715 Washington StHoboken, NJ 07030

  • Office buildings
  • 0.03 AC
For Sale
$2,750 View listing

Property Details for 715 Washington St

Construction
BRICK
Lot size
0.03 AC
Zone code
R-1
Property type
Office buildings
APN
05 00218-0000-00005- 01
APU
50021800000000501

Description

This exceptional office space, located at 715 Washington Street, Unit 2, in the vibrant city of Hoboken, New Jersey, presents a fantastic opportunity for businesses seeking a convenient and well-situated location. The unit is ideally positioned within a bustling commercial area, offering easy access to various amenities, transportation options, and a thriving professional community. While the exact square footage is not currently specified, the monthly lease price of $2750 reflects a competitive rate for the Hoboken market. The property is classified as an office space, making it suitable for a range of professional uses. The address, 715 Washington Street, Unit 2, Hoboken, NJ, ensures a prominent and easily accessible location for clients and employees alike. This listing represents a unique chance to secure a well-located office space in a highly desirable area. Interested parties are encouraged to inquire promptly to schedule a viewing and explore the potential of this property. The property is situated on a lot with zero acres, indicating a building that is part of a larger complex or development. Further details regarding the specific features and layout of the unit can be provided upon request. This is an excellent opportunity to establish a strong business presence in the heart of Hoboken.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $281,998
    6.5%
    $260,306
    7%
    $241,712
  • Comparable approach

    Method
    Valuation
    Relative Method
    $196,643
    Geo Method
    $196,643
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $512,482
    Retail / Commercial
    $262,798
    Mixed-Use / Specialty
    $261,861
    Hospitality / Lodging
    $192,119
    Institutional / Educational
    $272,230
    Residential Income
    $318,509
    Multifamily
    $382,003
    Automotive / Energy
    $233,340
    Parking / Income-Based Land
    $80,522.80
    Restaurant / Food Service
    $136,196
    Healthcare / Senior Housing
    $268,534

Location Insight

City
Hoboken
County
Hudson
State
New Jersey
Latitude
40.7453
Longitude
-74.0282
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
$17,032
$665,000
$366,000
$1,031,000
-
$665,000
$366,000
$1,031,000

FAQs

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