William Imperial and Jolene Imperial T/A Bobwill Realty June 15, 2001 Property Number Property Location Assessed Value County Equal Ratio Market Value 10 3709 Route 94 Hardyston Twp, NJ Blk.15 Lot 12 89,200 92.83% 96,090 10-Lot 3709 Route 94 Hardyston Twp, NJ Blk.15 Lot 11 3,400 92.83% 3,663 11 99 Morris Tpke Randolph Twp, NJ Blk.81 Lot 43 263,600 100% 263,600 12 181 Route 10 East Hanover, NJ Blk.99 Lot 6 140,000 63.27% 221,275 TOTALS 1,714,240 1,898,007 MARKET VALUE 1,898,007 MORTGAGES as of June 15, 2001 Property Number Property Location Mortgage Lender Mortgage Balance Market Value 6 495 Route 31 South Washington Twp, NJ Blk.75 Lot 5.03 0ne family GMAC Mortgage P.O. Box 780 Waterloo, IA 50704 Loan No. 506999002 88,033 12 181 Route 10 East Hanover, NJ Blk.99 Lot 6 2 Unit Commercial Valley CMC, Inc. P.O. Box 988 Wayne, NJ 07474 Loan No. 91170 259,466 TOTALS 347,499 1,898,007 NET 1,550,508 Page 2