120 COMMERCE WAY
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Location
120 COMMERCE WAY
Mblu
10/ 01/ 03/ /
Acct#
056971655307 0
Owner
120 COMMERCE APARTMENTS LLC
Total Market Value
$47,026,800
PID
470
Building Count
1
Current Value
Assessment
Valuation YearImprovementsLandTotal
2026$35,582,400$11,444,400$47,026,800

Owner of Record
Owner120 COMMERCE APARTMENTS LLC
Co-Owner
AddressC/O TOLL BROTHERS APRTMNT LVNG
1140 VIRGINIA DRIVE
FORT WASHINGTON, PA 19034
Sale Price$12,442,000
Certificate
Book & Page 71302/0200
Sale Date07/12/2018
Instrument1M

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
120 COMMERCE APARTMENTS LLC$12,442,000 71302/02001M07/12/2018
NODRAER REALTY TRUST$0 13311/0131UNKQ10/17/1977

Building Information
Building 1 : Section 1
Year Built: 2020
Living Area: 341,593
Replacement Cost: $33,988,317
Building Percent Good: 99
Replacement Cost
Less Depreciation:
$33,648,400
Building Attributes
FieldDescription
Style:MIXED RES / RET
ModelCommercial
GradeExcel
Stories:6
Occupancy1.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2Pre-finsh Metl
Roof StructureFlat
Roof CoverRubber Membran
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Average
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UsePRI RES MDL-94
Total Rooms 
Total Bedrms 
Total Baths 
Depreciation 
1st Floor Use:RETAIL
Heat/ACHEAT/AC PKGS
Frame TypeFIREPRF STEEL
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height12.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 288,391 288,391
BASFirst Floor 53,202 53,202
CANCanopy 1,486 0
FEPEnclosed Porch 72 0
FGRAttached Garage 155,757 0
FOPOpen Porch 5,485 0
FSTUtility, Finished 2,418 0
PTOPatio 11,772 0
WDKDeck, Wood 864 0
   519,447 341,593

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
ELEVELEVATOR3.00 UNITS$222,8001
FPLFIREPLACE2.00 UNITS$5,9001
SPR1SPRINKLERS-WET341393.00 S.F.$270,4001

Land
Land Use
Use Code013C
DescriptionPRI RES MDL-94  
ZoneI-P2
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)3.38
Frontage0
Depth0
Total Market Land$11,444,400

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
SPL3GUNITE  736.00 S.F.$16,6001
LT1LIGHTS-IN W/PL  5.00 UNITS$3,5001
PAV1PAVING-ASPHALT  13893.00 S.F.$12,5001

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