2640 Hwy 516Old Bridge, NJ 08857

  • Retail properties
  • 7,801 SF
Off market
$6,311,890 Estimated

Property Details for 2640 Hwy 516

Construction
BRICK
Lot size
0.63 AC
Property size (Sq ft)
7,801 SF
Zone code
CC
Property type
Retail properties
Property subtype
Other car washes
APN
15 09000-0000-00037
APU
1509000000000037

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,895,915
    6.5%
    $1,750,076
    7%
    $1,625,070
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,568,582
    Geo Method
    $2,568,582
  • Alternative Use

    Use
    Valuation
    Residential
    $1,476,254
    Hospitality
    $1,352,241
    Educational
    $1,125,049
    Medical
    $1,163,741
    Retail
    $1,750,076
2640 Hwy 516, Old Bridge, New Jersey

Location Insight

City
Old Bridge
County
Middlesex
State
New Jersey
Latitude
40.4045
Longitude
-74.3213
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
$9,919
$97,800
$89,600
$187,400
-
$97,800
$89,600
$187,400

FAQs

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