50 WALLACE RD
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Location
50 WALLACE RD
Mblu
K10/000 002/ 00020/ /
Acct#
007904
Owner
TOWER HORACE L III TRUSTEE
Total Market Value
$844,600
Appraisal
$1,206,500
PID
12345
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2024$576,000$630,500$1,206,500
Assessment
Valuation YearImprovementsLandTotal
2024$403,300$441,300$844,600

Owner of Record
OwnerTOWER HORACE L III TRUSTEE
Co-OwnerNJ2-130-03-38
AddressPO BOX 1557
PENNINGTON, NJ 08534
Sale Price$0
Certificate
Book & Page 1023/0998
Sale Date11/14/2008
Instrument1

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
TOWER HORACE L III TRUSTEE$0 1023/0998111/14/2008
TOWER HORACE L$0 1023/09941011/13/2008
TOWER ELIZABETH$0 0435/0522 09/08/1987

Building Information
Building 1 : Section 1
Year Built: 1987
Living Area: 2,955
Building Attributes
FieldDescription
Style:Contemporary
ModelResidential
Grade:B
Stories:1 1/4 Stories
Occupancy1
Exterior Wall 1Wood on Sheath
Exterior Wall 2 
Roof Structure:Gable/Hip
Roof CoverArchitectural Shing
Interior Wall 1Drywall
Interior Wall 2 
Interior Flr 1Hardwood
Interior Flr 2 
Heat FuelOil
Heat Type:Forced Air-Duc
AC Type:Heat Pump
Total Bedrooms:3 Bedrooms
Total Bthrms:3
Total Half Baths:0
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 2,532 2,532
FHSHalf Story, Finished 604 423
CRLCrawl Space 2,169 0
FGRGarage 604 0
ULLUnfin Lower Level 289 0
WDKDeck, Wood 862 0
   7,060 2,955

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
FPLFIREPLACE1.00 UNITS$2,5001

Parcel Information
Use Code1010
DescriptionSingle Fam MDL01  
Deeded Acres

Land
Land Use
Use Code1010
DescriptionSingle Fam MDL01  
ZoneR-3
Land Line Valuation
Size (Acres)3.29
Total Market Land$441,300
Appraised Value$630,500

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
FGR8GAR FINISH UPPER  672.00 S.F.$68,5001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$576,000$630,500$1,206,500
2024$576,000$630,500$1,206,500
2023$360,500$430,000$790,500

Assessment
Valuation YearImprovementsLandTotal
2025$403,300$441,300$844,600
2024$403,300$441,300$844,600
2023$252,300$301,000$553,300

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