543-547 WashingtonWoodbine, NJ 08270

  • Commercial real estate
  • 4,372 SF
Off market
$3,450,460 Estimated

Property Details for 543-547 Washington

Year built
1930
Construction
FRAME
Lot size
0.34 AC
Property size (Sq ft)
4,372 SF
Zone code
TC
Property type
Commercial real estate
APN
16 00030-0000-00001
APU
1600030000000001

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,432,690
    6.5%
    $1,322,480
    7%
    $1,228,020
  • Comparable approach

    Method
    Valuation
    Relative Method
    $571,246
    Geo Method
    $571,246
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,543,720
    Retail / Commercial
    $1,316,140
    Mixed-Use / Specialty
    $1,320,700
    Hospitality / Lodging
    $980,991
    Office
    $1,322,480
    Institutional / Educational
    $1,376,300
    Residential Income
    $1,610,270
    Multifamily
    $1,880,010
    Automotive / Energy
    $1,179,680
    Parking / Income-Based Land
    $397,959
    Restaurant / Food Service
    $706,638
    Healthcare / Senior Housing
    $1,344,870

Location Insight

City
Woodbine
County
Cape May
State
New Jersey
Latitude
39.24
Longitude
-74.8167
CBSA code
36140
CBSA name
OCEAN CITY, NJ 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
$4,975
$87,500
$203,600
$291,100
-
$87,500
$203,600
$291,100

FAQs

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Please email our support team at [email protected] and they will add the team member.
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