NOT LISTED FOR SALE

553 Declaration Ln Jackson, NJ 08527

Estimated Value: $584,000 - $675,000

5 Beds
2 Baths
1,600 Sq Ft
$399/Sq Ft Est. Value

Last Sold March 11, 2024

Last sale price $507,000 $317 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,935/month

Highlights

  • Parking available for a boat
  • Baseboard Heating
  • 1-Story Property
  • Central Air
  • Dogs and Cats Allowed

About This Home

As of June 2024

A 5-bedroom ranch with 2 bathrooms and a basement sits on a 1-acre lot, offering plenty of room for comfortable living and privacy. The interior features ample living spaces and a modern kitchen, while the basement adds flexibility for various uses. Outside, the expansive property provides a serene setting for outdoor activities and relaxation. This home merges the simplicity of ranch-style living with the spaciousness and tranquility of a large, private lot.

Last Agent to Rent the Property

Sephie Schleider

Crossroads Realty Inc-Toms River License #1972014 Listed on: 04/15/2024

Last Renter's Agent

Diandra Boland

EXP Realty License #2191895

EXP Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 1.02 Acre Lot

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Parking available for a boat
  • RV Access or Parking

Schools

  • Howard C. Johnson Elementary School
  • Carl W. Goetz Middle School
  • Jackson Memorial High School

Utilities

  • Central Air
  • Heating System Uses Oil Above Ground
  • Baseboard Heating
  • Well
  • Septic Tank
  • Septic System

Listing and Financial Details

  • Security Deposit $5,400
  • Assessor Parcel Number 12-01301-0000-00033

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Year Built: 1980
  • Contract Info List PriceSqFt: 2.25
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • General Property Info Acreage: 1.02
  • Location Middle School: Carl W. Goetz
  • WaterSewer Well: Yes
  • Cooling Central Air: Yes
  • Garage None4: Yes
  • Style Ranch: Yes
  • Heating Oil Above Ground: Yes
  • Maintenance Fees Security Deposit3: 5400.0
  • Lease Requirements Security Deposit4: Yes
  • Allowable Cats2: Yes
  • Allowable Dogs2: Yes
  • Allowable Rec Vehicles: Yes
  • Allowable Boats2: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 1
  • Stories: 1
  • Full Basement: Yes

Exterior Features

  • Acres: 1.02
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Oil Above Ground, Baseboard
  • HeatingYN: Yes
  • Water Source: Well
  • Water/Sewer/Septic: Yes
  • Heating:Baseboard: Yes

Schools

  • Middle Or Junior School: Carl W. Goetz

Lot Info

  • Lot Size Sq Ft: 44431.2
  • Parcel #: 12-01301-0000-00033

MLS Schools

  • Elementary School: Howard C. Johnson
  • High School: Jackson Memorial

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2024
Closed on
Feb 15, 2024
Sold by
Policari Rose M
Bought by
553 Declaration Lane Llc
Seller's Agent
Julie Lurie Warren
C21/ Mack Morris Iris Lurie
Buyer's Agent
Chana Cohen
HomeSmart First Advantage
List Price
$475,000
Sold Price
$507,000
Premium/Discount to List
$32,000
6.74%
Views
37
Current Estimated Value
$638,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,191
Avg. Annual Appreciation
13.48%
Original Mortgage
$367,000
Outstanding Balance
$358,300
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$279,891
Source: Public Records
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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
553 Declaration Lane Llc $507,000 Madison Title
553 Declaration Lane Llc $507,000 Madison Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 553 Declaration Lane Llc $367,000
Closed 553 Declaration Lane Llc $367,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2024 06/01/24 Rented $43,200 +1100.0% --
05/08/2024 05/08/24 Under Contract -- -- --
04/19/2024 04/19/24 Price Changed $3,600 -5.3% $2 / Sq Ft
04/15/2024 04/15/24 For Rent $3,800 0.0% --
03/11/2024 03/11/24 Sold $507,000 +6.7% -- View Prior Sale
01/21/2024 01/21/24 Pending -- -- --
01/11/2024 01/11/24 For Sale $475,000 -- --
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 $7,171 $579,000 $244,000 $335,000
2024 $6,648 $261,800 $120,100 $141,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22410224

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 12-01301-0000-00033