257 SpeedwellMorris Plains, NJ 07950

  • Retail properties
  • 128 SF
Off market
$590,964 Estimated

Property Details for 257 Speedwell

Year built
1986
Construction
TYPE NOT SPECIFIED
Lot size
0.18 AC
Property size (Sq ft)
128 SF
Zone code
B-11
Property type
Retail properties
Property subtype
Gas stations
APN
22 10501-0000-00001
APU
2210501000000001

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $34,323
    6.5%
    $31,683
    7%
    $29,420
  • Comparable approach

    Method
    Valuation
    Relative Method
    $42,203
    Geo Method
    $42,146
  • Alternative Use

    Use
    Valuation
    Residential
    $26,726
    Hospitality
    $24,481
    Educational
    $20,368
    Medical
    $21,068
    Retail
    $31,683
257 Speedwell, Morris Plains, New Jersey

Location Insight

City
Morris Plains
County
Morris
State
New Jersey
Latitude
40.8217
Longitude
-74.4812
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $156,400
  • Assessed land value
    $332,000
  • Assessed value
    $488,400
  • Tax year
    2022
  • Tax bill
    $9,538

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