203 SHELDON ROAD
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Location
203 SHELDON ROAD
Mblu
89/ 5100/ 203/ /
Acct#
510000203
Owner
SL 1055 CROSSROADS BLVD LLC
Total Assessment
$442,700
Appraisal
$632,400
PID
14555
Building Count
1
DISTRICT
T
CONCRETE
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2021$402,000$230,400$632,400
Assessment
Valuation YearImprovementsLandTotal
2021$281,400$161,300$442,700

Owner of Record
OwnerSL 1055 CROSSROADS BLVD LLC
Address195 MORRISTOWN RD
BASKING RIDGE, NJ 07920
Sale Price$12,915,000
Certificate
Book & Page 4593/0490
Sale Date06/27/2019
Instrument25

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
SL 1055 CROSSROADS BLVD LLC$12,915,000 4593/04902506/27/2019
GCCFC2007-GG9 MANCH. CT PROPERTIES LLC$0 4588/01614204/03/2019
TWO HUNDRED THREE(203)SHELDON RD LLC$320,000C1883/0299UNKQ03/20/1997

Building Information
Building 1 : Section 1
Year Built: 1976
Living Area: 12,996
Replacement Cost: $623,548
Replacement Cost
Less Depreciation:
$380,400
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 CoverTar + Gravel
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 Height16.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 12,996 12,996
   12,996 12,996

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
MEZ2Mezzanine-Fin400.00 S.F.$5,4001

Land
Land Use
Use Code300
DescriptionIndustrial 96  
ZoneIND
Neighborhood4500
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)1.44
Frontage0
Depth0
Total Assessed Land$161,300
Appraised Value$230,400

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
FN3Fence 6' Chain  540.00 L.F.$6,2001
PAV1Paving Asphalt  16000.00 S.F.$10,0001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$402,000$230,400$632,400
2023$402,000$230,400$632,400
2022$402,000$230,400$632,400

Assessment
Valuation YearImprovementsLandTotal
2024$281,400$161,300$442,700
2023$281,400$161,300$442,700
2022$281,400$161,300$442,700

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