289 White Bridge RdPittstown, NJ 08867

  • Office properties
  • 3,987 SF
For Sale
$949,000 View listing

Property Details for 289 White Bridge Rd

Year built
1930
Lot size
2.21 AC
Property size (Sq ft)
3,987 SF
Zone code
NB
Property type
Office properties
Property subtype
Office buildings
APN
10 00029-0000-00004- 01
APU
100002900000000401

Description

This exceptional commercial property, located at 289 WHITE BRIDGE RD Unit 0, Pittstown, NJ, presents a unique investment opportunity. The building boasts a substantial 3,987 square feet of versatile space, ideal for a variety of commercial uses. Situated on a generous 2.21-acre lot, the property offers ample room for expansion, additional parking, or outdoor operations. The building's size and layout provide flexibility for businesses requiring significant space. The property's location in Pittstown, NJ offers convenient access to major transportation routes, ensuring easy commutes for employees and clients. The asking price is $949,000, representing a compelling value for a property of this size and potential in a desirable location. This is a rare opportunity to acquire a substantial commercial property in a thriving area. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Serious inquiries are encouraged to explore the full potential of this exceptional commercial offering. Further details regarding zoning and permitted uses are available upon request. Don't miss this chance to secure a prime commercial property in a highly sought-after location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $990,433
    6.5%
    $914,246
    7%
    $848,942
  • Comparable approach

    Method
    Valuation
    Relative Method
    $524,443
    Geo Method
    $520,941
  • Alternative Use

    Use
    Valuation
    Residential
    $1,133,664
    Hospitality
    $1,038,430
    Educational
    $863,962
    Medical
    $893,675
    Retail
    $1,343,941
289 White Bridge Rd, Pittstown, New Jersey

Location Insight

City
Pittstown
County
Hunterdon
State
New Jersey
Latitude
40.5667
Longitude
-74.9424
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
$10,418
$208,900
$160,000
$368,900
-
$208,900
$160,000
$368,900

FAQs

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