47 Us Hwy 1stNew Brunswick, NJ 08901

  • Turn key restaurants
  • 8,344 SF
Off market
$2,305,400 Estimated

Property Details for 47 Us Hwy 1st

Year built
1980
Lot size
1.55 AC
Property size (Sq ft)
8,344 SF
Zone code
C-5
Property type
Turn key restaurants
APN
13 00707- 04-00007- 07
APU
1300707040000707

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,578,420
    6.5%
    $1,457,000
    7%
    $1,352,930
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,133,840
    Geo Method
    $1,133,840
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,841,290
    Mixed-Use / Specialty
    $1,451,810
    Hospitality / Lodging
    $1,065,140
    Office
    $1,443,180
    Institutional / Educational
    $1,509,290
    Residential Income
    $1,765,870
    Multifamily
    $2,117,890
    Automotive / Energy
    $1,293,680
    Parking / Income-Based Land
    $446,434
    Restaurant / Food Service
    $755,096
    Healthcare / Senior Housing
    $1,488,800

Location Insight

City
New Brunswick
County
Middlesex
State
New Jersey
Latitude
40.4804
Longitude
-74.4216
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
$66,777
$1,412,500
$892,900
$2,305,400
-
$1,412,500
$892,900
$2,305,400

FAQs

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