Schedule III- Consolidated Real Estate and Accumulated Depreciation

12 Months Ended

Dec. 31, 2021

Real Estate And Accumulated Depreciation Disclosure [Abstract]

Schedule III- Consolidated Real Estate and Accumulated Depreciation

GTJ REIT, Inc

Schedule III- Consolidated Real Estate and Accumulated Depreciation (in thousands)

		Initial Cost to Company				Cost Capitalized Subsequent to Acquisition			Gross Amount at Which Carried at December 31, 2021
Property	Encumbrances	Land		Buildings & Improvements		Improvements			Land		Buildings & Improvements		Total		Accumulated Depreciation		Date of Construction		Date Acquired
New York
Industrial:
103 Fairview Park Drive, Elmsford, NY	E		3,416		9,972		375			3,416		10,348		13,764		2,638		1988	1/17/2013
412 Fairview Park Drive, Elmsford, NY	B		3,237		572		—			3,237		572		3,809		129	n/a		1/17/2013
401 Fieldcrest Drive, Elmsford, NY	B		3,008		7,097		—			3,008		7,097		10,105		1,644	n/a		1/17/2013
404 Fieldcrest Drive, Elmsford, NY	E		2,275		7,822		387			2,275		8,209		10,484		2,006		1996	1/17/2013
36 Midland Ave, Port Chester, NY	B		2,428		6,409		391			2,428		6,800		9,228		1,717		1979	1/17/2013
100-110 Midland Ave, Port Chester, NY	B		5,390		16,463		840			5,390		17,303		22,693		3,966		1979	1/17/2013
199 Ridgewood Drive, Elmsford, NY	B		827		1,916		—			827		1,916		2,743		474		1992	1/17/2013
203 Ridgewood Drive, Elmsford, NY	B		948		2,265		—			948		2,265		3,213		554		1986	1/17/2013
8 Slater Street, Port Chester, NY	B		1,997		4,640		(39	)		1,997		4,601		6,598		1,285		1984	1/17/2013
612 Wortman Ave, Brooklyn, NY	B		8,907		117		4,294			8,907		4,411		13,318		3,873		1965	3/26/2007
165-25 147th Ave, Jamaica, NY	B		360		3,821		856			360		4,677		5,037		4,677		1952	3/26/2007
114-15 Guy Brewer Blvd, Jamaica, NY	B		23,100		6		2,067			23,100		2,073		25,173		2,073		1965	3/26/2007
49-19 Rockaway Beach Blvd, Far Rockaway, NY	B		74		783		31			74		814		888		814		1931	3/26/2007
85-01 24th Ave, East Elmhurst, NY	B		38,210		937		2,343			38,210		3,280		41,490		3,221		1954	3/26/2007
23-85 87th Street, East Elmhurst, NY	B		14,506		323		1,168			14,637		1,360		15,997		1,165		1966	3/26/2007
28-20 Borden Ave, Long Island City, NY	A		26,678		98		557			26,678		655		27,333		143		1992	7/2/2014
606 Cozine Ave, Brooklyn, NY	D		3,304		6,469		—			3,304		6,469		9,773		2,444		1969	5/10/2016
201 Neelytown Road, Montgomery, NY	D		4,751		27,906		—			4,751		27,906		32,657		3,752		2017	8/31/2017
625 Wortman Ave, Brooklyn, NY			9,032		4,610		25			9,032		4,635		13,667		38		1966	10/26/2021
Retail:
112 Midland Ave, Port Chester, NY	B		786		422		—			786		422		1,208		126		1980	3/26/2007
Total NY:			153,234		102,648		13,295			153,365		115,813		269,178		36,739
New Jersey
Industrial:
100 American Road, Morris Plains, NJ	B		2,275		12,538		832			2,275		13,370		15,645		3,265		1986	1/17/2013
200 American Road, Morris Plains, NJ	B		725		5,361		50			725		5,411		6,136		1,289		2004	1/17/2013
300 American Road, Morris Plains, NJ	E		1,466		6,628		600			1,466		7,228		8,694		1,652		1987	1/17/2013
400 American Road, Morris Plains, NJ	B		1,724		9,808		489			1,724		10,297		12,021		2,629		1990	1/17/2013
500 American Road, Morris Plains, NJ	E		1,711		8,111		42			1,711		8,153		9,864		1,982		1988	1/17/2013
20 East Halsey Road, Parsippany, NJ	F		1,898		1,402		5,830			1,898		7,232		9,130		1,511		1970	4/23/2014
1110 Centennial Ave, Piscataway, NJ	C		790		1,937		289			790		2,226		3,016		500		1979	3/13/2015
11 Constitution Ave, Piscataway, NJ	C		1,780		8,999		180			1,780		9,179		10,959		1,714		1989	3/13/2015
21 Constitution Ave, Piscataway, NJ	C		6,187		18,855		95			6,187		18,950		25,137		3,762		2004	3/13/2015
4 Corporate Place, Piscataway, NJ	C		2,145		1,744		144			2,145		1,888		4,033		513		1974	3/13/2015
8 Corporate Place, Piscataway, NJ	C		2,666		4,381		55			2,666		4,436		7,102		1,109		1977	3/13/2015
1938 Olney Avenue, Cherry Hill, NJ	D		1,176		5,357		—			1,176		5,357		6,533		1,204		1966	7/27/2017
Office/Data Center:
25 Corporate Place, Piscataway, NJ	C		2,269		8,343		—			2,269		8,343		10,612		1,760		1985	3/13/2015
Total NJ:			26,812		93,464		8,606			26,812		102,070		128,882		22,890
Connecticut
Industrial:
466 Bridgeport Ave, Shelton, CT	F		833		867		3,235			833		4,102		4,935		1,431		1982	1/17/2013
470 Bridgeport Ave, Shelton, CT	B		2,660		4,807		250			4,156		5,057		9,213		1,711		1973	1/17/2013

