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Ocean 08527
44 Summerhill Avenue
$903,000
● House - Off Market

44 Summerhill Avenue

Jackson, NJ 08527
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
$874,271
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Gorgeous immaculate colonial in the most desired Green Hills area with all you can ask for! Loads of upgrades throughout the house!! Hardwood flooring throughout the first floor. Beautiful upgraded kitchen with granite countertops. Large living room and dining room. Upgraded bathrooms. Master Bedroom with Updated master bathroom with a skylight. Fully Finished basement with Pool Table and Home Theater! Everything in the basement will be staying!! Additional bathroom in the basement. Walkout bilco doors from the basement to the backyard. Large Trex Deck off the back of the house overlooking the magnificent backyard with an in ground pool, basketball court, and shed. New HVAC system. Stop dreaming and make this yours today
Unit Size
-
Days on Market
-
Land Size
0.64 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2001

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: 3 years ago (MOMLS #22201113)

Price History

Date / Event Date Event Price
Mar 25, 2022 Sold
Premium
Sold
Jan 16, 2022 Listed by Keller Williams Shore Properties $849,000
Listed by Keller Williams Shore Properties

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 4
  • 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: 1,410
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,878
  • Total Building Area: 2,459
  • Building Area: 2,459
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,459
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000640
  • 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 12
  • District: 12
  • Parcel: 12 01204-0000-00016
  • Block: 1204
  • Lot: 16
  • Municipality: JACKSON TWP
  • Latitude: 40.156
  • Longitude: -74.2772

    Address

  • Full Address: 44 Summerhill Ave
  • Address - House Number: 44
  • Address - Street Name: Summerhill
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R017
  • 4-Digit Zip Code: 4369
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,128,254

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 860,108
  • High Value: 1,026,535
  • Low Value: 693,680

    Market Valuation

  • Market Total Value: $436,800
  • Market Land Value: $113,200
  • Market Improvement Value: $323,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $436,800
  • Assessed Land Value: $113,200
  • Assessed Improvements Value: $323,600

    Sales

  • Current Sale Contract Date: Mar 11, 2022
  • Current Sale Recording Date: Apr 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 40094
  • Previous Sale Recording Date: Aug 02, 2001
  • Previous Sale Contract Date: Jun 29, 2001
  • Previous Sale Amount: $250,990
  • Previous Sale Document Type: 27

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
  • Previous Mortgage Transaction Date:
    Premium
  • Previous Mortgage Loan Amount:
    Premium
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

0.20%

Average Days on Market

66

Average Home Size

1601 ft²

Average Home Age

29.8 years

Currently For Sale

4664 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 233 Brookfield Drive, Jackson, NJ, 08527

$2,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,247 ft²
233 Brookfield Drive, Jackson, NJ, 08527 Listing by Gina Yezo

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Shoshana Fromovitz, Keller Williams Shore Properties
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22201113
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 44 Summerhill Avenue built and last sold?
The property at 44 Summerhill Avenue was built in 2001 and last sold on Mar 11, 2022 for $903,000.
How much is this home worth?
The estimated value of the home located at 44 Summerhill Avenue is $0.
What are some comparable homes to 44 Summerhill Avenue?
There are currently no comparable homes to 44 Summerhill Avenue.
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