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Ocean 08527
38 Brookwood Parkway
$492,000
● House - Off Market

38 Brookwood Parkway

Jackson, NJ 08527
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,148 Ft²
$483,297
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Not your Typical BROOKWOOD SPLIT!..Expanded with 4/5 Bedrooms 2 Full Baths Garage and BONUS Basement with Outdoor Entrance! ..Plus a HUGE Addition offers a Laundry/Mudroom and a Flex Room perfect for Additional Bedrooms or Rec Room! Hardwood Floors under Carpets ..Fenced Level Yard that Backs to Woods for added Privacy!..Plenty of Parking on the Expended Driveway....Bring your Imagination Home has Good Bones just needs Updating!..Great Location walk to Shopping Schools and More...Short Drive to Route 9 and Major Roadways!..Won't LAST..Call Today!!
Unit Size
2,148 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$218
Property Type
House
Property Taxes
$567
HOA Dues
-
Year Built
1962

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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 #22301568)

Price History

Date / Event Date Event Price
Mar 21, 2023 Sold
Premium
Sold
Jan 17, 2023 Listed by RE/MAX Realty 9 $469,000
Listed by RE/MAX Realty 9

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 12
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 2,148
  • Building Area: 2,148
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,148
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717002

Zoning

  • Zoning: R9

Geography

  • Assessors Map Reference: TAX MAP 72
  • District: 12
  • Parcel: 12 07204-0000-00038
  • Block: 7204
  • Lot: 38
  • Municipality: JACKSON TWP
  • Latitude: 40.1185
  • Longitude: -74.2454

    Address

  • Full Address: 38 Brookwood Pkwy
  • Address - House Number: 38
  • Address - Street Name: Brookwood
  • Address - Suffix Type: Pkwy
  • State: NJ
  • City Name: Jackson
  • Carrier Code: C001
  • 4-Digit Zip Code: 2140
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $655,621

    Appraisal Valuation

  • Standard Deviation: 0.2142
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 618,821
  • High Value: 751,382
  • Low Value: 486,260

    Market Valuation

  • Market Total Value: $263,500
  • Market Land Value: $112,100
  • Market Improvement Value: $151,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $263,500
  • Assessed Land Value: $112,100
  • Assessed Improvements Value: $151,400

    Sales

  • Current Sale Contract Date: Mar 21, 2023
  • Current Sale Recording Date: Mar 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 21616
  • Previous Sale Recording Date: Feb 26, 2016
  • Previous Sale Contract Date: Dec 28, 2015
  • Previous Sale Document Type: 27
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

0.23%

Average Days on Market

74

Average Home Size

1598 ft²

Average Home Age

38.1 years

Currently For Sale

2976 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 140 Cannonball Drive, Howell, NJ, 07731

$4,300 /mo

  • 4 Beds
  • 2 Baths
  • 1,714 ft²
140 Cannonball Drive, Howell, NJ, 07731 Listing by Isaac Nussbaum

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Donna Keidel, RE/MAX Realty 9
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22301568
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 38 Brookwood Parkway built and last sold?
The property at 38 Brookwood Parkway was built in 1962 and last sold on Mar 21, 2023 for $492,000.
How much is this home worth?
The estimated value of the home located at 38 Brookwood Parkway is $0.
What are some comparable homes to 38 Brookwood Parkway?
There are currently no comparable homes to 38 Brookwood Parkway.
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