20 Lake Ave Somerset, NJ 08873

Built 1962 · ResidentialRecent mortgage Jun 30, 20261 owner signal on a paid plan
Assessed
$477,500
Last sale
$229,900Sep 28, 2009
Built
1962
Size
1,502 sq ft
Status
No open cases

Property information

Block
351
Lot
22
Qualifier
—
County
Somerset
Municipality
Franklin Twp
Tax map page
6101
Land description
75X150

Building details

Building class
17
Description
1SF 1G
Dwellings
1
Zoning
R20
Square feet
1,502
Acreage
0.26 ac

Assessment

Land value
$311,300
65%
Improvement value
$166,200
35%
Total assessment
$477,500
Sale assessment
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Tax (2024)
$7,744

Records

Recent mortgage
Jun 30, 2026

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 · 1962–2026

Sign in to see the parties and documents

  • Mortgage discharged

    Instrument2026019484CountySomerset
  • Mortgage recorded

    Instrument2026018203CountySomerset
  • 9 years
  • Lis pendens

    Instrument2017043416CountySomerset
  • Foreclosure Case

    1. Filed
    2. Dismissed
    Last activity: May 2, 2018
    Type: Residential Mortgage Foreclosure
    Status: Closed
    Disposition: Dismissed By Court Without Prejudice
    CourtGeneral Equity
  • Mortgage recorded

    Instrument2015050476CountySomerset
  • Mortgage assigned

    Instrument2013036798CountySomerset
  • Mortgage assigned

    Instrument2012050301CountySomerset
  • Deed recorded

    +461% vs 1975
    $229,900
    Held34.2 yrs
  • Mortgage recorded

    Instrument2009054087CountySomerset
  • Notice of settlement recorded

    Instrument2009045709CountySomerset
  • Notice of settlement recorded

    Instrument2009045710CountySomerset
  • 5 years
  • Notice of settlement recorded

    Instrument2004075307CountySomerset
  • 29 years
  • Deed recorded

    $41,000
  • 14 years
  • Property Built

YearProperty taxChangeLandImprovementAssessment
2024$7,744+8.1%$311,300$166,200$477,500
2023$7,166+11.1%$311,300$113,700$425,000
2022$6,451+1.0%$225,700$113,700$339,400
2021$6,390+6.3%$175,700$113,700$289,400
2020$6,013+11.9%$165,700$113,700$279,400
2019$5,373-0.4%$145,700$113,700$259,400
2018$5,393-0.8%$115,700$113,700$229,400
2017$5,439+0.7%$115,700$113,700$229,400
2016$5,402+1.5%$115,700$113,700$229,400
2015$5,322+1.4%$115,700$113,700$229,400
2014$5,249+3.3%$115,700$113,700$229,400
2013$5,079+4.2%$115,700$113,700$229,400
2012$4,872+4.8%$115,700$113,700$229,400
2011$4,650-7.7%$115,700$113,700$229,400
2010$5,041-18.5%$115,700$113,700$229,400
2009$6,189+2.4%$135,700$132,700$268,400
2008$6,041+1.6%$146,500$167,000$313,500
2007$5,947+11.3%$146,500$167,000$313,500
2006$5,343+9.4%$146,500$167,000$313,500
2005$4,882+8.4%$111,500$155,100$266,600
2004$4,504+7.3%$101,500$126,400$227,900
2003$4,199+3.3%$71,500$126,400$197,900
2002$4,063+6.9%$64,500$120,800$185,300
2001$3,800+1.3%$59,500$111,500$171,000
2000$3,751+10.0%$59,500$96,700$156,200
1999$3,410+13.9%$54,500$92,900$147,400
1998$2,994+3.2%$52,500$91,300$143,800
1997$2,901+1.8%$42,500$91,300$133,800
1996$2,849+8.9%$42,500$91,300$133,800
1995$2,617+18.8%$45,200$91,300$136,500
1994$2,2030.0%$45,200$91,300$136,500
1993$2,2030.0%$16,900$41,900$58,800
1992$2,2030.0%$16,900$41,900$58,800
1991$2,203+7.6%$16,900$41,900$58,800
1990$2,046+6.1%$16,900$41,900$58,800
1989$1,928—$16,900$41,900$58,800