517 Us Hwy 1stIselin, NJ 08830

  • Office properties
  • 8,828 SF
Off market
$5,166,700 Estimated

Property Details for 517 Us Hwy 1st

Year built
1987
Lot size
5.97 AC
Property size (Sq ft)
8,828 SF
Property type
Office properties
Property subtype
Office buildings
APN
25 00369-0000-00100- 021
APU
2500369000000100021

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,459,532
    6.5%
    $1,347,260
    7%
    $1,251,028
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,153,466
    Geo Method
    $1,153,466
  • Alternative Use

    Use
    Valuation
    Residential
    $1,670,603
    Hospitality
    $1,530,263
    Educational
    $1,273,161
    Medical
    $1,316,947
    Retail
    $1,980,473
517 Us Hwy 1st, Iselin, New Jersey

Location Insight

City
Iselin
County
Middlesex
State
New Jersey
Latitude
40.558
Longitude
-74.3107
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $3,076,000
  • Assessed land value
    $1,194,000
  • Assessed value
    $4,270,000
  • Tax year
    2022
  • Tax bill
    $516,859

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