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Ocean 08527
628 Bennetts Mills Road
$700,000
● House - Off Market

628 Bennetts Mills Road

Jackson, NJ 08527
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,600 Ft²
$762,454
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

A hidden gem on Bennetts Mills! This stunning 4 Bedroom, 3 Full and 1 Half Bath Colonial, sits back 300 ft from the road, nestled on a gorgeous, spacious lot just over 1 acre. The lot offers complete privacy, a generous side yard, above ground pool surrounded by newer composite deck leading down to a gorgeous paver patio and fire pit. Backs up to wooded lots, and offers extended driveway with basketball area/additional parking. Walk inside to hardwood and luxury vinyl flooring, granite counter tops, & stainless steel appliance package. An addition features an 18 x 20 second living room & an extended hallway upstairs leading to the secluded 2nd master bedroom. Upstairs features new luxury vinyl flooring. 2 Car Garage with Additional Storage & Basement. Welcome home!
Unit Size
2,600 Ft²
Days on Market
168 days
Land Size
1.11 acres
Price per sqft
$285
Property Type
House
Property Taxes
$888
HOA Dues
-
Year Built
2002

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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: 2 years ago (MOMLS #22229144)

Price History

Date / Event Date Event Price
Mar 2, 2023 Sold
Premium
Sold
Sep 15, 2022 Listed by Keller Williams Realty Ocean Living $739,900
Listed by Keller Williams Realty Ocean Living

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 716
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 48,352
  • Total Building Area: 2,622
  • Building Area: 2,622
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,622
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001110
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717102

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: TAX MAP 87
  • District: 12
  • Parcel: 12 08701-0000-00012
  • Block: 8701
  • Lot: 12
  • Municipality: JACKSON TWP
  • Latitude: 40.1222
  • Longitude: -74.2935

    Address

  • Full Address: 628 Bennetts Mills Rd
  • Address - House Number: 628
  • Address - Street Name: Bennetts Mills
  • Address - Suffix Type: Rd
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R014
  • 4-Digit Zip Code: 3849
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,078,725

    Appraisal Valuation

  • Standard Deviation: 0.1905
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 748,635
  • High Value: 891,281
  • Low Value: 605,989

    Market Valuation

  • Market Total Value: $429,600
  • Market Land Value: $104,500
  • Market Improvement Value: $325,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $429,600
  • Assessed Land Value: $104,500
  • Assessed Improvements Value: $325,100

    Sales

  • Current Sale Contract Date: Mar 02, 2023
  • Current Sale Recording Date: Mar 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 19973
  • Previous Sale Recording Date: Nov 16, 2001
  • Previous Sale Contract Date: Nov 01, 2001
  • Previous Sale Amount: $185,000
  • 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 Ocean

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$306

Above Asking

0.24%

Average Days on Market

73

Average Home Size

1585 ft²

Average Home Age

32.3 years

Currently For Sale

3005 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 2 Kathleen Drive, Jackson, NJ, 08527

$3,964 /mo

  • 1 Bed
  • 1 Bath
2 Kathleen Drive, Jackson, NJ, 08527 Listing by Sean F Quinn
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: Samantha Vallone, Keller Williams Realty Ocean Living
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22229144
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 628 Bennetts Mills Road built and last sold?
The property at 628 Bennetts Mills Road was built in 2002 and last sold on Mar 2, 2023 for $700,000.
How much is this home worth?
The estimated value of the home located at 628 Bennetts Mills Road is $0.
What are some comparable homes to 628 Bennetts Mills Road?
There are currently no comparable homes to 628 Bennetts Mills Road.
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