1600 Ctr Avel0mFort Lee, NJ 07024

  • Office properties
  • 1.14 AC
Off market
$11,471,480 Estimated

Property Details for 1600 Ctr Avel0m

Year built
1975
Lot size
1.14 AC
Zone code
R7
Property type
Office properties
Property subtype
Office buildings
APN
19 04153-0000-00017-0000-C0L0M
APU
19041530000000170000C0L0M

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,245,992
    6.5%
    $7,611,686
    7%
    $7,067,994
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,516,798
    Geo Method
    $6,516,798
  • Alternative Use

    Use
    Valuation
    Residential
    $9,438,490
    Hospitality
    $8,645,606
    Educational
    $7,193,043
    Medical
    $7,440,422
    Retail
    $11,189,178
1600 Ctr Avel0m, Fort Lee, New Jersey

Location Insight

City
Fort Lee
County
Bergen
State
New Jersey
Latitude
40.8501
Longitude
-73.9737
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
$6,432
$156,000
$104,000
$260,000
-
$156,000
$104,000
$260,000

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