3548 Us Hwy 22Somerville, NJ 08876
- Retail properties
- 1.94 AC
Off market
$19,436,380 Estimated
Property Details for 3548 Us Hwy 22
- Year built
- 1970
- Lot size
- 1.94 AC
- Zone code
- B
- Property type
- Retail properties
- Property subtype
- Gas stations
- APN
- 22 00015-0000-00011
- APU
- 2200015000000011
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $22,675,114
- 6.5%
- $20,930,874
- 7%
- $19,435,812
-
Comparable approach
- Method
- Valuation
- Relative Method
- $27,862,544
- Geo Method
- $27,824,716
-
Alternative Use
- Use
- Valuation
- Residential
- $17,655,976
- Hospitality
- $16,172,779
- Educational
- $13,455,562
- Medical
- $13,918,319
- Retail
- $20,930,874
3548 Us Hwy 22, Somerville, New Jersey
Location Insight
- City
- Somerville
- County
- Hunterdon
- State
- New Jersey
- Latitude
- 40.6131
- Longitude
- -74.7247
- 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
$15,698
$439,500
$180,500
$620,000
-
$439,500
$180,500
$620,000
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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