50 CHARLES DRIVE
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Location
50 CHARLES DRIVE
Mblu
92/ 1075/ 50/ /
Acct#
107500050
Owner
CUE CHARLES LIMITED PARTNERSHIP
Total Assessment
$1,091,200
Appraisal
$1,558,600
PID
2893
Building Count
3
DISTRICT
T
CONCRETE
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2021$1,198,600$360,000$1,558,600
Assessment
Valuation YearImprovementsLandTotal
2021$839,200$252,000$1,091,200

Owner of Record
OwnerCUE CHARLES LIMITED PARTNERSHIP
CUE CHARLES OWNER TIC 2 LLC
Address26 FOREST DRIVE
LAKEWOOD, NJ 08701
Sale Price$11,850,000
Certificate
Book & Page 4718/843
Sale Date07/19/2023
Instrument33

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
CUE CHARLES LIMITED PARTNERSHIP$11,850,000 4718/8433307/19/2023
FLT CHARLES DRIVE CC LLC$8,200,000 4687/5913304/27/2022
TRANS-REALTY ASSOC LLC$1,212,600C0873/0082 12/01/1983

Building Information
Building 1 : Section 1
Year Built: 1972
Living Area: 6,120
Replacement Cost: $586,128
Replacement Cost
Less Depreciation:
$357,500
Building Attributes
FieldDescription
Style:Apartments
ModelComm/Ind
GradeAverage
Stories:2
Occupancy6.00
Exterior Wall 1Aluminum Sidin
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsphalt Shingl
Interior Wall 1Drywall/Sheetr
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeHot Water
AC TypeUnit/AC
Bldg UseApartments 94
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:800C
Heat/ACHeat AC Split
Frame TypeWood Frame
Baths/PlumbingAverage
Ceiling/WallCeiling & Wall
Rooms/PrtnsAverage
Wall Height8.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 3,060 3,060
FUSUpper Story, Finished 3,060 3,060
BGRBasement Garage 3,060 0
FGRGarage 450 0
PTOPatio 450 0
WDKWood Deck 1,224 0
   11,304 6,120
Building 2 : Section 1
Year Built: 1972
Living Area: 6,120
Replacement Cost: $586,128
Replacement Cost
Less Depreciation:
$357,500
Building Attributes : Bldg 2 of 3
FieldDescription
Style:Apartments
ModelComm/Ind
GradeAverage
Stories:2
Occupancy6.00
Exterior Wall 1Aluminum Sidin
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsphalt Shingl
Interior Wall 1Drywall/Sheetr
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeHot Water
AC TypeUnit/AC
Bldg UseApartments 94
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:800C
Heat/ACHeat AC Split
Frame TypeWood Frame
Baths/PlumbingAverage
Ceiling/WallCeiling & Wall
Rooms/PrtnsAverage
Wall Height8.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 3,060 3,060
FUSUpper Story, Finished 3,060 3,060
BGRBasement Garage 3,060 0
FGRGarage 450 0
PTOPatio 450 0
WDKWood Deck 1,224 0
   11,304 6,120
Building 3 : Section 1
Year Built: 1972
Living Area: 8,160
Replacement Cost: $750,798
Replacement Cost
Less Depreciation:
$458,000
Building Attributes : Bldg 3 of 3
FieldDescription
Style:Apartments
ModelComm/Ind
GradeAverage
Stories:2
Occupancy8.00
Exterior Wall 1Aluminum Sidin
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsphalt Shingl
Interior Wall 1Drywall/Sheetr
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeHot Water
AC TypeUnit/AC
Bldg UseApartments 94
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:800C
Heat/ACHeat AC Split
Frame TypeWood Frame
Baths/PlumbingAverage
Ceiling/WallCeiling & Wall
Rooms/PrtnsAverage
Wall Height8.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 4,080 4,080
FUSUpper Story, Finished 4,080 4,080
BGRBasement Garage 4,530 0
FGRGarage 450 0
PTOPatio 1,700 0
WDKWood Deck 680 0
   15,520 8,160

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
FPL1Fireplace - Comm2.00 UNITS$3,1001
FPL1Fireplace - Comm2.00 UNITS$3,1002
FPL1Fireplace - Comm2.00 UNITS$3,1003

Land
Land Use
Use Code800C
DescriptionApartments 94  
ZoneRM
Neighborhood3500
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)1.19
Frontage0
Depth0
Total Assessed Land$252,000
Appraised Value$360,000

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1Paving Asphalt  4000.00 S.F.$5,0001
PAV1Paving Asphalt  4000.00 S.F.$5,0002
PAV1Paving Asphalt  5000.00 S.F.$6,3003
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$1,198,600$360,000$1,558,600
2023$1,198,600$360,000$1,558,600
2022$1,198,600$360,000$1,558,600

Assessment
Valuation YearImprovementsLandTotal
2024$839,200$252,000$1,091,200
2023$839,200$252,000$1,091,200
2022$839,200$252,000$1,091,200

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