3737 Us Hwy 46Parsippany, NJ 07054

  • Hospitality properties
  • 3.01 AC
Off market
$5,080,700 Estimated

Property Details for 3737 Us Hwy 46

Year built
2009
Construction
BRICK
Lot size
3.01 AC
Zone code
SED5
Property type
Hospitality properties
Property subtype
Hotels
APN
29 00136-0000-00046- 1
APU
29001360000000461

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $27,169,134
    6.5%
    $25,079,200
    7%
    $23,287,830
  • Comparable approach

    Method
    Valuation
    Relative Method
    $40,313,712
    Geo Method
    $40,259,300
  • Alternative Use

    Use
    Valuation
    Residential
    $27,379,202
    Hospitality
    $25,079,200
    Educational
    $20,865,600
    Medical
    $21,583,200
    Retail
    $32,457,602
3737 Us Hwy 46, Parsippany, New Jersey

Location Insight

City
Parsippany
County
Morris
State
New Jersey
Latitude
40.877
Longitude
-74.4452
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
$168,933
$1,305,000
$3,775,700
$5,080,700
-
$1,305,000
$3,775,700
$5,080,700

FAQs

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