32 Lake Ave Somerset, NJ 08873

Built 1955 · Residential2 owner signals on a paid plan
Assessed
$580,500
Last sale
$350,000Feb 28, 2018
Built
1955
Size
1,552 sq ft
Status
No open cases

Property information

Block
351
Lot
16
Qualifier
—
County
Somerset
Municipality
Franklin Twp
Tax map page
6101
Land description
75X150

Building details

Building class
17
Description
1.5SF 1G
Dwellings
1
Zoning
R20
Square feet
1,552
Acreage
0.26 ac

Assessment

Land value
$311,300
54%
Improvement value
$269,200
46%
Total assessment
$580,500
Sale assessment
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Tax (2024)
$9,028

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.

31 events · 1955–2021

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  • Mortgage discharged

    Instrument2021022073CountySomerset
  • Mortgage discharged

    Instrument2020008082CountySomerset
  • Mortgage recorded

    Instrument2020004763CountySomerset
  • Mortgage discharged

    Instrument2018008996CountySomerset
  • Deed recorded

    +4% vs 2016
    $350,000
    Held1.5 yrs
  • Mortgage recorded

    Instrument2018007753CountySomerset
  • Notice of settlement recorded

    Instrument2018003552CountySomerset
  • Deed recorded

    -11% vs 2007
    $335,000
    Held9.2 yrs
  • Mortgage recorded

    Instrument2016034144CountySomerset
  • Mortgage discharged

    Instrument2016033660CountySomerset
  • Mortgage discharged

    Instrument2012057594CountySomerset
  • Mortgage recorded

    Instrument2012054796CountySomerset
  • 4 years
  • Mortgage discharged

    Instrument2008017396CountySomerset
  • Mortgage discharged

    Instrument2008015375CountySomerset
  • Mortgage recorded

    Instrument2008011451CountySomerset
  • Mortgage discharged

    Instrument2007041527CountySomerset
  • Mortgage recorded

    Instrument2007038901CountySomerset
  • Mortgage discharged

    Instrument2007035256CountySomerset
  • Deed recorded

    +50% vs 2001
    $374,900
    Held5.8 yrs
  • Mortgage recorded

    Instrument2007031697CountySomerset
  • Mortgage recorded

    Instrument2007031696CountySomerset
  • Mortgage recorded

    Instrument2004022143CountySomerset
  • Mortgage discharged

    Instrument2003058108CountySomerset
  • Mortgage recorded

    Instrument2003045057CountySomerset
  • Notice of settlement recorded

    Instrument2003037637CountySomerset
  • Deed recorded

    +4900% vs 1996
    $250,000
    Held5.3 yrs
  • Mortgage recorded

    Instrument2001345934CountySomerset
  • Notice of settlement recorded

    Instrument2001340773CountySomerset
  • 5 years
  • Deed recorded

    -97% vs 1987
    $5,000
    Held8.7 yrs
  • 9 years
  • Deed recorded

    $152,900
  • 33 years
  • Property Built

YearProperty taxChangeLandImprovementAssessment
2024$9,028+5.8%$311,300$269,200$580,500
2023$8,534+6.3%$311,300$184,200$495,500
2022$8,027+0.2%$225,700$184,200$409,900
2021$8,007+4.6%$175,700$184,400$360,100
2020$7,652+8.9%$165,700$184,400$350,100
2019$7,028-0.4%$145,700$184,400$330,100
2018$7,055+2.9%$115,700$184,400$300,100
2017$6,859+0.7%$115,700$184,400$300,100
2016$6,813+1.5%$115,700$173,600$289,300
2015$6,712+1.4%$115,700$173,600$289,300
2014$6,619+3.3%$115,700$173,600$289,300
2013$6,405+4.2%$115,700$173,600$289,300
2012$6,145+4.8%$115,700$173,600$289,300
2011$5,864+1.0%$115,700$173,600$289,300
2010$5,809-8.1%$115,700$173,600$289,300
2009$6,319+2.4%$135,700$173,600$309,300
2008$6,168+1.6%$146,500$173,600$320,100
2007$6,072+10.4%$146,500$173,600$320,100
2006$5,501+7.9%$146,500$173,600$320,100
2005$5,100+4.1%$111,500$163,000$274,500
2004$4,898+6.3%$101,500$136,600$238,100
2003$4,609+15.9%$71,500$143,700$215,200
2002$3,975+6.9%$64,500$138,900$203,400
2001$3,720+1.3%$59,500$107,800$167,300
2000$3,672+11.7%$59,500$93,400$152,900
1999$3,289+14.2%$54,500$89,800$144,300
1998$2,880+3.2%$52,500$86,200$138,700
1997$2,790+1.7%$42,500$86,200$128,700
1996$2,742+8.9%$42,500$86,200$128,700
1995$2,519+19.2%$45,200$86,200$131,400
1994$2,1130.0%$45,200$86,200$131,400
1993$2,1130.0%$16,900$39,500$56,400
1992$2,1130.0%$16,900$39,500$56,400
1991$2,113+7.6%$16,900$39,500$56,400
1990$1,963+6.1%$16,900$39,500$56,400
1989$1,849—$16,900$39,500$56,400