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Ocean 08527
510 Diamond Road
$399,000
● House - Off Market

510 Diamond Road

Jackson, NJ 08527
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,592 Ft²
$423,294
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Bi Level Home with 4 bedrooms, 1.5 bath, 1 car garage, Kitchen , Dining room, Living room, Family room. Home features wood flooring, newer septic system, newer roof, backs up to woods, lower level with slider in family room with built ins and wet bar, half bath and bedroom. Upper level has 3 bedrooms and full bath. Close to 195, the Jackson Outlets and Six Flags Great Adventure.
Unit Size
1,592 Ft²
Days on Market
-
Land Size
0.59 acres
Price per sqft
$251
Property Type
House
Property Taxes
$452
HOA Dues
-
Year Built
1969

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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 #22233602)

Price History

Date / Event Date Event Price
Dec 28, 2022 Sold
Premium
Sold
Oct 29, 2022 Listed by Keller Williams Realty Monmouth/Ocean $399,000
Listed by Keller Williams Realty Monmouth/Ocean

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • 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: 25,700
  • Total Building Area: 1,592
  • Building Area: 1,592
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,592
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000590
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717200

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: TAX MAP 38
  • District: 12
  • Parcel: 12 03801-0000-00038
  • Block: 3801
  • Lot: 38
  • Municipality: JACKSON TWP
  • Latitude: 40.145
  • Longitude: -74.3715

    Address

  • Full Address: 510 Diamond Rd
  • Address - House Number: 510
  • Address - Street Name: Diamond
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R003
  • 4-Digit Zip Code: 3143
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $549,658

    Appraisal Valuation

  • Standard Deviation: 0.1953
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 419,133
  • High Value: 501,004
  • Low Value: 337,261

    Market Valuation

  • Market Total Value: $218,900
  • Market Land Value: $104,600
  • Market Improvement Value: $114,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $218,900
  • Assessed Land Value: $104,600
  • Assessed Improvements Value: $114,300

    Sales

  • Current Sale Contract Date: Dec 28, 2022
  • Current Sale Recording Date: Dec 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 131594
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

1602 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 5 Shepherds Way, Jackson, NJ, 08527

$4,300 /mo

  • 4 Beds
  • 2 Baths
  • 2,803 ft²
5 Shepherds Way, Jackson, NJ, 08527 Listing by Vincent Frana
Unit for rent at 6 Nancy Court, Jackson, NJ, 08527

$4,100 /mo

  • 4 Beds
  • 3 Baths
  • 2,692 ft²
6 Nancy Court, Jackson, NJ, 08527 Listing by Luke Graham

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Lawrence McCown, Keller Williams Realty Monmouth/Ocean
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22233602
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 510 Diamond Road built and last sold?
The property at 510 Diamond Road was built in 1969 and last sold on Dec 28, 2022 for $399,000.
How much is this home worth?
The estimated value of the home located at 510 Diamond Road is $0.
What are some comparable homes to 510 Diamond Road?
There are currently no comparable homes to 510 Diamond Road.
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