116 MainForked River, NJ 08731

  • Retail properties
  • 0.46 AC
Off market
$729,000 Estimated

Property Details for 116 Main

Lot size
0.46 AC
Zone code
C150
Property type
Retail properties
Property subtype
Banks
APN
13 00281-0000-00012
APU
1300281000000012

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,632,499
    6.5%
    $6,122,307
    7%
    $5,685,000
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,597,776
    Geo Method
    $6,597,776
  • Alternative Use

    Use
    Valuation
    Residential
    $5,164,395
    Hospitality
    $4,730,558
    Educational
    $3,935,769
    Medical
    $4,071,126
    Retail
    $6,122,307
116 Main, Forked River, New Jersey

Location Insight

City
Forked River
County
Ocean
State
New Jersey
Latitude
39.8389
Longitude
-74.1926
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
$16,497
$250,000
$479,000
$729,000
-
$250,000
$479,000
$729,000

FAQs

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