1515 BroadBloomfield, NJ 07003

  • Office properties
  • 14.27 AC
Off market
$27,166,200 Estimated

Property Details for 1515 Broad

Year built
1968
Lot size
14.27 AC
Zone code
RO
Property type
Office properties
Property subtype
Office buildings
APN
02 01231-0000-00052- 02
APU
20123100000005202

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $102,754,832
    6.5%
    $94,850,608
    7%
    $88,075,568
  • Comparable approach

    Method
    Valuation
    Relative Method
    $81,207,016
    Geo Method
    $81,207,016
  • Alternative Use

    Use
    Valuation
    Residential
    $117,614,760
    Hospitality
    $107,734,488
    Educational
    $89,633,824
    Medical
    $92,716,472
    Retail
    $139,430,400
1515 Broad, Bloomfield, New Jersey

Location Insight

City
Bloomfield
County
Essex
State
New Jersey
Latitude
40.8407
Longitude
-74.1818
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
2022
$869,862
$7,170,700
$19,995,500
$27,166,200
-
$7,170,700
$19,995,500
$27,166,200

FAQs

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