1130 Us Hwy 202Raritan, NJ 08869

  • Office properties
  • 1,600 SF
Off market
$286,770 Estimated

Property Details for 1130 Us Hwy 202

Year built
1970
Property size (Sq ft)
1,600 SF
Property type
Office properties
Property subtype
Other office properties
APN
16 00002-0000-00023-0000-C00B7
APU
16000020000000230000C00B7

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $264,528
    6.5%
    $244,180
    7%
    $226,738
  • Comparable approach

    Method
    Valuation
    Relative Method
    $209,056
    Geo Method
    $209,056
  • Alternative Use

    Use
    Valuation
    Residential
    $302,783
    Hospitality
    $277,347
    Educational
    $230,750
    Medical
    $238,685
    Retail
    $358,944
1130 Us Hwy 202, Raritan, New Jersey

Location Insight

City
Raritan
County
Somerset
State
New Jersey
Latitude
40.5752
Longitude
-74.6575
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $197,000
  • Assessed land value
    $40,000
  • Assessed value
    $237,000
  • Tax year
    2023
  • Tax bill
    $6,747

FAQs

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