1142 Us Hwy 46Parsippany, NJ 07054

  • Retail properties
  • 2,442 SF
Off market
$820,743 Estimated

Property Details for 1142 Us Hwy 46

Year built
1974
Construction
BRICK
Lot size
0.69 AC
Property size (Sq ft)
2,442 SF
Zone code
B-2
Property type
Retail properties
Property subtype
Banks
APN
29 00717-0000-00002- 3
APU
29007170000000023

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $654,597
    6.5%
    $604,244
    7%
    $561,083
  • Comparable approach

    Method
    Valuation
    Relative Method
    $805,142
    Geo Method
    $804,061
  • Alternative Use

    Use
    Valuation
    Residential
    $509,702
    Hospitality
    $466,884
    Educational
    $388,442
    Medical
    $401,802
    Retail
    $604,244
1142 Us Hwy 46, Parsippany, New Jersey

Location Insight

City
Parsippany
County
Morris
State
New Jersey
Latitude
40.8635
Longitude
-74.3875
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $290,200
  • Assessed land value
    $388,100
  • Assessed value
    $678,300
  • Tax year
    2023
  • Tax bill
    $23,469

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