16 Drake Rd Somerset, NJ 08873
Built 1965Residential
- Assessed
- $582,300
- Last sale
- $505,000Aug 2, 2021
- Built
- 1965
- Size
- 1,903 sq ft
- Owner
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- 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
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.
21 events · 1965–2025
Sales3Foreclosures1Lis pendens1Mortgages6Assignments and discharges4Notices of settlement4
Foreclosure Case
- Filed
- Dismissed
Last activity: Jan 27, 2026Type: Residential Mortgage ForeclosureStatus: ClosedDisposition: Dismissed Without PrejudiceCourtGeneral Equity- 4 years
Notice of settlement recorded
Instrument2018016186CountySomersetNotice of settlement recorded
Instrument2018013167CountySomerset- 5 years
Notice of settlement recorded
Instrument2013026735CountySomersetNotice of settlement recorded
Instrument2009024738CountySomerset- 27 years
- $61,000
Deed recorded
- 13 years
Property Built
36 years · 1989–2024
| Year | Property tax | Change | Land | Improvement | Assessment |
|---|---|---|---|---|---|
| 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 |
28 Shelly Dr, Somerset, NJ 08873Residential1,792 sq ftAssessed $573,3000.60 mi away-6% sq ftView details30 Kingsbridge Rd, Somerset, NJ 08873Residential1,930 sq ftAssessed $586,4000.11 mi away+1% sq ftView details8 Drake Rd, Somerset, NJ 08873Residential1,903 sq ftAssessed $564,1000.05 mi awaysame sizeView details61 Winston Dr, Somerset, NJ 08873Residential1,903 sq ftAssessed $555,8000.21 mi awaysame sizeView details25 Surrey Rd, Somerset, NJ 08873Residential1,892 sq ftAssessed $564,1000.03 mi away-1% sq ftView details
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