35 JULIO DR
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Location
35 JULIO DR
Mblu
23/ 124000/ / /
Acct#
3935
Owner
SOUTHGATE REALTY LLC
Total Market Value
$9,663,100
PID
3935
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$8,296,200$1,366,900$9,663,100

Owner of Record
OwnerSOUTHGATE REALTY LLC
Co-Owner
Address1999 CEDARBRIDGE AVE
SUITE 1A
LAKEWOOD , NJ 08701
Sale Price$24,608,000
Certificate
Book & Page 70488/174
Sale Date05/09/2024
Instrument1V

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
SOUTHGATE REALTY LLC$24,608,000 70488/1741V05/09/2024
SOUTHGATE AT SHREWSBURY INC$150,000 10102/00980112/30/1986

Building Information
Building 1 : Section 1
Year Built: 1987
Living Area: 107,620
Replacement Cost: $14,073,495
Building Percent Good: 56
Replacement Cost
Less Depreciation:
$7,881,200
Building Attributes
FieldDescription
StyleALF
ModelCommercial
Grade 
Stories4.00
Occupancy87.00
Exterior Wall 1Brick Veneer
Exterior Wall 2 
Roof StructureFlat
Roof CoverRubber Memb
Interior Wall 1Drywall
Interior Wall 2 
Interior Flr 1Carpet
Interior Flr 2 
Heating FuelNat Gas
Heat TypeFHA Duct
AC Pct100
Heat Pct100
Bldg UseOthr Liv F
Total Rooms348
Bedrooms174
Full Baths87
Half Baths0
Xtra Fixtures0
1st Floor Use 
Elevators0
FrameMasonry
PlumbingAverage
FoundationPoured Conc
PartitionsAverage
Wall Height10.00
% Sprinkler100.00
Kitchen 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSFinished Upper Story 71,988 71,988
BASFirst Floor 35,632 35,632
FEPFinished Enclosed Porch 624 0
FOPOpen Porch 1,118 0
   109,362 107,620

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
ELV1Elevator-Pass12.00 STOPS$336,0001
KITKitchen87.00 UNITS$01

Land
Land Use
Use Code1250
DescriptionOthr Liv F  
ZoneRB1
NeighborhoodC7
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)5.3
Frontage
Depth
Total Market Land$1,366,900

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1Paving - Asphalt  40000.00 UNITS$79,0001
Valuation History
Assessment
Valuation YearImprovementsLandTotal
2025$7,466,200$1,276,800$8,743,000
2024$7,191,200$1,117,100$8,308,300
2023$7,110,300$1,117,100$8,227,400

Regarding Parcel: Mblu : 23/ 124000/ / / Location : 35 JULIO DR

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