205 ThomasBloomfield, NJ 07003

  • Office properties
  • 2,429 SF
Off market
$767,300 Estimated

Property Details for 205 Thomas

Year built
1924
Lot size
0.10 AC
Property size (Sq ft)
2,429 SF
Zone code
R-1B
Property type
Office properties
Property subtype
Office buildings
APN
02 00224-0000-00014
APU
200224000000014

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $401,586
    6.5%
    $370,695
    7%
    $344,217
  • Comparable approach

    Method
    Valuation
    Relative Method
    $317,373
    Geo Method
    $317,373
  • Alternative Use

    Use
    Valuation
    Residential
    $459,662
    Hospitality
    $421,048
    Educational
    $350,307
    Medical
    $362,354
    Retail
    $544,922
205 Thomas, Bloomfield, New Jersey

Location Insight

City
Bloomfield
County
Essex
State
New Jersey
Latitude
40.7955
Longitude
-74.2017
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
$24,569
$162,700
$604,600
$767,300
-
$162,700
$604,600
$767,300

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