Tower Ln, NJ

  • Commercial real estate
  • 1.61 AC
Off market
$16,130,360 Estimated

Property Details

Year built
1990
Lot size
1.61 AC
Property type
Commercial real estate
APN
22 00532-0000-00008-0000-T02
APU
22005320000000080000T02

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $19,744,800
    6.5%
    $18,226,000
    7%
    $16,924,100
  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,225,040
    Geo Method
    $9,163,450
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $36,384,800
    Retail / Commercial
    $18,559,700
    Mixed-Use / Specialty
    $18,416,000
    Hospitality / Lodging
    $13,410,400
    Office
    $18,226,000
    Institutional / Educational
    $19,117,600
    Residential Income
    $22,367,600
    Multifamily
    $27,255,800
    Automotive / Energy
    $16,386,500
    Parking / Income-Based Land
    $5,731,300
    Restaurant / Food Service
    $9,413,030
    Healthcare / Senior Housing
    $18,964,700

Location Insight

City
Tower Ln
County
Sussex
State
New Jersey
Latitude
41.1748
Longitude
-74.4896
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
$5,160
-
$221,400
$221,400
-
-
$221,400
$221,400

FAQs

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