31 ObertSouth River, NJ 08882

  • Residential income homes
  • 3,016 SF
Off market
$510,400 Estimated

Property Details for 31 Obert

Year built
1945
Lot size
0.34 AC
Property size (Sq ft)
3,016 SF
Property type
Residential income homes
Property subtype
Small apartment buildings
APN
23 00158-0000-00021
APU
2300158000000021

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $691,479
    6.5%
    $638,288
    7%
    $592,696
  • Comparable approach

    Method
    Valuation
    Relative Method
    $461,063
    Geo Method
    $461,063
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,027,010
    Retail / Commercial
    $526,644
    Mixed-Use / Specialty
    $524,766
    Hospitality / Lodging
    $385,004
    Office
    $521,649
    Institutional / Educational
    $545,546
    Multifamily
    $765,528
    Automotive / Energy
    $467,610
    Parking / Income-Based Land
    $161,367
    Restaurant / Food Service
    $272,935
    Healthcare / Senior Housing
    $538,138

Location Insight

City
South River
County
Middlesex
State
New Jersey
Latitude
40.4497
Longitude
-74.3789
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
$12,393
$109,100
$401,300
$510,400
-
$109,100
$401,300
$510,400

FAQs

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