116 Drake Rd Somerset, NJ 08873

Built 1965 · Residential1 owner signal on a paid plan
Assessed
$575,900
Last sale
$417,000May 11, 2007
Built
1965
Size
1,980 sq ft
Status
No open cases

Property information

Block
373
Lot
9
Qualifier
—
County
Somerset
Municipality
Franklin Twp
Tax map page
8303
Land description
100X165

Building details

Building class
17
Description
2SF 2G
Dwellings
1
Zoning
R20
Square feet
1,980
Acreage
0.38 ac

Assessment

Land value
$333,100
58%
Improvement value
$242,800
42%
Total assessment
$575,900
Sale assessment
Sign in to see
Tax (2024)
$9,704

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 · 1965–2012

Sign in to see the parties and documents

  • Mortgage discharged

    Instrument2012071539CountySomerset
  • 6 years
  • Mortgage discharged

    Instrument2007028443CountySomerset
  • Deed recorded

    +14% vs 2004
    $417,000
    Held2.7 yrs
  • Mortgage recorded

    Instrument2007027877CountySomerset
  • Mortgage assigned

    Instrument2007027878CountySomerset
  • Notice of settlement recorded

    Instrument2007024125CountySomerset
  • Mortgage discharged

    Instrument2004086608CountySomerset
  • Mortgage recorded

    Instrument2004078218CountySomerset
  • Mortgage discharged

    Instrument2004073558CountySomerset
  • Deed recorded

    +85% vs 2000
    $365,000
    Held4.5 yrs
  • Notice of settlement recorded

    Instrument2004062882CountySomerset
  • Notice of settlement recorded

    Instrument2004062883CountySomerset
  • Mortgage discharged

    Instrument2004015755CountySomerset
  • Mortgage recorded

    Instrument2004014656CountySomerset
  • Mortgage recorded

    Instrument2004014657CountySomerset
  • Notice of settlement recorded

    Instrument2004011020CountySomerset
  • Mortgage recorded

    Instrument2001370831CountySomerset
  • Notice of settlement recorded

    Instrument2001369277CountySomerset
  • Deed recorded

    -6% vs 1999
    $197,500
    Held1.2 yrs
  • Deed recorded

    +163% vs 1992
    $210,000
    Held6.7 yrs
  • 7 years
  • Deed recorded

    -29% vs 1986
    $80,000
    Held5.4 yrs
  • 5 years
  • Deed recorded

    $112,500
  • 22 years
  • Property Built

YearProperty taxChangeLandImprovementAssessment
2024$9,704+3.6%$333,100$242,800$575,900
2023$9,362+12.7%$366,500$166,100$532,600
2022$8,305+3.0%$256,500$166,100$422,600
2021$8,064-1.3%$206,500$166,100$372,600
2020$8,173+6.5%$186,500$166,100$352,600
2019$7,672+4.4%$186,500$166,100$352,600
2018$7,349+2.4%$161,500$166,100$327,600
2017$7,175-2.2%$146,500$166,100$312,600
2016$7,336+3.2%$136,500$166,100$302,600
2015$7,111+4.8%$146,500$165,000$311,500
2014$6,784+3.3%$141,500$165,000$306,500
2013$6,565-0.8%$131,500$165,000$296,500
2012$6,616+4.8%$131,500$165,000$296,500
2011$6,314-1.5%$146,500$165,000$311,500
2010$6,413-15.8%$146,500$165,000$311,500
2009$7,618+2.4%$176,500$165,000$341,500
2008$7,436+1.6%$199,600$186,300$385,900
2007$7,321+3.6%$199,600$186,300$385,900
2006$7,066+9.7%$199,600$186,300$385,900
2005$6,441+6.9%$179,600$173,000$352,600
2004$6,025+4.0%$159,600$141,100$300,700
2003$5,794+12.6%$117,600$147,100$264,700
2002$5,147+17.1%$115,100$140,600$255,700
2001$4,397+0.4%$85,100$129,800$214,900
2000$4,377+8.6%$67,100$112,500$179,600
1999$4,031+4.7%$62,600$109,400$172,000
1998$3,849+3.2%$60,100$109,900$170,000
1997$3,729+6.7%$62,100$109,900$172,000
1996$3,496+11.3%$62,100$109,900$172,000
1995$3,142+7.9%$57,600$109,900$167,500
1994$2,9110.0%$57,600$106,300$163,900
1993$2,9110.0%$25,100$52,600$77,700
1992$2,9110.0%$25,100$52,600$77,700
1991$2,911+7.6%$25,100$52,600$77,700
1990$2,704+6.1%$25,100$52,600$77,700
1989$2,548—$25,100$52,600$77,700