54 Drake Rd Somerset, NJ 08873

Built 1965 · ResidentialLong-term owner since Jul 17, 20001 owner signal on a paid plan
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Assessed
$563,700
Last sale
$175,000Jul 17, 2000
Built
1965
Size
1,960 sq ft
Owner
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Status
No open cases

Property information

Block
368
Lot
24
Qualifier
—
County
Somerset
Municipality
Franklin Twp
Tax map page
8301
Land description
80X160 AVG

Building details

Building class
17
Description
2SF 1G
Dwellings
1
Zoning
R10
Square feet
1,960
Acreage
0.29 ac

Assessment

Land value
$325,200
58%
Improvement value
$238,500
42%
Total assessment
$563,700
Sale assessment
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Tax (2024)
$8,899

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 · 1965–2004

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  • Mortgage discharged

    Instrument2004044062CountySomerset

  • Mortgage recorded

    Instrument2002045487CountySomerset

  • Notice of settlement recorded

    Instrument2002031832CountySomerset

  • Deed recorded

    +272% vs 1973
    $175,000
    Per sq ft$89Held27.0 yrsSq ft1,960
  • 27 years

  • Deed recorded

    $47,000
  • 9 years

  • Property Built

YearProperty taxChangeLandImprovementAssessment
2024$8,899+0.6%$325,200$238,500$563,700
2023$8,843+14.7%$325,200$163,200$488,400
2022$7,708+0.4%$252,600$163,200$415,800
2021$7,680+1.7%$182,600$163,200$345,800
2020$7,552+3.8%$172,600$163,200$335,800
2019$7,279+4.7%$162,600$163,200$325,800
2018$6,954+2.6%$147,600$163,200$310,800
2017$6,776+6.3%$132,600$163,200$295,800
2016$6,377+3.4%$122,600$163,200$285,800
2015$6,167+5.4%$107,600$163,200$270,800
2014$5,853-7.5%$102,600$163,200$265,800
2013$6,328-1.5%$92,600$163,200$255,800
2012$6,423+4.8%$122,600$163,200$285,800
2011$6,130-3.3%$137,600$164,800$302,400
2010$6,336-11.2%$137,600$164,800$302,400
2009$7,132+2.4%$172,600$164,800$337,400
2008$6,962+1.6%$179,300$182,000$361,300
2007$6,854+4.2%$179,300$182,000$361,300
2006$6,579+8.1%$179,300$182,000$361,300
2005$6,085-0.8%$159,300$169,000$328,300
2004$6,134+14.6%$146,300$137,800$284,100
2003$5,352+11.3%$127,300$142,200$269,500
2002$4,809+10.6%$100,300$135,900$236,200
2001$4,348+1.6%$75,300$125,500$200,800
2000$4,281+5.8%$66,300$112,400$178,700
1999$4,047+7.2%$58,800$109,400$168,200
1998$3,776+3.2%$60,800$109,900$170,700
1997$3,657+4.8%$58,800$109,900$168,700
1996$3,489+8.9%$58,800$109,900$168,700
1995$3,205+12.7%$57,300$109,900$167,200
1994$2,8430.0%$57,300$109,900$167,200
1993$2,8430.0%$23,800$52,100$75,900
1992$2,8430.0%$23,800$52,100$75,900
1991$2,843+7.6%$23,800$52,100$75,900
1990$2,641+6.1%$23,800$52,100$75,900
1989$2,489—$23,800$52,100$75,900

All 30 lots on Block 368