127 NewportVentnor City, NJ 08406

  • Residential income homes
  • 2,828 SF
Off market
$364,900 Estimated

Property Details for 127 Newport

Year built
1900
Construction
FRAME
Lot size
0.18 AC
Property size (Sq ft)
2,828 SF
Zone code
7
Property type
Residential income homes
Property subtype
Small apartment buildings
APN
22 00169-0000-00025
APU
2200169000000025

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,261,830
    6.5%
    $1,164,770
    7%
    $1,081,570
  • Comparable approach

    Method
    Valuation
    Relative Method
    $432,323
    Geo Method
    $432,323
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,865,620
    Retail / Commercial
    $958,792
    Mixed-Use / Specialty
    $957,037
    Hospitality / Lodging
    $704,314
    Office
    $953,085
    Institutional / Educational
    $995,528
    Multifamily
    $1,387,740
    Automotive / Energy
    $853,310
    Parking / Income-Based Land
    $292,823
    Restaurant / Food Service
    $501,313
    Healthcare / Senior Housing
    $979,718

Location Insight

City
Ventnor City
County
Atlantic
State
New Jersey
Latitude
39.34
Longitude
-74.4848
CBSA code
12100
CBSA name
ATLANTIC 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
$9,385
$155,100
$209,800
$364,900
-
$155,100
$209,800
$364,900

FAQs

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