26 BELDEN AVE
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Location
26 BELDEN AVE
Mblu
1/ 36/ 50/ 0/
Acct#
30249
Owner
RK NORWALK LLC 18% &
Assessment
$53,894,410
Appraisal
$76,992,020
PID
30249
Building Count
2
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2018$71,371,220$5,620,800$76,992,020
Assessment
Valuation YearImprovementsLandTotal
2018$49,959,850$3,934,560$53,894,410

Owner of Record
OwnerRK NORWALK LLC 18% &
Co-OwnerLIVING NORWALK LLC 82%
Address36 AIRPORT RD SUITE 307

LAKEWOOD , NJ 08701-0000
Sale Price$103,000,000
Certificate
Book & Page 9243/122
Sale Date05/17/2021
Instrument0

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
RK NORWALK LLC 18% &$103,000,000 9243/122005/17/2021
AVALONBAY COMMUNITIES INC$9,840,2506843-2056843/205 07/17/2008
RITZ REALTY CORP$0 3583/3021409/17/1998

Building Information
Building 1 : Section 1
Year Built: 2010
Living Area: 264,106
Replacement Cost: $58,568,386
Building Percent Good: 92
Replacement Cost
Less Depreciation:

$53,882,920
Building Attributes
FieldDescription
Style:Apartments
Model:Commercial
GradeA+
Stories:5.00
Occupancy183.00
Exterior Wall 1Brick Veneer
Exterior Wall 2Vinyl Siding
Roof StructureHip
Roof CoverAsphalt Shingl
Interior Wall 1Drywall
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Laminate Flr
Heating FuelGas
Heating TypeForced Air
AC Percent100
Heat Percent100
Bldg UseCommercial Improved
Total Rooms605
Bedrooms245
Full Baths245
Half Baths50
Extra Fixtures0
FBM Area 
Heat/ACHeat/AC Pkg
FrameWood
PlumbingAverage
FoundationPoured Conc
PartitionsAverage
Wall Height9.00
% Sprinkler100.00
# of Heat Systems185
InsulationTypical
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
FUSFinished Upper Story 198,056 198,056
BASFirst Floor 66,050 66,050
FOPFramed Open Porch 8,640 0
PGAParking Garage above Grade 66,050 0
   338,796 264,106
Building 2 : Section 1
Year Built: 2010
Living Area: 178,230
Replacement Cost: $41,404,103
Building Percent Good: 92
Replacement Cost
Less Depreciation:

$38,091,770
Building Attributes : Bldg 2 of 2
FieldDescription
Style:Apartments
Model:Commercial
GradeA+
Stories:5.00
Occupancy131.00
Exterior Wall 1Brick Veneer
Exterior Wall 2Vinyl Siding
Roof StructureGable
Roof CoverAsphalt Shingl
Interior Wall 1Drywall
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Laminate Flr
Heating FuelGas
Heating TypeForced Air
AC Percent100
Heat Percent0
Bldg UseCommercial Improved
Total Rooms455
Bedrooms193
Full Baths187
Half Baths0
Extra Fixtures6
FBM Area 
Heat/ACHeat/AC Pkg
FrameWood
PlumbingAverage
FoundationPoured Conc
PartitionsAverage
Wall Height9.00
% Sprinkler100.00
# of Heat Systems 
InsulationTypical
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
FUSFinished Upper Story 142,584 142,584
BASFirst Floor 35,646 35,646
FGRGarage 8,580 0
FOPFramed Open Porch 6,288 0
PGAParking Garage above Grade 66,978 0
   260,076 178,230

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPRSprinklers346893.00 S.F.$1,561,0201
SPRSprinklers82697.00 S.F.$520,9901
ELV1Commercial1.00 STOP$45,0001
SPRSprinklers256560.00 S.F.$1,154,5202
SPRSprinklers90768.00 S.F.$571,8402
ELV1Commercial1.00 STOP$45,0002

Land
Land Use
Use Code108C
DescriptionApartments - Com  
ZoneCBDB
NeighborhoodC440
Land Line Valuation
Size (Acres)4.44
Frontage
Depth
Assessed Value$3,934,560
Appraised Value$5,620,800

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
SPL1InGround PoolFGFiberglass1200.00 S.F.$33,0001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2020$71,371,220$5,620,800$76,992,020
2019$71,371,220$5,620,800$76,992,020
2018$71,371,220$5,620,800$76,992,020

Assessment
Valuation YearImprovementsLandTotal
2020$49,959,850$3,934,560$53,894,410
2019$49,959,850$3,934,560$53,894,410
2018$49,959,850$3,934,560$53,894,410

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