56 CottageJersey City, NJ 07306

  • Residential income homes
  • 0.13 AC
Off market
$3,066,700 Estimated

Property Details for 56 Cottage

Year built
1998
Lot size
0.13 AC
Zone code
C-1
Property type
Residential income homes
Property subtype
Small apartment buildings
APN
06 07902-0000-00059- 01
APU
60790200000005901

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,278,180
    6.5%
    $1,179,860
    7%
    $1,095,580
  • Comparable approach

    Method
    Valuation
    Relative Method
    $852,262
    Geo Method
    $852,262
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,898,400
    Retail / Commercial
    $973,488
    Mixed-Use / Specialty
    $970,017
    Hospitality / Lodging
    $711,671
    Office
    $964,255
    Institutional / Educational
    $1,008,430
    Multifamily
    $1,415,060
    Automotive / Energy
    $864,366
    Parking / Income-Based Land
    $298,282
    Restaurant / Food Service
    $504,514
    Healthcare / Senior Housing
    $994,735

Location Insight

City
Jersey City
County
Hudson
State
New Jersey
Latitude
40.7347
Longitude
-74.0619
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
$51,679
$2,340,000
$726,700
$3,066,700
-
$2,340,000
$726,700
$3,066,700

FAQs

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