2022-2026 Rte 31Glen Gardner, NJ 08826

  • Commercial real estate
  • 12,528 SF
Off market

Property Details for 2022-2026 Rte 31

Year built
1980
Lot size
14.83 AC
Property size (Sq ft)
12,528 SF
Zone code
B1
Property type
Commercial real estate
APN
19 00006-0000-00001
APU
1900006000000001

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,527,100
    6.5%
    $3,255,790
    7%
    $3,023,230
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,647,910
    Geo Method
    $1,636,910
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $6,499,580
    Retail / Commercial
    $3,315,400
    Mixed-Use / Specialty
    $3,289,740
    Hospitality / Lodging
    $2,395,570
    Office
    $3,255,790
    Institutional / Educational
    $3,415,060
    Residential Income
    $3,995,620
    Multifamily
    $4,868,830
    Automotive / Energy
    $2,927,190
    Parking / Income-Based Land
    $1,023,810
    Restaurant / Food Service
    $1,681,490
    Healthcare / Senior Housing
    $3,387,760

Location Insight

City
Glen Gardner
County
Hunterdon
State
New Jersey
Latitude
40.6782
Longitude
-74.9159
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
$46,951
$1,101,000
$647,000
$1,748,000
-
$1,101,000
$647,000
$1,748,000

FAQs

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