1124 Us Hwy 202nd Ste A8Raritan, NJ 08869

  • Office properties
  • 1,269 SF
Off market
$208,362 Estimated

Property Details for 1124 Us Hwy 202nd Ste A8

Year built
1979
Property size (Sq ft)
1,269 SF
Zone code
P-1
Property type
Office properties
Property subtype
Other office properties
APN
16 00002-0000-00020-0000-C0118
APU
16000020000000200000C0118

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $209,804
    6.5%
    $193,665
    7%
    $179,832
  • Comparable approach

    Method
    Valuation
    Relative Method
    $165,808
    Geo Method
    $165,808
  • Alternative Use

    Use
    Valuation
    Residential
    $240,144
    Hospitality
    $219,971
    Educational
    $183,013
    Medical
    $189,307
    Retail
    $284,687
1124 Us Hwy 202nd Ste A8, Raritan, New Jersey

Location Insight

City
Raritan
County
Somerset
State
New Jersey
Latitude
40.5747
Longitude
-74.6552
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $132,200
  • Assessed land value
    $40,000
  • Assessed value
    $172,200
  • Tax year
    2022
  • Tax bill
    $4,763

FAQs

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