249 PROGRESS DRIVE
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Location
249 PROGRESS DRIVE
Mblu
105/ 4670/ 249/ /
Acct#
467000249
Owner
SL 249 PROGRESS DRIVE LLC
Total Assessment
$1,045,800
Appraisal
$1,493,900
PID
13528
Building Count
1
DISTRICT
T
CONCRETE
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2021$1,082,800$411,100$1,493,900
Assessment
Valuation YearImprovementsLandTotal
2021$758,000$287,800$1,045,800

Owner of Record
OwnerSL 249 PROGRESS DRIVE LLC
Address195 MORRISTOWN ROAD
BASKING RIDGE, NJ 07920
Sale Price$1,466,830
Certificate
Book & Page 4584/0625
Sale Date01/24/2019
Instrument33

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
SL 249 PROGRESS DRIVE LLC$1,466,830 4584/06253301/24/2019
NEW BEVERLY REALTY LLP$0C2175/0264WD06/09/2000
FIRST INDUSTRIAL L P$618,505 1968/0204 04/02/1998

Building Information
Building 1 : Section 1
Year Built: 1983
Living Area: 30,250
Replacement Cost: $1,392,221
Replacement Cost
Less Depreciation:

$974,600
Building Attributes
FieldDescription
Style:Pre-Eng Mfg
ModelInd/Comm
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2 
Roof StructureFlat
Roof CoverEnam Mtl Shing
Interior Wall 1Minim/Masonry
Interior Wall 2 
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 Height20.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASFirst Floor 30,250 30,250
FOPPorch, Open 300 0
   30,550 30,250

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1Sprinklers-Wet30250.00 S.F.$31,8001
LDL2Ld Lvlr-Manual2.00 UNITS$1,4001

Land
Land Use
Use Code300
DescriptionIndustrial 96  
ZoneIND
Neighborhood4000
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)3.73
Frontage0
Depth0
Total Assessed Land$287,800
Appraised Value$411,100

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1Paving Asphalt  60000.00 S.F.$75,0001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$1,082,800$411,100$1,493,900
2023$1,082,800$411,100$1,493,900
2022$1,082,800$411,100$1,493,900

Assessment
Valuation YearImprovementsLandTotal
2024$758,000$287,800$1,045,800
2023$758,000$287,800$1,045,800
2022$758,000$287,800$1,045,800

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