1259 FOREST RD
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Location
1259 FOREST RD
Mblu
406/ 1133/ 00300/ /
Acct#
406 1133 00300
Owner
CUE FOUNTAIN PROPERTY LP
Total Market Value
$584,640
Appraisal
$835,200
PID
25152
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$710,400$124,800$835,200
Assessment
Valuation YearImprovementsLandTotal
2025$497,280$87,360$584,640

Owner of Record
OwnerCUE FOUNTAIN PROPERTY LP
Co-OwnerCUE FOUNTAIN PROPERTY TIC 2 LLC
Address26 FOREST DR
LAKEWOOD, NJ 08701
Sale Price$28,650,000
Certificate
Book & Page 10766/301
Sale Date11/19/2024
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
CUE FOUNTAIN PROPERTY LP$28,650,000 10766/3010011/19/2024
WEST DALE NATIONAL ASSOCIATES LP$15,300,000 6794/01052405/14/2004
ESPLANADE NEW HAVEN LLC$0 5863/0304105/30/2001
ESPLANADE ANNEX LIMITED PARTNERSHIP$0 5424/0094801/05/1999
AJELLO JOSEPH JR ET AL$700,000 5263/0118 01/21/1998

Building Information
Building 1 : Section 1
Year Built: 1962
Living Area: 8,833
Replacement Cost: $1,404,466
Building Percent Good: 50
Replacement Cost
Less Depreciation:
$702,200
Building Attributes
FieldDescription
Style:Apt 1-7 st
ModelCommercial
GradeAverage
Stories:2
Occupancy9.00
Exterior Wall 1Brick
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsphalt
Interior Wall 1Drywall/Plaste
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Fin WD/Carpet
Heating FuelOil/Gas
Heating TypeHot Water
AC TypeNone
Bldg UseAPT5 - 12 MDL-94
Total Rooms 
Total Bedrms09
Total Baths9
NBHD Code 
1st Floor Use:111J
Heat/ACNONE
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height9.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 4,216 4,216
FUSFinished Upper Story 4,216 4,005
FRBFin Raised Bsmt 816 612
FOPOpen Porch 324 0
UBMUnfinished Basement 3,400 0
   12,972 8,833

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code111C
DescriptionAPT5 - 12 MDL-94  
ZoneRM1
Neighborhood2400
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.21
Frontage1
Depth0
Total Market Land$87,360
Appraised Value$124,800

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueAssessed ValueBldg #
PAV1PAVING-ASPHALT  4000.00 S.F.$8,200$5,7401
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$710,400$124,800$835,200
2024$710,400$124,800$835,200
2023$710,400$124,800$835,200

Assessment
Valuation YearImprovementsLandTotal
2025$497,280$87,360$584,640
2024$497,280$87,360$584,640
2023$497,280$87,360$584,640

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