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Ocean 08527
59 Overlook Drive
$530,000
● House - Off Market

59 Overlook Drive

Jackson, NJ 08527
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,300 Ft²
$777,311
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

SPECTACULAR FULL BRICKFRONT COLONIAL IN PRESTIGIOUS WHISPERING HILL. THIS BEAUTIFUL HOME IS PROFESSIONALLY LANDSCAPED WITH A PAVER WALKWAY IN THE FRONT AND REAR OF THE HOME. FULLY FENCED BACKYARD WITH AN INGROUND POOL AND DECK. THE KITCHEN HAS 42'' CABINETS, GRANITE COUNTERS AND PORCELAIN FLOORING & BACKSPLASH. CHERRY HARDWOOD FLOORING IN THE DINING ROOM, LIVING ROOM AND OFFICE. THE MASTER BEDROOM FEATURES A TRAY CEILING AND A SITTING ROOM. THE MASTER BATH HAS A SKYLIGHT & DOUBLE SINKS WITH GRANITE TOPS AND NEWER VANITY. THIS BEAUTIFUL HOME FEATURES CROWN & SHADOW BOX MOLDING, RECESSED LIGHTING AND NEW ANDERSEN SLIDERS TO THE SPACIOUS DECK.  DON'T BE LEFT IN THE DARK...THIS AMAZING HOME HAS A WHOLE HOUSE GENERATOR AND CENTRAL VAC.
Unit Size
3,300 Ft²
Days on Market
-
Land Size
0.97 acres
Price per sqft
$167
Property Type
House
Property Taxes
$1,065
HOA Dues
-
Year Built
2001

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 #22008307)

Price History

Date / Event Date Event Price
May 23, 2020 Sold
Premium
Sold
Mar 1, 2020 Listed by Keller Williams Realty West Monmouth $550,000
Listed by Keller Williams Realty West Monmouth

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • 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: 1,652
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 42,253
  • Total Building Area: 3,302
  • Building Area: 3,302
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,302
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000970
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717300

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: TAX MAP 100
  • District: 12
  • Parcel: 12 10004-0000-00104
  • Block: 10004
  • Lot: 104
  • Municipality: JACKSON TWP
  • Latitude: 40.1248
  • Longitude: -74.3815

    Address

  • Full Address: 59 Overlook Dr
  • Address - House Number: 59
  • Address - Street Name: Overlook
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R015
  • 4-Digit Zip Code: 4845
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,326,675

    Appraisal Valuation

  • Standard Deviation: 0.2086
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 893,728
  • High Value: 1,080,185
  • Low Value: 707,270

    Market Valuation

  • Market Total Value: $525,000
  • Market Land Value: $106,900
  • Market Improvement Value: $418,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $525,000
  • Assessed Land Value: $106,900
  • Assessed Improvements Value: $418,100

    Sales

  • Current Sale Contract Date: May 12, 2020
  • Current Sale Recording Date: May 26, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020052912
  • Previous Sale Recording Date: Jul 19, 2004
  • Previous Sale Contract Date: May 10, 2004
  • Previous Sale Amount: $539,000
  • 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

1598 ft²

Average Home Age

29.3 years

Currently For Sale

4418 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 34 Mantoloking Drive, Jackson, NJ, 08527

$3,900 /mo

  • 4 Beds
  • 3 Baths
34 Mantoloking Drive, Jackson, NJ, 08527 Listing by Chaim Blau

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Betty M Laboska, Keller Williams Realty West Monmouth
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22008307
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 59 Overbrook Drive built and last sold?
The property at 59 Overbrook Drive was built in 2001 and last sold on May 12, 2020 for $530,000.
How much is this home worth?
The estimated value of the home located at 59 Overbrook Drive is $583,449.
What are some comparable homes to 59 Overbrook Drive?
There are currently no comparable homes to 59 Overbrook Drive.
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