234 SHERMAN AVE
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Location
234 SHERMAN AVE
Mblu
0306/ 0268/ 0010/ 0000/
Acct#
5349
Owner
BRITANNIA VENTURES LLC
Total Market Value
$8,242,000
Appraisal
$11,774,300
PID
5349
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$10,014,300$1,760,000$11,774,300
Assessment
Valuation YearImprovementsLandTotal
2025$7,010,000$1,232,000$8,242,000

Owner of Record
OwnerBRITANNIA VENTURES LLC
Co-Owner
AddressPO BOX 868
LAKEWOOD, NJ 08701
Sale Price$13,200,000
Book & Page 5388/677
Sale Date08/18/2020
Instrument00
QualifiedQ

Ownership History
Ownership History
OwnerSale PriceBook & PageInstrumentSale Date
BRITANNIA VENTURES LLC$13,200,0005388/6770008/18/2020
234 SHERMAN AVE LLC 76.14%&$9,350,0005035/3029910/01/2015

Building Information
Building 1 : Section 1
Year Built: 1924
Living Area: 128,834
Replacement Cost: $19,245,609
Building Percent Good: 51
Replacement Cost
Less Depreciation:
$9,815,300
Building Attributes
FieldDescription
StyleApartment, Comm
ModelComm/Ind
GradeC+
Stories4
Occupancy86
Exterior Wall 1Brick
Exterior Wall 2 
Roof StructureGable
Roof CoverArch Shingles
Interior Wall 1Drywall
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heat FuelOil
Heat TypeForced Hot Air
AC TypeCentral
Bldg UseComm Apts C
Total Rooms310
Total Bedrooms138
Total Full Bath(s)88
Total Half Bath(s)0
Extra Fixture(s)0
Fireplace(s)0
Extra Opening(s) 
Gas Fireplace(s) 
WS Flues0
Heat/ACHT/AC PACKAGE
FrameMasonry
Baths/PlumbingAverage
Ceiling/Wall06
Rooms/Prtns02
Wall Height10.00
% Sprinkled100
1st Floor Use 
Bsmt Garage0
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSFINISHED UPPER STORY 94,021 94,021
BASFIRST FLOOR 34,813 34,813
BSMBASEMENT 726 0
FCPCARPORT 5,708 0
FGRGARAGE 28,254 0
FOPOPEN PORCH 3,344 0
PTOPATIO 435 0
UBMUBM 6,592 0
   173,893 128,834

Extra Features
Extra Features
CodeDescriptionSizeValueAssessed ValueBldg #
SPANSOLAR PANELS300.00 UNIT$0$01
ELV1ELEVATOR PASS5.00 STOP$142,800$100,0001
SPR1SPRINKLERS-WET76467.00 SF$39,000$27,3001

Land
Land Use
Use Code800
DescriptionComm Apts C  
NeighborhoodC1
Land Line Valuation
Size (Acres)2.05
Total Market Land$1,232,000
Appraised Value$1,760,000

Outbuildings
Outbuildings
CodeDescriptionSizeValueAssessed ValueBldg #
PAV1PAVING16000.00 S.F.$17,200$12,0001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$10,017,200$1,305,000$11,322,200
2023$10,017,200$1,305,000$11,322,200

Assessment
Valuation YearImprovementsLandTotal
2024$7,012,040$913,500$7,925,540
2023$7,012,040$913,500$7,925,540

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