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Ocean 08527
4 Bruce Terrace
$492,500
● House - Off Market

4 Bruce Terrace

Jackson, NJ 08527
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,632 Ft²
$2,967
Est. Monthly
8.85%
Cap Rate

About This Property

great home in a great location!

come see before its gone!
Unit Size
1,632 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$306
Property Type
House
Property Taxes
$511
HOA Dues
-
Year Built
1965

Payment Calculator

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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 #22421710)

Price History

Date / Event Date Event Price
Nov 7, 2024 Sold
Premium
Sold
Aug 28, 2024 In contract -
In contract
Jul 29, 2024 Listed by Imperial Real Estate Agency $500,000
Listed by Imperial Real Estate Agency

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 9,148
  • Total Building Area: 1,632
  • Building Area: 1,632
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,632
  • 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 05804-0000-00088
  • Block: 5804
  • Lot: 88
  • Municipality: JACKSON TWP
  • Latitude: 40.1486
  • Longitude: -74.2723

    Address

  • Full Address: 4 Bruce Ter
  • Address - House Number: 4
  • Address - Street Name: Bruce
  • Address - Suffix Type: Ter
  • State: NJ
  • City Name: Jackson
  • Carrier Code: C010
  • 4-Digit Zip Code: 1104
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $601,322

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 513,349
  • High Value: 612,679
  • Low Value: 414,018

    Market Valuation

  • Market Total Value: $232,800
  • Market Land Value: $114,100
  • Market Improvement Value: $118,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $232,800
  • Assessed Land Value: $114,100
  • Assessed Improvements Value: $118,700

    Sales

  • Current Sale Contract Date: Nov 01, 1994
  • Current Sale Recording Date: Nov 07, 1994
  • Current Sale Price:
    Premium
  • Current 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

0.16%

Average Days on Market

73

Average Home Size

1584 ft²

Average Home Age

32.3 years

Currently For Sale

3036 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
Unit for rent at 31 Oakland Drive, Jackson, NJ, 08527

$4,000 /mo

  • 5 Beds
  • 3 Baths
  • 2,791 ft²
31 Oakland Drive, Jackson, NJ, 08527 Listing by Miriam Rubin-Feldheim

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Shalom Elbaz, Imperial Real Estate Agency
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22421710
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 Bruce Terrace built and last sold?
The property at 4 Bruce Terrace was built in 1965 and last sold on Nov 1, 1994 for $123,000.
How much is this home worth?
The estimated value of the home located at 4 Bruce Terrace is $507,640.
What are some comparable homes to 4 Bruce Terrace?
There are currently no comparable homes to 4 Bruce Terrace.
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