501 GeorgeNew Brunswick, NJ 08901

  • Office properties
  • 33,251 SF
Off market
$45,661,528 Estimated

Property Details for 501 George

Construction
BRICK
Lot size
6.42 AC
Property size (Sq ft)
33,251 SF
Zone code
O-1
Property type
Office properties
Property subtype
Office buildings
APN
13 00034-0000-00001
APU
1300034000000001

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,497,384
    6.5%
    $5,074,508
    7%
    $4,712,043
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,344,576
    Geo Method
    $4,344,576
  • Alternative Use

    Use
    Valuation
    Residential
    $6,292,390
    Hospitality
    $5,763,795
    Educational
    $4,795,410
    Medical
    $4,960,332
    Retail
    $7,459,526
501 George, New Brunswick, New Jersey

Location Insight

City
New Brunswick
County
Middlesex
State
New Jersey
Latitude
40.5011
Longitude
-74.4452
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $31,316,800
  • Assessed land value
    $6,420,000
  • Assessed value
    $37,736,800
  • Tax year
    2022
  • Tax bill
    $939,269

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