1261 Paterson Plank RdSecaucus, NJ 07094

  • Other commercial real estate
  • 2,500 SF
For Sale
$6,000 View listing

Property Details for 1261 Paterson Plank Rd

Year built
1920
Construction
BRICK
Lot size
0.06 AC
Property size (Sq ft)
2,500 SF
Property type
Other commercial real estate
APN
09 00137-0000-00010
APU
900137000000010

Description

This exceptional commercial property, located at 1261 Paterson Plank Road in Secaucus, New Jersey, presents a unique investment opportunity. Priced at $6,000, this property offers significant potential for various commercial ventures. The property is classified as "Other," indicating its versatility and suitability for a range of development projects. Situated in Secaucus, NJ, the location benefits from excellent access to major transportation arteries, making it an attractive site for businesses seeking convenient access to regional and national markets. While the square footage is not currently specified, the property's classification and price point suggest a potential for development or redevelopment. The absence of a specified lot size in acres further underscores the need for due diligence and site analysis to determine the full scope of development possibilities. Interested parties are encouraged to conduct thorough site inspections and feasibility studies to assess the property's suitability for their specific commercial objectives. This property is being offered as-is, and buyers are responsible for conducting their own due diligence. The unique nature of this offering presents a compelling opportunity for investors and developers seeking a strategic foothold in the dynamic Secaucus commercial market. Given the price point and the property's classification, this represents a potentially lucrative investment with significant upside potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $473,098
    Hospitality
    $433,355
    Educational
    $360,546
    Medical
    $372,946
    Retail
    $560,850
1261 Paterson Plank Rd, Secaucus, New Jersey

Location Insight

City
Secaucus
County
Hudson
State
New Jersey
Latitude
40.7893
Longitude
-74.057
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
$12,361
$118,100
$210,400
$328,500
-
$118,100
$210,400
$328,500

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