132 FAIRGROUNDS ROAD
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Location
132 FAIRGROUNDS ROAD
Map and Lot
21-3/ 9/ / /
Acct#
R-60-6001-98
Owner
132 FAIRGROUNDS LLC
Total Market Value
$7,700,000
Appraisal
$7,700,000
PID
592
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2024$3,768,400$3,931,600$7,700,000
Assessment
Valuation YearImprovementsLandTotal
2024$3,768,400$3,931,600$7,700,000

Owner of Record
Owner132 FAIRGROUNDS LLC
Co-Owner
Address51 DEFOREST AVE
SUMMIT, NJ 07901
Sale Price$7,500,000
Certificate
Book & Page 1863/133
Sale Date08/21/2023
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
SCHNEIDER ELECTRIC IT$0 1627/0262 11/30/2016
SCHNEIDER ELECTRIC IT$0 0000/0000 12/07/2012
APC AMERICA INC$010653/0491 02/18/1997
FROM ADMIN$0 0611/0035 12/29/1995

Building Information
Building 1 : Section 1
Year Built: 1973
Living Area: 282,537
Replacement Cost: $30,651,576
Building Percent Good: 25
Replacement Cost
Less Depreciation:
$7,662,900
Building Attributes
FieldDescription
Style:Industr/Office
ModelInd/Open Com
GradeAverage
Stories:2
Occupancy2.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2Pre-finsh Metl
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Minim/Masonry
Interior Wall 2Drywall/Sheet
Interior Floor 1Vinyl/Asphalt
Interior Floor 2Concr-Finished
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseINDUSTRL M-96
Total Rooms 
Total Bedrms00
Total Baths0
Design/Appeal 
1st Floor Use:4000
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height16.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
AOFOffice, (Average) 177,114 177,114
BASFirst Floor 105,423 105,423
FOPPorch, Open, Finished 3,460 0
PTOPatio 5,040 0
   291,037 282,537

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR2WET/CONCEALED260039.00 S.F.$97,5001

Land
Land Use
Use Code4000
DescriptionINDUSTRL M-96  
ZoneIND1
NeighborhoodT
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)20.22
Frontage
Depth
Total Market Land$3,931,600
Appraised Value$3,931,600

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
SHD6COMM MASNRY  336.00 S.F.$4,2001
SHD6COMM MASNRY  460.00 S.F.$5,8001
SHD1SHED FRAME  192.00 S.F.$1,2001
SHD1SHED FRAME  240.00 S.F.$1,4001
PAV1PAVING-ASPHALT  31580.00 S.F.$47,4001
FN3FENCE-6' CHAIN  3000.00 L.F.$21,0001
LT10W/DOUBLE LIGHT  20.00 UNITS$31,0001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$3,768,400$3,931,600$7,700,000
2024$3,768,400$3,931,600$7,700,000
2024$3,768,400$3,931,600$7,700,000
2023$8,537,900$3,290,800$11,828,700

Assessment
Valuation YearImprovementsLandTotal
2025$3,768,400$3,931,600$7,700,000
2024$3,768,400$3,931,600$7,700,000
2024$3,768,400$3,931,600$7,700,000
2023$8,537,900$3,290,800$11,828,700

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