18 DelarFranklin Park, NJ 08823

  • Residential income properties
  • 13,903 SF
Off market

Property Details for 18 Delar

Construction
BRICK
Lot size
5.43 AC
Property size (Sq ft)
13,903 SF
Zone code
CR
Property type
Residential income properties
Property subtype
Residential income homes
APN
08 00034- 05-00052- 06
APU
800034050005206

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,850,241
    6.5%
    $2,630,992
    7%
    $2,443,064
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,815,677
    Geo Method
    $2,815,677
  • Alternative Use

    Use
    Valuation
    Residential
    $2,630,992
    Hospitality
    $2,409,974
    Educational
    $2,005,070
    Medical
    $2,074,028
    Retail
    $3,118,998
18 Delar, Franklin Park, New Jersey

Location Insight

City
Franklin Park
County
Somerset
State
New Jersey
Latitude
40.436
Longitude
-74.5475
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
$51,106
$720,000
$1,800,000
$2,520,000
-
$720,000
$1,800,000
$2,520,000

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