186 ADAMS STREET
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Location
186 ADAMS STREET
Mblu
29/ 20/ 186/ /
Acct#
002000186
Owner
SL 1055 CROSSROADS BLVD LLC
Total Assessment
$1,624,900
Appraisal
$2,321,300
PID
44
Building Count
1
DISTRICT
E
CONCRETE
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2021$1,543,700$777,600$2,321,300
Assessment
Valuation YearImprovementsLandTotal
2021$1,080,600$544,300$1,624,900

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
HJM REALTY LLC$0C0558/0279  

Building Information
Building 1 : Section 1
Year Built: 1975
Living Area: 54,156
Replacement Cost: $2,355,766
Replacement Cost
Less Depreciation:
$1,437,000
Building Attributes
FieldDescription
Style:Light Indust
ModelInd/Comm
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2Brick/Masonry
Roof StructureFlat
Roof CoverTar + Gravel
Interior Wall 1Minim/Masonry
Interior Wall 2Drywall/Sheetr
Interior Floor 1Tile/Vinyl Cmp
Interior Floor 2Carpet
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/WallCeiling & Wall
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 54,156 54,156
FOPPorch, Open 48 0
   54,204 54,156

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1Sprinklers-Wet54156.00 S.F.$49,6001
MEZ1Mezzanine-Unfin600.00 S.F.$5,1001
LDL1Ld Lvlr-Power2.00 UNITS$3,7001

Land
Land Use
Use Code300
DescriptionIndustrial 96  
ZoneIND
Neighborhood4000
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)5.4
Frontage0
Depth0
Total Assessed Land$544,300
Appraised Value$777,600

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1Paving Asphalt  30000.00 S.F.$37,5001
FN5Fence 10' Chain  425.00 L.F.$7,9001
LT1Lights 1Fix  5.00 UNITS$2,9001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$1,543,700$777,600$2,321,300
2023$1,543,700$777,600$2,321,300
2022$1,543,700$777,600$2,321,300

Assessment
Valuation YearImprovementsLandTotal
2024$1,080,600$544,300$1,624,900
2023$1,080,600$544,300$1,624,900
2022$1,080,600$544,300$1,624,900

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