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Ocean 08527
6 Cedarwood Lane
$852,000
● House - Off Market

6 Cedarwood Lane

Jackson, NJ 08527
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,431 Ft²
$5,091
Est. Monthly
6.47%
Cap Rate

About This Property

This is Your Dream FIVE BEDROOM Home, Situated in Prime Location On a CUL-DE-SAC! Double Story Foyer! Formal Living Room, Spacious Dining Room, & Large  Family Room W/ Gas Fire Place Feature Gleaming Hardwood Flooring! Recessed Lighting! Gourmet Kitchen w/ Beautiful Cabinetry, Loads of Cabinets &  Counters & Stainless Steel Appliances. Study w/ Private Entrance.  Loads of Windows Throughout the Home to Enjoy the Natural Sunlight! FIVE  BEDROOMS on SECOND FLOOR! Master Bathroom Features Tub & Shower.  Apx 2 year old Huge TREX DECK to Enjoy the Scenic Backyard Facing the Woods! FULL BASEMENT w/ ROUGH PLUMBING!  Nice Fenced-in Backyard! Double Car Garage! Grab the opportunity to Make this Home Yours!!! An Opportunity Like This won't Last!
Unit Size
2,431 Ft²
Days on Market
-
Land Size
0.97 acres
Price per sqft
$349
Property Type
House
Property Taxes
$922
HOA Dues
-
Year Built
2005

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 #22400135)

Price History

Date / Event Date Event Price
Mar 12, 2024 Sold
Premium
Sold
Jan 2, 2024 Listed by Good Choice Realty $849,000
Listed by Good Choice Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 1,142
  • 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: 2,431
  • Building Area: 2,431
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,431
  • 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: 717101

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: TAX MAP 58
  • District: 12
  • Parcel: 12 05812-0000-00049
  • Block: 5812
  • Lot: 49
  • Municipality: JACKSON TWP
  • Latitude: 40.1436
  • Longitude: -74.2643

    Address

  • Full Address: 6 Cedarwood Ln
  • Address - House Number: 6
  • Address - Street Name: Cedarwood
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Jackson
  • Carrier Code: C010
  • 4-Digit Zip Code: 1450
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,106,041

    Appraisal Valuation

  • Standard Deviation: 0.0901
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 92
  • Final Value: 848,868
  • High Value: 925,402
  • Low Value: 772,335

    Market Valuation

  • Market Total Value: $428,200
  • Market Land Value: $124,700
  • Market Improvement Value: $303,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $428,200
  • Assessed Land Value: $124,700
  • Assessed Improvements Value: $303,500

    Sales

  • Current Sale Contract Date: Mar 07, 2024
  • Current Sale Recording Date: Mar 08, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 17528
  • Previous Sale Recording Date: Apr 29, 2005
  • Previous Sale Contract Date: Apr 13, 2005
  • Previous Sale Amount: $359,900
  • 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 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

Rentals Near You

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MOMMLS

Listed by: Esther P Goodman, Good Choice Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22400135
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 Cedarwood Lane built and last sold?
The property at 6 Cedarwood Lane was built in 2005 and last sold on Mar 7, 2024 for $852,000.
How much is this home worth?
The estimated value of the home located at 6 Cedarwood Lane is $0.
What are some comparable homes to 6 Cedarwood Lane?
There are currently no comparable homes to 6 Cedarwood Lane.
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