RutgersSomerset, NJ 08873

  • Residential income properties
  • 22.36 AC
Off market

Property Details for Rutgers

Lot size
22.36 AC
Zone code
PAC
Property type
Residential income properties
Property subtype
Residential income homes
APN
08 00516- 01-00004- 16
APU
800516010000416

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $199,634,528
    6.5%
    $184,278,016
    7%
    $171,115,312
  • Comparable approach

    Method
    Valuation
    Relative Method
    $197,213,664
    Geo Method
    $197,213,664
  • Alternative Use

    Use
    Valuation
    Residential
    $184,278,016
    Hospitality
    $168,797,680
    Educational
    $140,437,680
    Medical
    $145,267,552
    Retail
    $218,458,624
Rutgers, Somerset, New Jersey

Location Insight

City
Somerset
County
Somerset
State
New Jersey
Latitude
40.467
Longitude
-74.4991
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $61,100,000
  • Assessed land value
    $6,200,000
  • Assessed value
    $67,300,000
  • Tax year
    2022
  • Tax bill
    $1,357,308

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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