16 Drake Rd Somerset, NJ 08873

Tax lien soldLis pendens Dec 19, 2025Built 1965 · Residential1 owner signal on a paid plan
Assessed
$582,300
Last sale
$505,000Aug 2, 2021
Built
1965
Size
1,903 sq ft
Status
No open cases

Property information

Block
370
Lot
24
Qualifier
—
County
Somerset
Municipality
Franklin Twp
Tax map page
8301
Land description
70X125

Building details

Building class
17
Description
2SF 2G
Dwellings
1
Zoning
R10
Square feet
1,903
Acreage
0.2 ac

Assessment

Land value
$317,400
55%
Improvement value
$264,900
45%
Total assessment
$582,300
Sale assessment
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Tax (2024)
$9,086

Records

Lis pendens
Dec 19, 2025
Tax lien sold
Nov 20, 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.

23 events · 1965–2025

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  • Lis pendens

    Instrument2025036116CountySomerset
  • Foreclosure Case

    1. Filed
    2. Dismissed
    Last activity: Jan 27, 2026
    Type: Residential Mortgage Foreclosure
    Status: Closed
    Disposition: Dismissed Without Prejudice
    CourtGeneral Equity
  • Mortgage assigned

    Instrument2025028116CountySomerset
  • 4 years
  • Deed recorded

    +39% vs 2018
    $505,000
    Held3.2 yrs
  • Mortgage recorded

    Instrument2021046710CountySomerset
  • Mortgage discharged

    Instrument2021042825CountySomerset
  • Mortgage discharged

    Instrument2018017064CountySomerset
  • Deed recorded

    +497% vs 1978
    $363,900
    Held18.8 yrs
  • Mortgage recorded

    Instrument2018016680CountySomerset
  • Notice of settlement recorded

    Instrument2018016186CountySomerset
  • Notice of settlement recorded

    Instrument2018013167CountySomerset
  • 5 years
  • Mortgage discharged

    Instrument2013031827CountySomerset
  • Mortgage recorded

    Instrument2013029826CountySomerset
  • Notice of settlement recorded

    Instrument2013026735CountySomerset
  • Mortgage discharged

    Instrument2010009525CountySomerset
  • Mortgage recorded

    Instrument2010006353CountySomerset
  • Mortgage discharged

    Instrument2009038252CountySomerset
  • Mortgage recorded

    Instrument2009030612CountySomerset
  • Notice of settlement recorded

    Instrument2009024738CountySomerset
  • Mortgage recorded

    Instrument2005066177CountySomerset
  • 27 years
  • Deed recorded

    $61,000
  • 13 years
  • Property Built

YearProperty taxChangeLandImprovementAssessment
2024$9,086-0.4%$317,400$264,900$582,300
2023$9,118+13.6%$317,400$181,300$498,700
2022$8,024+0.2%$248,700$181,300$430,000
2021$8,005+1.6%$178,700$181,300$360,000
2020$7,881+3.5%$168,700$181,300$350,000
2019$7,612+4.4%$158,700$181,300$340,000
2018$7,288+2.5%$143,700$181,300$325,000
2017$7,113+6.0%$128,700$181,300$310,000
2016$6,712+3.3%$118,700$181,300$300,000
2015$6,496+5.2%$103,700$181,300$285,000
2014$6,178-7.0%$98,700$181,300$280,000
2013$6,642-0.7%$88,700$181,300$270,000
2012$6,691+4.8%$118,700$181,300$300,000
2011$6,385-2.9%$133,700$181,300$315,000
2010$6,573-13.2%$133,700$181,300$315,000
2009$7,572+0.7%$168,700$181,300$350,000
2008$7,523+1.6%$177,000$206,600$383,600
2007$7,406+4.0%$177,000$213,400$390,400
2006$7,118+8.7%$177,000$213,400$390,400
2005$6,546+1.2%$157,000$198,200$355,200
2004$6,466+14.1%$144,000$161,600$305,600
2003$5,667+11.8%$125,000$159,100$284,100
2002$5,070+12.2%$98,000$152,100$250,100
2001$4,518+1.6%$73,000$140,400$213,400
2000$4,449+15.8%$64,000$121,700$185,700
1999$3,841+7.3%$56,500$118,300$174,800
1998$3,581+3.2%$58,500$118,500$162,000
1997$3,469+4.9%$56,500$118,500$160,000
1996$3,308+8.9%$56,500$118,500$160,000
1995$3,038+23.8%$55,000$118,500$158,500
1994$2,4540.0%$55,000$118,500$158,500
1993$2,4540.0%$19,300$46,200$65,500
1992$2,4540.0%$19,300$46,200$65,500
1991$2,454+7.6%$19,300$46,200$65,500
1990$2,279+6.1%$19,300$46,200$65,500
1989$2,148—$19,300$46,200$65,500