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Ocean 08527
4 Alan Terrace
$425,000
● House - Off Market

4 Alan Terrace

Jackson, NJ 08527
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,854 Ft²
$450,633
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

THIS IS A COMING SOON LISTING AND CANNOT BE SHOWN UNTIL 5/22/21. A MUST SEE! OVER 1854 SQ FT 4 BR,2 FULL BTH EXPANDED RANCH.VERY NICE SIZE BRS, L-SHAPED FORMAL LR,FORMAL DR,KIT WITH PANTRY,FAMILYROOM WITH WOODBURNING FIREPLACE,LAUNDRYROOM ON MAIN LEVEL, PARTIALLY FINISHED BASEMENT,DIRECT ENTRY 1CAR GARAGE,FENCED IN BACKYARD.BEAUTIFULLY REFINISHED HARDWOOD FLOORS IN LR, DR AND HALLWAYS.ALL LOCATED ON A QUIET CUL-DE-SAC-NEIGHBORHOOD,DEVELOPMENT HAS IT'S OWN PARK W/BASKETBALL COURTS & PLAYGROUND!CLOSE TO RT.9, 195, SHOPPING AND SCHOOLS.
Unit Size
1,854 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$210
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1963

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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 #22114018)

Price History

Date / Event Date Event Price
Jul 26, 2021 Sold
Premium
Sold
May 6, 2021 Listed by C21/ Action Plus Realty $389,900
Listed by C21/ Action Plus Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,215
  • 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: 1,750
  • Building Area: 1,750
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,750
  • 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: 717101

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: TAX MAP 58
  • District: 12
  • Parcel: 12 05804-0000-00066
  • Block: 5804
  • Lot: 66
  • Municipality: JACKSON TWP
  • Latitude: 40.1471
  • Longitude: -74.2722

    Address

  • Full Address: 4 Alan Ter
  • Address - House Number: 4
  • Address - Street Name: Alan
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Jackson
  • Carrier Code: C010
  • 4-Digit Zip Code: 1102
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $697,152

    Appraisal Valuation

  • Standard Deviation: 0.2136
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 557,169
  • High Value: 676,202
  • Low Value: 438,136

    Market Valuation

  • Market Total Value: $269,900
  • Market Land Value: $114,100
  • Market Improvement Value: $155,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $269,900
  • Assessed Land Value: $114,100
  • Assessed Improvements Value: $155,800

    Sales

  • Current Sale Contract Date: Jul 16, 2021
  • Current Sale Recording Date: Jul 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021109937
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

$303

Above Asking

0.00%

Average Days on Market

65

Average Home Size

1598 ft²

Average Home Age

29.1 years

Currently For Sale

4374 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: Michael Lubrano, C21/ Action Plus Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22114018
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 4 Alan Terrace built and last sold?
The property at 4 Alan Terrace was built in 1963 and last sold on Jul 16, 2021 for $425,000.
How much is this home worth?
The estimated value of the home located at 4 Alan Terrace is $406,083.
What are some comparable homes to 4 Alan Terrace?
There are currently no comparable homes to 4 Alan Terrace.
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