49 Drake Rd Somerset, NJ 08873

Built 1963 · Residential1 owner signal on a paid plan
Assessed
$556,200
Last sale
$100,000Sep 10, 2021
Built
1963
Size
2,216 sq ft
Status
No open cases

Property information

Block
361
Lot
42
Qualifier
—
County
Somerset
Municipality
Franklin Twp
Tax map page
8301
Land description
80X255

Building details

Building class
17
Description
2SF 1G
Dwellings
1
Zoning
R10
Square feet
2,216
Acreage
0.47 ac

Assessment

Land value
$295,900
53%
Improvement value
$260,300
47%
Total assessment
$556,200
Sale assessment
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Tax (2024)
$8,636

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 · 1963–2021

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  • Mortgage discharged

    Instrument2021057571CountySomerset
  • Deed recorded

    -70% vs 2004
    $100,000
    Held17.1 yrs
  • Mortgage recorded

    Instrument2021054665CountySomerset
  • Notice of settlement recorded

    Instrument2021049625CountySomerset
  • 8 years
  • Mortgage discharged

    Instrument2013009889CountySomerset
  • Mortgage recorded

    Instrument2013006325CountySomerset
  • Notice of settlement recorded

    Instrument2013001964CountySomerset
  • 8 years
  • Deed recorded

    +85% vs 1998
    $331,500
    Held5.9 yrs
  • Mortgage recorded

    Instrument2004064315CountySomerset
  • Mortgage assigned

    Instrument2004064316CountySomerset
  • Notice of settlement recorded

    Instrument2004053705CountySomerset
  • 6 years
  • Deed recorded

    +631% vs 1966
    $179,000
    Held32.2 yrs
  • 32 years
  • Deed recorded

    $24,500
  • Property Built

YearProperty taxChangeLandImprovementAssessment
2024$8,636+2.0%$295,900$260,300$556,200
2023$8,468+10.8%$295,900$178,100$474,000
2022$7,645-0.1%$224,400$178,100$402,500
2021$7,650+1.2%$164,900$178,100$343,000
2020$7,557+3.0%$156,400$178,100$334,500
2019$7,337+3.9%$147,900$178,100$326,000
2018$7,065+2.0%$135,200$178,100$313,300
2017$6,923+5.3%$122,400$178,100$300,500
2016$6,578+3.1%$113,900$178,100$292,000
2015$6,380+4.6%$101,200$178,100$279,300
2014$6,098-5.7%$96,900$178,100$275,000
2013$6,465-0.1%$88,400$178,100$266,500
2012$6,474+4.8%$113,900$178,100$292,000
2011$6,178-1.6%$126,700$178,100$304,800
2010$6,282-17.1%$126,700$178,100$304,800
2009$7,582+2.4%$156,400$178,100$334,500
2008$7,402+1.6%$183,800$200,300$384,100
2007$7,286+3.9%$183,800$200,300$384,100
2006$7,010+8.2%$183,800$200,300$384,100
2005$6,480-0.8%$163,800$186,000$349,800
2004$6,534+13.8%$150,800$151,700$302,500
2003$5,740+11.4%$131,800$155,300$287,100
2002$5,154+11.7%$104,800$148,500$253,300
2001$4,613+2.1%$79,800$137,100$216,900
2000$4,517+7.8%$70,800$118,800$189,600
1999$4,189+7.2%$63,300$114,200$177,500
1998$3,907+3.3%$65,300$113,500$178,800
1997$3,783+4.8%$63,300$113,500$176,800
1996$3,609+9.0%$63,300$113,500$176,800
1995$3,311+17.1%$61,800$113,500$175,300
1994$2,8270.0%$61,800$113,500$175,300
1993$2,8270.0%$20,500$56,300$76,800
1992$2,8270.0%$20,500$56,300$76,800
1991$2,827+7.8%$20,500$56,300$76,800
1990$2,623+12.5%$20,500$56,300$76,800
1989$2,331—$20,500$56,300$76,800