561 Somerset St Somerset, NJ 08873
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Property flags
Built 1960 · Commercial1 owner signal on a paid plan
- Assessed
- $420,000
- Last sale
- $465,000Jul 18, 2022
- Built
- 1960
- Size
- 2,550 sq ft
- Status
- No open cases
Property information
- Block
- 166
- Lot
- 17
- Qualifier
- —
- County
- Somerset
- Municipality
- Franklin Twp
- Tax map page
- 8001
- Land description
- 50X116 AVG
Building details
- Building class
- 10
- Description
- 1SBL
- Dwellings
- 1
- Zoning
- RC
- Square feet
- 2,550
- Acreage
- 0.13 ac
Assessment
- Land value
- $117,000
- 28%
- Improvement value
- $303,000
- 72%
- Total assessment
- $420,000
- Sale assessment
- Sign in to see
- Tax (2024)
- $7,652
Owner mailing
- Street address
Property information on this site is compiled from public sources and is provided as-is; we do not guarantee its accuracy.
12 events · 1960–202212events19602022
Sign in to see the parties and documents
- 7 years
- $282,500
Deed recorded
-13% vs 2006Per sq ft$111Held8.8 yrsSq ft2,550RecordedSep 8, 2015 - 9 years
Mortgage discharged
Instrument2006079581CountySomerset- $325,000
Deed recorded
+195% vs 1994Held12.0 yrs Mortgage recorded
Instrument2002111622CountySomerset- 8 years
- $110,000
Deed recorded
Held13.2 yrs - 35 years
Property Built
No tax distress on record
| Year | Property tax | Change | Land | Improvement | Assessment |
|---|---|---|---|---|---|
| 2024 | $7,652 | -6.1% | $117,000 | $303,000 | $420,000 |
| 2023 | $8,148 | -2.5% | $117,000 | $303,000 | $420,000 |
| 2022 | $8,359 | -2.5% | $117,000 | $303,000 | $420,000 |
| 2021 | $8,576 | -1.3% | $117,000 | $258,000 | $375,000 |
| 2020 | $8,693 | -1.0% | $117,000 | $258,000 | $375,000 |
| 2019 | $8,783 | -0.4% | $117,000 | $258,000 | $375,000 |
| 2018 | $8,816 | -0.8% | $117,000 | $258,000 | $375,000 |
| 2017 | $8,891 | +0.7% | $117,000 | $258,000 | $375,000 |
| 2016 | $8,831 | +1.5% | $117,000 | $258,000 | $375,000 |
| 2015 | $8,700 | +1.4% | $117,000 | $258,000 | $375,000 |
| 2014 | $8,580 | +3.3% | $117,000 | $258,000 | $375,000 |
| 2013 | $8,303 | -8.0% | $117,000 | $258,000 | $375,000 |
| 2012 | $9,027 | +4.8% | $117,000 | $258,000 | $375,000 |
| 2011 | $8,615 | -21.0% | $117,000 | $308,000 | $425,000 |
| 2010 | $10,911 | +86.7% | $117,000 | $308,000 | $425,000 |
| 2009 | $5,843 | +2.4% | $117,000 | $464,000 | $581,000 |
| 2008 | $5,704 | +1.6% | $128,800 | $167,200 | $296,000 |
| 2007 | $5,615 | +4.6% | $128,800 | $167,200 | $296,000 |
| 2006 | $5,371 | +16.2% | $128,800 | $167,200 | $296,000 |
| 2005 | $4,622 | +3.7% | $100,800 | $167,200 | $268,000 |
| 2004 | $4,456 | +13.2% | $65,800 | $150,000 | $215,800 |
| 2003 | $3,938 | -5.4% | $45,800 | $150,000 | $195,800 |
| 2002 | $4,163 | -2.2% | $23,800 | $150,000 | $173,800 |
| 2001 | $4,255 | -3.8% | $23,800 | $150,000 | $173,800 |
| 2000 | $4,423 | +7.3% | $23,800 | $150,000 | $173,800 |
| 1999 | $4,121 | +5.9% | $23,800 | $150,000 | $173,800 |
| 1998 | $3,890 | +3.2% | $23,800 | $150,000 | $173,800 |
| 1997 | $3,768 | +3.9% | $23,800 | $150,000 | $173,800 |
| 1996 | $3,627 | +8.9% | $23,800 | $150,000 | $173,800 |
| 1995 | $3,332 | +115.9% | $23,800 | $150,000 | $173,800 |
| 1994 | $1,543 | 0.0% | $23,800 | $150,000 | $173,800 |
| 1993 | $1,543 | 0.0% | $8,000 | $33,200 | $41,200 |
| 1992 | $1,543 | 0.0% | $8,000 | $33,200 | $41,200 |
| 1991 | $1,543 | +7.6% | $8,000 | $33,200 | $41,200 |
| 1990 | $1,434 | +6.1% | $8,000 | $33,200 | $41,200 |
| 1989 | $1,351 | — | $8,000 | $33,200 | $41,200 |
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Sign in to see sale prices and dates
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