164 SCOTT ST
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Location
164 SCOTT ST
Mblu
0228/ 0125/ 198F/ 0000/
Acct#
4501
Owner
CUE MERRITT LTD PARTNERSHIP 85%
Total Market Value
$582,000
Appraisal
$831,300
PID
4501
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$619,800$211,500$831,300
Assessment
Valuation YearImprovementsLandTotal
2025$433,900$148,100$582,000

Owner of Record
OwnerCUE MERRITT LTD PARTNERSHIP 85%
Co-Owner& FG MERRITT LLC 15%
Address26 FOREST DR
LAKEWOOD, NJ 08701
Sale Price$38,725,000
Book & Page 5340/1131
Sale Date12/07/2018
Instrument00
QualifiedQ

Ownership History
Ownership History
OwnerSale PriceBook & PageInstrumentSale Date
CUE MERRITT LTD PARTNERSHIP 85%$38,725,0005340/11310012/07/2018
PAR MERRITT LLC$24,700,0004945/3162510/20/2014

Building Information
Building 1 : Section 1
Year Built: 1979
Living Area: 13,255
Replacement Cost: $1,503,873
Building Percent Good: 40
Replacement Cost
Less Depreciation:
$601,500
Building Attributes
FieldDescription
StyleRetail Strip
ModelComm/Ind
GradeC
Stories1
Occupancy6
Exterior Wall 1Wood Shingle
Exterior Wall 2Brick
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall
Interior Wall 2 
Interior Floor 1Ceramic Tile
Interior Floor 2 
Heat FuelGas
Heat TypeForced Hot Air
AC TypeCentral
Bldg UseCommercial
Total Rooms 
Total Bedrooms 
Total Full Bath(s)0
Total Half Bath(s)0
Extra Fixture(s)0
Fireplace(s)0
Extra Opening(s) 
Gas Fireplace(s) 
WS Flues0
Heat/ACHT/AC PACKAGE
FrameWood
Baths/PlumbingAverage
Ceiling/Wall 
Rooms/Prtns 
Wall Height12.00
% Sprinkled0
1st Floor Use 
Bsmt Garage0
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFIRST FLOOR 13,255 13,255
CANCANOPY 2,321 0
FEPFRAMED ENCLOSED PORCH 96 0
   15,672 13,255

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code201
DescriptionCommercial  
NeighborhoodC8
Land Line Valuation
Size (Acres)1.41
Total Market Land$148,100
Appraised Value$211,500

Outbuildings
Outbuildings
CodeDescriptionSizeValueAssessed ValueBldg #
PAV1PAVING17000.00 S.F.$18,300$12,8001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$756,800$183,300$940,100
2023$756,800$183,300$940,100

Assessment
Valuation YearImprovementsLandTotal
2024$529,760$128,310$658,070
2023$529,760$128,310$658,070

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