2 Bloomfield Ave Somerset, NJ 08873

Tax lien soldBuilt 1965 · CommercialRecent mortgage May 8, 20261 owner signal on a paid plan
Assessed
$1,013,000
Last sale
$500,000Apr 6, 2022
Built
1965
Size
5,362 sq ft
Status
No open cases

Property information

Block
324
Lot
7
Qualifier
—
County
Somerset
Municipality
Franklin Twp
Tax map page
8204
Land description
260X194

Building details

Building class
10
Description
1.5SF
Dwellings
1
Zoning
OP
Square feet
5,362
Acreage
1.16 ac

Assessment

Land value
$522,000
52%
Improvement value
$491,000
48%
Total assessment
$1,013,000
Sale assessment
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Tax (2024)
$18,457

Records

Recent mortgage
May 8, 2026
Tax lien sold
Nov 7, 2025

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.

14 events · 1965–2026

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  • Mortgage recorded

    Instrument2026012915CountySomerset
  • Sheriff Sale: Outcome Unknown

  • Lis pendens

    Instrument2024025113CountySomerset
  • Notice of settlement recorded

    Instrument2024024048CountySomerset
  • Foreclosure Case

    Sheriff Sale — Outcome Unknown
    1. Filed
    2. Judgment
    3. Sale scheduled
    4. Sheriff sale
    Last activity: Mar 27, 2025
    Type: Commercial Mortgage Foreclosure
    Status: Defaulted
    Disposition: Default Judgment
    CourtGeneral Equity
  • Deed recorded

    -9% vs 2001
    $500,000
    Held20.8 yrs
  • Mortgage recorded

    Instrument2022014066CountySomerset
  • Mortgage assigned

    Instrument2022014067CountySomerset
  • Notice of settlement recorded

    Instrument2022009045CountySomerset
  • 4 years
  • Foreclosure Case

    1. Filed
    2. Judgment
    3. Dismissed
    Last activity: Feb 22, 2019
    Type: Commercial Mortgage Foreclosure
    Status: Closed
    Disposition: Dismissed By Court Without Prejudice
    CourtGeneral Equity
  • 17 years
  • Deed recorded

    +106% vs 1996
    $550,000
    Held4.5 yrs
  • 5 years
  • Deed recorded

    -52% vs 1985
    $267,000
    Held11.3 yrs
  • 11 years
  • Deed recorded

    $560,000
  • 21 years
  • Property Built

YearProperty taxChangeLandImprovementAssessment
2024$18,457-6.1%$522,000$491,000$1,013,000
2023$19,652-13.0%$522,000$491,000$1,013,000
2022$22,580-2.5%$522,000$491,000$1,013,000
2021$23,167-1.3%$522,000$491,000$1,013,000
2020$23,481-1.0%$522,000$491,000$1,013,000
2019$23,724-0.4%$522,000$491,000$1,013,000
2018$23,816-0.8%$522,000$491,000$1,013,000
2017$24,018+0.7%$522,000$491,000$1,013,000
2016$23,856+1.5%$522,000$491,000$1,013,000
2015$23,502+1.4%$522,000$491,000$1,013,000
2014$23,177+3.3%$522,000$491,000$1,013,000
2013$22,428+4.2%$522,000$491,000$1,013,000
2012$21,516+4.8%$522,000$491,000$1,013,000
2011$20,534+7.9%$522,000$491,000$1,013,000
2010$19,024+38.5%$522,000$491,000$1,013,000
2009$13,739+2.4%$522,000$491,000$1,013,000
2008$13,412+1.6%$297,500$398,500$696,000
2007$13,203+1.4%$297,500$398,500$696,000
2006$13,026+1.7%$297,500$398,500$696,000
2005$12,809+2.7%$257,500$392,500$650,000
2004$12,472+6.3%$247,500$350,500$598,000
2003$11,738-5.4%$197,500$350,500$548,000
2002$12,406+6.7%$167,500$350,500$518,000
2001$11,628-3.8%$167,500$350,500$518,000
2000$12,089+7.3%$167,500$307,500$475,000
1999$11,262-7.1%$167,500$307,500$475,000
1998$12,123+3.2%$167,500$307,500$475,000
1997$11,744+3.9%$167,500$374,200$541,700
1996$11,305+8.9%$167,500$374,200$541,700
1995$10,384+11.7%$167,500$374,200$541,700
1994$9,2980.0%$167,500$374,200$541,700
1993$9,2980.0%$93,100$116,900$210,000
1992$9,2980.0%$93,100$155,100$248,200
1991$9,298+7.6%$93,100$155,100$248,200
1990$8,637+6.1%$93,100$155,100$248,200
1989$8,138—$93,100$155,100$248,200