169 PROGRESS DRIVE
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Location
169 PROGRESS DRIVE
Mblu
104/ 4670/ 169/ /
Acct#
467000169
Owner
SL 169 PROGRESS DRIVE LLC
Total Assessment
$2,831,300
Appraisal
$4,044,600
PID
13525
Building Count
1
DISTRICT
T
CONCRETE
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2021$2,865,600$1,179,000$4,044,600
Assessment
Valuation YearImprovementsLandTotal
2021$2,006,000$825,300$2,831,300

Owner of Record
OwnerSL 169 PROGRESS DRIVE LLC
Address195 MORRISTOWN ROAD
BASKING RIDGE, NJ 07920
Sale Price$2,464,274
Certificate
Book & Page 4584/0615
Sale Date01/24/2019
Instrument33

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
SL 169 PROGRESS DRIVE LLC$2,464,274 4584/06153301/24/2019
NEW BEVERLY REALTY LLP$0C2175/0264WD06/09/2000
FIRST INDUSTRIAL L P$2,791,117 1968/0204 04/02/1998

Building Information
Building 1 : Section 1
Year Built: 1982
Living Area: 84,942
Replacement Cost: $4,666,390
Replacement Cost
Less Depreciation:
$2,566,500
Building Attributes
FieldDescription
Style:Pre-Eng Mfg
ModelInd/Comm
GradeAverage
Stories:1
Occupancy3.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2 
Roof StructureFlat
Roof CoverMetal/Tin
Interior Wall 1Minim/Masonry
Interior Wall 2Plaster
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseIndustrial 96
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:300
Heat/ACHeat/AC Packag
Frame TypeSteel
Baths/PlumbingAverage
Ceiling/WallCeil & Min Wl
Rooms/PrtnsAverage
Wall Height18.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
AOFOffice, (Average) 47,022 47,022
BASFirst Floor 37,920 37,920
FEPPorch, Enclosed 108 0
FOPPorch, Open 624 0
USTUtility, Storage, Unfinished 400 0
   86,074 84,942

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code300
DescriptionIndustrial 96  
ZoneIND
Neighborhood4000
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)11.25
Frontage0
Depth0
Total Assessed Land$825,300
Appraised Value$1,179,000

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1Paving Asphalt  239254.00 S.F.$299,1001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$2,865,600$1,179,000$4,044,600
2023$2,865,600$1,179,000$4,044,600
2022$2,865,600$1,179,000$4,044,600

Assessment
Valuation YearImprovementsLandTotal
2024$2,006,000$825,300$2,831,300
2023$2,006,000$825,300$2,831,300
2022$2,006,000$825,300$2,831,300

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