163 FRANKLIN STREET
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Location
163 FRANKLIN STREET
Mblu
000/ 0286/ / /
Acct#
000-0286
Owner
163 FRANKLIN STREET LLC (20%) ET AL
Total Market Value
$13,725,310
Appraisal
$19,607,590
PID
86
Building Count
1
Legal Description
District
:
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$17,208,370$2,399,220$19,607,590
Assessment
Valuation YearImprovementsLandTotal
2025$12,045,860$1,679,450$13,725,310

Owner of Record
Owner163 FRANKLIN STREET LLC (20%) ET AL
Co-Owner163 FRANKLIN STREET HIFI LLC (80%)
Address34 SOUTH DEAN STREET STE 200
ENGLEWOOD, NJ 07631-3515
Sale Price$20,191,487
Book & Page 12958/098
Sale Date03/23/2022
Instrument00

Ownership History
Ownership History
OwnerSale PriceBook & PageInstrumentSale Date
163 FRANKLIN STREET LLC (20%) ET AL$20,191,48712958/0980003/23/2022
VM NCM LLC (70%) ET AL$16,500,00011989/01070007/25/2018
RMS-CENTURY TOWERS LLC$6,237,01310719/00400304/16/2013
RMS FRANKLIN LLC$2,250,00010551/01682710/04/2012
JFFS REALTY LLC$09047/01952506/27/2007

Building Information
Building 1 : Section 1
Year Built: 2013
Living Area: 61,689
Building Attributes
FieldDescription
Style:Lux Apt
ModelComm/Ind
GradeB
Stories:4 Stories
Occupancy58.00
Exterior Wall 1Aluminum/Vinyl
Exterior Wall 2 
Roof StructureFlat
Roof CoverT&G/Rubber
Interior Wall 1Drywall/Plaste
Interior Wall 2 
Interior Floor 1Average
Interior Floor 2Carpet
Heating FuelGas/LP
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseApartment MDL-94
Total Rooms180
Total Bedrms68
Total Baths68
1st Floor Use: 
Heat/ACHeat/AC Pkgs
Frame TypeWood Frame
Baths/PlumbingAverage
Ceiling/WallTypical
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 49,608 49,608
BASFirst Floor 9,934 9,934
FBMFinished Basement - Comm 2,147 2,147
UBMBasement, Unfinished 2,147 0
   63,836 61,689

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
PGAParking Garage Abov26480.00 S.F$1,257,8001
EL2Elev Pass5.00 STOPS$285,0001
SPR1Sprinklers - Wet61689.00 S.F.$158,2301

Land
Land Use
Use Code800C
DescriptionApartment MDL-94  
ZoneMXD
Neighborhood0700
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)0.80
Depth
Total Market Land$1,679,450
Appraised Value$2,399,220

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
LP4Pavng Asphlt  18025.00 S.F$34,4701
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$17,208,370$2,399,220$19,607,590
2023$17,208,370$2,399,220$19,607,590
2022$17,208,370$2,399,220$19,607,590

Assessment
Valuation YearImprovementsLandTotal
2024$12,045,860$1,679,450$13,725,310
2023$12,045,860$1,679,450$13,725,310
2022$12,045,860$1,679,450$13,725,310

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