534 UnBound Brook, NJ 08805

  • Individual retail properties
  • 0.22 AC
Off market
$358,400 Estimated

Property Details for 534 Un

Year built
1960
Construction
BRICK
Lot size
0.22 AC
Property type
Individual retail properties
APN
04 00059-0000-00004- 01
APU
40005900000000401

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,773,450
    6.5%
    $1,637,030
    7%
    $1,520,100
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,273,940
    Geo Method
    $1,273,940
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $3,192,370
    Mixed-Use / Specialty
    $1,631,200
    Hospitality / Lodging
    $1,196,760
    Office
    $1,621,500
    Institutional / Educational
    $1,695,790
    Residential Income
    $1,984,070
    Multifamily
    $2,379,590
    Automotive / Energy
    $1,453,530
    Parking / Income-Based Land
    $501,596
    Restaurant / Food Service
    $848,397
    Healthcare / Senior Housing
    $1,672,760

Location Insight

City
Bound Brook
County
Somerset
State
New Jersey
Latitude
40.5677
Longitude
-74.5495
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
$8,046
$222,800
$135,600
$358,400
-
$222,800
$135,600
$358,400

FAQs

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