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25 Lake Ave Somerset, NJ 08873

Built 1950ResidentialForeclosure Judgment
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Assessed
$592,100
Last sale
$480,000May 22, 2023
Built
1950
Size
1,653 sq ft
Owner
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Status
Foreclosure Judgment

Property information

Block
350
Lot
7
Qualifier
—
County
Somerset
Municipality
Franklin Twp
Tax map page
6101
Land description
75X175

Building details

Building class
17
Description
1SB
Dwellings
1
Zoning
R20
Square feet
1,653
Acreage
0.3 ac

Assessment

Land value
$313,100
53%
Improvement value
$279,000
47%
Total assessment
$592,100
Sale assessment
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Tax (2024)
$9,183

Owner mailing

Street address
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Property information on this site is compiled from public sources and is provided as-is; we do not guarantee its accuracy.

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  5. Somerset County
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  7. Franklin Twp
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  9. Block 350
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  11. 25 Lake Ave, Somerset, NJ 08873

30 events · 1950–2023
Sales7Foreclosures1Mortgages8Assignments and discharges7Notices of settlement6
  • 2023Jun 6

    Mortgage discharged

    Instrument2023013952CountySomerset
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  • 2023May 22

    Deed recorded

    +42% vs 2019
    $480,000
    Held3.8 yrs
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  • 2023May 22

    Mortgage recorded

    Instrument2023012554CountySomerset
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  • 2023Apr 26

    Notice of settlement recorded

    Instrument2023010338CountySomerset
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  • 2021Sep 3

    Mortgage discharged

    Instrument2021053611CountySomerset
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  • 2021Aug 5

    Mortgage recorded

    Instrument2021047478CountySomerset
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  • 2019Sep 3

    Mortgage discharged

    Instrument2019032384CountySomerset
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  • 2019Aug 16

    Deed recorded

    +70% vs 2016
    $339,000
    Held3.3 yrs
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  • 2019Aug 16

    Mortgage recorded

    Instrument2019030119CountySomerset
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  • 2019Aug 8

    Notice of settlement recorded

    Instrument2019028894CountySomerset
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  • 2016Apr 14

    Deed recorded

    +29% vs 2014
    $200,000
    Held1.5 yrs
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  • 2016Apr 14

    Mortgage recorded

    Instrument2016013916CountySomerset
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  • 2016Mar 21

    Notice of settlement recorded

    Instrument2016010372CountySomerset
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  • 2016Mar 21

    Notice of settlement recorded

    Instrument2016010373CountySomerset
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  • 2014Sep 30

    Notice of settlement recorded

    Instrument2014036591CountySomerset
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  • 2014Sep 26

    Deed recorded

    -11% vs 2014
    $155,000
    Held0 mo
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  • 2014Sep 18

    Deed recorded

    -42% vs 2004
    $175,000
    Held10.0 yrs
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  • 2014Sep 17

    Notice of settlement recorded

    Instrument2014034842CountySomerset
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  • 5 years
  • 2010Jan 29

    Mortgage assigned

    Instrument2010004432CountySomerset
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  • 2009Jun 5

    Foreclosure Case

    1. Filed
    2. Judgment
    3. Sheriff sale
    Type: Residential Mortgage Foreclosure
    Status: Defaulted
    Disposition: Default Judgment
    CourtGeneral Equity

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  • 2005Oct 3

    Mortgage discharged

    Instrument2005074209CountySomerset

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  • 2005Sep 14

    Mortgage recorded

    Instrument2005068639CountySomerset

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  • 2004Sep 30

    Mortgage discharged

    Instrument2004082544CountySomerset

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  • 2004Sep 17

    Deed recorded

    +133% vs 1995
    $303,000
    Held9.0 yrs

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  • 2004Sep 17

    Mortgage recorded

    Instrument2004078960CountySomerset

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  • 2003Aug 19

    Mortgage discharged

    Instrument2003103724CountySomerset

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  • 2003Aug 11

    Mortgage recorded

    Instrument2003099716CountySomerset

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  • 2001Oct 22

    Mortgage recorded

    Instrument2001367910CountySomerset

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  • 6 years
  • 1995Aug 31

    Deed recorded

    $130,000

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  • 46 years
  • 1950

    Property Built

36 years · 1989–2024
YearProperty taxChangeLandImprovementAssessment
2024$9,183+5.8%$313,100$279,000$592,100
2023$8,682+15.8%$313,100$190,900$504,000
2022$7,496+0.5%$226,600$173,500$400,100
2021$7,462+5.1%$176,600$159,700$336,300
2020$7,100+9.7%$166,600$159,700$326,300
2019$6,471-0.4%$146,600$159,700$306,300
2018$6,496-0.8%$116,600$159,700$276,300
2017$6,551+0.7%$116,600$159,700$276,300

40 Lake Ave., Somerset, NJ 08873Residential1,683 sq ftAssessed $482,5000.11 mi away+2% sq ftView details15 Lake Ave, Somerset, NJ 08873Residential1,656 sq ftAssessed $548,1000.07 mi awaysame sizeView details448 Wheeler Pl, Somerset, NJ 08873Residential1,716 sq ftAssessed $476,7000.15 mi away+4% sq ftView details1071 Hamilton St, Somerset, NJ 08873Residential1,632 sq ftAssessed $516,5000.50 mi away-1% sq ftView details456 Girard Ave, Somerset, NJ 08873Residential1,712 sq ftAssessed $457,4000.41 mi away+4% sq ftView details

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  • 11 Lake Ave, Somerset, NJ 08873Lot 1
  • 15 Lake Ave, Somerset, NJ 08873Lot 2
  • 17 Lake Ave, Somerset, NJ 08873Lot 3
  • 19 Lake Ave, Somerset, NJ 08873Lot 4
  • 21 Lake Ave, Somerset, NJ 08873Lot 5
  • 23 Lake Ave, Somerset, NJ 08873Lot 6
  • 27 Lake Ave, Somerset, NJ 08873Lot 8
  • 31 Lake Ave, Somerset, NJ 08873Lot 10
  • 33 Lake Ave, Somerset, NJ 08873Lot 11
  • 35 Lake Ave, Somerset, NJ 08873Lot 12
  • 37 Lake Ave, Somerset, NJ 08873Lot 13
  • 39 Lake Ave, Somerset, NJ 08873Lot 14
All 23 lots on Block 350