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Ocean 08527
517 Leesville Road
$95,000
● House - Off Market

517 Leesville Road

Jackson, NJ 08527
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
900 Ft²
$207,103
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

VALUE IS IN THE LAND. Build your dream home on 3.23 Acres of property ready for redevelopment. Property located in a beautiful single family neighborhood. Great opportunity for investors and developers.
Unit Size
900 Ft²
Days on Market
-
Land Size
3.23 acres
Price per sqft
$143
Property Type
House
Property Taxes
$515
HOA Dues
-
Year Built
-

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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 #21441396)

Price History

Date / Event Date Event Price
Jun 28, 2017 Sold
Premium
Sold
Oct 15, 2014 Listed by C21/ Action Plus Realty $129,000
Listed by C21/ Action Plus Realty
Oct 6, 2014 Sold
Premium
Sold
Feb 28, 2014 Listed by C21/ Lawrence Realty $119,900
Listed by C21/ Lawrence Realty
Huge 3.23 acre lot in Jackson just waiting for a new home! Home on property was originally a school house. Value is in the land, build your dream home today. Perfect for you builders and investors!

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 640
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 140,699
  • Total Building Area: 1,564
  • Building Area: 1,564
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,564
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000003230
  • Standard Land Use Code: 8000
  • County Land Use Code: 1
  • Legal Description 1: ADDITIONAL LOTS: 74

Neighborhood

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

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: TAX MAP 36
  • District: 12
  • Parcel: 12 03601-0000-00075
  • Block: 3601
  • Lot: 75
  • Municipality: JACKSON TWP
  • Latitude: 40.1348
  • Longitude: -74.3851

    Address

  • Full Address: 517 Leesville Rd
  • Address - House Number: 517
  • Address - Street Name: Leesville
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R015
  • 4-Digit Zip Code: 4806
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $343,924

    Market Valuation

  • Market Total Value: $136,100
  • Market Land Value: $136,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $136,100
  • Assessed Land Value: $136,100

    Sales

  • Current Sale Contract Date: Jun 08, 2017
  • Current Sale Recording Date: Oct 12, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017107299
  • Previous Sale Recording Date: Oct 27, 2014
  • Previous Sale Contract Date: Oct 06, 2014
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: 12
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

1602 ft²

Average Home Age

29.3 years

Currently For Sale

4474 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: Christopher Quinn, C21/ Action Plus Realty
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 21441396
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 517 Leesville Road built and last sold?
The property at 517 Leesville Road was built in and last sold on Jun 8, 2017 for $93,000.
How much is this home worth?
The estimated value of the home located at 517 Leesville Road is $0.
What are some comparable homes to 517 Leesville Road?
There are currently no comparable homes to 517 Leesville Road.
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