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3 Market St Somerset, NJ 08873

Commercial
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Assessed
$296,000
Last sale
$310,000Jun 3, 2020
Built
—
Size
2,304 sq ft
Owner
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Status
No open cases

Property information

Block
64
Lot
7
Qualifier
—
County
Somerset
Municipality
Franklin Twp
Tax map page
5001
Land description
41X123 AVG.

Building details

Building class
10
Description
1SF
Dwellings
1
Zoning
R10H
Square feet
2,304
Acreage
0.12 ac

Assessment

Land value
$170,400
58%
Improvement value
$125,600
42%
Total assessment
$296,000
Sale assessment
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Tax (2024)
$5,381

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.

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  9. Block 64
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  11. 3 Market St, Somerset, NJ 08873

10 events · 1988–2020
Sales4Mortgages1Assignments and discharges1Notices of settlement2
  • 2020Jun 3

    Deed recorded

    +7% vs 2009
    $310,000
    Held11.1 yrs
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  • 2020May 22

    Notice of settlement recorded

    Instrument2020021295CountySomerset
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  • 2020Mar 31

    Notice of settlement recorded

    Instrument2020013620CountySomerset
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  • 11 years
  • 2009May 13

    Deed recorded

    +287% vs 1994
    $290,000
    Held10.4 yrs
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  • 2007Nov 27

    Mortgage discharged

    Instrument2007067209CountySomerset

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  • 2006May 8

    Mortgage recorded

    Instrument2006029108CountySomerset

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  • 12 years
  • 1994May 12

    Deed recorded

    -62% vs 1988
    $75,000
    Held3.2 yrs

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  • 6 years
  • 1988Mar 10

    Deed recorded

    $200,000

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36 years · 1989–2024
YearProperty taxChangeLandImprovementAssessment
2024$5,381-5.9%$170,400$125,600$296,000
2023$5,716-12.8%$170,400$125,600$296,000
2022$6,556-2.2%$170,400$125,600$296,000
2021$6,701-1.7%$170,400$125,600$296,000
2020$6,814-1.0%$170,400$125,600$296,000
2019$6,885-0.3%$170,400$125,600$296,000
2018$6,909-0.7%$170,400$125,600$296,000
2017$6,959+0.7%$170,400$125,600$296,000

653 Hamilton St, Somerset, NJ 08873Commercial2,056 sq ftAssessed $359,0005.85 mi away-11% sq ftView details844 Easton Ave, Somerset, NJ 08873Commercial2,180 sq ftAssessed $441,0005.26 mi away-5% sq ftView details1 Bloomfield Ave, Somerset, NJ 08873Commercial2,382 sq ftAssessed $456,0005.57 mi away+3% sq ftView details1503 Rt 27, Somerset, NJ 08873Commercial2,108 sq ftAssessed $601,0005.02 mi away-9% sq ftView details387 Somerset St, Somerset, NJ 08873Commercial2,420 sq ftAssessed $400,0006.40 mi away+5% sq ftView details

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  • 15 Market St, Somerset, NJ 08873Lot 1
  • 11 Market St, Somerset, NJ 08873Lot 2
  • 9 Market St, Somerset, NJ 08873Lot 3
  • 14 William St, Somerset, NJ 08873Lot 4
  • 7 Market St, Somerset, NJ 08873Lot 5
  • 10 William St, Somerset, NJ 08873Lot 6
  • 1 Market St, Somerset, NJ 08873Lot 8
All 8 lots on Block 64