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Ocean 08527
48 Laurelton Avenue
$229,000
● House - Off Market

48 Laurelton Avenue

Jackson, NJ 08527
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,712 Ft²
$366,030
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model

About This Property

Great bi-level home near shopping and schools. A short ride to the shore beaches for summer time fun too. The main level has an newer bathroom with modern tile work, wood burning fireplace and an airy kitchen with gas appliances. The lower level has a possible 4th bedroom with a bathroom that needs to be updated. The lower level also has an open family area with future plumbing for a bar or summer kitchen for back yard entertaining.  Add your own touch and a little TLC to make this your dream home.
Unit Size
1,712 Ft²
Days on Market
-
Land Size
-
Price per sqft
$145
Property Type
House
Property Taxes
$496
HOA Dues
-
Year Built
1952

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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 #21908492)

Price History

Date / Event Date Event Price
Jun 21, 2019 Sold
Premium
Sold
Mar 1, 2019 Listed by Diane Turton, Realtors-Toms River $249,000
Listed by Diane Turton, Realtors-Toms River
Aug 25, 2014 Sold
Premium
Sold
Mar 20, 2014 Listed by Coldwell Banker Realty $196,000
Listed by Coldwell Banker Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,712
  • Building Area: 1,712
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,712
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN NO 5 LAKEWOOD DEVELOPMENT CO
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717502

Zoning

  • Zoning: R9

Geography

  • Assessors Map Reference: TAX MAP 129
  • District: 12
  • Parcel: 12 12913-0000-00009
  • Block: 12913
  • Lot: 9
  • Municipality: JACKSON TWP
  • Latitude: 40.1171
  • Longitude: -74.2881

    Address

  • Full Address: 48 Laurelton Ave
  • Address - House Number: 48
  • Address - Street Name: Laurelton
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Jackson
  • Carrier Code: C018
  • 4-Digit Zip Code: 2534
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $639,293

    Appraisal Valuation

  • Standard Deviation: 0.2184
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 451,896
  • High Value: 550,604
  • Low Value: 353,188

    Market Valuation

  • Market Total Value: $247,500
  • Market Land Value: $131,900
  • Market Improvement Value: $115,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $247,500
  • Assessed Land Value: $131,900
  • Assessed Improvements Value: $115,600

    Sales

  • Current Sale Contract Date: Jun 13, 2019
  • Current Sale Recording Date: Jun 26, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019059910
  • Previous Sale Recording Date: Sep 02, 2014
  • Previous Sale Contract Date: Aug 20, 2014
  • Previous Sale Amount: $200,000
  • Previous 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

$306

Above Asking

0.23%

Average Days on Market

74

Average Home Size

1588 ft²

Average Home Age

35.2 years

Currently For Sale

3041 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 15 Hummingbird Way, Jackson, NJ, 08527

$3,800 /mo

  • 4 Beds
  • 2 Baths
  • 5,252 ft²
15 Hummingbird Way, Jackson, NJ, 08527 Listing by Avia Elharar
Unit for rent at 138 N Cooks Bridge Road, Jackson, NJ, 08527

$3,800 /mo

  • 3 Beds
  • 1 Bath
  • 1,319 ft²
138 N Cooks Bridge Road, Jackson, NJ, 08527 Listing by Israel Silber

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Dominick Leone, Diane Turton, Realtors-Toms River
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21908492
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 48 Laurelton Avenue built and last sold?
The property at 48 Laurelton Avenue was built in 1952 and last sold on Jun 13, 2019 for $22,900.
How much is this home worth?
The estimated value of the home located at 48 Laurelton Avenue is $0.
What are some comparable homes to 48 Laurelton Avenue?
There are currently no comparable homes to 48 Laurelton Avenue.
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