$999,000
●
House -
For Sale
68 Cannon Boulevard
Jackson, NJ 08527
5 Beds
2 Baths,
1
Half Bath
864 Ft²
$5,395
Est. Monthly
About This Property
Wooded 1.5-Acre Oasis with Approved Mansion Plans & Immediate
Rental Income!! Unparalleled opportunity to acquire a gorgeous,
ultra-private 1.5-acre wooded lot on a serene, highly desirable
block. This exceptional property offers the perfect balance of
tranquil privacy and massive appreciation potential, situated in a
rapidly growing area surrounded by premium new construction
estates. Approved plans are already in place to construct your
dream mansion, saving you months of architectural and permitting
delays. House on the property is currently rented to great tenants
to cover your holding costs until you ready to build. This will not
last! Call today.
Unit Size
864 Ft²
Days on Market
128 days
Land Size
1.50 acres
Price per sqft
$1,156
Property Type
House
Property Taxes
$489
HOA Dues
-
Year Built
1956
Listed By
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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: 5 months ago (MOMLS #22616521)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 2, 2026 | Listed by Imperial Real Estate Agency | $999,000 | |
| Listed by Imperial Real Estate Agency | |||
| Apr 20, 2018 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $125,000 | |
| Listed | |||
| | |||
|
Amazing opportunity for investors, contractors, and/or builders. This TWO BEDROOM, ONE BATH home is on a sprawling 1.5 acre deep wooded lot offering privacy from the surroundings. Outdoor storage/car structures on property. House needs major TLC - owner makes no representations or warranties. Property is an Estate, all due diligence, township certifications, etc responsibility of purchasing party.
| |||
| Aug 4, 2017 | Listed by ERA/ Byrne Realty | $125,000 | |
| Listed by ERA/ Byrne Realty | |||
| | |||
|
Amazing opportunity for investors, contractors, and/or builders. This TWO BEDROOM, ONE BATH home is on a sprawling 1.5 acre deep wooded lot offering privacy from the surroundings. Outdoor storage/car structures on property. House needs major TLC - owner makes no representations or warranties. Property is an Estate, all due diligence, township certifications, etc responsibility of purchasing party.
| |||
Property Highlights
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Basement: Full
Exterior Details
Square Footage: 864
Architectural Style: Ranch
Year Built: 1956
Building Area Total: 864
Other Structures: Shed(s)
Lot Size Area: 1.5
Lot Size Units: Acres
Lot Size Acres: 1.5
Lot Size Square Feet: 65340
Water Source: Well
Financial Details
Tax Assessed Value: $405,600
Tax Annual Amount: $5,873
Utilities Details
Cooling Type: Other
Heating Type: Forced Air
Sewer : Septic Tank
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Sold On
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HOA + Taxes
About Ocean
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Listed by: Asher Brodt, Imperial Real Estate Agency
Last Updated: 5 months ago
Data Source: MOMMLS, MLS# 22616521
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.
Last Updated: 5 months ago
Data Source: MOMMLS, MLS# 22616521
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Phone: 425-283-2930
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