50 IndustrialBerkeley Heights, NJ 07922
- Industrial properties
- 2.87 AC
Off market
$28,753,910 Estimated
Property Details for 50 Industrial
- Year built
- 1960
- Construction
- CONCRETE BLOCKS
- Lot size
- 2.87 AC
- Zone code
- LI
- Property type
- Industrial properties
- APN
- 01 01301-0000-00014- 01
- APU
- 10130100000001401
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $46,118,300
- 6.5%
- $42,570,700
- 7%
- $39,530,000
-
Comparable approach
- Method
- Valuation
- Relative Method
- $26,135,600
- Geo Method
- $26,135,600
-
Alternative Use
- Use
- Valuation
- Retail / Commercial
- $21,830,100
- Mixed-Use / Specialty
- $21,752,200
- Hospitality / Lodging
- $15,958,900
- Office
- $21,623,000
- Institutional / Educational
- $22,613,500
- Residential Income
- $26,457,900
- Multifamily
- $31,732,100
- Automotive / Energy
- $19,383,000
- Parking / Income-Based Land
- $6,688,850
- Restaurant / Food Service
- $11,313,500
- Healthcare / Senior Housing
- $22,306,500
Location Insight
- City
- Berkeley Heights
- County
- Union
- State
- New Jersey
- Latitude
- 40.6807
- Longitude
- -74.4336
- 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
$71,383
$574,000
$1,126,000
$1,700,000
-
$574,000
$1,126,000
$1,700,000
Comparable in this City
Similar Nearby for Lease
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