111 MERRITT BOULEVARD
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Location
111 MERRITT BOULEVARD
MBLU
K/09 / 00044/ 000/
ACT NUMBER
01252018
Owner
SCF RC FUNDING IV LLC
Total Market Value
$3,380,860
Appraisal
$4,829,800
PID
101674
Building Count
1
Fire District
N
Assessing District
Current Value
Appraisal
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2025$3,747,500$133,300$52,300$896,700$4,829,800
Assessment
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2025$2,623,250$93,310$36,610$627,690$3,380,860

Owner of Record
OwnerSCF RC FUNDING IV LLC
Co-OwnerPETER MAVOIDES MGR
Address902 CARNAGIE CTR BLVD STE 520
PRINCETON, NJ 08540
Sale Price$3,567,687
Book & Page 1792/0475
Sale Date08/12/2019
Instrument25

Ownership History
Ownership History
OwnerSale PriceBook & PageInstrumentSale Date
SCF RC FUNDING IV LLC$3,567,6871792/04752508/12/2019
SCF RC FUNDING IV LLC$825,0001758/09610602/01/2018
TRUMBULL MERRITT 101 LLC &$4,800,0001695/04842507/29/2015

Building Information
Building 1 : Section 1
Year Built: 2018
Living Area: 16,478
Replacement Cost: $3,823,951
Building Percent Good: 98
Replacement Cost
Less Depreciation:
$3,747,500
Building Attributes
FieldDescription
Style:School
ModelCommercial
GradeB+2
Stories:2 Stories
Occupancy1.00
Exterior Wall 1Comp/Conc Boar
Exterior Wall 2 
Roof StructureGable
Roof CoverAsphalt
Interior Wall 1Drywall
Interior Wall 2 
Interior Floor 1Average
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air
AC TypeCentral
Bldg UseDay Care
1st Floor Use: 
Heat/ACHeat/AC Pkgs
Frame TypeSteel
Baths/PlumbingAbove Average
Ceiling/WallsCeil & Walls
Rooms/PrtnsAbove Average
Wall Height11.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 8,356 8,356
FUSFinished Upper Story 8,122 8,122
SLBSlab 8,356 0
   24,834 16,478

Extra Features
Extra Features
CodeDescriptionSizeBldg #
ELVElev Pass1.00 Units1
SPRSprinklers Wet16478.00 SF1

Land
Land Use
Use Code352
DescriptionDay Care  
ZoneIL3
Neighborhood555
No
Category
Land Line Valuation
Size (Acres)3
Frontage
Depth

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeBldg #
PAV1Paving Asph Paving Asph19000.00 S.F.1
LT2Light - 2 Light - 22.00 Units1
LT1Light - 1 Light - 11.00 Units1
Valuation History
Appraisal
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2024$3,747,500$133,300$52,300$896,700$4,829,800
2023$3,747,500$133,300$52,300$896,700$4,829,800
2022$3,441,600$122,400$52,300$896,700$4,513,000

Assessment
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2024$2,623,250$93,310$36,610$627,690$3,380,860
2023$2,623,250$93,310$36,610$627,690$3,380,860
2022$2,409,120$85,680$36,610$627,690$3,159,100

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