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Ocean 08527
5 Partree Road
$625,000
● House - Off Market

5 Partree Road

Jackson, NJ 08527
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,136 Ft²
$3,709
Est. Monthly
7.72%
Cap Rate

About This Property

Oakley Hill Community Bi Level with 4 bedrooms, 1.5 baths, Eat in Kitchen, Dining room that leads to deck, Living Room, 3 bedrooms and full bath upper level. Family room lower level with wood burning fireplace, laundry room, bedroom and extra room which could be used as den, gym, or extra storage. Home features oil heat and gas appliances, ceiling fans, and newer roof.  Large fenced in yard with fire pit and wooded lot. Check out this great home today!!
Unit Size
2,136 Ft²
Days on Market
56 days
Land Size
0.54 acres
Price per sqft
$293
Property Type
House
Property Taxes
$640
HOA Dues
-
Year Built
1972

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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: 12 months ago (MOMLS #22520943)

Price History

Date / Event Date Event Price
Nov 4, 2025 Sold
Premium
Sold
Sep 22, 2025 In contract -
In contract
Sep 13, 2025 Price Decreased $625,000
↓ $24K (3.7%)
Price Decreased
Sep 10, 2025 Relisted $649,000
Relisted
Aug 16, 2025 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 4
  • 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: 23,522
  • Total Building Area: 2,136
  • Building Area: 2,136
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,136
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000540
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717001

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: TAX MAP 69
  • District: 12
  • Parcel: 12 06901-0000-00015
  • Block: 6901
  • Lot: 15
  • Municipality: JACKSON TWP
  • Latitude: 40.1318
  • Longitude: -74.2496

    Address

  • Full Address: 5 Partree Rd
  • Address - House Number: 5
  • Address - Street Name: Partree
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Jackson
  • Carrier Code: C006
  • 4-Digit Zip Code: 1709
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $723,757

    Appraisal Valuation

  • Standard Deviation: 0.2168
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 640,918
  • High Value: 779,871
  • Low Value: 501,965

    Market Valuation

  • Market Total Value: $280,200
  • Market Land Value: $135,400
  • Market Improvement Value: $144,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $280,200
  • Assessed Land Value: $135,400
  • Assessed Improvements Value: $144,800

    Sales

  • Current Sale Contract Date: Oct 12, 1998
  • Current Sale Recording Date: Oct 23, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 087053
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

0.00%

Average Days on Market

65

Average Home Size

1598 ft²

Average Home Age

29.1 years

Currently For Sale

4374 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

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MOMMLS

Listed by: Lawrence McCown, Keller Williams Realty Monmouth/Ocean
Last Updated: 12 months ago
Data Source: MOMMLS, MLS# 22520943
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 5 Partree Road built and last sold?
The property at 5 Partree Road was built in 1972 and last sold on Oct 12, 1998 for $148,900.
How much is this home worth?
The estimated value of the home located at 5 Partree Road is $636,525.
What are some comparable homes to 5 Partree Road?
There are currently no comparable homes to 5 Partree Road.
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