1 MALL RD
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Location
1 MALL RD
Mblu
116/ / 11152/ /
Acct#
Owner
CTL PROPCO I LLC
Total Market Value
$7,500,000
Appraisal
$7,500,000
PID
9036
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$3,496,900$4,003,100$7,500,000
Assessment
Valuation YearImprovementsLandTotal
2025$3,496,900$4,003,100$7,500,000

Owner of Record
OwnerCTL PROPCO I LLC
Co-Owner
Address3 SECOND ST STE 206
JERSEY CITY, NJ 07311-4056
Sale Price$0
Certificate
Book & Page 6279/0607
Sale Date01/27/2021

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageSale Date
CTL PROPCO I LLC$0 6279/060701/27/2021
J C PENNEY PROPERTIES LLC$0 2870/145603/01/1991

Building Information
Building 1 : Section 1
Year Built: 1991
Living Area: 124,656
Replacement Cost: $10,732,508
Replacement Cost
Less Depreciation:
$2,282,500
Building Attributes
FieldDescription
Style:Disc Dept Store
ModelComm/Ind
GradeAverage +10
Stories:2
Occupancy1.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Ceram Clay Til
Heating FuelElectric
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseSHOPNGMALL MDL-94
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:323I
Heat/ACHEAT/AC PKGS
Frame TypeFIREPRF STEEL
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height14.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 62,328 62,328
FUSUpper Story, Finished 62,328 62,328
SLBSlab 62,328 0
   186,984 124,656

Extra Features
Extra Features
CodeDescriptionSizeAssessed ValueBldg #
ELVELEVATOR- PASS1.00 UNITS$21,1001
ESCESCALATOR1.00 UNITS$13,7001
SPR1SPRINKLERS-WET124656.00 S.F.$46,1001

Land
Land Use
Use Code3230
DescriptionSHOPNGMALL MDL-94  
ZoneCIC
Neighborhood700
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)4.76
Frontage0
Depth0
Total Market Land$4,003,100
Appraised Value$4,003,100

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeAssessed ValueBldg #
PGKPARKING DECK  120281.00 UNITS$1,058,5001
PAV1PAVING-ASPHALT  75000.00 S.F.$75,0001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$3,496,900$4,003,100$7,500,000
2024$4,496,900$4,003,100$8,500,000
2023$4,496,900$4,003,100$8,500,000

Assessment
Valuation YearImprovementsLandTotal
2025$3,496,900$4,003,100$7,500,000
2024$4,496,900$4,003,100$8,500,000
2023$4,496,900$4,003,100$8,500,000

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