272 State Rt 5thFort Lee, NJ 07024

  • Office properties
  • 2,687 SF
Off market
$692,725 Estimated

Property Details for 272 State Rt 5th

Year built
1955
Lot size
0.11 AC
Property size (Sq ft)
2,687 SF
Zone code
R2
Property type
Office properties
Property subtype
Office buildings
APN
19 01254-0000-00007
APU
1901254000000007

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $444,241
    6.5%
    $410,069
    7%
    $380,778
  • Comparable approach

    Method
    Valuation
    Relative Method
    $351,083
    Geo Method
    $351,083
  • Alternative Use

    Use
    Valuation
    Residential
    $508,486
    Hospitality
    $465,770
    Educational
    $387,515
    Medical
    $400,842
    Retail
    $602,801
272 State Rt 5th, Fort Lee, New Jersey

Location Insight

City
Fort Lee
County
Bergen
State
New Jersey
Latitude
40.8384
Longitude
-73.981
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $102,100
  • Assessed land value
    $470,400
  • Assessed value
    $572,500
  • Tax year
    2022
  • Tax bill
    $14,215

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