NOT LISTED FOR SALE

48 Forest Dr Jackson, NJ 08527

Estimated Value: $522,782

3 Beds
1 Bath
-- Sq Ft
0.55 Acres

Last Sold October 13, 2021

Last sale price $375,000

Est. 39% increase in value since last sale

Current estimated payment $3,066/month

5 Days on Market

Highlights

  • Solar Power System
  • Granite Countertops
  • Living Room
  • Engineered Wood Flooring
  • No HOA
  • 3-minute walk to Woodlane Park

About This Home

As of October 2021

Welcome to this freshly remodeled ranch on over half acre lot. Open floor plan, perfect for entertaining. The newly updated kitchen with pot filler, granite and full appliance package. Fully fenced in yard with private woods setting is ready for it's new owner. Hurry before it's too late!

Last Agent to Sell the Property

Emilee Jackson

RE/MAX Revolution License #0572645 Listed on: 08/08/2021

RE/MAX Revolution

Last Buyer's Agent

Bassheva Berger

HomeSmart First Advantage License #0570764

HomeSmart First Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,110

Year Built

  • Built in 1960

Lot Details

  • 0.55 Acre Lot
  • Fenced

Home Design

  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Recessed Lighting
  • Blinds
  • Living Room
  • Engineered Wood Flooring
  • Crawl Space
  • Dryer

Kitchen

  • Stove
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Eco-Friendly Details

  • Solar Power System

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Edgewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12-06003-0000-00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,110

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Fenced Area
  • Inclusions: Swing Set, Blinds/Shades, Dishwasher, Dryer, Stove, Refrigerator
  • Subdivision Name: Edgewood
  • Architectural Style: Ranch
  • Reso Interior Features: Recessed Lighting
  • Year Built: 1960
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Foyer Floor - Engineered5: Yes
  • Living Room Floor - Engineered: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.55
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Lot Description Fenced Area: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Interior Recessed Lighting: Yes
  • Included BlindsShades: Yes
  • Kitchen GraniteStone Counter: Yes
  • Style Ranch: Yes
  • Exterior Solar Panels: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.55
  • Waterfront: No
  • Exterior Features: Fence, Solar Panels

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, Off Street, On Street
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking Driveway: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 23958.0
  • Parcel #: 12-06003-0000-00007
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6110.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2022
Sold by
Sarah Freedman
Bought by
Njdep
Current Estimated Value
$522,782

Purchase Details

Closed on
Jan 25, 2022
Sold by
Moshe Freedman
Bought by
Rba Properties Llc

Purchase Details

Listed on
Aug 8, 2021
Closed on
Sep 28, 2021
Sold by
Magnusson Kevin and Magnusson Dawn
Bought by
Freedman Moshe and Freedman Trana
Seller's Agent
Emilee Jackson
RE/MAX Revolution
Buyer's Agent
Bassheva Berger
HomeSmart First Advantage
List Price
$349,000
Sold Price
$375,000
Premium/Discount to List
$26,000
7.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.17%

Purchase Details

Listed on
Dec 7, 2015
Closed on
Feb 11, 2016
Sold by
Bayview Loan Servicing Llc
Bought by
Magnusson Kevin
Seller's Agent
Susan Smith
IINJ Realty
Buyer's Agent
Josette McClaren
Weichert Realtors-Manalapan
Sold Price
$177,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.24%
Original Mortgage
$173,794
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 17, 2015
Sold by
Masi Jessica
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
Oct 17, 2008
Sold by
Lauria James C and Lauria Jessica
Bought by
Masi Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,450
Interest Rate
6.08%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 6, 2006
Sold by
Lauria Peter M and Lauria Emma
Bought by
Lauria James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2003
Sold by
Lauria Peter M
Bought by
Lauria Peter M and Lauria Emma

Purchase Details

Closed on
Apr 16, 2003
Sold by
Colon Joseph
Bought by
Lauria Peter and Lauria Emma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.64%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Njdep -- --
Rba Properties Llc -- Madison Title
Freedman Moshe $375,000 Madison Title Agency Llc
Magnusson Kevin $177,000 Old Republic National Title
Bayview Loan Servicing Llc -- Attorney
Masi Jessica $237,000 Lawyers Title Insurance Corp
Lauria James C -- Jersey Coast Title Agency
Lauria Peter M -- --
Lauria Peter $184,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Magnusson Kevin $173,794
Previous Owner Masi Jessica $142,450
Previous Owner Lauria James C $160,000
Previous Owner Lauria Peter $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2021 10/13/21 Sold $375,000 +7.4% --
08/13/2021 08/13/21 Pending -- -- --
08/07/2021 08/07/21 For Sale $349,000 +97.2% --
02/22/2016 02/22/16 Sold $177,000 -- -- View Prior Sale
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 $3,985 $1,306,900 $229,300 $1,077,600
2024 $6,445 $145,500 $145,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22126173

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 12-06003-0000-00007