387 Somerset St Somerset, NJ 08873

Built 1940 · Commercial1 owner signal on a paid plan
Assessed
$400,000
Last sale
$390,000Feb 2, 2017
Built
1940
Size
2,420 sq ft
Status
No open cases

Property information

Block
184
Lot
12
Qualifier
—
County
Somerset
Municipality
Franklin Twp
Tax map page
8002
Land description
25X100

Building details

Building class
10
Description
2SF 1G
Dwellings
1
Zoning
RC
Square feet
2,420
Acreage
0.06 ac

Assessment

Land value
$135,000
34%
Improvement value
$265,000
66%
Total assessment
$400,000
Sale assessment
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Tax (2024)
$7,288

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.

13 events · 1940–2017

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  • Deed recorded

    +179% vs 2000
    $390,000
    Held16.3 yrs
  • Mortgage recorded

    Instrument2017005204CountySomerset
  • Mortgage discharged

    Instrument2017005201CountySomerset
  • Mortgage discharged

    Instrument2017005202CountySomerset
  • Mortgage discharged

    Instrument2016048566CountySomerset
  • Notice of settlement recorded

    Instrument2016038588CountySomerset
  • Mortgage recorded

    Instrument2016023012CountySomerset
  • 8 years
  • Mortgage recorded

    Instrument2008043605CountySomerset
  • Notice of settlement recorded

    Instrument2008024934CountySomerset
  • 6 years
  • Mortgage recorded

    Instrument2002071760CountySomerset
  • Deed recorded

    +600% vs 1975
    $140,000
    Held24.9 yrs
  • 25 years
  • Deed recorded

    $20,000
  • 36 years
  • Property Built

YearProperty taxChangeLandImprovementAssessment
2024$7,288+1.5%$135,000$265,000$400,000
2023$7,178+0.0%$135,000$265,000$400,000
2022$7,177-2.5%$135,000$235,000$370,000
2021$7,364-1.3%$135,000$187,000$322,000
2020$7,464-1.0%$135,000$187,000$322,000
2019$7,541-0.4%$135,000$187,000$322,000
2018$7,570-0.8%$135,000$187,000$322,000
2017$7,635+0.7%$135,000$187,000$322,000
2016$7,583+1.5%$135,000$187,000$322,000
2015$7,470+1.4%$135,000$187,000$322,000
2014$7,367+3.3%$135,000$187,000$322,000
2013$7,129+4.2%$135,000$187,000$322,000
2012$6,839+4.8%$135,000$187,000$322,000
2011$6,527+7.9%$135,000$187,000$322,000
2010$6,047+28.2%$135,000$187,000$322,000
2009$4,718+2.4%$135,000$187,000$322,000
2008$4,606+1.6%$132,300$106,700$239,000
2007$4,534+4.7%$132,300$106,700$239,000
2006$4,329-3.3%$132,300$106,700$239,000
2005$4,477+9.9%$109,300$106,700$216,000
2004$4,074+13.1%$102,300$106,700$209,000
2003$3,603-2.3%$72,300$106,700$179,000
2002$3,688-0.9%$52,300$106,700$159,000
2001$3,721-3.2%$47,300$106,700$154,000
2000$3,843+11.8%$45,300$106,700$152,000
1999$3,438+4.1%$44,300$106,700$151,000
1998$3,301+3.9%$38,300$106,700$145,000
1997$3,176+6.6%$40,800$106,700$147,500
1996$2,980+8.9%$39,800$106,700$146,500
1995$2,737+117.5%$36,100$106,700$142,800
1994$1,2590.0%$36,100$106,700$142,800
1993$1,2590.0%$3,800$29,800$33,600
1992$1,2590.0%$3,800$29,800$33,600
1991$1,259+7.6%$3,800$29,800$33,600
1990$1,169+6.1%$3,800$29,800$33,600
1989$1,102—$3,800$29,800$33,600