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Ocean 08527
8 Utah Court
$340,000
● House - Off Market

8 Utah Court

Jackson, NJ 08527
bedrooms
3 Beds
bathrooms
2 Baths
$512,817
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

Welcome to this meticulously well kept home . Located on cul de sac street, sitting high on top of street, this 3 bedroom 2 bath home is move in ready. All neutral decor, hardwood floors on 1st floor, updated kitchen, tile flooring, appliance package, high hat lighting throughout, updated full bath, family room, 2 car direct entry, extended driveway,beautiful backyard, inground pool fully fenced in, large patio, full deck, shed located near all major highways, shopping and stores.
Unit Size
-
Days on Market
-
Land Size
0.30 acres
Price per sqft
-
Property Type
House
Property Taxes
$499
HOA Dues
-
Year Built
1969

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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 #21814895)

Price History

Date / Event Date Event Price
Aug 20, 2018 Sold
Premium
Sold
Apr 20, 2018 Listed by Coldwell Banker Realty $339,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 40
  • 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: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 1,630
  • Building Area: 1,630
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,630
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717001

Zoning

  • Zoning: R15

Geography

  • Assessors Map Reference: TAX MAP 61
  • District: 12
  • Parcel: 12 06105-0000-00011
  • Block: 6105
  • Lot: 11
  • Municipality: JACKSON TWP
  • Latitude: 40.1414
  • Longitude: -74.2527

    Address

  • Full Address: 8 Utah Ct
  • Address - House Number: 8
  • Address - Street Name: Utah
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Jackson
  • Carrier Code: C010
  • 4-Digit Zip Code: 1510
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $659,182

    Appraisal Valuation

  • Standard Deviation: 0.2136
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 568,959
  • High Value: 690,511
  • Low Value: 447,408

    Market Valuation

  • Market Total Value: $255,200
  • Market Land Value: $115,000
  • Market Improvement Value: $140,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $255,200
  • Assessed Land Value: $115,000
  • Assessed Improvements Value: $140,200

    Sales

  • Current Sale Contract Date: Aug 20, 2018
  • Current Sale Recording Date: Aug 24, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2018083981

    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:

$499,900

Sale Price/ft²

$306

Above Asking

0.16%

Average Days on Market

74

Average Home Size

1581 ft²

Average Home Age

32.5 years

Currently For Sale

3093 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: Lisa Angelicola, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21814895
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 8 Utah Court built and last sold?
The property at 8 Utah Court was built in 1969 and last sold on Aug 20, 2018 for $340,000.
How much is this home worth?
The estimated value of the home located at 8 Utah Court is $342,390.
What are some comparable homes to 8 Utah Court?
There are currently no comparable homes to 8 Utah Court.
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