500 BIC DR
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Location
500 BIC DR
Mblu
40/ 301/ 28/B /
Acct#
001570
Owner
MDC MILFORD ASSOCIATES LLC
Assessment
$20,229,990
Appraisal
$28,899,950
PID
10175
Building Count
2
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$27,101,350$1,798,600$28,899,950
Assessment
Valuation YearImprovementsLandTotal
2025$18,970,970$1,259,020$20,229,990

Owner of Record
OwnerMDC MILFORD ASSOCIATES LLC
Co-Owner
AddressC/O MOUNTAIN DEVELOPMENT CORP
56 LIVINGSTON AVE STE 200
ROSELAND , NJ 07068
Sale Price$14,000,000
Certificate
Book & Page 03048/0250
Sale Date12/07/2005
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
MDC MILFORD ASSOCIATES LLC$14,000,000 03048/02500012/07/2005
MDC MILFORD ASSOCIATES LLC$0 03048/0257 12/06/2005
BIC CONSUMER PRODUCTS MANUFAC$0 03036/0368 10/27/2005
BIC CORPORATION$0 03036/0367 10/27/2005
BIC CONSUMER PRODUCTS$0 02450/0123 12/12/2001

Building Information
Building 1 : Section 1
Year Built: 1952
Living Area: 745,516
Building Attributes
FieldDescription
Style:Office/Warehs
ModelIndustrial
GradeAVG
Stories:1
Occupancy44.00
Exterior Wall 1Concr/Cinder
Exterior Wall 2Pre-finsh Metl
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2Vinyl/Asphalt
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 473,138 473,138
FUSUpper Story, Finished 272,378 272,378
   745,516 745,516
Building 2 : Section 1
Year Built:
Living Area: 0
Building Attributes : Bldg 2 of 2
FieldDescription
Style:Outbuildings
Model
Grade:
Stories:
Occupancy
Exterior Wall 1
Exterior Wall 2
Roof Structure:
Roof Cover
Interior Wall 1
Interior Wall 2
Interior Flr 1 
Interior Flr 2
Heat Fuel
Heat Type:
AC Type:
Total Bedrooms:
Total Bthrms:
Total Half Baths:
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)

No Data for Building Sub-Areas


Extra Features
Extra Features
CodeDescriptionSizeValueAssessed Value
LDL1LOAD LEVELERS6.00 UNITS$33,480$23,440
LDL2W/MAN FLIP OUT21.00 UNITS$23,050$16,140
SPR1SPRINKLERS-WET745516.00 S.F.$1,016,880$711,820
VLT1VAULT-AVG144.00 S.F.$19,640$13,750
ELE32500#,100FM1.00 UNIT$66,340$46,440
MEZ3W/PARTITIONS4200.00 S.F.$156,240$109,370
MEZ3W/PARTITIONS4342.00 S.F.$161,520$113,060
MEZ3W/PARTITIONS11280.00 S.F.$419,620$293,730
MEZ1MEZZANINE-UNF3822.00 S.F.$50,950$35,670

Land
Land Use
Use Code4000
DescriptionFACTORY  
ZoneHDD
Land Line Valuation
Size (Acres)32.74
Total Market Land$1,259,020
Appraised Value$1,798,600

Outbuildings
Outbuildings
CodeDescriptionSizeValueAssessed Value
MSC20ELEVATR2.00 UNIT$6,000$4,200
SHD2W/LIGHTS ETC32.00 S.F.$830$580
MSC15DUMBWTR1.00 UNIT$1,400$980
SHD2W/LIGHTS ETC144.00 S.F.$3,740$2,620
SHD2W/LIGHTS ETC396.00 S.F.$10,300$7,210
STK1CHIMNEY STK BR1.00 UNITS$620$430
MSC7CFL21040.00 UNIT$3,120$2,180
SHD2W/LIGHTS ETC383.00 S.F.$4,980$3,490
PAV1PAVING-ASPHALT387000.00 S.F.$870,750$609,530
SHD2W/LIGHTS ETC272.00 S.F.$3,540$2,480
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$22,920,170$4,396,350$27,316,520
2023$22,920,170$4,396,350$27,316,520
2022$22,920,170$4,396,350$27,316,520

Assessment
Valuation YearImprovementsLandTotal
2024$16,044,120$3,077,450$19,121,570
2023$16,044,120$3,077,450$19,121,570
2022$16,044,120$3,077,450$19,121,570

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