106 RidgedaleMorristown, NJ 07960

  • Retail properties
  • 4,812 SF
Off market
$6,512,220 Estimated

Property Details for 106 Ridgedale

Lot size
0.65 AC
Property size (Sq ft)
4,812 SF
Zone code
I
Property type
Retail properties
Property subtype
Gas stations
APN
24 00701-0000-00002
APU
2400701000000002

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,290,013
    6.5%
    $1,190,781
    7%
    $1,105,725
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,586,548
    Geo Method
    $1,584,414
  • Alternative Use

    Use
    Valuation
    Residential
    $1,004,468
    Hospitality
    $920,088
    Educational
    $765,502
    Medical
    $791,829
    Retail
    $1,190,781
106 Ridgedale, Morristown, New Jersey

Location Insight

City
Morristown
County
Morris
State
New Jersey
Latitude
40.8016
Longitude
-74.4669
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
$16,875
$260,000
$324,300
$584,300
-
$260,000
$324,300
$584,300

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