40 JULIO DR
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Location
40 JULIO DR
Mblu
22/ 471000/ / /
Acct#
3214
Owner
40 JULIO DRIVE REALTY LLC
Total Market Value
$3,028,800
PID
3214
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$2,242,200$786,600$3,028,800

Owner of Record
Owner40 JULIO DRIVE REALTY LLC
Co-Owner
Address1999 CEDARBRIDGE AVE
SUITE 1A
LAKEWOOD , NJ 08701
Sale Price$4,000,000
Certificate
Book & Page 70485/166
Sale Date05/08/2024
Instrument1C

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
40 JULIO DRIVE REALTY LLC$4,000,000 70485/1661C05/08/2024
SHREWSBURY NURSING & REHABILITATION CENT$0 4853/04010105/28/1968

Building Information
Building 1 : Section 1
Year Built: 1969
Living Area: 38,321
Replacement Cost: $4,260,750
Building Percent Good: 50
Replacement Cost
Less Depreciation:
$2,130,400
Building Attributes
FieldDescription
StyleNursing Home
ModelCommercial
Grade 
Stories2
Occupancy123.00
Exterior Wall 1Brick Veneer
Exterior Wall 2Vinyl
Roof StructureGable
Roof CoverAsphalt Shing
Interior Wall 1Drywall
Interior Wall 2 
Interior Flr 1Carpet
Interior Flr 2Vinyl Tile
Heating FuelOil
Heat TypeFHW BB
AC Pct100
Heat Pct100
Bldg UseNursing Hm
Total Rooms123
Bedrooms123
Full Baths3
Half Baths37
Xtra Fixtures11
1st Floor Use 
Elevators1
FrameWood
PlumbingAverage
FoundationPoured Conc
PartitionsAverage
Wall Height12.00
% Sprinkler100.00
Kitchen 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 25,398 25,398
FUSFinished Upper Story 12,923 12,923
PTOPatio 5,056 0
   43,377 38,321

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
ELV1Elevator-Pass2.00 STOPS$50,0001
KITKitchen3.00 UNITS$01

Land
Land Use
Use Code3040
DescriptionNursing Hm  
ZoneRB1
NeighborhoodC7
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)3.05
Frontage
Depth
Total Market Land$786,600

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1Paving - Asphalt  31291.00 UNITS$61,8001
OTHOther Bldg  100.00 UNITS$01
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$2,152,800$734,700$2,887,500
2024$2,152,800$655,000$2,807,800
2023$2,236,600$655,000$2,891,600

Regarding Parcel: Mblu : 22/ 471000/ / / Location : 40 JULIO DR

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