259 SAMUEL BARNET BLVD
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Location
259 SAMUEL BARNET BLVD
Mblu
84/ 8/ 11/ /
Acct#
Owner
KRELE LLC
Total Market Value
$16,316,800
Appraisal
$16,316,800
PID
100558
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2026$15,818,300$498,500$16,316,800
Assessment
Valuation YearImprovementsLandTotal
2026$15,818,300$498,500$16,316,800

Owner of Record
OwnerKRELE LLC
Co-Owner
Address26 MAIN ST
SUITE 101
CHATHAM, NJ 07928
Sale Price$4,000,000
Certificate
Book & Page 13410/50
Sale Date09/25/2020
Instrument1B

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
KRELE LLC$4,000,000 13410/501B09/25/2020
G MCCARTHY PROPERTIES-NEW BEDFORD LLC$2,000,000 10408/01400006/01/2012
745 AIRPORT ROAD LLC$3,185,000 8025/02920003/01/2006
SBB REALTY LLC$0 5821/02331F11/14/2002
SSB LLC$284,900 5262/01640012/03/2001

Building Information
Building 1 : Section 1
Year Built: 2021
Living Area: 44,156
Replacement Cost: $25,143,512
Building Percent Good: 62
Replacement Cost
Less Depreciation:

$15,589,000
Building Attributes
FieldDescription
Style:Research/Devel
ModelCommercial
GradeAverage
Stories:1
Occupancy3.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverMetal/Tin
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseFACTORY MDL-96
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:4000
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingABOVE AVERAGE
Ceiling/WallSUS-CEIL/MN WL
Rooms/PrtnsAVERAGE
Wall Height20.00
% Comn Wall0.00
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 44,156 44,156
CANCanopy 621 0
   44,777 44,156

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLERS-WET44156.00 S.F.$121,4001
LDL1LOAD LEVELERS5.00 UNITS$20,0001

Land
Land Use
Use Code4000
DescriptionFACTORY MDL-96  
ZoneGI
Neighborhood045
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)5.18
Frontage
Depth
Total Market Land$498,500
Appraised Value$498,500

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  50000.00 S.F.$84,4001
LT1LIGHTS-IN W/PL  5.00 UNITS$1,7001
FN3FENCE-6' CHAIN  200.00 L.F.$1,8001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2026$15,818,300$498,500$16,316,800
2025$19,570,400$488,900$20,059,300
2024$18,960,500$474,100$19,434,600

Assessment
Valuation YearImprovementsLandTotal
2026$15,818,300$498,500$16,316,800
2025$19,570,400$488,900$20,059,300
2024$18,960,500$474,100$19,434,600

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