1217 StatePrinceton, NJ 08540

  • Retail properties
  • 1.05 AC
Off market
$1,092,000 Estimated

Property Details for 1217 State

Year built
2021
Lot size
1.05 AC
Property type
Retail properties
Property subtype
Banks
APN
13 35005-0000-00006
APU
1335005000000006

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,115,931
    6.5%
    $10,260,859
    7%
    $9,527,941
  • Comparable approach

    Method
    Valuation
    Relative Method
    $15,059,840
    Geo Method
    $15,059,840
  • Alternative Use

    Use
    Valuation
    Residential
    $8,655,419
    Hospitality
    $7,928,317
    Educational
    $6,596,266
    Medical
    $6,823,122
    Retail
    $10,260,859
1217 State, Princeton, New Jersey

Location Insight

City
Princeton
County
Somerset
State
New Jersey
Latitude
40.4014
Longitude
-74.6499
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
$35,195
$157,500
$934,500
$1,092,000
-
$157,500
$934,500
$1,092,000

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