488 Phillip Lane Watchung, NJ 07069

Built 1981 · ResidentialLong-term owner since Dec 22, 19991 owner signal on a paid plan
Assessed
$777,600
Last sale
$549,000Dec 22, 1999
Built
1981
Size
2,886 sq ft
Status
No open cases

Property information

Block
7007
Lot
8
Qualifier
—
County
Somerset
Municipality
Watchung Boro
Tax map page
21
Land description
1.50

Building details

Building class
18
Description
2S-F;2GAR
Dwellings
1
Zoning
R-R
Square feet
2,886
Acreage
1.5 ac

Assessment

Land value
$370,100
48%
Improvement value
$407,500
52%
Total assessment
$777,600
Sale assessment
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Tax (2024)
$14,292

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.

12 events · 1980–2019

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  • Mortgage discharged

    Instrument2019049236CountySomerset
  • 7 years
  • Mortgage discharged

    Instrument2013019562CountySomerset
  • Mortgage recorded

    Instrument2013014236CountySomerset
  • Notice of settlement recorded

    Instrument2013011155CountySomerset
  • Mortgage recorded

    Instrument2009047568CountySomerset
  • Notice of settlement recorded

    Instrument2009041035CountySomerset
  • Mortgage discharged

    Instrument2007006441CountySomerset
  • Mortgage recorded

    Instrument2004021324CountySomerset
  • Mortgage recorded

    Instrument2003083559CountySomerset
  • Deed recorded

    +1933% vs 1980
    $549,000
    Per sq ft$190Held19.2 yrsSq ft2,886
  • 19 years
  • Property Built

  • Deed recorded

    $27,000

YearProperty taxChangeLandImprovementAssessment
2024$14,292+3.9%$370,100$407,500$777,600
2023$13,752+3.0%$339,200$376,100$715,300
2022$13,348+2.6%$296,500$344,800$641,300
2021$13,013+3.8%$289,300$332,700$622,000
2020$12,539+6.5%$283,600$327,900$611,500
2019$11,771+5.3%$283,600$320,700$604,300
2018$11,183-3.8%$275,300$315,900$591,200
2017$11,620+4.7%$243,600$321,500$565,100
2016$11,098-0.2%$243,600$312,100$555,700
2015$11,123+3.0%$221,400$302,600$524,000
2014$10,796+2.4%$238,100$293,100$531,200
2013$10,545+4.1%$238,100$283,700$521,800
2012$10,129+3.0%$228,100$295,500$523,600
2011$9,832+0.7%$228,100$288,400$516,500
2010$9,767-8.9%$228,100$283,700$511,800
2009$10,718+0.3%$228,100$326,200$554,300
2008$10,686+0.3%$240,000$398,000$638,000
2007$10,654+5.2%$240,000$423,700$663,700
2006$10,131+8.2%$240,000$413,600$653,600
2005$9,362+7.1%$240,000$413,600$653,600
2004$8,740+0.3%$220,000$384,000$604,000
2003$8,714+7.0%$220,000$347,500$567,500
2002$8,142+5.1%$192,800$283,400$476,200
2001$7,747+2.4%$184,800$275,700$460,500
2000$7,562+6.9%$156,800$259,700$416,500
1999$7,075+2.2%$156,800$239,100$395,900
1998$6,921+2.1%$140,300$240,100$380,400
1997$6,7800.0%$144,800$237,600$382,400
1996$6,780+5.8%$134,900$237,600$372,500
1995$6,407-15.2%$134,900$237,600$372,500
1994$7,554+2.3%$134,900$237,600$372,500
1993$7,385+5.1%$90,000$121,000$211,000
1992$7,026+7.4%$90,000$121,000$211,000
1991$6,541+11.5%$90,000$121,000$211,000
1990$5,866+6.5%$90,000$121,000$211,000
1989$5,507—$90,000$121,000$211,000