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Ocean 08527
747 Dorathys Lane
$550,000
● House - Off Market

747 Dorathys Lane

Jackson, NJ 08527
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,860 Ft²
$3,300
Est. Monthly
6.11%
Cap Rate

About This Property

If you've been looking for 1-floor living on a beautiful, quiet street, here's your opportunity to simply move in & enjoy! The spacious familyroom with wood-burning stove is perfect for entertaining, and you'll love the view into the large backyard. All bedrooms are nicely sized and feature wood floors, which are also in the hallway&livingroom, enhancing the warmth and character of the home.Conveniently located laundry space off the kitchen.Tons of storage in the walk-up attic, full bsmnt+crawlspace. The backyard patio with gazebo and in-ground pool on a full acre offer a delightful oasis for entertaining! And you'll have the added security of a whole-house generator.  This home has so much to offer, come and make it yours!
Unit Size
1,860 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$296
Property Type
House
Property Taxes
$599
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 #22327329)

Price History

Date / Event Date Event Price
Jan 19, 2024 Sold
Premium
Sold
Sep 30, 2023 Listed by Crossroads Realty Executive Office $550,000
Listed by Crossroads Realty Executive Office

Property Highlights

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: 1,300
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,860
  • Building Area: 1,860
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,860
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

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

Zoning

  • Zoning: PV

Geography

  • Assessors Map Reference: TAX MAP 187
  • District: 12
  • Parcel: 12 18702-0000-00021
  • Block: 18702
  • Lot: 21
  • Municipality: JACKSON TWP
  • Latitude: 40.0677
  • Longitude: -74.3496

    Address

  • Full Address: 747 Dorathys Ln
  • Address - House Number: 747
  • Address - Street Name: Dorathys
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Jackson
  • Carrier Code: R012
  • 4-Digit Zip Code: 3540
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $718,679

    Appraisal Valuation

  • Standard Deviation: 0.2099
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 571,258
  • High Value: 691,172
  • Low Value: 451,344

    Market Valuation

  • Market Total Value: $284,400
  • Market Land Value: $105,100
  • Market Improvement Value: $179,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $284,400
  • Assessed Land Value: $105,100
  • Assessed Improvements Value: $179,300

    Sales

  • Current Sale Contract Date: Jan 18, 2024
  • Current Sale Recording Date: Jan 29, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 6546
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

1595 ft²

Average Home Age

29 years

Currently For Sale

4297 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

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MOMMLS

Listed by: Vickie L Black, Crossroads Realty Executive Office
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 22327329
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 747 Dorathys Lane built and last sold?
The property at 747 Dorathys Lane was built in 1978 and last sold on Jan 18, 2024 for $550,000.
How much is this home worth?
The estimated value of the home located at 747 Dorathys Lane is $0.
What are some comparable homes to 747 Dorathys Lane?
There are currently no comparable homes to 747 Dorathys Lane.
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