116 FranklinBelleville, NJ 07109

  • Residential income properties
  • 4,125 SF
Off market
$614,075 Estimated

Property Details for 116 Franklin

Year built
1917
Construction
FRAME
Lot size
0.09 AC
Property size (Sq ft)
4,125 SF
Property type
Residential income properties
Property subtype
Residential income homes
APN
01 01404-0000-00028
APU
101404000000028

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $845,662
    6.5%
    $780,611
    7%
    $724,853
  • Comparable approach

    Method
    Valuation
    Relative Method
    $835,407
    Geo Method
    $835,407
  • Alternative Use

    Use
    Valuation
    Residential
    $780,611
    Hospitality
    $715,036
    Educational
    $594,901
    Medical
    $615,361
    Retail
    $925,402
116 Franklin, Belleville, New Jersey

Location Insight

City
Belleville
County
Essex
State
New Jersey
Latitude
40.7812
Longitude
-74.1807
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $297,500
  • Assessed land value
    $210,000
  • Assessed value
    $507,500
  • Tax year
    2022
  • Tax bill
    $19,544

FAQs

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