255 SHELDON ROAD
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Location
255 SHELDON ROAD
Mblu
89/ 5100/ 255/ /
Acct#
510000255
Owner
SL 1055 CROSSROADS BLVD LLC
Total Assessment
$1,394,900
Appraisal
$1,992,500
PID
14558
Building Count
1
DISTRICT
T
CONCRETE
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2021$1,358,900$633,600$1,992,500
Assessment
Valuation YearImprovementsLandTotal
2021$951,400$443,500$1,394,900

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 FIFTY FIVE SHELDON RD LLC$2,024,920 3342/02653309/29/2006
POLO ENTERPRISES LLC$0C1922/0018 09/04/1997

Building Information
Building 1 : Section 1
Year Built: 1987
Living Area: 43,500
Replacement Cost: $1,986,413
Replacement Cost
Less Depreciation:
$1,191,800
Building Attributes
FieldDescription
Style:Light Indust
ModelInd/Comm
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2 
Roof StructureGable/Hip
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 Height13.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 35,000 35,000
AOFOffice, (Average) 8,500 8,500
FOPPorch, Open 600 0
   44,100 43,500

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1Sprinklers-Wet45000.00 S.F.$40,5001
LDL1Ld Lvlr-Power2.00 UNITS$3,6001

Land
Land Use
Use Code300
DescriptionIndustrial 96  
ZoneIND
Neighborhood4500
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)3.96
Frontage0
Depth0
Total Assessed Land$443,500
Appraised Value$633,600

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1Paving Asphalt  95600.00 S.F.$119,5001
SHD2Shed W/Imp  320.00 S.F.$3,5001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$1,358,900$633,600$1,992,500
2023$1,358,900$633,600$1,992,500
2022$1,358,900$633,600$1,992,500

Assessment
Valuation YearImprovementsLandTotal
2024$951,400$443,500$1,394,900
2023$951,400$443,500$1,394,900
2022$951,400$443,500$1,394,900

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