NewmanRd, NJ

  • Commercial real estate
  • 2,022 SF
Off market

Property Details for Newman

Year built
1980
Lot size
17.80 AC
Property size (Sq ft)
2,022 SF
Zone code
R-22
Property type
Commercial real estate
APN
32 01131-0000-00002
APU
3201131000000002

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $423,525
    6.5%
    $390,946
    7%
    $363,021
  • Comparable approach

    Method
    Valuation
    Relative Method
    $264,195
    Geo Method
    $264,195
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $754,968
    Retail / Commercial
    $390,025
    Mixed-Use / Specialty
    $390,904
    Hospitality / Lodging
    $289,749
    Office
    $390,946
    Institutional / Educational
    $407,194
    Residential Income
    $476,417
    Multifamily
    $558,805
    Automotive / Energy
    $349,023
    Parking / Income-Based Land
    $118,201
    Restaurant / Food Service
    $208,157
    Healthcare / Senior Housing
    $398,537

Location Insight

City
Rd
County
Monmouth
State
New Jersey
Latitude
40.3349
Longitude
-74.0889
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$16,339
$573,900
$408,900
$982,800
-
$573,900
$408,900
$982,800

FAQs

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Please email our support team at [email protected] and they will add the team member.
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