502 SOUTH ST
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Location
502 SOUTH ST
Mblu
33/ / 102/ /
Acct#
0082074
Owner
DELAROSA AT PARKVIEW LLC
Assessment
$2,250,080
Appraisal
$3,214,400
PID
1916
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$2,518,400$696,000$3,214,400
Assessment
Valuation YearImprovementsLandTotal
2025$1,762,880$487,200$2,250,080

Owner of Record
OwnerDELAROSA AT PARKVIEW LLC
Co-OwnerC/O DELAROSA ASSET MANAGMENT LLC
Address1603 AUGUSTA CIRCLE
MT LAUREL, NJ 08054
Sale Price$2,600,000
Certificate
Book & Page 1903/0332
Sale Date06/28/2012
InstrumentQ

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
DELAROSA AT PARKVIEW LLC$2,600,000 1903/0332Q06/28/2012
TAYMIL PARKVIEW LLC$2,004,00011576/12200008/10/2004
PARKVIEW LLC$0 1263/0295 09/21/1998

Building Information
Building 1 : Section 1
Year Built: 1965
Living Area: 47,672
Replacement Cost: $4,069,209
Building Percent Good: 58
Replacement Cost
Less Depreciation:
$2,360,100
Building Attributes
FieldDescription
StyleApartments
ModelComm/Ind
GradeC
Stories:4
Occupancy50.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverT+G/Rubber
Interior Wall 1Drywall/Sheetr
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelPropane Gas
Heating TypeHot Water
AC TypeUnit/AC
Bldg UseApartments
Bedrooms64
Full Baths48
Half Baths 
1st Floor Use: 
Heat/ACNone
Frame TypeMasonry
Baths/PlumbingAverage
Ceiling/WallCeil & Walls
Rooms/PrtnsAverage
Wall Height9.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 35,583 35,583
BASFirst Floor 12,089 12,089
CANCanopy 266 0
CRLCrawl space 5,471 0
UBMBasement, Unfinished 6,390 0
   59,799 47,672

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
ELEVElevator5.00 Units$134,4001

Land
Land Use
Use Code112
DescriptionApartments  
ZoneA
Neighborhood
Alt Land ApprNo
Category
Land Line Valuation
Size (Buildable Lot)48.0000
Frontage0
Depth
Total Market Land$487,200
Appraised Value$696,000

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1Paving Asph.  21200.00 S.F.$23,9001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$2,518,400$696,000$3,214,400
2024$2,518,400$696,000$3,214,400
2023$2,518,400$696,000$3,214,400

Assessment
Valuation YearImprovementsLandTotal
2025$1,762,880$487,200$2,250,080
2024$1,762,880$487,200$2,250,080
2023$1,762,880$487,200$2,250,080

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