197 Rt 94thVernon, NJ 07462

  • Hospitality properties
  • 4,628 SF
Off market

Property Details for 197 Rt 94th

Year built
1990
Lot size
5.00 AC
Property size (Sq ft)
4,628 SF
Property type
Hospitality properties
Property subtype
Motels
APN
22 00378-0000-00020-0000-D0004
APU
22003780000000200000D0004

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,305,830
    6.5%
    $1,205,382
    7%
    $1,119,283
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,430,584
    Geo Method
    $1,421,032
  • Alternative Use

    Use
    Valuation
    Residential
    $1,315,926
    Hospitality
    $1,205,382
    Educational
    $1,002,863
    Medical
    $1,037,353
    Retail
    $1,560,010
197 Rt 94th, Vernon, New Jersey

Location Insight

City
Vernon
County
Sussex
State
New Jersey
Latitude
41.1952
Longitude
-74.4937
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
$8,108
$150,000
$181,200
$331,200
-
$150,000
$181,200
$331,200

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].