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Vineland 08361
5463 Independence Road
$19,000
● House - Off Market

5463 Independence Road

Vineland, NJ 08361
bedrooms
2 Beds
bathrooms
1 Bath
$61,482
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

Lovely 2 Bedroom Ranch, Spacious layout and lots of outdoor space.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$157
HOA Dues
-
Year Built
1956

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 #21541761)

Price History

Date / Event Date Event Price
Jun 7, 2016 Sold
Premium
Sold
May 3, 2016 Sold
Premium
Sold
Nov 2, 2015 Listed by Crossroads Realty, Sapphire Group $36,000
Listed by Crossroads Realty, Sapphire Group
Lovely 2 Bedroom Ranch, Spacious Layout and Lots of outdoor space.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,002
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 952
  • Building Area: 952
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 952
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Vineland City School District
  • Census Tract: 041001

Zoning

  • Zoning: 1

Geography

  • Assessors Map Reference: TAX MAP 74
  • Account Number: 00017916
  • District: 14
  • Parcel: 14 07402-0000-00024
  • Block: 7402
  • Lot: 24
  • Municipality: VINELAND CITY
  • Latitude: 39.4388
  • Longitude: -74.9275

    Address

  • Full Address: 5463 Independence Rd
  • Address - House Number: 5463
  • Address - Street Name: Independence
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Vineland
  • Carrier Code: R002
  • 4-Digit Zip Code: 7663
  • Zip Code: 08361

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $305,230

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 45,759
  • High Value: 65,813
  • Low Value: 25,704

    Market Valuation

  • Market Total Value: $96,500
  • Market Land Value: $26,100
  • Market Improvement Value: $70,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $96,500
  • Assessed Land Value: $26,100
  • Assessed Improvements Value: $70,400

    Sales

  • Current Sale Contract Date: Mar 29, 2020
  • Current Sale Recording Date: Apr 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 597056
  • Previous Sale Recording Date: May 12, 2016
  • Previous Sale Contract Date: Apr 25, 2016
  • Previous Sale Amount: $19,000
  • 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 Vineland

Stats & Trends

Median Asking:

$319,900

Sale Price/ft²

$200

Below Asking

0.02%

Average Days on Market

63

Average Home Size

1707 ft²

Average Home Age

57.1 years

Currently For Sale

139 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

Rentals Near You

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MOMMLS

Listed by: Yeruchom Koslowitz, C21/ Value Plus Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21541761
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 5463 Independence Road built and last sold?
The property at 5463 Independence Road was built in 1956 and last sold on Mar 29, 2020 for $110,000.
How much is this home worth?
The estimated value of the home located at 5463 Independence Road is $0.
What are some comparable homes to 5463 Independence Road?
There are currently no comparable homes to 5463 Independence Road.
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