645 Newman SpgsLincroft, NJ 07738

  • Commercial real estate
  • 14,056 SF
Off market
$3,120,600 Estimated

Property Details for 645 Newman Spgs

Year built
1957
Construction
CONCRETE BLOCKS
Lot size
0.86 AC
Property size (Sq ft)
14,056 SF
Zone code
B-1
Property type
Commercial real estate
APN
32 01111-0000-00003- 01
APU
320111100000000301

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,944,100
    6.5%
    $2,717,630
    7%
    $2,523,520
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,836,560
    Geo Method
    $1,836,560
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $5,248,120
    Retail / Commercial
    $2,711,230
    Mixed-Use / Specialty
    $2,717,340
    Hospitality / Lodging
    $2,014,170
    Office
    $2,717,630
    Institutional / Educational
    $2,830,580
    Residential Income
    $3,311,780
    Multifamily
    $3,884,500
    Automotive / Energy
    $2,426,210
    Parking / Income-Based Land
    $821,668
    Restaurant / Food Service
    $1,446,980
    Healthcare / Senior Housing
    $2,770,400

Location Insight

City
Lincroft
County
Monmouth
State
New Jersey
Latitude
40.3308
Longitude
-74.1195
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
$57,051
$1,778,800
$1,341,800
$3,120,600
-
$1,778,800
$1,341,800
$3,120,600

FAQs

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