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Ocean 08527
42 Andover Road
$250,000
● House - Off Market

42 Andover Road

Jackson, NJ 08527
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,797 Ft²
$463,639
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model

About This Property

Back on the Market! Don't miss out taking a look at this spacious Bi-level in sought after Harfield area. Featuring 5 year old siding, roof, windows. Central air 2 years old. Freshly painted and refinished gleaming hardwood floors. Kit newer cabinets, granite countertop, tile backsplash.Enjoy the 20x12 screen porch overlooking the private yard. Lower level could be for in-laws or great for entertaining. Great house to call Home!!
Unit Size
1,797 Ft²
Days on Market
-
Land Size
-
Price per sqft
$139
Property Type
House
Property Taxes
$446
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: 3 years ago (MOMLS #21408098)

Price History

Date / Event Date Event Price
Jul 2, 2014 Sold
Premium
Sold
Mar 7, 2014 Listed by Heritage House Sotheby's International Realty $249,900
Listed by Heritage House Sotheby's International Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • 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: 10,019
  • Total Building Area: 1,797
  • Building Area: 1,797
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,797
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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 05812-0000-00066
  • Block: 5812
  • Lot: 66
  • Municipality: JACKSON TWP
  • Latitude: 40.1428
  • Longitude: -74.2682

    Address

  • Full Address: 42 Andover Rd
  • Address - House Number: 42
  • Address - Street Name: Andover
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Jackson
  • Carrier Code: C010
  • 4-Digit Zip Code: 1375
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $702,318

    Appraisal Valuation

  • Standard Deviation: 0.2184
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 562,090
  • High Value: 684,868
  • Low Value: 439,312

    Market Valuation

  • Market Total Value: $271,900
  • Market Land Value: $114,300
  • Market Improvement Value: $157,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $271,900
  • Assessed Land Value: $114,300
  • Assessed Improvements Value: $157,600

    Sales

  • Current Sale Contract Date: Jul 01, 2014
  • Current Sale Recording Date: Jul 07, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2014057550
  • Previous Sale Recording Date: May 01, 2008
  • Previous Sale Contract Date: Apr 25, 2008
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: 40
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

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

$4,000 /mo

  • 3 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: Maryann Callahan, Heritage House Sotheby's International Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21408098
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 42 Andover Road built and last sold?
The property at 42 Andover Road was built in 1962 and last sold on Jul 1, 2014 for $250,000.
How much is this home worth?
The estimated value of the home located at 42 Andover Road is $0.
What are some comparable homes to 42 Andover Road?
There are currently no comparable homes to 42 Andover Road.
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