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Ocean 08527
542 Toms River Road
$369,000
● House - Off Market

542 Toms River Road

Jackson, NJ 08527
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,300 Ft²
$359,388
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

With a little tlc this home can offer many years of happiness. Come check out this Great Ranch. 3 large bedrooms 1 bath with a basement on an acre of land. Private park like setting. Newer Well

Hard wood flooring throught out and a beautiful wood burning stove for those cold winter nights. Full basement and garage. Get in before this home goes.
Unit Size
1,300 Ft²
Days on Market
-
Land Size
0.96 acres
Price per sqft
$268
Property Type
House
Property Taxes
$481
HOA Dues
-
Year Built
1970

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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 #22204962)

Price History

Date / Event Date Event Price
Mar 24, 2022 Sold
Premium
Sold
Feb 24, 2022 Listed by Weichert Realtors-Jackson $349,000
Listed by Weichert Realtors-Jackson

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,300
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,818
  • Total Building Area: 1,300
  • Building Area: 1,300
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,300
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: 542 TOMS RIVER RD
  • Land Acres: 0000000960
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: FA6

Geography

  • Assessors Map Reference: TAX MAP 185
  • District: 12
  • Parcel: 12 18501-0000-00008
  • Block: 18501
  • Lot: 8
  • Municipality: JACKSON TWP
  • Latitude: 40.0723
  • Longitude: -74.374

    Address

  • Full Address: 542 Toms River Rd
  • Address - House Number: 542
  • Address - Street Name: Toms River
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R012
  • 4-Digit Zip Code: 3723
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $583,737

    Appraisal Valuation

  • Standard Deviation: 0.1953
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 444,653
  • High Value: 531,510
  • Low Value: 357,797

    Market Valuation

  • Market Total Value: $231,000
  • Market Land Value: $100,800
  • Market Improvement Value: $130,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $231,000
  • Assessed Land Value: $100,800
  • Assessed Improvements Value: $130,200

    Sales

  • Current Sale Contract Date: Mar 22, 2022
  • Current Sale Recording Date: Apr 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 42797
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

1599 ft²

Average Home Age

29.2 years

Currently For Sale

4380 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: Marguerite Villante, Weichert Realtors-Jackson
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22204962
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 542 Toms River Road built and last sold?
The property at 542 Toms River Road was built in 1970 and last sold on Mar 22, 2022 for $369,000.
How much is this home worth?
The estimated value of the home located at 542 Toms River Road is $0.
What are some comparable homes to 542 Toms River Road?
There are currently no comparable homes to 542 Toms River Road.
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