1288 Us Hwy 22Bridgewater, NJ 08807

Property Details for 1288 Us Hwy 22

Lot size

3.29 AC

Property type

Retail properties

Property subtype

Parking lots & garages

APN

06 00222-0000-00006- 01-C02

APU

060022200000000601C02

• CAP approach

  CAP return

  Valuation

  6%

  $34,840,512

  6.5%

  $32,160,472

  7%

  $29,863,296

• Comparable approach

  Method

  Valuation

  Relative Method

  $47,201,856

  Geo Method

  $47,201,856

• Alternative Use

  Use

  Valuation

  Residential

  $27,128,562

  Hospitality

  $24,849,618

  Educational

  $20,674,590

  Medical

  $21,385,620

  Retail

  $32,160,472

Location Insight

City

Bridgewater

County

Somerset

State

New Jersey

Latitude

40.5771

Longitude

-74.5798

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

• Assessed Improved Value
  $84,600
• Assessed land value
  $1,993,700
• Assessed value
  $2,078,300
• Tax year
  2022
• Tax bill
  $43,353

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