81 MainMillburn, NJ 07041

  • Retail properties
  • 0.14 AC
Off market
$321,255 Estimated

Property Details for 81 Main

Lot size
0.14 AC
Property type
Retail properties
Property subtype
Parking lots & garages
APN
12 00802-0000-00001
APU
1200802000000001

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,500,012
    6.5%
    $1,384,626
    7%
    $1,285,724
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,032,212
    Geo Method
    $2,032,212
  • Alternative Use

    Use
    Valuation
    Residential
    $1,167,984
    Hospitality
    $1,069,867
    Educational
    $890,117
    Medical
    $920,729
    Retail
    $1,384,626
81 Main, Millburn, New Jersey

Location Insight

City
Millburn
County
Essex
State
New Jersey
Latitude
40.7225
Longitude
-74.3071
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $18,900
  • Assessed land value
    $246,600
  • Assessed value
    $265,500
  • Tax year
    2023
  • Tax bill
    $5,193

FAQs

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