5 INDUSTRIAL RD
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Location
5 INDUSTRIAL RD
Parcel ID
021/ 0806/ 000/ /
Owner
OKONITE COMPANY
Total Market Value
$18,217,600
Appraisal
$18,217,600
PID
5233
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$14,205,500$4,012,100$18,217,600
Assessment
Valuation YearImprovementsLandTotal
2025$14,205,500$4,012,100$18,217,600

Owner of Record
OwnerOKONITE COMPANY
Co-Owner
Address102 HILLTOP RD
PO BOX 340
RAMSEY, NJ 07446
Sale Price$0
Certificate
Book & Page 1992/612
Sale Date12/06/2024
Instrument14

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
OKONITE COMPANY $0 1992/6121412/06/2024
OKONITE COMPANY$0 1675/6221404/14/2015
THE OKONITE COMPANY INC$7,750,000 1647/3031505/07/2014
MSNKS REALTY CUMBERLAND LLC$0 1273/01431406/13/2005
DWARES CORP$0 0487/02561408/16/1991

Building Information
Building 1 : Section 1
Year Built: 1960
Living Area: 341,251
Replacement Cost: $17,778,749
Building Percent Good: 77
Replacement Cost
Less Depreciation:
$13,689,600
Building Attributes
FieldDescription
StyleIndustrial
ModelInd/Comm
GradeAverage
Stories1
Occupancy1.00
PrimaryConcrete Block
Exterior Wall 2Metal
Roof StructureFlat
Roof CoverTar and Gravel
Interior Wall 1Unfinished
Interior Wall 2 
Interior Floor 1Concrete
Heating FuelGas
Building UseInd Mdl-96
CoolingCentral
Cooling Percent40
Interior Floor 2 
Heat 1Package or Space
Frame TypeMasonry
Heat 1 Pct60
Heat 2Warm Air
Heat 2 Pct40
Wall Height18.00
Baths/PlumbingAverage
Sprinkler TypeWet
Sprinkler Pct100
Ceiling/WallOpen/None
Rooms/PrtnAverage
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 329,746 329,746
AOFOffice 8,580 8,580
ELDEnclosed Loadng Dck 3,900 2,925
   342,226 341,251

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
MEZZMezzanine1760.00 SF$26,5001
MEZZMezzanine1615.00 SF$24,3001
MEZZMezzanine910.00 SF$13,7001

Land
Land Use
Use Code400
DescriptionInd Mdl-96  
Zone0060
NeighborhoodI6
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)16.22
Frontage
Depth
Total Market Land$4,012,100
Appraised Value$4,012,100

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
FGR1GarageFRFrame5050.00 SF$80,8001
PAVPavingASAsphalt180000.00 SF$324,0001
KSK1KioskFRFrame96.00 SF$8,6001
LT1LightLTLight30.00 UT$18,6001
FN2Fence 6"FNFence1800.00 SF$19,4001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$14,205,500$4,012,100$18,217,600
2024$13,939,600$3,473,700$17,413,300
2023$13,939,600$3,473,700$17,413,300

Assessment
Valuation YearImprovementsLandTotal
2025$14,205,500$4,012,100$18,217,600
2024$13,939,600$3,473,700$17,413,300
2023$13,939,600$3,473,700$17,413,300

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