Appraisal Project Portfolio
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1 River View Plaza
This Monmouth County office park was prepared for a REIT for cost basis accounting. This property is a 457,000 square foot, multi-tenanted Class A office complex.
Aura 240 Luxury Apartments
15-Story, 96-unit luxury apartment complex in the City of East Orange. The property was originally developed as an office building in the 1950s. In 2010 developers converted the building to a mid-rise apartment complex by adding an additional 9 stories to the existing structure. The complex was completed and began leasing in 2012.
Baker Water Front Plaza - Hoboken
An 8-story class A office complex located in the City of Hoboken, Hudson County New Jersey. The asset was appraised for an institutional lender. The assignment required appraising the "as is" and "as stabilized" market value.
Center City Mall
An urban indoor mall containing 320,000 square feet situated on a 2+ acre site in Passaic, New Jersey. Ard Appraisal Company was requested to prepare a current market value of the property for asset valuation purposes. The client was a law firm specializing in real estate law.
Center City Philadelphia Apartment
A 16 Story, 91 unit apartment building located in the Center City section of Philadelphia. The property was appraised for a regional lending institution.
Fort Lee 231-Unit High-Rise
A 31-story, 231 unit co-operative apartment complex located in northeast Bergen County. The assignment involved estimating the market value of the property as a rental property. The client in this instance was a CMBS lender.
Historic High-Rise Building
165,896 square foot, 22-story high-rise office building located in Downtown Newark, New Jersey. The building was constructed in 1920 as the Federal Trust Building. The building has undergone extensive renovations over the past several years and is currently configured as a multi-tenanted office building serving over 50 tenants.
Jersey Shore HUD Apartments
11-story, 100 unit water-front apartment complex located in Long Branch, New Jersey. The complex was operating under a Housing Assistance Payment (HAP) contract with the U.S. Department of Housing and Urban Development (HUD).
Jersey Shore Wedding Facility
A 15,000 square foot waterfront wedding facility, which offer's banquet space, an on-site chapel, and overnight accommodations. The appraisal was prepared for a regional lender.
Montgomery County, PA Mixed-Use
53,178 square foot mixed-use retail/residential complex that was recent recently gut renovated. The property was appraised for a regional lending institution.
Morristown Class A Multi Family
This is a 5 story 217 Class A multi-family project located in downtown Morristown, NJ. The assignment involved providing the estimate "As Is" and "As Stabilized" market value for an international lending institution.
New Brunswick Office Building
A 92,000 square foot Class A office building in downtown New Brunswick. The building is occupied by 11 tenants which include a mix of ground floor retail and professional office uses. The property was appraised for a regional lending institution.
New Jersey Turnpike Authority Headquarters
Home to the New Jersey Turnpike Headquarters, this is an 8-story 215,000 square foot, multi-tenant Class A office building situated at the Interchange 11 of the New Jersey Turnpike. This assignment was prepared for a regional lending institution.
Northeast Philly-Bustleton Multi-Family
This is a 10 building, 257 unit garden apartment complex located in the Bustleton section of Philadelphia. The property was appraised for a CMBS lender.
Northern Middlesex County Life Science Facility
This project was completed for a Fortune 500 firm looking to dispose of a 300,000+ square foot life science facility in northern Middlesex County.
Ocean County Shopping Center Portfolio
This assignment involved the valuation of three grocery anchored neighborhood shopping centers located in central and northern Ocean County (Jackson, Toms River and Lacy Township). The three centers have an aggregate building area of 418,000 square feet. All three properties were at stabilized occupancy. The assignment was prepared for an institutional lender.
Palisades with NYC View
5-story, 35 unit apartment building over-looking New York City and the Hudson River in Fort Lee, New Jersey. The property is located along just off the Hudson Terrace exit of Hudson Terrace exit of the Palisades Interstate Parkway.
Port Elizabeth Cold Storage Warehouse
This is a modern day 240,000 square foot cold storage facility situated on 11 acres fronting the Newark Bay. The property was appraised in its Leased Fee Interest. In addition, the property was improved with roof mounted solar panels. The assignment was prepared for a regional lending institution.
Prestigious Edison Office
A fifteen-story Class A office building containing 360,375 square feet of gross building area and 331,863 square feet of net rentable area. The building is situated on a 6.10 acre site.
Princeton Office Complex
Two Class A office buildings containing a total of 102,410 square feet. The front building is three-stories and contains 62,410 square feet and is occupied by eleven tenants. The rear building is two-stories and contains 40,000 square feet. The property was appraised for a national lending institution.
Princeton South Class A Office
A recently constructed 317,000 square foot Class A office property located in the Princeton South Submarket. This property was appraised for an institutional lender.
Somerset County Life Science Complex
Located in central Somerset County, this assignment involved the appraisal of a 1,200,000 square foot life science, research and development and warehouse campus situated on over a 100 acre site. The appraisal was prepared for a international pharmaceutical firm.
156-unit fractured condominium complex within the Morris Canal Redevelopment Area of Jersey City, New Jersey. The property was constructed in 1904 as an industrial building and was redeveloped in 2000 as residential condominiums and apartment rentals.
Tri-Parkway Corporate Park
100,000 square foot Class B office building in the Township of Middletown. The property was developed in the late 1980s as part of the Tri-Parkway Corporate Park. The property is located just off interchange 109 on the Garden State Parkway.
Turnpike Widening Program
Project included the appraisal of more than 60 industrial, office, residential, and vacant land parcels for the Turnpike Authority.
Upper West Side Co-Op Apartment
Located in the Riverside-West End Historic District of the Upper Westside of Manhattan, this is a 15 story, 106 unit co-op apartment complex with shares allocated. The property was appraised for a regional lender specializing in co-operative properties.
Williamsburg Revelopment Project
An assignment involving a redevelopment project consisting of 5 retail stores and 14 apartments. Located in the Williamsburg Section of Brooklyn. The appraisal which was conducted for a regional lender included the "As Is", "As Complete" and "As Stabilized" market value.
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