NOT LISTED FOR SALE

237 W Commodore Blvd Jackson, NJ 08527

Estimated Value: $1,832,289

8.5 Acres
$215,563 Price per Acre
370,260 Sq Ft Lot

Last Sold December 28, 2018

Last sale price $999,999

Est. 83% increase in value since last sale

Current estimated payment $11,379/month

112 Days on Market

About This Lot

As of December 2018

ENDLESS POSSIBILITIES for this 8.5 Acre Commercial property. Located near the new Rental Community - The Gardens at Jackson Twenty-One - this property is LC zoned. It includes a single family home with 3 bedrooms, 2 baths and a full basement. In addition, there is a BRICK COMMERCIAL building, operating as a Pizzeria/Restaurant with a multiple car parking lot. There is also a large storage capacity out building that's currently being used for restaurant storage; however, it could serve as a Studio Cottage. It has an adorable front porch. The single family home has its own well and septic as well as the Pizzeria and Out Building. THERE IS WATER, SEWER, AND GAS AT THE STREET. Lots of open flat land - property goes all the way back to W Fish Road.

Last Agent to Sell the Property

Deborah Mara

RE/MAX Homeland West Listed on: 05/09/2018

RE/MAX Homeland West

Last Buyer's Agent

Deborah Mara

RE/MAX Homeland West Listed on: 05/09/2018

RE/MAX Homeland West

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,677

Lot Details

  • 8.5 Acre Lot
  • Cleared Lot
  • Wooded Lot

Outdoor Features

  • Outbuilding

Utilities

  • Electricity To Lot Line
  • Gas Available at Street
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 12-02507-0000-00025

Property Details

Property Type

Land

Est. Annual Taxes

$17,677

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Commercial
  • ResoLotFeatures: Other, See Remarks, Wooded, Cleared
  • Subdivision Name: None
  • General Property Info Waterview: No
  • General Property Info Acreage: 8.5
  • WaterSewer Well: Yes
  • WaterSewer Public Sewer at Street: Yes
  • WaterSewer Public Water at Street: Yes
  • Gas At Street3: Yes
  • Lot Description Wooded: Yes
  • Out Buildings Out Building: Yes
  • Electric On Site2: Yes
  • Lot Description Cleared: Yes
  • WaterSewer Septic - Existing: Yes
  • Special Features: None

Exterior Features

  • Acres: 8.5
  • Waterfront: No

Utilities

  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 370260.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 12-02507-0000-00025
  • Zoning Description: Residential, Commercial
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 17677.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2018
Closed on
Dec 28, 2018
Sold by
Tarbox Sheila and Estate Of Hilda Tarbox
Bought by
Falzarano Group Llc
Seller's Agent
Deborah Mara
RE/MAX Homeland West
Buyer's Agent
Deborah Mara
RE/MAX Homeland Realtors
Sold Price
$999,999
Current Estimated Value
$1,832,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$832,290
Avg. Annual Appreciation
8.88%

Purchase Details

Closed on
Jul 5, 2001
Sold by
Capstone Residential
Bought by
Somerset Diamonds Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,100
Interest Rate
7.21%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Falzarano Group Llc $999,999 First Choice Title Agency
Somerset Diamonds Llc $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Somerset Diamonds Llc $344,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2018 12/28/18 Sold $999,999 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $20,433 $1,539,800 $757,800 $782,000
2024 $19,733 $769,900 $378,900 $391,000
2023 $19,332 $769,900 $378,900 $391,000
2022 $19,332 $769,900 $378,900 $391,000
2021 $19,086 $769,900 $378,900 $391,000
2020 $18,816 $769,900 $378,900 $391,000
2019 $18,562 $769,900 $378,900 $391,000
2018 $18,116 $769,900 $378,900 $391,000
2017 $17,677 $769,900 $378,900 $391,000
2016 $17,415 $769,900 $378,900 $391,000
2015 $17,115 $769,900 $378,900 $391,000
2014 $16,668 $769,900 $378,900 $391,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21818104

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 12-02507-0000-00025