864 Njsh 22ePlainfield, NJ 07060

  • Retail properties
  • 0.48 AC
Off market
$786,500 Estimated

Property Details for 864 Njsh 22e

Year built
1952
Construction
BRICK
Lot size
0.48 AC
Property type
Retail properties
Property subtype
Turn key restaurants
APN
14 00118-0000-00001
APU
1400118000000001

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,102,518
    6.5%
    $4,710,016
    7%
    $4,373,587
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,912,881
    Geo Method
    $6,912,881
  • Alternative Use

    Use
    Valuation
    Residential
    $3,973,075
    Hospitality
    $3,639,316
    Educational
    $3,027,868
    Medical
    $3,132,001
    Retail
    $4,710,016
864 Njsh 22e, Plainfield, New Jersey

Location Insight

City
Plainfield
County
Somerset
State
New Jersey
Latitude
40.6236
Longitude
-74.4436
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $271,900
  • Assessed land value
    $378,100
  • Assessed value
    $650,000
  • Tax year
    2023
  • Tax bill
    $27,619

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