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48 Drake Rd Somerset, NJ 08873

Built 1963Residential
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Assessed
$550,800
Last sale
$260,000Nov 15, 2001
Built
1963
Size
1,952 sq ft
Owner
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Status
No open cases

Property information

Block
368
Lot
21
Qualifier
—
County
Somerset
Municipality
Franklin Twp
Tax map page
8301
Land description
80X125

Building details

Building class
17
Description
2SF 1G
Dwellings
1
Zoning
R10
Square feet
1,952
Acreage
0.23 ac

Assessment

Land value
$320,000
58%
Improvement value
$230,800
42%
Total assessment
$550,800
Sale assessment
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Tax (2024)
$8,707

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.

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  11. 48 Drake Rd, Somerset, NJ 08873

13 events · 1963–2025
Sales2Mortgages5Assignments and discharges4Notices of settlement1
  • 2025Mar 21

    Mortgage discharged

    Instrument2025007078CountySomerset
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  • 2025Mar 14

    Mortgage recorded

    Instrument2025006371CountySomerset
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  • 7 years
  • 2018Jul 9

    Mortgage recorded

    Instrument2018025126CountySomerset
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  • 2018Feb 21

    Mortgage discharged

    Instrument2018006806CountySomerset
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  • 2018Jan 25

    Mortgage recorded

    Instrument2018003321CountySomerset
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  • 2017Aug 1

    Mortgage assigned

    Instrument2017030571CountySomerset
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  • 12 years
  • 2005Mar 28

    Mortgage recorded

    Instrument2005020084CountySomerset

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  • 2001Nov 15

    Deed recorded

    +1030% vs 1965
    $260,000
    Held36.4 yrs

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  • 2001Nov 15

    Mortgage recorded

    Instrument2001375549CountySomerset

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  • 2001Nov 15

    Mortgage assigned

    Instrument2001375550CountySomerset

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  • 2001Oct 26

    Notice of settlement recorded

    Instrument2001370067CountySomerset

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  • 36 years
  • 1965Jul 1

    Deed recorded

    $23,000

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  • 1963

    Property Built

36 years · 1989–2024
YearProperty taxChangeLandImprovementAssessment
2024$8,707+0.2%$320,000$230,800$550,800
2023$8,689+15.4%$320,000$157,900$477,900
2022$7,532+0.4%$250,000$157,900$407,900
2021$7,499+1.8%$180,000$157,900$337,900
2020$7,369+3.9%$170,000$157,900$327,900
2019$7,094+4.8%$160,000$157,900$317,900
2018$6,769+2.7%$145,000$157,900$302,900
2017$6,589+6.4%$130,000$157,900$287,900

22 Maynard Rd, Somerset, NJ 08873Residential1,952 sq ftAssessed $549,6000.07 mi awaysame sizeView details42 Drake Rd, Somerset, NJ 08873Residential1,960 sq ftAssessed $566,5000.05 mi awaysame sizeView details60 Drake Rd, Somerset, NJ 08873Residential1,952 sq ftAssessed $599,6000.09 mi awaysame sizeView details11 Surrey Rd, Somerset, NJ 08873Residential1,960 sq ftAssessed $568,3000.29 mi awaysame sizeView details3 Freeman Rd, Somerset, NJ 08873Residential1,980 sq ftAssessed $557,4000.17 mi away+1% sq ftView details

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  • 33 Patton Dr, Somerset, NJ 08873Lot 1
  • 4 Maynard Rd, Somerset, NJ 08873Lot 2
  • 6 Maynard Rd, Somerset, NJ 08873Lot 3
  • 8 Maynard Rd, Somerset, NJ 08873Lot 4
  • 10 Maynard Rd, Somerset, NJ 08873Lot 5
  • 12 Maynard Rd, Somerset, NJ 08873Lot 6
  • 14 Maynard Rd, Somerset, NJ 08873Lot 7
  • 16 Maynard Rd, Somerset, NJ 08873Lot 8
  • 18 Maynard Rd, Somerset, NJ 08873Lot 9
  • 20 Maynard Rd, Somerset, NJ 08873Lot 10
  • 22 Maynard Rd, Somerset, NJ 08873Lot 11
  • 24 Maynard Rd, Somerset, NJ 08873Lot 12
All 30 lots on Block 368