25 Lake Ave Somerset, NJ 08873

Built 1950 · Residential1 owner signal on a paid plan
Assessed
$592,100
Last sale
$480,000May 22, 2023
Built
1950
Size
1,653 sq ft
Status
No open cases

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

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

30 events · 1950–2023

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  • Mortgage discharged

    Instrument2023013952CountySomerset
  • Deed recorded

    +42% vs 2019
    $480,000
    Held3.8 yrs
  • Mortgage recorded

    Instrument2023012554CountySomerset
  • Notice of settlement recorded

    Instrument2023010338CountySomerset
  • Mortgage discharged

    Instrument2021053611CountySomerset
  • Mortgage recorded

    Instrument2021047478CountySomerset
  • Mortgage discharged

    Instrument2019032384CountySomerset
  • Deed recorded

    +70% vs 2016
    $339,000
    Held3.3 yrs
  • Mortgage recorded

    Instrument2019030119CountySomerset
  • Notice of settlement recorded

    Instrument2019028894CountySomerset
  • Deed recorded

    +29% vs 2014
    $200,000
    Held1.5 yrs
  • Mortgage recorded

    Instrument2016013916CountySomerset
  • Notice of settlement recorded

    Instrument2016010372CountySomerset
  • Notice of settlement recorded

    Instrument2016010373CountySomerset
  • Notice of settlement recorded

    Instrument2014036591CountySomerset
  • Deed recorded

    -11% vs 2014
    $155,000
    Held0 mo
  • Deed recorded

    -42% vs 2004
    $175,000
    Held10.0 yrs
  • Notice of settlement recorded

    Instrument2014034842CountySomerset
  • 5 years
  • Mortgage assigned

    Instrument2010004432CountySomerset
  • Foreclosure Case

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

    Instrument2005074209CountySomerset
  • Mortgage recorded

    Instrument2005068639CountySomerset
  • Mortgage discharged

    Instrument2004082544CountySomerset
  • Deed recorded

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

    Instrument2004078960CountySomerset
  • Mortgage discharged

    Instrument2003103724CountySomerset
  • Mortgage recorded

    Instrument2003099716CountySomerset
  • Mortgage recorded

    Instrument2001367910CountySomerset
  • 6 years
  • Deed recorded

    $130,000
  • 46 years
  • Property Built

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
2016$6,507+1.5%$116,600$159,700$276,300
2015$6,410+1.4%$116,600$159,700$276,300
2014$6,322+3.3%$116,600$159,700$276,300
2013$6,117+4.2%$116,600$159,700$276,300
2012$5,869+4.8%$116,600$159,700$276,300
2011$5,601+0.6%$116,600$159,700$276,300
2010$5,565-18.5%$116,600$159,700$276,300
2009$6,824+2.4%$136,600$159,700$296,300
2008$6,662+1.6%$147,300$198,400$345,700
2007$6,558+10.4%$147,300$198,400$345,700
2006$5,942+27.7%$147,300$198,400$345,700
2005$4,652+4.2%$112,300$184,200$296,500
2004$4,466+8.0%$102,300$114,900$217,200
2003$4,133+2.5%$72,300$123,900$196,200
2002$4,032+6.9%$65,300$117,100$182,400
2001$3,774+1.3%$60,300$109,400$169,700
2000$3,726+11.6%$60,300$94,800$155,100
1999$3,338+14.0%$55,300$91,100$146,400
1998$2,927+3.2%$53,300$87,500$140,800
1997$2,836+14.1%$43,300$87,500$130,800
1996$2,486+10.0%$43,300$87,500$130,800
1995$2,259+7.3%$46,000$87,500$133,500
1994$2,1050.0%$46,000$87,500$133,500
1993$2,1050.0%$17,800$46,400$64,200
1992$2,1050.0%$17,800$46,400$64,200
1991$2,105+8.8%$17,800$46,400$64,200
1990$1,934+7.1%$17,800$46,400$64,200
1989$1,805—$17,800$46,400$64,200