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Ocean 08527
656 W Commodore Boulevard
$330,000
● House - Off Market

656 W Commodore Boulevard

Jackson, NJ 08527
bedrooms
3 Beds
bathrooms
2 Baths
$573,179
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model

About This Property

Welcome to this great expanded ranch home sitting back on a private 2.58 acre lot. 3 Bedrooms plus 2 full baths. Large Living room has brick faced hearth with wood stove. Spacious Dining room with French doors to deck area. Big Eat In Kitchen with lots of cabinets and counter space. Large laundry room with plenty of storage space. Basement is partially finished with great den areas plus large unfinished area for additional storage and bilco door to the backyard. Great 25x34 2 story barn used for workshop. Additional shed for more storage.
Unit Size
-
Days on Market
-
Land Size
2.58 acres
Price per sqft
-
Property Type
House
Property Taxes
$561
HOA Dues
-
Year Built
1978

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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 #21624415)

Price History

Date / Event Date Event Price
Oct 24, 2016 Sold
Premium
Sold
Jun 20, 2016 Listed by RE/MAX Realty 9 $339,900
Listed by RE/MAX Realty 9

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1,612
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 112,385
  • Total Building Area: 1,646
  • Building Area: 1,646
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,646
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002580
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717200

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: TAX MAP 27
  • District: 12
  • Parcel: 12 02701-0000-00022
  • Block: 2701
  • Lot: 22
  • Municipality: JACKSON TWP
  • Latitude: 40.1574
  • Longitude: -74.3987

    Address

  • Full Address: 656 W Commodore Blvd
  • Address - House Number: 656
  • Street Direction: W
  • Address - Street Name: Commodore
  • Address - Suffix Type: Blvd
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R003
  • 4-Digit Zip Code: 5407
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $749,031

    Appraisal Valuation

  • Standard Deviation: 0.1953
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 553,237
  • High Value: 661,303
  • Low Value: 445,170

    Market Valuation

  • Market Total Value: $298,300
  • Market Land Value: $122,200
  • Market Improvement Value: $176,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $298,300
  • Assessed Land Value: $122,200
  • Assessed Improvements Value: $176,100

    Sales

  • Current Sale Contract Date: Oct 24, 2016
  • Current Sale Recording Date: Oct 31, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2016111897

    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:

$499,000

Sale Price/ft²

$303

Above Asking

0.19%

Average Days on Market

65

Average Home Size

1605 ft²

Average Home Age

29.4 years

Currently For Sale

4507 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 702 Cassville Road, Jackson, NJ, 08527

$3,600 /mo

  • 4 Beds
  • 2 Baths
702 Cassville Road, Jackson, NJ, 08527 Listing by Beth M Huntley
Unit for rent at 896 Anderson Road, Jackson, NJ, 08527

$3,800 /mo

  • 6 Beds
  • 3 Baths
  • 2,352 ft²
896 Anderson Road, Jackson, NJ, 08527 Listing by Jerel Stewart

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Susanne M Brown, RE/MAX Realty 9
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21624415
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 656 West Commodore Boulevard built and last sold?
The property at 656 West Commodore Boulevard was built in 1978 and last sold on Oct 24, 2016 for $330,000.
How much is this home worth?
The estimated value of the home located at 656 West Commodore Boulevard is $0.
What are some comparable homes to 656 West Commodore Boulevard?
There are currently no comparable homes to 656 West Commodore Boulevard.
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