78-80 JerseyElizabeth, NJ 07206

  • Hospitality properties
  • 8,460 SF
Off market
$789,590 Estimated

Property Details for 78-80 Jersey

Lot size
0.08 AC
Property size (Sq ft)
8,460 SF
Property type
Hospitality properties
Property subtype
Hotels
APN
04 00793-0000-00004
APU
400793000000004

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,588,680
    6.5%
    $1,466,473
    7%
    $1,361,725
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,597,652
    Geo Method
    $2,597,652
  • Alternative Use

    Use
    Valuation
    Residential
    $1,600,963
    Hospitality
    $1,466,473
    Educational
    $1,220,089
    Medical
    $1,262,049
    Retail
    $1,897,916
78-80 Jersey, Elizabeth, New Jersey

Location Insight

City
Elizabeth
County
Union
State
New Jersey
Latitude
40.6475
Longitude
-74.1876
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
$18,072
$6,800
$52,300
$59,100
-
$6,800
$52,300
$59,100

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