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Ocean 08527
36 Chelsea Road
$360,000
● House - Off Market

36 Chelsea Road

Jackson, NJ 08527
bedrooms
6 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,040 Ft²
$565,369
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

ENORMOUS!This extended family Bi-Level offers the space you've been looking for. With six bedrooms and 3.5 baths there is room for everyone. You'll love the versatile layout that provides many options to use the spaciousness of this unique one of a kind home. The lovely family room features a wood burning fireplace and sliders to a huge fenced backyard.  The large master suite offers privacy and you'll love the study/sitting area.  Outside you'll enjoy the large deck and above ground pool. Minutes away from shopping, commuting and entertainment...Stop Looking, You've found it!
Unit Size
3,040 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$115
Property Type
House
Property Taxes
$595
HOA Dues
-
Year Built
1968

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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: 2 years ago (MOMLS #21602622)

Price History

Date / Event Date Event Price
May 11, 2017 Sold
Premium
Sold
Jan 21, 2016 Listed by Keller Williams Realty Monmouth/Ocean $349,900
Listed by Keller Williams Realty Monmouth/Ocean

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,682
  • Total Building Area: 3,040
  • Building Area: 3,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,040
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000360
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717501

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: TAX MAP 131
  • District: 12
  • Parcel: 12 13104-0000-00002
  • Block: 13104
  • Lot: 2
  • Municipality: JACKSON TWP
  • Latitude: 40.1145
  • Longitude: -74.2757

    Address

  • Full Address: 36 Chelsea Rd
  • Address - House Number: 36
  • Address - Street Name: Chelsea
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Jackson
  • Carrier Code: C002
  • 4-Digit Zip Code: 2649
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $816,228

    Appraisal Valuation

  • Standard Deviation: 0.1906
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 602,278
  • High Value: 717,128
  • Low Value: 487,428

    Market Valuation

  • Market Total Value: $316,000
  • Market Land Value: $112,500
  • Market Improvement Value: $203,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $316,000
  • Assessed Land Value: $112,500
  • Assessed Improvements Value: $203,500

    Sales

  • Current Sale Contract Date: May 11, 2017
  • Current Sale Recording Date: May 30, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017054002
  • Previous Sale Recording Date: Dec 02, 1997
  • Previous Sale Contract Date: Oct 08, 1997
  • Previous Sale Amount: $177,500
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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

1585 ft²

Average Home Age

32.3 years

Currently For Sale

3042 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

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MOMMLS

Listed by: Troy E Davis, Keller Williams Realty Monmouth/Ocean
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21602622
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 36 Chelsea Road built and last sold?
The property at 36 Chelsea Road was built in 1968 and last sold on May 11, 2017 for $360,000.
How much is this home worth?
The estimated value of the home located at 36 Chelsea Road is $353,399.
What are some comparable homes to 36 Chelsea Road?
There are currently no comparable homes to 36 Chelsea Road.
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