5 Drake Rd Somerset, NJ 08873

Built 1962 · ResidentialLong-term owner since Mar 13, 19961 owner signal on a paid plan
Assessed
$542,700
Last sale
$170,000Mar 13, 1996
Built
1962
Size
1,873 sq ft
Status
No open cases

Property information

Block
369
Lot
15
Qualifier
—
County
Somerset
Municipality
Franklin Twp
Tax map page
8301
Land description
70X219

Building details

Building class
17
Description
2SF 1G
Dwellings
1
Zoning
R10
Square feet
1,873
Acreage
0.35 ac

Assessment

Land value
$285,500
53%
Improvement value
$257,200
47%
Total assessment
$542,700
Sale assessment
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Tax (2024)
$8,405

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.

9 events · 1962–2003

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  • Mortgage discharged

    Instrument2003131305CountySomerset
  • Mortgage discharged

    Instrument2003114625CountySomerset
  • Mortgage recorded

    Instrument2003062630CountySomerset
  • Notice of settlement recorded

    Instrument2003054765CountySomerset
  • Mortgage recorded

    Instrument2003052909CountySomerset
  • Notice of settlement recorded

    Instrument2002101859CountySomerset
  • 7 years
  • Deed recorded

    +750% vs 1962
    $170,000
    Per sq ft$91Held34.0 yrsSq ft1,873
  • 34 years
  • Deed recorded

    $20,000
  • Property Built

YearProperty taxChangeLandImprovementAssessment
2024$8,405+1.0%$285,500$257,200$542,700
2023$8,323+11.3%$285,500$175,800$461,300
2022$7,478-0.0%$219,200$175,800$395,000
2021$7,478+1.3%$159,700$175,800$335,500
2020$7,383+3.1%$151,200$175,800$327,000
2019$7,162+4.0%$142,700$175,800$318,500
2018$6,888+2.1%$130,000$175,800$305,800
2017$6,746+5.4%$117,200$175,800$293,000
2016$6,401+3.1%$108,700$175,800$284,500
2015$6,206+4.7%$96,000$175,800$271,800
2014$5,926-5.9%$91,700$175,800$267,500
2013$6,299+2.7%$83,200$175,800$259,000
2012$6,134+4.8%$108,700$175,800$284,500
2011$5,854-2.1%$121,500$167,300$288,800
2010$5,981-17.4%$121,500$167,300$288,800
2009$7,239+3.3%$151,200$167,300$318,500
2008$7,010+1.6%$180,800$185,900$366,700
2007$6,901+4.1%$180,800$183,000$363,800
2006$6,627+7.6%$180,800$183,000$363,800
2005$6,160-0.3%$160,800$169,900$330,700
2004$6,177+14.5%$147,800$139,800$287,600
2003$5,395+12.0%$128,800$142,600$271,400
2002$4,816+11.9%$101,800$136,300$238,100
2001$4,304+5.6%$76,800$125,900$202,700
2000$4,075+6.4%$67,800$109,100$176,900
1999$3,829+7.3%$60,300$99,800$160,100
1998$3,570+3.2%$62,300$99,200$161,500
1997$3,458+4.9%$60,300$99,200$159,500
1996$3,297+8.9%$60,300$99,200$159,500
1995$3,029+17.5%$58,800$99,200$158,000
1994$2,5770.0%$58,800$99,200$158,000
1993$2,5770.0%$20,200$48,600$68,800
1992$2,5770.0%$20,200$48,600$68,800
1991$2,577+7.6%$20,200$48,600$68,800
1990$2,394+6.1%$20,200$48,600$68,800
1989$2,256—$20,200$48,600$68,800