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Ocean 08527
32 Summerhill Avenue
$395,000
● House - Off Market

32 Summerhill Avenue

Jackson, NJ 08527
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,531 Ft²
$609,013
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

Welcome to Green Hills and this Priced Right & Spacious 5 Bedroom Colonial*5th Bedroom on 1st Floor is Perfect for In Law Suite or Home Office*Two Story Foyer(w/ Chandelier Lift)opens to Formal Living & Dining Room*Kitichen offers a Center Island Large Pantry Dinette Area overlooks The Inviting Family Room complete with Wood Burning Fireplace*Upstairs you will find 3 additional bedrooms and the Master Suite & attached Full Bath * Shower,Soaking Tub and Two Sinks*Full High & Dry Basement with Walk-Out Bilco Door *Two Car Side Entry Garage*Sprinkler System *Sit Back and Relax on your Covered Porch or BBQ on the Multi-Level Paver Patio..Public Water,Sewer & Natural Gas*Jackson Liberty School District *Great Location Close to Freehold Border, 195 for EZ Commuting,Schools and Shopping!
Unit Size
2,531 Ft²
Days on Market
-
Land Size
1.05 acres
Price per sqft
$164
Property Type
House
Property Taxes
$865
HOA Dues
-
Year Built
2001

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 #21907896)

Price History

Date / Event Date Event Price
Jul 30, 2019 Sold
Premium
Sold
Mar 5, 2019 Listed by RE/MAX Realty 9 $415,000
Listed by RE/MAX Realty 9

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • 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: 1,410
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 45,738
  • Total Building Area: 2,531
  • Building Area: 2,531
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,531
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001050
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717101

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: TAX MAP 12
  • District: 12
  • Parcel: 12 01204-0000-00010
  • Block: 1204
  • Lot: 10
  • Municipality: JACKSON TWP
  • Latitude: 40.156
  • Longitude: -74.2796

    Address

  • Full Address: 32 Summerhill Ave
  • Address - House Number: 32
  • Address - Street Name: Summerhill
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R017
  • 4-Digit Zip Code: 4369
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,114,307

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 855,604
  • High Value: 1,021,160
  • Low Value: 690,048

    Market Valuation

  • Market Total Value: $431,400
  • Market Land Value: $103,700
  • Market Improvement Value: $327,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $431,400
  • Assessed Land Value: $103,700
  • Assessed Improvements Value: $327,700

    Sales

  • Current Sale Contract Date: Jul 29, 2019
  • Current Sale Recording Date: Aug 06, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2019075099
  • Previous Sale Recording Date: May 02, 2001
  • Previous Sale Contract Date: Apr 26, 2001
  • Previous Sale Amount: $253,990
  • Previous Sale Document Type: 27

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Amount:
    Premium
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:

$499,000

Sale Price/ft²

$302

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1592 ft²

Average Home Age

24.6 years

Currently For Sale

4248 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 574 Jackson Mills Road, Jackson, NJ, 08527

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,632 ft²
574 Jackson Mills Road, Jackson, NJ, 08527 Listing by Elizabeth Page

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Donna Keidel, RE/MAX Realty 9
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21907896
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 Summerhill Avenue built and last sold?
The property at 32 Summerhill Avenue was built in 2001 and last sold on Jul 29, 2019 for $395,000.
How much is this home worth?
The estimated value of the home located at 32 Summerhill Avenue is $0.
What are some comparable homes to 32 Summerhill Avenue?
There are currently no comparable homes to 32 Summerhill Avenue.
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