723 Us Hwy 206Andover, NJ 07821

  • Industrial properties
  • 1.19 AC
Off market
$11,922,280 Estimated

Property Details for 723 Us Hwy 206

Lot size
1.19 AC
Property type
Industrial properties
APN
02 00159-0000-00007
APU
200159000000007

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $29,133,800
    6.5%
    $26,892,700
    7%
    $24,971,800
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,909,500
    Geo Method
    $10,836,600
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $13,717,800
    Mixed-Use / Specialty
    $13,611,700
    Hospitality / Lodging
    $9,911,920
    Office
    $13,471,200
    Institutional / Educational
    $14,130,200
    Residential Income
    $16,532,300
    Multifamily
    $20,145,300
    Automotive / Energy
    $12,111,600
    Parking / Income-Based Land
    $4,236,120
    Restaurant / Food Service
    $6,957,360
    Healthcare / Senior Housing
    $14,017,200

Location Insight

City
Andover
County
Sussex
State
New Jersey
Latitude
41.0011
Longitude
-74.7505
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
$10,628
$112,900
$148,800
$261,700
-
$112,900
$148,800
$261,700

FAQs

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Please email our support team at [email protected] and they will add the team member.
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