550 County Rte 515Vernon, NJ 07462

  • Retail properties
  • 3,466 SF
Off market
$1,159,400 Estimated

Property Details for 550 County Rte 515

Year built
1985
Lot size
1.00 AC
Property size (Sq ft)
3,466 SF
Property type
Retail properties
Property subtype
Banks
APN
22 00406-0000-00004
APU
2200406000000004

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,265,682
    6.5%
    $1,168,322
    7%
    $1,084,870
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,148,897
    Geo Method
    $1,141,226
  • Alternative Use

    Use
    Valuation
    Residential
    $985,523
    Hospitality
    $902,734
    Educational
    $751,064
    Medical
    $776,894
    Retail
    $1,168,322
550 County Rte 515, Vernon, New Jersey

Location Insight

City
Vernon
County
Sussex
State
New Jersey
Latitude
41.1981
Longitude
-74.4827
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
$31,812
$250,000
$909,400
$1,159,400
-
$250,000
$909,400
$1,159,400

FAQs

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