value: $282,600
  • Market Land Value: $123,400
  • Market Improvement Value: $159,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $282,600
  • Assessed Land Value: $123,400
  • Assessed Improvements Value: $159,200

    Sales

  • Current Sale Contract Date: Oct 07, 2020
  • Current Sale Recording Date: Nov 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020135487
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

1595 ft²

Average Home Age

35.1 years

Currently For Sale

2998 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Angela Parise, Keller Williams Realty Ocean Living
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22021141
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 32 Ridgedale Road built and last sold?
The property at 32 Ridgedale Road was built in 1972 and last sold on Oct 7, 2020 for $360,000.
How much is this home worth?
The estimated value of the home located at 32 Ridgedale Road is $373,599.
What are some comparable homes to 32 Ridgedale Road?
There are currently no comparable homes to 32 Ridgedale Road.
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