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Ocean 08527
4 Banyan Court
$370,000
● House - Off Market

4 Banyan Court

Jackson, NJ 08527
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,925 Ft²
$574,687
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model

About This Property

Back on Market...Spacious Ranch set on private 1 acre lot in wonderful neighborhood boasts new hardwood floors in entry, DR & large LR w/ vaulted ceiling & wood burning fireplace. Kitchen has granite counters, SS appliances, breakfast nook, and is open to huge family room that also has a generous storage closet & access to 2 car garage. Fantastic 3 Season Sunroom provides the perfect place to relax or entertain & opens to composite deck. Master BR has WIC & full bath w/ granite double vanity & jetted tub. 2 more bedrooms & updated full bath. High efficiency HVAC & HWH 5 years old. Roof approx 6 years. Private yard with fenced area great for play area or pets. New septic just installed, warranty to transfer to buyer. Great location close to 195 for easy commuting. True pride of ownership!
Unit Size
1,925 Ft²
Days on Market
-
Land Size
1.12 acres
Price per sqft
$197
Property Type
House
Property Taxes
$602
HOA Dues
-
Year Built
1990

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #21815479)

Price History

Date / Event Date Event Price
Sep 10, 2018 Sold
Premium
Sold
Apr 24, 2018 Listed by RE/MAX Realty 9 $379,900
Listed by RE/MAX Realty 9

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Bedroom Count: 3
  • 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: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 48,787
  • Total Building Area: 1,950
  • Building Area: 1,950
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,950
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001120
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717300

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: TAX MAP 35
  • District: 12
  • Parcel: 12 03501-0000-00025
  • Block: 3501
  • Lot: 25
  • Municipality: JACKSON TWP
  • Latitude: 40.1435
  • Longitude: -74.4021

    Address

  • Full Address: 4 Banyan Ct
  • Address - House Number: 4
  • Address - Street Name: Banyan
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R019
  • 4-Digit Zip Code: 4904
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $790,699

    Appraisal Valuation

  • Standard Deviation: 0.2093
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 577,801
  • High Value: 698,768
  • Low Value: 456,833

    Market Valuation

  • Market Total Value: $312,900
  • Market Land Value: $130,600
  • Market Improvement Value: $182,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $312,900
  • Assessed Land Value: $130,600
  • Assessed Improvements Value: $182,300

    Sales

  • Current Sale Contract Date: Sep 05, 2018
  • Current Sale Recording Date: Sep 13, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2018090237
  • Previous Sale Recording Date: Jul 09, 2013
  • Previous Sale Contract Date: Jan 09, 2013
  • Previous Sale Amount: $120,000
  • 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

$306

Above Asking

0.23%

Average Days on Market

74

Average Home Size

1586 ft²

Average Home Age

32.3 years

Currently For Sale

3026 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 702 Cassville Road, Jackson, NJ, 08527

$3,600 /mo

  • 4 Beds
  • 2 Baths
702 Cassville Road, Jackson, NJ, 08527 Listing by Beth M Huntley
Unit for rent at 370 Cassville Road, Jackson, NJ, 08527

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,440 ft²
370 Cassville Road, Jackson, NJ, 08527 Listing by Troy E Davis

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Pamela J Trembow, RE/MAX Realty 9
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21815479
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 Banyan Court built and last sold?
The property at 4 Banyan Court was built in 1990 and last sold on Sep 5, 2018 for $370,000.
How much is this home worth?
The estimated value of the home located at 4 Banyan Court is $395,781.
What are some comparable homes to 4 Banyan Court?
There are currently no comparable homes to 4 Banyan Court.
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