15 STERLING DR
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Location
15 STERLING DR
Mblu
52/ / 11/ /
Acct#
O0091090
Owner
SAPPHIRE GROUP I51
Total Market Value
$7,975,300
Appraisal
$11,393,300
PID
14665
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2024$9,499,900$1,893,400$11,393,300
Assessment
Valuation YearImprovementsLandTotal
2024$6,650,000$1,325,300$7,975,300

Owner of Record
OwnerSAPPHIRE GROUP I51
Co-Owner
Address2 MALKA WAY
LAKEWOOD, NJ 08701
Sale Price$5,650,000
Book & Page 1588/0875
Sale Date07/27/2018
Instrument25

Ownership History
Ownership History
OwnerSale PriceBook & PageInstrumentSale Date
SAPPHIRE GROUP I51$5,650,0001588/08752507/27/2018
LSREF4 REBOUND LLC$4,063,1601518/05032506/05/2015
BLUE DOG PROPERTIES TRUST$11,019,0231273/06052510/27/2006
WE 15 STERLING LLC$5,000,0001061/08730012/13/2002
GKN WESTLAND AEROSPACE INC$335,7001034/03380806/05/2002

Building Information
Building 1 : Section 1
Year Built: 1978
Living Area: 173,063
Building Attributes
FieldDescription
Style:Warehouse
ModelInd/Comm
GradeC+
Stories:1
Occupancy2.00
Exterior Wall 1Brick Veneer
Exterior Wall 2Pre-finsh Metl
Roof StructureFlat
Roof CoverTar & Gravel
Interior Wall 1Drywall
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Heat/ACHeat/AC Pkgs
Frame TypeSteel
Baths/PlumbingAverage
Ceiling/WallCeiling Only
Rooms/PrtnsAverage
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 102,443 102,443
AOFOffice 70,620 70,620
CANCanopy 732 0
FEPPorch, Enclosed 650 0
SLBSlab 173,795 0
   348,240 173,063

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1Sprinklers Wet102443.00 S.F.$315,5001
SPR2Sprinklers Wet/Con70620.00 S.F.$271,9001
LDL1Load Levelers2.00 UNITS$5,5001
GIR1GIRDERS LT 12"442.00 L.F.$01
GIR3GIRDERS 19"-24120.00 L.F.$01
GIR2GIRDERS 13"-18882.00 L.F.$01

Land
Land Use
Use Code4010
DescriptionIND WHSE M96  
ZoneIX
Land Line Valuation
Size (Acres)22.38
Total Market Land$1,325,300
Appraised Value$1,893,400

Outbuildings
Outbuildings
CodeDescriptionSizeValueBldg #
PAV1Paving-Asphalt125200.00 S.F.$112,7001
LT1Lights-In w/PL10.00 UNITS$8,0001
LT2w/Double Light4.00 UNITS$5,2001
FN3Fence-6' Chain330.00 L.F.$2,6001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$9,499,900$1,893,400$11,393,300
2024$9,499,900$1,893,400$11,393,300
2023$6,667,400$1,864,700$8,532,100

Assessment
Valuation YearImprovementsLandTotal
2025$6,650,000$1,325,300$7,975,300
2024$6,650,000$1,325,300$7,975,300
2023$4,667,200$1,305,200$5,972,400

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