15 Progress Drive, Shelton, CT		984	3,411	308		984	3,719	4,703	960	1980	1/17/2013
33 Platt Road, Shelton, CT	B	3,196	5,402	—		3,196	5,402	8,598	2,464	1972	10/15/2014
950-974 Bridgeport Ave, Milford, CT	B	1,551	3,524	48		1,551	3,572	5,123	876	1946	1/17/2013
12 Cascade Blvd, Orange, CT	B	1,688	3,742	2		1,688	3,744	5,432	864	1987	1/17/2013
15 Executive Blvd., Orange, CT	B	1,974	5,357	1,027		1,974	6,384	8,358	2,042	1983	1/17/2013
25 Executive Blvd., Orange, CT	B	438	1,481	59		438	1,540	1,978	349	1983	1/17/2013
22 Marsh Hill Rd, Orange, CT	B	1,462	2,915	575		1,462	3,490	4,952	1,071	1989	1/17/2013
269 Lambert Rd, Orange, CT	B	1,666	3,516	230		1,666	3,746	5,412	1,172	1986	1/17/2013
110 Old County Circle, Windsor Locks, CT		1,572	11,797	507		1,572	12,304	13,876	3,470	2003	4/8/2014
120 Old County Circle, Windsor Locks, CT		200	—	5,955		200	5,955	6,155	654	2018	4/8/2014
4 Meadow Street, Norwalk, CT	B	856	3,034	541		856	3,575	4,431	971	1992	8/22/2014
777 Brook Street, Rocky Hill, CT	B	2,456	8,658	415		2,456	9,073	11,529	2,182	1969	1/14/2015
35 Executive Blvd., Orange, CT (1)	B	1,080	8,909	(3,879	)	1,080	5,030	6,110	232	2020	1/17/2013
Total CT:		22,616	67,420	9,273		24,112	76,693	100,805	20,449
Delaware
Industrial:
300 McIntire Drive, Newark, DE	D	2,488	13,033	403		2,488	13,436	15,924	4,112	1999	6/1/2016
Total DE:		2,488	13,033	403		2,488	13,436	15,924	4,112
Grand Total:		205,150	276,565	31,577		206,777	308,012	514,789	84,190

(1) Due to the demolition of the property located at 35 Executive Boulevard, Orange, Connecticut, a $7.5 million write down was recorded during 2018. This property was formerly classified as Office but subsequently changed to Industrial due to the construction of a new Industrial building.

	2021			2020
Balance at beginning of year	$	499,686		$	497,808
Property acquisitions		13,642			-
Improvements		1,966			1,878
Adjustment for assets written off		(505	)		-
Balance at end of year	$	514,789		$	499,686

	2021			2020
Balance at beginning of year	$	74,569		$	64,950
Depreciation for year		9,756			9,619
Adjustment for assets written off		(135	)		-
Balance at end of year	$	84,190		$	74,569

Lender	Principal Outstanding
A—People’s United Bank	$	15,442
B—American International Group		233,100
C—Allstate Corporation		36,435
D—United States Life Insurance Company		39,000
E—United States Life Insurance Company		33,000
F—Transamerica Life Insurance Company		8,400
Total	$	365,377