400 UnBound Brook, NJ 08805

  • Individual retail properties
  • 0.44 AC
Off market
$867,700 Estimated

Property Details for 400 Un

Year built
1950
Construction
CONCRETE BLOCKS
Lot size
0.44 AC
Property type
Individual retail properties
APN
04 00061-0000-00002
APU
400061000000002

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,665,130
    6.5%
    $3,383,200
    7%
    $3,141,540
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,632,800
    Geo Method
    $2,632,800
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $6,597,560
    Mixed-Use / Specialty
    $3,371,140
    Hospitality / Lodging
    $2,473,300
    Office
    $3,351,110
    Institutional / Educational
    $3,504,620
    Residential Income
    $4,100,410
    Multifamily
    $4,917,810
    Automotive / Energy
    $3,003,960
    Parking / Income-Based Land
    $1,036,630
    Restaurant / Food Service
    $1,753,350
    Healthcare / Senior Housing
    $3,457,040

Location Insight

City
Bound Brook
County
Somerset
State
New Jersey
Latitude
40.5675
Longitude
-74.5448
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
$19,847
$343,000
$524,700
$867,700
-
$343,000
$524,700
$867,700

FAQs

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