1 Drake Rd Somerset, NJ 08873
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Property flags
Built 1962 · ResidentialNew owner since Dec 18, 2025Recent mortgage Dec 18, 20251 owner signal on a paid plan
- Assessed
- $549,100
- Last sale
- $550,000Dec 18, 2025
- Built
- 1962
- Size
- 1,792 sq ft
- Status
- No open cases
Property information
- Block
- 369
- Lot
- 17
- Qualifier
- —
- County
- Somerset
- Municipality
- Franklin Twp
- Tax map page
- 8301
- Land description
- 143X217 AVG
Building details
- Building class
- 17
- Description
- 2SF 1G
- Dwellings
- 1
- Zoning
- R10
- Square feet
- 1,792
- Acreage
- 0.71 ac
Assessment
- Land value
- $316,800
- 58%
- Improvement value
- $232,300
- 42%
- Total assessment
- $549,100
- Sale assessment
- Sign in to see
- Tax (2024)
- $8,669
Records
- Recent mortgage
- Dec 18, 2025
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.
5 events · 1962–20255events19622025
Sign in to see the parties and documents
- 39 years
- $156,000
Deed recorded
Per sq ft$87Sq ft1,792 - 25 years
Property Built
| Year | Property tax | Change | Land | Improvement | Assessment |
|---|---|---|---|---|---|
| 2024 | $8,669 | +4.4% | $316,800 | $232,300 | $549,100 |
| 2023 | $8,301 | +11.6% | $316,800 | $159,000 | $475,800 |
| 2022 | $7,440 | +0.0% | $234,900 | $159,000 | $393,900 |
| 2021 | $7,440 | +1.3% | $175,400 | $158,400 | $333,800 |
| 2020 | $7,343 | +3.1% | $166,900 | $158,400 | $325,300 |
| 2019 | $7,120 | +4.0% | $158,400 | $158,400 | $316,800 |
| 2018 | $6,848 | +2.1% | $145,600 | $158,400 | $304,000 |
| 2017 | $6,705 | +5.5% | $132,900 | $158,400 | $291,300 |
| 2016 | $6,359 | +3.1% | $124,400 | $158,400 | $282,800 |
| 2015 | $6,167 | +4.7% | $111,600 | $158,400 | $270,000 |
| 2014 | $5,887 | -6.0% | $107,400 | $158,400 | $265,800 |
| 2013 | $6,261 | +1.9% | $98,900 | $158,400 | $257,300 |
| 2012 | $6,145 | +4.8% | $124,400 | $158,400 | $282,800 |
| 2011 | $5,864 | -2.1% | $137,100 | $152,200 | $289,300 |
| 2010 | $5,993 | -16.2% | $137,100 | $152,200 | $289,300 |
| 2009 | $7,152 | +2.4% | $166,900 | $152,200 | $319,100 |
| 2008 | $6,982 | +1.6% | $189,800 | $172,500 | $362,300 |
| 2007 | $6,873 | +4.0% | $189,800 | $172,500 | $362,300 |
| 2006 | $6,611 | +7.4% | $189,800 | $172,500 | $362,300 |
| 2005 | $6,156 | +0.0% | $169,800 | $160,100 | $329,900 |
| 2004 | $6,154 | +14.3% | $156,800 | $130,600 | $287,400 |
| 2003 | $5,384 | +10.8% | $137,800 | $132,600 | $270,400 |
| 2002 | $4,857 | +12.0% | $110,800 | $126,800 | $237,600 |
| 2001 | $4,336 | +2.1% | $85,800 | $117,000 | $202,800 |
| 2000 | $4,245 | +7.1% | $76,800 | $101,400 | $178,200 |
| 1999 | $3,962 | +7.2% | $69,300 | $97,500 | $166,800 |
| 1998 | $3,695 | +3.2% | $71,300 | $95,800 | $167,100 |
| 1997 | $3,579 | +4.8% | $69,300 | $95,800 | $165,100 |
| 1996 | $3,414 | +8.9% | $69,300 | $95,800 | $165,100 |
| 1995 | $3,136 | +15.5% | $67,800 | $95,800 | $163,600 |
| 1994 | $2,716 | 0.0% | $67,800 | $95,800 | $163,600 |
| 1993 | $2,716 | 0.0% | $26,500 | $46,000 | $72,500 |
| 1992 | $2,716 | 0.0% | $26,500 | $46,000 | $72,500 |
| 1991 | $2,716 | +7.6% | $26,500 | $46,000 | $72,500 |
| 1990 | $2,523 | +6.1% | $26,500 | $46,000 | $72,500 |
| 1989 | $2,377 | — | $26,500 | $46,000 | $72,500 |
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