38 Drake Rd Somerset, NJ 08873

Built 1965 · ResidentialRecent mortgage Jun 10, 2026Long-term owner since Sep 4, 20021 owner signal on a paid plan
Assessed
$582,700
Last sale
$280,000Sep 4, 2002
Built
1965
Size
2,024 sq ft
Status
No open cases

Property information

Block
368
Lot
16
Qualifier
—
County
Somerset
Municipality
Franklin Twp
Tax map page
8301
Land description
80X125

Building details

Building class
17
Description
2SF1G
Dwellings
1
Zoning
R10
Square feet
2,024
Acreage
0.23 ac

Assessment

Land value
$320,000
55%
Improvement value
$262,700
45%
Total assessment
$582,700
Sale assessment
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Tax (2024)
$9,106

Records

Recent mortgage
Jun 10, 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.

18 events · 1965–2026

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  • Mortgage recorded

    Instrument2026016193CountySomerset
  • 5 years
  • Mortgage discharged

    Instrument2021032205CountySomerset
  • Mortgage recorded

    Instrument2021031695CountySomerset
  • Mortgage assigned

    Instrument2019002708CountySomerset
  • 6 years
  • Mortgage assigned

    Instrument2013036211CountySomerset
  • Mortgage discharged

    Instrument2012051713CountySomerset
  • 6 years
  • Mortgage discharged

    Instrument2007007121CountySomerset
  • Mortgage recorded

    Instrument2007005558CountySomerset
  • Mortgage recorded

    Instrument2007005555CountySomerset
  • Mortgage discharged

    Instrument2007005296CountySomerset
  • Mortgage recorded

    Instrument2004079611CountySomerset
  • Mortgage discharged

    Instrument2003150086CountySomerset
  • Deed recorded

    +44% vs 1999
    $280,000
    Held3.3 yrs
  • Mortgage recorded

    Instrument2002081533CountySomerset
  • Mortgage recorded

    Instrument2002081534CountySomerset
  • Deed recorded

    +279% vs 1976
    $195,000
    Held22.8 yrs
  • 23 years
  • Deed recorded

    $51,500
  • 12 years
  • Property Built

YearProperty taxChangeLandImprovementAssessment
2024$9,106-0.1%$320,000$262,700$582,700
2023$9,114+14.0%$320,000$179,800$499,800
2022$7,995+0.3%$250,000$179,800$429,800
2021$7,975+1.6%$180,000$178,700$358,700
2020$7,851+3.6%$170,000$178,700$348,700
2019$7,581+4.5%$160,000$178,700$338,700
2018$7,258+2.5%$145,000$178,700$323,700
2017$7,082+6.0%$130,000$178,700$308,700
2016$6,681+3.3%$120,000$178,700$298,700
2015$6,466+5.2%$105,000$178,700$283,700
2014$6,148-7.0%$100,000$178,700$278,700
2013$6,613+1.7%$90,000$178,700$268,700
2012$6,506+4.8%$120,000$178,700$298,700
2011$6,209-3.1%$135,000$171,300$306,300
2010$6,410-11.6%$135,000$171,300$306,300
2009$7,254+2.4%$170,000$171,300$341,300
2008$7,082+1.6%$177,800$189,700$367,500
2007$6,971+4.2%$177,800$189,700$367,500
2006$6,693+8.3%$177,800$189,700$367,500
2005$6,180+2.1%$157,800$176,200$334,000
2004$6,052+14.7%$144,800$143,700$288,500
2003$5,275+12.4%$125,800$140,100$265,900
2002$4,693+12.1%$98,800$134,000$232,800
2001$4,185+2.2%$73,800$123,700$197,500
2000$4,093+5.8%$64,800$107,200$172,000
1999$3,869+7.3%$57,300$105,500$162,800
1998$3,605+3.3%$59,300$106,000$165,300
1997$3,490+4.9%$57,300$106,000$163,300
1996$3,327+9.0%$57,300$106,000$163,300
1995$3,052+6.1%$55,800$106,000$161,800
1994$2,8760.0%$55,800$106,000$161,800
1993$2,8760.0%$22,000$56,100$78,100
1992$2,8760.0%$22,000$56,100$78,100
1991$2,876+12.3%$22,000$56,100$78,100
1990$2,560+6.3%$22,000$56,100$78,100
1989$2,409—$22,000$53,000$75,000