NOT LISTED FOR SALE

704 S Hope Chapel Rd Jackson, NJ 08527

Estimated Value: $983,000 - $2,247,266

54.6 Acres
$31,003 Price per Acre
2,378,376 Sq Ft Lot

Last Sold January 22, 2018

Last sale price $2,995,000

Est. 43% decrease in value since last sale

Current estimated payment $10,553/month

574 Days on Market

Highlights

  • Accessory Dwelling Unit (ADU)
  • Horse or Livestock Barn
  • Fenced
  • 54.6 Acre Lot
  • Shed

About This Lot

As of January 2018

Total of 54.6 sub-dividable, cleared and beautiful acres in RG3 zone. Currently used for horse boarding, with extensive buildings and facilities. 75+ stalls, 14 paddocks, run-ins, oversized garage, storage buildings, guest house and 2500 sqft primary residence.

Last Agent to Sell the Property

Vickie Black

Crossroads Realty Ocean Cty Regional Office License #0227065 Listed on: 04/25/2016

Crossroads Realty Ocean Cty Regional Office

Last Buyer's Agent

Mordechai Eichorn

RE/MAX On The Move Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,885

Lot Details

  • 54.6 Acre Lot
  • Fenced
  • Cleared Lot
  • Subdivision Possible

Utilities

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

Additional Features

  • Track Lighting
  • Shed
  • Accessory Dwelling Unit (ADU)
  • Horse or Livestock Barn

Listing and Financial Details

  • Assessor Parcel Number 12-23001-0000-00028

Property Details

Property Type

Land

Est. Annual Taxes

$12,885

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Subdividable, Cleared
  • Subdivision Name: None
  • Reso Other Structures: Shed(s), Guest House, Horse Barn, Training Track
  • General Property Info Waterview: No
  • General Property Info Acreage: 54.6
  • WaterSewer Well: Yes
  • Out Buildings Accessory Building: Yes
  • Out Buildings Fencing: Yes
  • Gas On Site3: Yes
  • Electric On Site2: Yes
  • Out Buildings Shed2: Yes
  • Out Buildings Guest House: Yes
  • Lot Description Cleared: Yes
  • Out Buildings Horse Barn: Yes
  • WaterSewer Septic - Existing: Yes
  • Out Buildings Training Track: Yes
  • Special Features: None

Exterior Features

  • Acres: 54.6
  • Waterfront: No
  • Exclusions: Personal property

Utilities

  • Water Source: Well

Lot Info

  • Lot Size Sq Ft: 2378376.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 12-23001-0000-00028
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 12885.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2016
Closed on
Jan 19, 2018
Sold by
Miele James R and Tinagero Ramon
Bought by
Jackson Farms Llc
Seller's Agent
Vickie Black
Crossroads Realty Ocean Cty Regional Office
Buyer's Agent
Mordechai Eichorn
RE/MAX On The Move Realty
Sold Price
$2,995,000
Current Estimated Value
$1,692,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,302,245
Avg. Annual Appreciation
-7.08%
Original Mortgage
$6,800,000
Outstanding Balance
$5,738,393
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
-$4,045,638

Purchase Details

Closed on
Mar 24, 1999
Sold by
Miele James R and Miele Barbara A
Bought by
Miele James R
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
Jackson Farms Llc $950,000 Chicago Title Insurance Co
Miele James R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Farms Llc $6,800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2018 01/22/18 Sold $2,995,000 -- --
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 $57,763 $4,450,000 $4,450,000 --
2024 $14,431 $2,161,800 $1,720,000 $441,800
2023 $14,123 $558,900 $117,100 $441,800
2022 $14,123 $558,900 $117,100 $441,800
2021 $13,978 $558,900 $117,100 $441,800
2020 $13,794 $558,900 $117,100 $441,800
2019 $13,604 $558,900 $117,100 $441,800
2018 $13,274 $558,900 $117,100 $441,800
2017 $12,911 $558,900 $117,100 $441,800
2016 $12,665 $558,900 $117,100 $441,800
2015 $12,659 $558,900 $117,100 $441,800
2014 $12,301 $558,900 $117,100 $441,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21616051

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 12-23001-0000-00028