538 County Rte 515Vernon, NJ 07462

  • Retail properties
  • 2,472 SF
Off market
$8,015,040 Estimated

Property Details for 538 County Rte 515

Year built
1967
Lot size
0.80 AC
Property size (Sq ft)
2,472 SF
Property type
Retail properties
Property subtype
Banks
APN
22 00411-0000-00012
APU
2200411000000012

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $902,702
    6.5%
    $833,264
    7%
    $773,745
  • Comparable approach

    Method
    Valuation
    Relative Method
    $819,410
    Geo Method
    $813,939
  • Alternative Use

    Use
    Valuation
    Residential
    $702,889
    Hospitality
    $643,842
    Educational
    $535,669
    Medical
    $554,092
    Retail
    $833,264
538 County Rte 515, Vernon, New Jersey

Location Insight

City
Vernon
County
Sussex
State
New Jersey
Latitude
41.1966
Longitude
-74.4838
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
$20,418
$320,400
$423,800
$744,200
-
$320,400
$423,800
$744,200

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