245 LittletonMorris Plains, NJ 07950

  • Retail properties
  • 8.80 AC
For Lease

Property Details for 245 Littleton

Lot size
8.80 AC
Zone code
L
Property type
Retail properties
Property subtype
Grocery and convenience stores
APN
23 00171-0000-00046
APU
2300171000000046

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $102,790,520
    6.5%
    $94,883,552
    7%
    $88,106,160
  • Comparable approach

    Method
    Valuation
    Relative Method
    $126,386,216
    Geo Method
    $126,215,800
  • Alternative Use

    Use
    Valuation
    Residential
    $80,037,824
    Hospitality
    $73,314,216
    Educational
    $60,996,572
    Medical
    $63,094,336
    Retail
    $94,883,552
245 Littleton, Morris Plains, New Jersey

Location Insight

City
Morris Plains
County
Morris
State
New Jersey
Latitude
40.8422
Longitude
-74.4636
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $8,250,000
  • Assessed land value
    $6,750,000
  • Assessed value
    $15,000,000
  • Tax year
    2022
  • Tax bill
    $371,850

FAQs

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