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Ocean 08527
79 Cypress Point Lane
$485,000
● House - Off Market

79 Cypress Point Lane

Jackson, NJ 08527
bedrooms
2 Beds
bathrooms
2 Baths
square feet
2,267 Ft²
$3,511
Est. Monthly
$344
HOA / Fees
1.91%
Cap Rate

About This Property

Everything you need for the perfect ''Active Adult'' lifestyle at one of NJ's most popular communities--Westlake Golf and Country Club! Convenient single level living with bonus ''walk up'' attic for storage. This well maintained and tastefully decorated unit can be enjoyed ''as-is'' or as the perfect palette for your personal touches. The floorplan is a spacious 2267sf with 2 bedrooms and an office/den. The luxurious primary bedroom includes a walk in closet and large full bath with jacuzzi tub, stall shower and double sinks.  A warm, inviting living room has vaulted ceilings and a gas fireplace. Your designer kitchen features granite counter tops and 42'' cabinets with a center island. Sliding glass doors lead to the rear yard that includes an extended patio.
Unit Size
2,267 Ft²
Days on Market
87 days
Land Size
0.13 acres
Price per sqft
$221
Property Type
House
Property Taxes
$712
HOA Dues
$344
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 #22423170)

Price History

Date / Event Date Event Price
Mar 27, 2025 Sold
Premium
Sold
Feb 5, 2025 In contract -
In contract
Dec 31, 2024 Relisted $499,900
Relisted
Dec 26, 2024 In contract -
In contract
Nov 23, 2024 Price Decreased $509,900
↓ $10K (1.9%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 2
  • 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: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 2,267
  • Building Area: 2,267
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,267
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717502

Zoning

  • Zoning: PRC

Geography

  • Assessors Map Reference: TAX MAP 152
  • District: 12
  • Parcel: 12 15204-0000-00007
  • Block: 15204
  • Lot: 7
  • Municipality: JACKSON TWP
  • Latitude: 40.0992
  • Longitude: -74.2912

    Address

  • Full Address: 79 Cypress Point Ln
  • Address - House Number: 79
  • Address - Street Name: Cypress Point
  • Address - Suffix Type: Ln
  • State: NJ
  • City Name: Jackson
  • Carrier Code: C016
  • 4-Digit Zip Code: 4016
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $805,638

    Appraisal Valuation

  • Standard Deviation: 0.1934
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 584,986
  • High Value: 698,179
  • Low Value: 471,794

    Market Valuation

  • Market Total Value: $311,900
  • Market Land Value: $85,000
  • Market Improvement Value: $226,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $311,900
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $226,900

    Sales

  • Current Sale Contract Date: Mar 25, 2002
  • Current Sale Recording Date: Apr 26, 2002
  • Current Sale Price:
    Premium
  • Current 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

0.16%

Average Days on Market

73

Average Home Size

1578 ft²

Average Home Age

32.5 years

Currently For Sale

3055 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 15 Hummingbird Way, Jackson, NJ, 08527

$1,800 /mo

  • 1 Bed
  • 1 Bath
15 Hummingbird Way #UNIT1, Jackson, NJ, 08527 Listing by Avia Elharar

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Leonora A Grisanti, Berkshire Hathaway HomeServices Fox & Roach - Spring Lake
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22423170
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 79 Cypress Point Lane built and last sold?
The property at 79 Cypress Point Lane was built in 2002 and last sold on Mar 25, 2002 for $254,925.
How much is this home worth?
The estimated value of the home located at 79 Cypress Point Lane is $510,568.
What are some comparable homes to 79 Cypress Point Lane?
There are currently no comparable homes to 79 Cypress Point Lane.
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