163 8thPassaic, NJ 07055

  • Bars
  • 0.04 AC
Off market
$232,200 Estimated

Property Details for 163 8th

Year built
1940
Construction
FRAME
Lot size
0.04 AC
Zone code
R-3
Property type
Bars
Property subtype
Pubs
APN
07 01026-0000-00030
APU
701026000000030

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $345,232
    6.5%
    $318,675
    7%
    $295,913
  • Comparable approach

    Method
    Valuation
    Relative Method
    $247,993
    Geo Method
    $247,993
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $621,448
    Mixed-Use / Specialty
    $317,539
    Hospitality / Lodging
    $232,968
    Office
    $315,653
    Institutional / Educational
    $330,113
    Residential Income
    $386,232
    Multifamily
    $463,226
    Automotive / Energy
    $282,954
    Parking / Income-Based Land
    $97,644
    Restaurant / Food Service
    $165,155
    Healthcare / Senior Housing
    $325,631

Location Insight

City
Passaic
County
Passaic
State
New Jersey
Latitude
40.8616
Longitude
-74.1107
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
$9,297
$46,700
$185,500
$232,200
-
$46,700
$185,500
$232,200

FAQs

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