231 Main StFort Lee, NJ 07024

  • Office properties
  • 7,790 SF
Off market
$11,944,636 Estimated

Property Details for 231 Main St

Year built
2019
Lot size
5.77 AC
Property size (Sq ft)
7,790 SF
Zone code
C1
Property type
Office properties
Property subtype
Other office properties
APN
19 04751-0000-00002-0000-C0001
APU
19047510000000020000C0001

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,287,920
    6.5%
    $1,188,849
    7%
    $1,103,931
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,017,841
    Geo Method
    $1,017,841
  • Alternative Use

    Use
    Valuation
    Residential
    $1,474,173
    Hospitality
    $1,350,334
    Educational
    $1,123,462
    Medical
    $1,162,100
    Retail
    $1,747,608
231 Main St, Fort Lee, New Jersey

Location Insight

City
Fort Lee
County
Bergen
State
New Jersey
Latitude
40.8516
Longitude
-73.9712
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $5,108,000
  • Assessed land value
    $4,763,600
  • Assessed value
    $9,871,600
  • Tax year
    2022

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