111 MainChester, NJ 07930

  • Hospitality properties
  • 18,416 SF
Off market
$24,045,120 Estimated

Property Details for 111 Main

Year built
1895
Construction
FRAME
Lot size
2.40 AC
Property size (Sq ft)
18,416 SF
Zone code
B-1
Property type
Hospitality properties
Property subtype
Hotels
APN
06 00107-0000-00017
APU
600107000000017

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,517,774
    6.5%
    $4,170,254
    7%
    $3,872,378
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,677,550
    Geo Method
    $5,654,651
  • Alternative Use

    Use
    Valuation
    Residential
    $4,552,705
    Hospitality
    $4,170,254
    Educational
    $3,469,602
    Medical
    $3,588,927
    Retail
    $5,397,158
111 Main, Chester, New Jersey

Location Insight

City
Chester
County
Morris
State
New Jersey
Latitude
40.7867
Longitude
-74.6948
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
$50,117
$679,500
$1,312,500
$1,992,000
-
$679,500
$1,312,500
$1,992,000

FAQs

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