132-134 MainMadison, NJ 07940

  • Banks
  • 10,400 SF
Off market
$3,189,500 Estimated

Property Details for 132-134 Main

Construction
BRICK
Lot size
0.87 AC
Property size (Sq ft)
10,400 SF
Zone code
CBD1
Property type
Banks
APN
17 01803-0000-00016
APU
1701803000000016

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,967,350
    6.5%
    $1,816,010
    7%
    $1,686,300
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,413,220
    Geo Method
    $1,413,220
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $3,541,400
    Mixed-Use / Specialty
    $1,809,540
    Hospitality / Lodging
    $1,327,600
    Office
    $1,798,790
    Institutional / Educational
    $1,881,190
    Residential Income
    $2,200,990
    Multifamily
    $2,639,750
    Automotive / Energy
    $1,612,450
    Parking / Income-Based Land
    $556,437
    Restaurant / Food Service
    $941,155
    Healthcare / Senior Housing
    $1,855,650

Location Insight

City
Madison
County
Morris
State
New Jersey
Latitude
40.757
Longitude
-74.4114
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
$65,512
$1,233,600
$1,955,900
$3,189,500
-
$1,233,600
$1,955,900
$3,189,500

FAQs

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