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Ocean 08527
85 Susan Drive
$531,000
● House - Off Market

85 Susan Drive

Jackson, NJ 08527
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,248 Ft²
$2,955
Est. Monthly
6.28%
Cap Rate

About This Property

THIS CHARMING 3 BR, 1 1/2 BATH RANCH HOME OFFERS BOTH COMFORT AND PRACTICALITY.  THE LARGE KITCHEN IS A STANDOUT FEATURE, WITH PLENTY OF CABINETS FOR STORAGE AND AMPLE COUNTER SPACE, PERFECT FOR COOKING AND ENTERTAINING.  SLIDING GLASS DOORS LEAD OUT TO A PATIO, OFFERING SEAMLESS ACCESS TO A PRIVATE BACKYARD, IDEAL FOR RELAXATION OR OUTDOOR ACTIVITIES.  INSIDE, THE HOME IS FILLED WITH BEAUTIFUL HARDWOOD FLOORS THROUGHOUT, AND THE LIVING ROOM IS BATHED IN NATURAL LIGHT FROM SKYLIGHTS.  THE THREE SPACIOUS BEDROOMS, A COZY KITCHEN, AND CONVENIENT 1 CAR GARAGE MAKE THIS HOME A PERFECT RETREAT.  SITUATED ON NEARLY HALF AN ACRE WITH A FULLY FENCED IN PROPERTY, YOU'LL ENJOY BOTH PRIVACY AND SPACE, ALL WHILE BEING CLOSE TO LOCAL AMENITIES.
Unit Size
1,248 Ft²
Days on Market
54 days
Land Size
0.43 acres
Price per sqft
$401
Property Type
House
Property Taxes
$500
HOA Dues
-
Year Built
1970

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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: 12 months ago (MOMLS #22526149)

Price History

Date / Event Date Event Price
Oct 22, 2025 Sold
Premium
Sold
Sep 10, 2025 In contract -
In contract
Aug 29, 2025 Listed by Coldwell Banker Realty $499,900
Listed by Coldwell Banker Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • 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: 8
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,731
  • Total Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000430
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Jackson Township School District
  • Census Tract: 717101

Zoning

  • Zoning: R20

Geography

  • Assessors Map Reference: TAX MAP 57
  • District: 12
  • Parcel: 12 05701-0000-00016
  • Block: 5701
  • Lot: 16
  • Municipality: JACKSON TWP
  • Latitude: 40.1393
  • Longitude: -74.2752

    Address

  • Full Address: 85 Susan Dr
  • Address - House Number: 85
  • Address - Street Name: Susan
  • Address - Suffix Type: Dr
  • State: NJ
  • City Name: Jackson
  • Carrier Code: C010
  • 4-Digit Zip Code: 1227
  • Zip Code: 08527

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $566,194

    Appraisal Valuation

  • Standard Deviation: 0.2136
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 70
  • Final Value: 461,315
  • High Value: 559,870
  • Low Value: 362,761

    Market Valuation

  • Market Total Value: $219,200
  • Market Land Value: $116,300
  • Market Improvement Value: $102,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $219,200
  • Assessed Land Value: $116,300
  • Assessed Improvements Value: $102,900

    Sales

  • Current Sale Contract Date: Jun 30, 2011
  • Current Sale Recording Date: Jul 15, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2011062723
  • Previous Sale Recording Date: Jul 19, 2000
  • Previous Sale Contract Date: Jun 08, 2000
  • Previous Sale Amount: $159,900
  • Previous 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:

$499,000

Sale Price/ft²

$303

Above Asking

0.20%

Average Days on Market

66

Average Home Size

1601 ft²

Average Home Age

29.8 years

Currently For Sale

4664 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 46 Renee Court, Jackson, NJ, 08527

$3,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,280 ft²
46 Renee Court, Jackson, NJ, 08527 Listing by Meghan Anderson

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Lucia Palmese, Coldwell Banker Realty
Last Updated: 12 months ago
Data Source: MOMMLS, MLS# 22526149
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 85 Susan Drive built and last sold?
The property at 85 Susan Drive was built in 1970 and last sold on Jun 30, 2011 for $244,900.
How much is this home worth?
The estimated value of the home located at 85 Susan Drive is $0.
What are some comparable homes to 85 Susan Drive?
There are currently no comparable homes to 85 Susan Drive.
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