1190 SpringfieldNew Providence, NJ 07974

  • Commercial real estate
  • 0.23 AC
Off market
$319,700 Estimated

Property Details for 1190 Springfield

Year built
1910
Construction
CONCRETE BLOCKS
Lot size
0.23 AC
Zone code
R-2
Property type
Commercial real estate
APN
11 00151-0000-00004
APU
1100151000000004

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,861,000
    6.5%
    $1,717,840
    7%
    $1,595,140
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,297,720
    Geo Method
    $1,297,720
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $3,382,040
    Retail / Commercial
    $1,734,290
    Mixed-Use / Specialty
    $1,728,110
    Hospitality / Lodging
    $1,267,860
    Office
    $1,717,840
    Institutional / Educational
    $1,796,540
    Residential Income
    $2,101,950
    Multifamily
    $2,520,960
    Automotive / Energy
    $1,539,890
    Parking / Income-Based Land
    $531,397
    Restaurant / Food Service
    $898,803
    Healthcare / Senior Housing
    $1,772,140

Location Insight

City
New Providence
County
Union
State
New Jersey
Latitude
40.7071
Longitude
-74.4019
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
$15,787
$180,300
$139,400
$319,700
-
$180,300
$139,400
$319,700

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message