1 Market St Somerset, NJ 08873
Built 1840Residential
- Assessed
- $524,300
- Last sale
- $291,500Mar 5, 2021
- Built
- 1840
- Size
- 1,458 sq ft
- Owner
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- Status
- No open cases
Property information
- Block
- 64
- Lot
- 8
- Qualifier
- —
- County
- Somerset
- Municipality
- Franklin Twp
- Tax map page
- 5001
- Land description
- 38X122 AVG.
Building details
- Building class
- 16
- Description
- 2SF
- Dwellings
- 1
- Zoning
- R10H
- Square feet
- 1,458
- Acreage
- 0.11 ac
Assessment
- Land value
- $338,600
- 65%
- Improvement value
- $185,700
- 35%
- Total assessment
- $524,300
- Sale assessment
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- Tax (2024)
- $7,919
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.
9 events · 1840–2026
Sales3Mortgages2Notices of settlement2
- 6 years
Notice of settlement recorded
Instrument2021006093CountySomerset- 9 years
Notice of settlement recorded
Instrument2012006165CountySomerset- 41 years
- $16,000
Deed recorded
- 131 years
Property Built
36 years · 1989–2024
| Year | Property tax | Change | Land | Improvement | Assessment |
|---|---|---|---|---|---|
| 2024 | $7,919 | +3.7% | $338,600 | $185,700 | $524,300 |
| 2023 | $7,639 | +20.8% | $308,600 | $127,000 | $435,600 |
| 2022 | $6,326 | +1.4% | $158,600 | $127,000 | $285,600 |
| 2021 | $6,240 | -1.7% | $158,600 | $127,000 | $285,600 |
| 2020 | $6,344 | +2.7% | $148,600 | $127,000 | $275,600 |
| 2019 | $6,178 | +3.6% | $148,600 | $127,000 | $275,600 |
| 2018 | $5,966 | -0.7% | $138,600 | $127,000 | $265,600 |
| 2017 | $6,009 | -1.5% | $128,600 | $127,000 | $255,600 |
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