1581-1611 Rte 23Kinnelon, NJ 07405

  • Residential income properties
  • 9,360 SF
Off market
$18,938,200 Estimated

Property Details for 1581-1611 Rte 23

Construction
BRICK
Lot size
13.58 AC
Property size (Sq ft)
9,360 SF
Zone code
R-7
Property type
Residential income properties
Property subtype
Residential income homes
APN
03 00204-0000-00007
APU
300204000000007

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,117,754
    6.5%
    $1,954,850
    7%
    $1,815,218
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,898,182
    Geo Method
    $1,895,615
  • Alternative Use

    Use
    Valuation
    Residential
    $1,954,850
    Hospitality
    $1,790,632
    Educational
    $1,489,785
    Medical
    $1,541,021
    Retail
    $2,317,443
1581-1611 Rte 23, Kinnelon, New Jersey

Location Insight

City
Kinnelon
County
Morris
State
New Jersey
Latitude
41.0077
Longitude
-74.3622
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
$485,775
$7,520,000
$11,418,200
$18,938,200
-
$7,520,000
$11,418,200
$18,938,200

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].