498 SHERWOOD PL
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Location
498 SHERWOOD PL
Mblu
40/8 11/ 30/ /
Acct#
1564200
Owner
STRATFORD GARDENS LIMITED PARTNERSHIP
Total Assessed
$4,597,320
Appraisal
$6,567,600
PID
16167
Building Count
1
Sewer Use
A44
Raymark or EPA?
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$5,935,100$632,500$6,567,600
Assessment
Valuation YearImprovementsLandTotal
2025$4,154,570$442,750$4,597,320

Owner of Record
OwnerSTRATFORD GARDENS LIMITED PARTNERSHIP
Co-Owner
AddressPO BOX 59
SADDLE RIVER, NJ 07458
Sale Price$19,295,850
Book4758
Page0078
Sale Date03/28/2023

Ownership History
Ownership History
OwnerSale PriceSale DateBookPage
STRATFORD GARDENS LIMITED PARTNERSHIP$19,295,85003/28/202347580078
SHERWOOD NCM FP LLC$12,032,00006/28/201942840112
STRATCON PROPERTIES LLC$1,390,00005/21/199914980072

Building Information
Building 1 : Section 1
Year Built: 1969
Living Area: 45,888
Building Attributes
FieldDescription
Style:Apartment Bldg
ModelCommercial
GradeB+
Stories:4 Stories
Occupancy44.00
Exterior Wall 1Brick Veneer
Exterior Wall 2 
Roof StructureFlat
Roof CoverBuilt Up
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2 
Heating FuelGas
Heating TypeHot Water
AC TypeUnit/AC
Heat/ACNone
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSFinished Upper Story 34,416 34,416
BASFirst Floor 11,472 11,472
UBMUnfinished Basement 11,472 0
   57,360 45,888

Extra Features
Extra Features

No Data for Extra Features


Land
Land Use
Use Code112
DescriptionApartments  
Zone
Neighborhood100
Land Line Valuation
Size (Acres)1.25
Land Assessment$442,750
Appraised Value$632,500

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueAssessed Value
PAVPavingASAsphalt20000.00 S.F.$18,200$12,740
LT3With Triple Light  4.00 Units$13,900$9,730
LT1Lights in with pole  1.00 Units$1,000$700
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$5,935,100$632,500$6,567,600
2024$3,552,900$605,000$4,157,900
2023$3,552,900$605,000$4,157,900

Assessment
Valuation YearImprovementsLandTotal
2025$4,154,570$442,750$4,597,320
2024$2,487,030$423,500$2,910,530
2023$2,487,030$423,500$2,910,530

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