17 DivisionSouth River, NJ 08882

  • Commercial real estate
  • 3,144 SF
Off market
$5,334,160 Estimated

Property Details for 17 Division

Year built
1979
Lot size
0.53 AC
Property size (Sq ft)
3,144 SF
Property type
Commercial real estate
APN
23 00344-0000-00001- 01
APU
230034400000000101

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $589,103
    6.5%
    $543,788
    7%
    $504,946
  • Comparable approach

    Method
    Valuation
    Relative Method
    $410,795
    Geo Method
    $410,795
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,070,590
    Retail / Commercial
    $548,995
    Mixed-Use / Specialty
    $547,038
    Hospitality / Lodging
    $401,344
    Office
    $543,788
    Institutional / Educational
    $568,699
    Residential Income
    $665,377
    Multifamily
    $798,018
    Automotive / Energy
    $487,456
    Parking / Income-Based Land
    $168,215
    Restaurant / Food Service
    $284,518
    Healthcare / Senior Housing
    $560,977

Location Insight

City
South River
County
Middlesex
State
New Jersey
Latitude
40.4449
Longitude
-74.3783
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
$10,992
$223,700
$229,000
$452,700
-
$223,700
$229,000
$452,700

FAQs

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