506 WarrenSpring Lake, NJ 07762

  • Hospitality properties
  • 2,140 SF
Off market
$1,733,688 Estimated

Property Details for 506 Warren

Year built
1910
Construction
FRAME
Lot size
0.20 AC
Property size (Sq ft)
2,140 SF
Property type
Hospitality properties
Property subtype
Bed & breakfasts
APN
47 00062-0000-00018
APU
4700062000000018

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $449,306
    6.5%
    $414,744
    7%
    $385,119
  • Comparable approach

    Method
    Valuation
    Relative Method
    $657,089
    Geo Method
    $657,089
  • Alternative Use

    Use
    Valuation
    Residential
    $452,780
    Hospitality
    $414,744
    Educational
    $345,062
    Medical
    $356,929
    Retail
    $536,763
506 Warren, Spring Lake, New Jersey

Location Insight

City
Spring Lake
County
Monmouth
State
New Jersey
Latitude
40.1516
Longitude
-74.0338
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $365,700
  • Assessed land value
    $1,067,100
  • Assessed value
    $1,432,800
  • Tax year
    2023
  • Tax bill
    $6,853

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