12 Lake Ave Somerset, NJ 08873

Built 1973 · ResidentialNew owner since Mar 20, 2026Recent mortgage Mar 20, 20261 owner signal on a paid plan
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Assessed
$544,200
Last sale
$585,000Mar 20, 2026
Built
1973
Size
0.28 ac
Owner
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Status
No open cases

Property information

Block
351
Lot
26
Qualifier
—
County
Somerset
Municipality
Franklin Twp
Tax map page
6101
Land description
80X150

Building details

Building class
17
Description
2SF 2G
Dwellings
1
Zoning
R20
Square feet
—
Acreage
0.28 ac

Assessment

Land value
$312,200
57%
Improvement value
$232,000
43%
Total assessment
$544,200
Sale assessment
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Tax (2024)
$8,582

Records

Recent mortgage
Mar 20, 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.

6 events · 1973–2026

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  • Deed recorded

    +875% vs 1978
    $585,000
    Held22.0 yrs
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  • Mortgage recorded

    Instrument2026007714CountySomerset
    View document

  • Notice of settlement recorded

    Instrument2026005848CountySomerset
    View document
  • 48 years

  • Deed recorded

    $60,000
  • 6 years

  • Property Built

YearProperty taxChangeLandImprovementAssessment
2024$8,582+6.6%$312,200$232,000$544,200
2023$8,051+7.8%$312,200$158,800$471,000
2022$7,467+0.5%$226,200$158,800$385,000
2021$7,433+5.1%$176,200$158,800$335,000
2020$7,070+9.8%$166,200$158,800$325,000
2019$6,441-0.4%$146,200$158,800$305,000
2018$6,465-0.8%$116,200$158,800$275,000
2017$6,520+0.7%$116,200$158,800$275,000
2016$6,476+1.5%$116,200$158,800$275,000
2015$6,380+1.4%$116,200$158,800$275,000
2014$6,292+3.3%$116,200$158,800$275,000
2013$6,089+4.2%$116,200$158,800$275,000
2012$5,841+4.8%$116,200$158,800$275,000
2011$5,574+0.6%$116,200$158,800$275,000
2010$5,540-18.7%$116,200$158,800$275,000
2009$6,812+2.4%$136,200$158,800$295,000
2008$6,650+1.6%$146,900$198,200$345,100
2007$6,547+9.6%$146,900$198,200$345,100
2006$5,972+9.3%$146,900$198,200$345,100
2005$5,464+4.4%$111,900$186,100$298,000
2004$5,235+5.3%$101,900$153,200$255,100
2003$4,972+3.3%$71,900$158,100$230,000
2002$4,811+7.8%$64,900$154,500$219,400
2001$4,465+0.9%$59,900$142,600$202,500
2000$4,423+10.1%$59,900$123,600$183,500
1999$4,019+12.6%$54,900$118,900$173,800
1998$3,570+3.2%$52,900$116,600$169,500
1997$3,458+2.2%$42,900$116,600$159,500
1996$3,385+8.9%$42,900$116,600$159,500
1995$3,109+17.4%$45,600$116,600$162,200
1994$2,6480.0%$45,600$116,600$162,200
1993$2,6480.0%$18,000$52,700$70,700
1992$2,6480.0%$18,000$52,700$70,700
1991$2,648+7.6%$18,000$52,700$70,700
1990$2,460+6.1%$18,000$52,700$70,700
1989$2,318—$18,000$52,700$70,700

All 25 lots on Block 351