119/121 TOWNE STREET #Y 4&5
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Location
119/121 TOWNE STREET #Y 4&5
Mblu
004/ 4829/ / Y 4&5/
Acct#
004-4829
Owner
121 TOWNE DE LLC
Total Market Value
$73,118,620
Appraisal
$104,455,170
PID
187503
Building Count
1
Legal Description
District
:
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$104,455,170$0$104,455,170
Assessment
Valuation YearImprovementsLandTotal
2025$73,118,620$0$73,118,620

Owner of Record
Owner121 TOWNE DE LLC
Co-Owner
Address101 CHASE AVENUE
LAKEWOOD, NJ 08701
Sale Price$109,250,000
Book & Page 12825/001
Sale Date10/04/2021
Instrument00

Ownership History
Ownership History
OwnerSale PriceBook & PageInstrumentSale Date
121 TOWNE DE LLC$109,250,00012825/0010010/04/2021
RV V LOCKWORKS LLC$130,000,00010617/00570012/21/2012
FIVE YALE & TOWNE LLC$010055/02212501/03/2011
FIVE YALE & TOWNE LLC$010055/02210401/03/2011
YALE & TOWNE SPE LLC$6,219,0828281/01252510/07/2005

Building Information
Building 1 : Section 1
Year Built: 2011
Living Area: 369,593
Building Attributes
FieldDescription
Style:Apartment CND
ModelCom Condo
Stories: 
GradeA+
Occupancy329
Interior Wall 1:Drywall
Interior Wall 2: 
Interior Floor 1Carpet
Interior Floor 2 
Heat Fuel:Gas/LP
Heat Type:Forced Air-Duc
AC Type:Central
Ttl Bedrms:0 Bedrooms
Ttl Bathrms:0
Ttl Half Bths:0
Xtra Fixtres 
Total Rooms: 
Bath Style: 
Kitchen Style: 
GradeA+
Stories:0
Residential Units:0
Exterior Wall 1:Precast Panel
Exterior Wall 2: 
Roof StructureFlat
Roof CoverRolled Compos
Cmrcl Units:9
Res/Com Units:0
Section #:1
Parking Spaces0
Section Style:0
Foundation 
Security: 
Cmplx Cnd 
Xtra Field 1: 
Remodel Ext: 
Super 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 353,501 353,501
BASFirst Floor 15,863 15,863
MEZMezzanine 229 229
   369,593 369,593

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
PGAParking Garage Abov132523.00 S.F$12,324,6401
EL2Elev Pass7.00 STOPS$781,2001
SPR1Sprinklers - Wet502128.00 S.F.$2,521,6901
EL2Elev Pass7.00 STOPS$781,2001
EL2Elev Pass8.00 STOPS$892,8001
EL2Elev Pass8.00 STOPS$892,8001

Land
Land Use
Use Code805
DescriptionApartment PUD 06  
ZoneSRDN
Neighborhood0250
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0
Depth
Total Market Land$0
Appraised Value$0

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
LS3Pool Concret  1348.00 S.F.$212,3101
WD1Wood Deck  1382.00 S.F.$62,1901
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$104,427,250$0$104,427,250
2023$104,427,250$0$104,427,250
2022$104,427,250$0$104,427,250

Assessment
Valuation YearImprovementsLandTotal
2024$73,099,080$0$73,099,080
2023$73,099,080$0$73,099,080
2022$73,099,080$0$73,099,080

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