16 Lake Ave Somerset, NJ 08873
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Property flags
Built 1955 · Residential1 owner signal on a paid plan
- Assessed
- $624,900
- Last sale
- $590,000Dec 19, 2024
- Built
- 1955
- Size
- 1,517 sq ft
- Status
- No open cases
Property information
- Block
- 351
- Lot
- 24
- Qualifier
- —
- County
- Somerset
- Municipality
- Franklin Twp
- Tax map page
- 6101
- Land description
- 72X150
Building details
- Building class
- 17
- Description
- 1SB 2G
- Dwellings
- 1
- Zoning
- R20
- Square feet
- 1,517
- Acreage
- 0.25 ac
Assessment
- Land value
- $310,900
- 50%
- Improvement value
- $314,000
- 50%
- Total assessment
- $624,900
- Sale assessment
- Sign in to see
- Tax (2024)
- $9,578
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.
26 events · 1955–202426events19552024
Sign in to see the parties and documents
- 6 years
- 5 years
Mortgage recorded
Instrument2008040371CountySomersetMortgage recorded
Instrument2005092031CountySomersetMortgage discharged
Instrument2003043575CountySomersetMortgage recorded
Instrument2002022449CountySomerset- 9 years
- $131,000
Deed recorded
+102% vs 1983Held9.9 yrs - 10 years
- $65,000
Deed recorded
- 28 years
Property Built
| Year | Property tax | Change | Land | Improvement | Assessment |
|---|---|---|---|---|---|
| 2024 | $9,578 | +5.0% | $310,900 | $314,000 | $624,900 |
| 2023 | $9,124 | +8.2% | $310,900 | $214,800 | $525,700 |
| 2022 | $8,435 | +0.1% | $225,500 | $202,900 | $428,400 |
| 2021 | $8,425 | +4.3% | $175,500 | $202,900 | $378,400 |
| 2020 | $8,076 | +8.3% | $165,500 | $202,900 | $368,400 |
| 2019 | $7,457 | -0.4% | $145,500 | $202,900 | $348,400 |
| 2018 | $7,486 | -0.8% | $115,500 | $202,900 | $318,400 |
| 2017 | $7,549 | +0.7% | $115,500 | $202,900 | $318,400 |
| 2016 | $7,498 | +1.5% | $115,500 | $202,900 | $318,400 |
| 2015 | $7,387 | +1.4% | $115,500 | $202,900 | $318,400 |
| 2014 | $7,285 | +3.3% | $115,500 | $202,900 | $318,400 |
| 2013 | $7,049 | +4.2% | $115,500 | $202,900 | $318,400 |
| 2012 | $6,763 | +6.7% | $115,500 | $202,900 | $318,400 |
| 2011 | $6,340 | +1.4% | $115,500 | $202,900 | $318,400 |
| 2010 | $6,250 | -19.7% | $115,500 | $197,300 | $312,800 |
| 2009 | $7,782 | +2.4% | $135,500 | $197,300 | $332,800 |
| 2008 | $7,596 | +1.6% | $146,300 | $247,900 | $394,200 |
| 2007 | $7,478 | +9.3% | $146,300 | $247,900 | $394,200 |
| 2006 | $6,844 | +8.7% | $146,300 | $247,900 | $394,200 |
| 2005 | $6,297 | +19.8% | $111,300 | $230,200 | $341,500 |
| 2004 | $5,258 | +6.9% | $101,300 | $192,700 | $294,000 |
| 2003 | $4,917 | +3.4% | $71,300 | $159,700 | $231,000 |
| 2002 | $4,757 | +7.8% | $64,300 | $152,700 | $217,000 |
| 2001 | $4,413 | +1.0% | $59,300 | $140,900 | $200,200 |
| 2000 | $4,370 | +11.7% | $59,300 | $122,100 | $181,400 |
| 1999 | $3,912 | +12.8% | $54,300 | $117,400 | $171,700 |
| 1998 | $3,469 | +3.2% | $52,300 | $112,700 | $165,000 |
| 1997 | $3,360 | +2.1% | $42,300 | $112,700 | $155,000 |
| 1996 | $3,291 | +8.9% | $42,300 | $112,700 | $155,000 |
| 1995 | $3,023 | +7.2% | $45,000 | $112,700 | $157,700 |
| 1994 | $2,821 | 0.0% | $45,000 | $112,700 | $157,700 |
| 1993 | $2,821 | 0.0% | $16,400 | $58,900 | $75,300 |
| 1992 | $2,821 | 0.0% | $16,400 | $58,900 | $75,300 |
| 1991 | $2,821 | +7.6% | $16,400 | $58,900 | $75,300 |
| 1990 | $2,620 | +6.1% | $16,400 | $58,900 | $75,300 |
| 1989 | $2,469 | — | $16,400 | $58,900 | $75,300 |
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Sign in to see sale prices and dates
- 13 Hill Ave, Somerset, NJ 08873Lot 1
- 15 Hill Ave, Somerset, NJ 08873Lot 2
- 17 Hill Ave, Somerset, NJ 08873Lot 3
- 19 Hill Ave, Somerset, NJ 08873Lot 4
- 21 Hill Ave, Somerset, NJ 08873Lot 5
- 23 Hill Ave, Somerset, NJ 08873Lot 6
- 25 Hill Ave, Somerset, NJ 08873Lot 7
- 27 Hill Ave, Somerset, NJ 08873Lot 8
- 29 Hill Ave, Somerset, NJ 08873Lot 9
- 31 Hill Ave, Somerset, NJ 08873Lot 10
- 10 Kuhn St, Somerset, NJ 08873Lot 11
- 40 Lake Ave., Somerset, NJ 08873Lot 12
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