113 Drake Rd Somerset, NJ 08873

Built 1962 · ResidentialLong-term owner since Jul 18, 19961 owner signal on a paid plan
Assessed
$520,000
Last sale
$171,500Jul 18, 1996
Built
1962
Size
1,980 sq ft
Status
No open cases

Property information

Block
375
Lot
5
Qualifier
—
County
Somerset
Municipality
Franklin Twp
Tax map page
7802
Land description
100X166

Building details

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

Assessment

Land value
$303,100
58%
Improvement value
$216,900
42%
Total assessment
$520,000
Sale assessment
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Tax (2024)
$9,057

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.

6 events · 1962–2016

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  • Mortgage recorded

    Instrument2016004543CountySomerset
  • 6 years
  • Mortgage recorded

    Instrument2010010196CountySomerset
  • Notice of settlement recorded

    Instrument2007024649CountySomerset
  • 11 years
  • Deed recorded

    -2% vs 1988
    $171,500
    Per sq ft$87Held8.1 yrsSq ft1,980
  • 8 years
  • Deed recorded

    $175,000
  • 26 years
  • Property Built

YearProperty taxChangeLandImprovementAssessment
2024$9,057+3.3%$303,100$216,900$520,000
2023$8,771+11.4%$331,500$165,600$497,100
2022$7,871+2.7%$232,500$165,600$398,100
2021$7,664-1.3%$187,500$165,600$353,100
2020$7,768+6.1%$169,500$165,600$335,100
2019$7,321+4.1%$169,500$165,600$335,100
2018$7,032+2.2%$147,000$165,600$312,600
2017$6,878-2.4%$133,500$165,600$299,100
2016$7,044+3.1%$124,500$165,600$290,100
2015$6,835+4.6%$133,500$165,600$299,100
2014$6,535+3.3%$129,000$165,600$294,600
2013$6,323+0.2%$120,000$165,600$285,600
2012$6,313+4.8%$120,000$165,600$285,600
2011$6,024-1.1%$133,500$163,700$297,200
2010$6,088-21.2%$133,500$163,700$297,200
2009$7,726+2.4%$160,500$163,700$324,200
2008$7,542+1.6%$199,600$191,800$391,400
2007$7,425+3.6%$199,600$191,800$391,400
2006$7,168+9.8%$199,600$191,800$391,400
2005$6,529+5.9%$179,600$178,100$357,700
2004$6,166+4.0%$159,600$145,200$304,800
2003$5,930+13.2%$117,600$153,300$270,900
2002$5,237+16.8%$115,100$146,600$261,700
2001$4,484-0.3%$85,100$135,300$220,400
2000$4,497+9.4%$67,100$117,200$184,300
1999$4,111+4.7%$62,600$114,100$176,700
1998$3,925+3.2%$60,100$113,300$173,400
1997$3,803+6.6%$62,100$113,300$175,400
1996$3,567+10.4%$62,100$113,300$175,400
1995$3,232+13.5%$57,600$113,300$170,900
1994$2,8470.0%$57,600$113,300$168,600
1993$2,8470.0%$25,400$51,800$76,000
1992$2,8470.0%$25,400$51,800$76,000
1991$2,847+10.4%$25,400$51,800$76,000
1990$2,579+6.1%$25,400$51,800$76,000
1989$2,430—$25,400$48,700$74,100