1350 EastonSomerset, NJ 08873

  • Residential income properties
  • 16,397 SF
Off market

Property Details for 1350 Easton

Year built
2012
Lot size
41.98 AC
Property size (Sq ft)
16,397 SF
Zone code
R20
Property type
Residential income properties
Property subtype
Residential income homes
APN
08 00424- 01-00039- 07
APU
800424010003907

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,361,533
    6.5%
    $3,102,954
    7%
    $2,881,314
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,320,770
    Geo Method
    $3,320,770
  • Alternative Use

    Use
    Valuation
    Residential
    $3,102,954
    Hospitality
    $2,842,289
    Educational
    $2,364,751
    Medical
    $2,446,078
    Retail
    $3,678,502
1350 Easton, Somerset, New Jersey

Location Insight

City
Somerset
County
Somerset
State
New Jersey
Latitude
40.5226
Longitude
-74.4976
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $79,800,000
  • Assessed land value
    $19,200,000
  • Assessed value
    $99,000,000
  • Tax year
    2022
  • Tax bill
    $1,956,480

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