131 Drake Rd Somerset, NJ 08873

Built 1964 · ResidentialLong-term owner since Jan 22, 2002 · Veteran1 owner signal on a paid plan
Assessed
$591,500
Last sale
$244,500Jan 22, 2002
Built
1964
Size
1,676 sq ft
Status
No open cases

Property information

Block
375
Lot
13
Qualifier
—
County
Somerset
Municipality
Franklin Twp
Tax map page
7802
Land description
100X165

Building details

Building class
17
Description
1SF 2G
Dwellings
1
Zoning
R20
Square feet
1,676
Acreage
0.38 ac

Assessment

Land value
$333,100
56%
Improvement value
$258,400
44%
Total assessment
$591,500
Sale assessment
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Tax (2024)
$9,649

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.

15 events · 1964–2013

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  • Mortgage recorded

    Instrument2013045904CountySomerset
  • 4 years
  • Notice of settlement recorded

    Instrument2009037571CountySomerset
  • 6 years
  • Mortgage recorded

    Instrument2003152169CountySomerset
  • Mortgage discharged

    Instrument2003101211CountySomerset
  • Mortgage discharged

    Instrument2003069694CountySomerset
  • Mortgage discharged

    Instrument2002094740CountySomerset
  • Mortgage recorded

    Instrument2002079239CountySomerset
  • Mortgage recorded

    Instrument2002070295CountySomerset
  • Mortgage discharged

    Instrument2002065931CountySomerset
  • Mortgage recorded

    Instrument2002034011CountySomerset
  • Deed recorded

    +878% vs 1968
    $244,500
    Held33.5 yrs
  • Mortgage recorded

    Instrument2002007950CountySomerset
  • Notice of settlement recorded

    Instrument2002000373CountySomerset
  • 33 years
  • Deed recorded

    $25,000
  • 5 years
  • Property Built

YearProperty taxChangeLandImprovementAssessment
2024$9,649+3.5%$333,100$258,400$591,500
2023$9,320+12.4%$366,500$176,800$543,300
2022$8,294+2.9%$256,500$176,800$433,300
2021$8,059-4.3%$206,500$176,800$383,300
2020$8,421+6.3%$186,500$176,800$363,300
2019$7,923+4.2%$186,500$176,800$363,300
2018$7,601+2.3%$161,500$176,800$338,300
2017$7,428-2.4%$146,500$176,800$323,300
2016$7,614+3.1%$136,500$176,800$313,300
2015$7,385+4.7%$146,500$176,800$323,300
2014$7,054+3.3%$141,500$176,800$318,300
2013$6,826-0.0%$131,500$176,800$308,300
2012$6,827+4.8%$131,500$176,800$308,300
2011$6,515-1.3%$146,500$174,900$321,400
2010$6,599-7.6%$146,500$174,900$321,400
2009$7,146+2.4%$176,500$174,900$351,400
2008$6,976+1.6%$199,600$162,400$362,000
2007$6,867+3.7%$199,600$162,400$362,000
2006$6,621+9.4%$199,600$162,400$362,000
2005$6,051+3.6%$179,600$150,800$330,400
2004$5,840+8.8%$159,600$122,900$282,500
2003$5,368+12.4%$117,600$139,000$256,600
2002$4,774+23.5%$115,100$130,600$245,700
2001$3,866-0.6%$85,100$110,600$195,700
2000$3,890+8.9%$67,100$95,900$163,000
1999$3,573+4.6%$62,600$92,200$154,800
1998$3,414+3.3%$60,100$92,700$152,800
1997$3,306+7.1%$62,100$92,700$154,800
1996$3,087+9.0%$62,100$92,700$154,800
1995$2,831+12.5%$57,600$92,700$150,300
1994$2,5160.0%$57,600$92,700$150,300
1993$2,5160.0%$25,100$43,400$68,500
1992$2,5160.0%$25,100$43,400$68,500
1991$2,516+7.8%$25,100$43,400$68,500
1990$2,334+6.3%$25,100$43,400$68,500
1989$2,196—$25,100$43,400$68,500