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Ocean 08527
6 Castle Avenue
$280,500
● House - Off Market

6 Castle Avenue

Jackson, NJ 08527
bedrooms
3 Beds
bathrooms
1 Bath
$420,470
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

Totally remodeled 3 bedroom 1 bath ranch on a dead-end in Robin Estate. Offers beautiful Hardwood floors throughout, Brand New Kitchen with Granite Counters and Stainless Steel Appliances. New Windows throughout, decorative moldings and new doors, Basement that can nearly double your living space.
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$454
HOA Dues
-
Year Built
1955

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 #21814235)

Price History

Date / Event Date Event Price
Aug 22, 2018 No longer available -
No longer available
Jul 20, 2018 Sold
Premium
Sold
Jun 13, 2018 Listed $277,900
Listed
Totally remodeled 3 bedroom 1 bath ranch on a dead-end in Robin Estate. Offers beautiful Hardwood floors throughout, Brand New Kitchen with Granite Counters and Stainless Steel Appliances. New Windows throughout, decorative moldings and new doors, Basement that can nearly double your living space.
Apr 16, 2018 Listed by VRI Homes $277,900
Listed by VRI Homes

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 836
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717502

Zoning

  • Zoning: R9

Geography

  • Assessors Map Reference: TAX MAP 129
  • District: 12
  • Parcel: 12 12918-0000-00006
  • Block: 12918
  • Lot: 6
  • Municipality: JACKSON TWP
  • Latitude: 40.1185
  • Longitude: -74.2962

    Address

  • Full Address: 6 Castle Ave
  • Address - House Number: 6
  • Address - Street Name: Castle
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Jackson
  • Carrier Code: C018
  • 4-Digit Zip Code: 2406
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $599,514

    Appraisal Valuation

  • Standard Deviation: 0.2136
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 418,754
  • High Value: 508,216
  • Low Value: 329,292

    Market Valuation

  • Market Total Value: $232,100
  • Market Land Value: $131,900
  • Market Improvement Value: $100,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $232,100
  • Assessed Land Value: $131,900
  • Assessed Improvements Value: $100,200

    Sales

  • Current Sale Contract Date: Jul 18, 2018
  • Current Sale Recording Date: Aug 07, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2018077045
  • Previous Sale Recording Date: Feb 23, 2018
  • Previous Sale Contract Date: Jan 22, 2018
  • Previous Sale Amount: $161,000
  • Previous Sale Document Type: 64

    Financing

  • First Mortgage Financing Type: FIX
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:

$499,900

Sale Price/ft²

$306

Above Asking

0.16%

Average Days on Market

73

Average Home Size

1578 ft²

Average Home Age

32.5 years

Currently For Sale

3055 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 15 Hummingbird Way, Jackson, NJ, 08527

$3,800 /mo

  • 3 Beds
  • 1 Bath
15 Hummingbird Way, Jackson, NJ, 08527 Listing by Avia Elharar
Unit for rent at 138 N Cooks Bridge Road, Jackson, NJ, 08527

$3,650 /mo

  • 3 Beds
  • 1 Bath
  • 1,319 ft²
138 N Cooks Bridge Road, Jackson, NJ, 08527 Listing by Israel Silber

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Mary Etta Gregory, VRI Homes
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21814235
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 6 Castle Avenue built and last sold?
The property at 6 Castle Avenue was built in 1955 and last sold on Jul 18, 2018 for $280,500.
How much is this home worth?
The estimated value of the home located at 6 Castle Avenue is $280,679.
What are some comparable homes to 6 Castle Avenue?
There are currently no comparable homes to 6 Castle Avenue.
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