1450 WASHINGTON BOULEVARD
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Location
1450 WASHINGTON BOULEVARD
Mblu
003/ 6715/ / /
Acct#
003-6715
Owner
WESCOTT APARTMENTS DE 1 LLC ET AL
Total Market Value
$53,236,470
Appraisal
$76,052,090
PID
15286
Building Count
1
Legal Description
District
:
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$65,693,340$10,358,750$76,052,090
Assessment
Valuation YearImprovementsLandTotal
2025$45,985,340$7,251,130$53,236,470

Owner of Record
OwnerWESCOTT APARTMENTS DE 1 LLC ET AL
Co-OwnerWESCOTT APARTMENTS DE 2 LLC
AddressPO BOX 580
LAKEWOOD, NJ 08701-0580
Sale Price$67,000,000
Book & Page 11856/0141
Sale Date12/04/2017
Instrument00

Ownership History
Ownership History
OwnerSale PriceBook & PageInstrumentSale Date
WESCOTT APARTMENTS DE 1 LLC ET AL$67,000,00011856/01410012/04/2017
T-C NEWBURY COMMON LLC$62,000,00010057/00010001/04/2011
NEWBURY COMMON ASSOCIATES LLC$09532/01102502/20/2009
NEWBURY COMMONS -CHFA INC$08617/01932506/30/2006
NEWBURY COMMONS LLC$04305/0149 09/02/1994

Building Information
Building 1 : Section 1
Year Built: 1986
Living Area: 322,812
Building Attributes
FieldDescription
Style:Lux Apt
ModelComm/Ind
GradeC
Stories: 
Occupancy266.00
Exterior Wall 1Brick
Exterior Wall 2 
Roof StructureFlat
Roof CoverT&G/Rubber
Interior Wall 1Drywall/Plaste
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Ceram Clay Til
Heating FuelGas/LP
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseApartment MDL-94
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:800C
Heat/ACHeat/AC Pkgs
Frame TypeMasonry
Baths/PlumbingAverage
Ceiling/WallCeil & Wall
Rooms/PrtnsAverage
Wall Height8.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 302,636 302,636
BASFirst Floor 20,176 20,176
   322,812 322,812

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
EL2Elev Pass56.00 STOPS$2,620,8001
PGBParking Garage Below116022.00 S.F$4,524,8601
SPR1Sprinklers - Wet322812.00 S.F.$679,8401
HT1Hot Tub1.00 UNITS$7,0201

Land
Land Use
Use Code800C
DescriptionApartment MDL-94  
ZoneMZN
Neighborhood0700
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)3.17
Depth
Total Market Land$7,251,130
Appraised Value$10,358,750

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
LP4Pavng Asphlt  4200.00 S.F$5,3601
TC1Tennis Ct  1.00 UNITS$26,2501
LS1Pool Inground  980.00 S.F.$42,6301
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$65,693,340$10,358,750$76,052,090
2023$65,693,340$10,358,750$76,052,090
2022$65,693,340$10,358,750$76,052,090

Assessment
Valuation YearImprovementsLandTotal
2024$45,985,340$7,251,130$53,236,470
2023$45,985,340$7,251,130$53,236,470
2022$45,985,340$7,251,130$53,236,470

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