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Ocean 08527
5 Skylark Drive
$395,000
● House - Off Market

5 Skylark Drive

Jackson, NJ 08527
bedrooms
4 Beds
bathrooms
3 Baths
$567,336
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

Unique opportunity to own custom home at a very affordable price!!

Privacy! Large backyard almost an acre! In ground pool, newer roof with 30 yr warranty. new septic. Updated  bathrooms and bedrooms.

New carpet.

New water heater

Newer ac and furnace.

Sprinklers in front and backyard.

Newer fence

new Well pump and more!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$688
HOA Dues
-
Year Built
1994

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 #21945586)

Price History

Date / Event Date Event Price
Apr 27, 2020 Sold
Premium
Sold
Nov 12, 2019 Listed by Imperial Real Estate Agency $399,000
Listed by Imperial Real Estate Agency

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • 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: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 696
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,541
  • Total Building Area: 1,992
  • Building Area: 1,992
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,992
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000770
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717400

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: TAX MAP 155
  • District: 12
  • Parcel: 12 15502-0000-00009
  • Block: 15502
  • Lot: 9
  • Municipality: JACKSON TWP
  • Latitude: 40.1008
  • Longitude: -74.3158

    Address

  • Full Address: 5 Skylark Dr
  • Address - House Number: 5
  • Address - Street Name: Skylark
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R002
  • 4-Digit Zip Code: 2868
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $878,890

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 671,103
  • High Value: 800,958
  • Low Value: 541,247

    Market Valuation

  • Market Total Value: $347,800
  • Market Land Value: $128,900
  • Market Improvement Value: $218,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $347,800
  • Assessed Land Value: $128,900
  • Assessed Improvements Value: $218,900

    Sales

  • Current Sale Contract Date: Mar 18, 2020
  • Current Sale Recording Date: May 05, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2020045468
  • Previous Sale Recording Date: May 02, 1997
  • Previous Sale Contract Date: Apr 30, 1997
  • Previous Sale Amount: $176,000
  • 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:

$499,000

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

4652 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

  • 3 Beds
  • 1 Bath
15 Hummingbird Way, Jackson, NJ, 08527 Listing by Avia Elharar

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Joshua Spiegel, Imperial Real Estate Agency
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21945586
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 Skylark Drive built and last sold?
The property at 5 Skylark Drive was built in 1994 and last sold on Mar 18, 2020 for $395,000.
How much is this home worth?
The estimated value of the home located at 5 Skylark Drive is $0.
What are some comparable homes to 5 Skylark Drive?
There are currently no comparable homes to 5 Skylark Drive.
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