400 Rte 70Lakehurst, NJ 08733

  • Hospitality properties
  • 10,346 SF
Off market
$1,240,700 Estimated

Property Details for 400 Rte 70

Construction
CONCRETE BLOCKS
Lot size
0.59 AC
Property size (Sq ft)
10,346 SF
Zone code
B-2
Property type
Hospitality properties
Property subtype
Motels
APN
14 00030-0000-00001
APU
1400030000000001

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,580,205
    6.5%
    $2,381,728
    7%
    $2,211,604
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,176,750
    Geo Method
    $3,176,750
  • Alternative Use

    Use
    Valuation
    Residential
    $2,600,154
    Hospitality
    $2,381,728
    Educational
    $1,981,569
    Medical
    $2,049,718
    Retail
    $3,082,441
400 Rte 70, Lakehurst, New Jersey

Location Insight

City
Lakehurst
County
Ocean
State
New Jersey
Latitude
40.0127
Longitude
-74.3242
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
2023
$26,402
$266,500
$974,200
$1,240,700
-
$266,500
$974,200
$1,240,700

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