960 BloomfieldGlen Ridge, NJ 07028

  • Residential income properties
  • 61,854 SF
Off market
$7,279,900 Estimated

Property Details for 960 Bloomfield

Year built
1974
Lot size
1.75 AC
Property size (Sq ft)
61,854 SF
Zone code
R5
Property type
Residential income properties
Property subtype
Residential income homes
APN
08 00053-0000-00006
APU
800053000000006

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,680,629
    6.5%
    $11,705,196
    7%
    $10,869,111
  • Comparable approach

    Method
    Valuation
    Relative Method
    $12,526,858
    Geo Method
    $12,526,858
  • Alternative Use

    Use
    Valuation
    Residential
    $11,705,196
    Hospitality
    $10,721,897
    Educational
    $8,920,492
    Medical
    $9,227,282
    Retail
    $13,876,321
960 Bloomfield, Glen Ridge, New Jersey

Location Insight

City
Glen Ridge
County
Essex
State
New Jersey
Latitude
40.8046
Longitude
-74.2081
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
$239,727
$2,450,000
$4,829,900
$7,279,900
-
$2,450,000
$4,829,900
$7,279,900

FAQs

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