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Ocean 08527
395 Meadowood Road
$443,000
● House - Off Market

395 Meadowood Road

Jackson, NJ 08527
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,895 Ft²
$673,126
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Great Colonial home in TALL TIMBERS with 5 Bedrooms and 3 Full Baths. Large 2 story foyer, Formal Living Room & Dining Room. Family Room with gas fireplace, Eat in Kitchen with center island & plenty of counter space for prep. Bedroom & full bathroom on the Main Level. Laundry Room w/  backdoor access. Upper Level Master Suite with Vaulted Ceiling and Master Bath; 3 Bedrooms and a Full Hallway Bath. Full Basement, 2 Car Garage, Two Zone Heat and AC. Public Water and Public Sewer.
Unit Size
2,895 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$155
Property Type
House
Property Taxes
$875
HOA Dues
$8
Year Built
1998

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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 #21847913)

Price History

Date / Event Date Event Price
Mar 27, 2019 Sold
Premium
Sold
Dec 27, 2018 Listed by C21/ Action Plus Realty $450,000
Listed by C21/ Action Plus Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 5
  • 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: 1,657
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 42,253
  • Total Building Area: 2,986
  • Building Area: 2,986
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,986
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000970
  • 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 15
  • District: 12
  • Parcel: 12 01501-0000-00018
  • Block: 1501
  • Lot: 18
  • Municipality: JACKSON TWP
  • Latitude: 40.1469
  • Longitude: -74.2841

    Address

  • Full Address: 395 Meadowood Rd
  • Address - House Number: 395
  • Address - Street Name: Meadowood
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R017
  • 4-Digit Zip Code: 1182
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,148,280

    Appraisal Valuation

  • Standard Deviation: 0.2086
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 872,207
  • High Value: 1,054,174
  • Low Value: 690,239

    Market Valuation

  • Market Total Value: $457,300
  • Market Land Value: $109,700
  • Market Improvement Value: $347,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $457,300
  • Assessed Land Value: $109,700
  • Assessed Improvements Value: $347,600

    Sales

  • Current Sale Contract Date: Mar 27, 2019
  • Current Sale Recording Date: Apr 01, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019028980
  • Previous Sale Recording Date: May 20, 1998
  • Previous Sale Contract Date: May 06, 1998
  • Previous Sale Amount: $247,900
  • 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:

$499,000

Sale Price/ft²

$302

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1593 ft²

Average Home Age

24.1 years

Currently For Sale

4226 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: Wayne Brown, C21/ Action Plus Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21847913
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 395 Meadowood Road built and last sold?
The property at 395 Meadowood Road was built in 1998 and last sold on Mar 27, 2019 for $443,000.
How much is this home worth?
The estimated value of the home located at 395 Meadowood Road is $0.
What are some comparable homes to 395 Meadowood Road?
There are currently no comparable homes to 395 Meadowood Road.
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