1272 RivCranbury, NJ 08512

  • Hospitality properties
  • 5.04 AC
Off market
$6,600,000 Estimated

Property Details for 1272 Riv

Year built
2002
Lot size
5.04 AC
Zone code
HC
Property type
Hospitality properties
Property subtype
Hotels
APN
02 00005-0000-00016- 02
APU
20000500000001602

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $41,227,172
    6.5%
    $38,055,852
    7%
    $35,337,576
  • Comparable approach

    Method
    Valuation
    Relative Method
    $67,410,592
    Geo Method
    $67,410,592
  • Alternative Use

    Use
    Valuation
    Residential
    $41,545,932
    Hospitality
    $38,055,852
    Educational
    $31,662,022
    Medical
    $32,750,928
    Retail
    $49,252,032
1272 Riv, Cranbury, New Jersey

Location Insight

City
Cranbury
County
Middlesex
State
New Jersey
Latitude
40.3188
Longitude
-74.5056
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
$117,612
$720,000
$5,880,000
$6,600,000
-
$720,000
$5,880,000
$6,600,000

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