Institutional · 13,840 sq ft
7959 Route 116
Five Rivers
Property assessment 2026
$2,400
We do not estimate the market value of a property of type “Institutional”. Our model learns from residential transactions, and the value of such a property depends mainly on the income it generates.
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Sales history
No sale of this property has been recorded on the assessment roll since 2009.
Source: sales recorded on the assessment roll by Service New Brunswick since 2009. Transfers of $1 or less and bulk sales of several properties are excluded: their price says nothing about this property alone.
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Surroundings and accessibility
Limited wired service in the areaBased on ISED data for the area. Actual service varies by provider.
Description
This institutional is located at 7959 Route 116, in Five Rivers. The 2026 property assessment sets its value at $2,400, an increase of 4.4% since the previous roll. The lot measures 13,840 sq ft.
The property
- Type
- Institutional
- Lot area
- 13,840 sq ft · 1,285.8 m²
- Account number
- 02475675
Financial details
Assessment roll 2026
Total assessment$2,400
- Previous roll
- $2,300
Change+4.4%
Neighbourhood profile
2021 Census · Statistics CanadaThe immediate neighbourhood of the property (census dissemination area, about 400 to 700 residents), not all of Five Rivers.
Population of the immediate area
425
1 people/km²
Median age
52 years
11.9% aged 0 to 14
Median after-tax income
$46,800
25% lower than in New Brunswick
Homeowners
94.7%
195 private households
Data from Statistics Canada’s 2021 Census, aggregated for the property’s statistical area (dissemination area) and not for the property itself. The bar shows the difference from the New Brunswick average. Values suppressed for confidentiality reasons are not shown.
Other properties on Route 116
See the whole street →Five Rivers has 61 properties classified as institutional on the property assessment roll.
7950
7950 Route 116
Single-family homeAssessed value$150,700
7950
7950 Route 116
Commercial or industrialAssessed value$84,800
8029
8029 Route 116
Single-family homeEstimate$457,000
7852
7852 Route 116
Single-family homeAssessed value$187,600
7847
7847 Route 116
Single-family homeAssessed value$119,000
7840
7840 Route 116
Single-family homeAssessed value$86,100
Data transparency
Public data
Service New Brunswick 2026 property assessment roll: values, property tax and sales. Contains information licensed under the Open Government Licence – New Brunswick.
Other sources
Statistics Canada, under the Statistics Canada Open Licence: National Address Register, Open Database of Buildings, Open Database of Educational Facilities, 2021 Census. Internet: Innovation, Science and Economic Development Canada (ISED). Public transit: GTFS feeds from Codiac Transpo, Saint John Transit, Fredericton Transit and Miramichi Transit.
Ubeestimate™ valuation
Statistical model adjusted for the local market, the building’s characteristics and the neighbourhood context. The property is assumed to be in standard condition.
Disclaimer
These estimates do not replace a professional appraisal and are not binding on Ubeestimate™.