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Ocean 08527
6 Prince Way
$520,000
● House - Off Market

6 Prince Way

Jackson, NJ 08527
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,684 Ft²
$931,620
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

Elegance and Grace abound in this Magnificent Colonial. Entertainers dream, Gourmet Kitchen with beveled granite, Formal Living and Dining lead to the Conservatory(10ft ceiling). Two story entrance, Library, Family Room with fireplace and vaulted ceiling, Sun room with two sets of exterior Fr. Doors. Two staircases lead to 2nd Fl. which includes Mstr. Bed & Bath,3 more Beds and bath. Beautiful landscaping and in ground pool. Come see how opulence and style abound,you will fall in love. Stately!
Unit Size
3,684 Ft²
Days on Market
-
Land Size
2.29 acres
Price per sqft
$142
Property Type
House
Property Taxes
$901
HOA Dues
-
Year Built
2003

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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 #21441911)

Price History

Date / Event Date Event Price
Aug 12, 2015 Sold
Premium
Sold
Oct 17, 2014 Listed by Veltri & Associates, Realtors $524,900
Listed by Veltri & Associates, Realtors

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • 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: 2,238
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 99,752
  • Total Building Area: 3,684
  • Building Area: 3,684
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,684
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002290
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: TAX MAP 153
  • District: 12
  • Parcel: 12 15301-0000-00007
  • Block: 15301
  • Lot: 7
  • Municipality: JACKSON TWP
  • Latitude: 40.105
  • Longitude: -74.3038

    Address

  • Full Address: 6 Prince Way
  • Address - House Number: 6
  • Address - Street Name: Prince
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R004
  • 4-Digit Zip Code: 2877
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,324,803

    Appraisal Valuation

  • Standard Deviation: 0.1891
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 952,211
  • High Value: 1,132,282
  • Low Value: 772,141

    Market Valuation

  • Market Total Value: $527,600
  • Market Land Value: $111,300
  • Market Improvement Value: $416,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $527,600
  • Assessed Land Value: $111,300
  • Assessed Improvements Value: $416,300

    Sales

  • Current Sale Contract Date: Aug 10, 2015
  • Current Sale Recording Date: Oct 05, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2015100184
  • Previous Sale Recording Date: Mar 11, 2003
  • Previous Sale Contract Date: Jan 29, 2003
  • Previous Sale Amount: $476,675
  • 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:

$499,900

Sale Price/ft²

$305

Above Asking

0.16%

Average Days on Market

73

Average Home Size

1583 ft²

Average Home Age

32.4 years

Currently For Sale

3037 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 31 Oakland Drive, Jackson, NJ, 08527

$4,000 /mo

  • 5 Beds
  • 3 Baths
  • 2,791 ft²
31 Oakland Drive, Jackson, NJ, 08527 Listing by Miriam Rubin-Feldheim

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Donald J McKeon Jr., Veltri & Associates, Realtors
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21441911
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 Prince Way built and last sold?
The property at 6 Prince Way was built in 2003 and last sold on Aug 10, 2015 for $520,000.
How much is this home worth?
The estimated value of the home located at 6 Prince Way is $566,590.
What are some comparable homes to 6 Prince Way?
There are currently no comparable homes to 6 Prince Way.
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