51 FRONT ST
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Location
51 FRONT ST
Parcel ID
058/ 0040/ 000/ /
Owner
ASHTON MILL VENTURES LLC
Total Market Value
$35,769,100
Appraisal
$35,769,100
PID
13025
Building Count
4
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$29,786,100$5,983,000$35,769,100
Assessment
Valuation YearImprovementsLandTotal
2025$29,786,100$5,983,000$35,769,100

Owner of Record
OwnerASHTON MILL VENTURES LLC
Co-Owner
Address211 BLVD OF THE AMERICAS STE 304

LAKEWOOD, NJ 08701
Sale Price$0
Certificate
Book & Page 2013/47
Sale Date10/14/2025
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
ASHTON MILL VENTURES LLC$0 2013/470010/14/2025
ASHTON MILL VENTURES LLC ETALS$51,500,000 1943/8140210/25/2022
RIVER LOFTS AT ASHTON MILL LLC $0 1790/3710212/10/2018
FC ASHTON MILL LESSOR LLC$3,500,000 1062/02911411/14/2002
INDUSTRIAL FACTORY RENTALS CORP$0 0391/03281402/27/1989

Building Information
Building 1 : Section 1
Year Built: 1890
Living Area: 170,108
Replacement Cost: $45,082,242
Building Percent Good: 48
Replacement Cost
Less Depreciation:
$21,639,500
Building Attributes
FieldDescription
StyleApts Converted Mill
ModelComm/Ind
GradeAbove Average
Stories4
Occupancy193.00
PrimaryBrick
Exterior Wall 2 
Roof StructureFlat
Roof CoverRubber
Interior Wall 1Drywall or Plaster
Interior Wall 2 
Interior Floor 1Wood
Heating FuelGas
Building UseComm Apts
CoolingCentral
Cooling Percent100
Interior Floor 2 
Heat 1Warm Air
Frame TypeMasonry
Heat 1 Pct100
Heat 200
Heat 2 Pct0
Wall Height14.00
Baths/PlumbingAverage
Sprinkler TypeWet
Sprinkler Pct100
Ceiling/WallDW/Plaster
Rooms/PrtnAverage
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSFinished Upper Story 121,414 121,414
BASFirst Floor 48,694 48,694
FEPFin Encl Porch 7,644 0
UBMBasement 48,694 0
   226,446 170,108
Building 2 : Section 1
Year Built: 1890
Living Area: 8,904
Replacement Cost: $3,392,743
Building Percent Good: 67
Replacement Cost
Less Depreciation:
$2,273,100
Building Attributes : Bldg 2 of 4
FieldDescription
StyleApts Converted Mill
ModelComm/Ind
GradeAverage
Stories3
Occupancy 
PrimaryBrick
Exterior Wall 2 
Roof StructureFlat
Roof CoverRubber
Interior Wall 1Drywall or Plaster
Interior Wall 2 
Interior Floor 1Wood
Heating FuelGas
Building UseComm Apts
CoolingCentral
Cooling Percent100
Interior Floor 2 
Heat 1Warm Air
Frame TypeMasonry
Heat 1 Pct100
Heat 200
Heat 2 Pct0
Wall Height14.00
Baths/PlumbingAverage
Sprinkler TypeWet
Sprinkler Pct100
Ceiling/WallDW/Plaster
Rooms/Prtn0
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSFinished Upper Story 5,100 5,100
BASFirst Floor 3,804 3,804
   8,904 8,904
Building 3 : Section 1
Year Built: 1950
Living Area: 2,288
Replacement Cost: $1,286,903
Building Percent Good: 68
Replacement Cost
Less Depreciation:
$875,100
Building Attributes : Bldg 3 of 4
FieldDescription
StyleApts Converted Mill
ModelComm/Ind
GradeAve/Good
Stories2
Occupancy 
PrimaryBrick
Exterior Wall 2 
Roof StructureMansard
Roof CoverRubber
Interior Wall 1Drywall or Plaster
Interior Wall 2 
Interior Floor 1Wood
Heating FuelGas
Building UseComm Apts
CoolingCentral
Cooling Percent100
Interior Floor 2 
Heat 1Warm Air
Frame TypeMasonry
Heat 1 Pct100
Heat 200
Heat 2 Pct0
Wall Height12.00
Baths/PlumbingAverage
Sprinkler TypeWet
Sprinkler Pct100
Ceiling/WallDW/Plaster
Rooms/Prtn0
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 1,144 1,144
FUSFinished Upper Story 1,144 1,144
BSMBasement 1,144 0
   3,432 2,288
Building 4 : Section 1
Year Built: 1950
Living Area: 21,765
Replacement Cost: $8,322,255
Building Percent Good: 60
Replacement Cost
Less Depreciation:
$4,993,400
Building Attributes : Bldg 4 of 4
FieldDescription
StyleApts Converted Mill
ModelComm/Ind
GradeAve/Good
Stories3
Occupancy 
PrimaryBrick
Exterior Wall 2 
Roof StructureMansard
Roof CoverTar and Gravel
Interior Wall 1Drywall or Plaster
Interior Wall 2 
Interior Floor 1Wood
Heating FuelGas
Building UseComm Apts
CoolingCentral
Cooling Percent100
Interior Floor 2 
Heat 1Warm Air
Frame TypeMasonry
Heat 1 Pct100
Heat 2None
Heat 2 Pct0
Wall Height14.00
Baths/PlumbingAverage
Sprinkler TypeWet
Sprinkler Pct100
Ceiling/WallDW/Plaster
Rooms/PrtnAverage
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 7,505 7,505
FUSFinished Upper Story 7,505 7,505
TQSThree Quarter Story 7,505 6,755
UBMBasement 7,505 0
   30,020 21,765

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
ELEVElevtr Stops5.00 STOPS$01
ELEVElevtr Stops5.00 STOPS$01

Land
Land Use
Use Code814
DescriptionComm Apts  
Zone0060
Neighborhood
Alt Land ApprNo
Category
Land Line Valuation
Size (Buildable Lot)193.0000
Frontage
Depth
Total Market Land$5,983,000
Appraised Value$5,983,000

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
EQPMEquipment ShedCNConcrete2.00 UNITS$5,0001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$29,786,100$5,983,000$35,769,100
2024$21,657,900$5,404,000$27,061,900
2023$21,657,900$5,404,000$27,061,900

Assessment
Valuation YearImprovementsLandTotal
2025$29,786,100$5,983,000$35,769,100
2024$21,657,900$5,404,000$27,061,900
2023$21,657,900$5,404,000$27,061,900

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