12 Lake Ave Somerset, NJ 08873
Built 1973Residential
- 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
Owner mailing
- Street address
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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
Sales2Mortgages1Notices of settlement1
Notice of settlement recorded
Instrument2026005848CountySomerset- 48 years
- $60,000
Deed recorded
- 6 years
Property Built
36 years · 1989–2024
| Year | Property tax | Change | Land | Improvement | Assessment |
|---|---|---|---|---|---|
| 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 |
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