500 Phillip Lane Watchung, NJ 07069

Built 1971 · Residential1 owner signal on a paid plan
Assessed
$1,126,800
Last sale
$100May 8, 2025
Built
1971
Size
5,240 sq ft
Status
No open cases

Property information

Block
7007
Lot
9
Qualifier
—
County
Somerset
Municipality
Watchung Boro
Tax map page
21
Land description
1.50

Building details

Building class
19
Description
2S-F;3GAR
Dwellings
1
Zoning
R-R
Square feet
5,240
Acreage
1.5 ac

Assessment

Land value
$383,600
34%
Improvement value
$743,200
66%
Total assessment
$1,126,800
Sale assessment
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Tax (2024)
$20,729

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 · 1971–2025

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  • Mortgage discharged

    Instrument2021048705CountySomerset
  • Mortgage recorded

    Instrument2021048485CountySomerset
  • Notice of settlement recorded

    Instrument2021038167CountySomerset
  • 10 years
  • Mortgage recorded

    Instrument2011002455CountySomerset
  • Notice of settlement recorded

    Instrument2010059377CountySomerset
  • Deed recorded

    +1629% vs 1975
    $795,000
    Held34.9 yrs
  • Notice of settlement recorded

    Instrument2010026538CountySomerset
  • Mortgage discharged

    Instrument2007062015CountySomerset
  • Mortgage discharged

    Instrument2006043412CountySomerset
  • Mortgage recorded

    Instrument2004010882CountySomerset
  • Mortgage recorded

    Instrument2003109427CountySomerset
  • 28 years
  • Deed recorded

    $45,980
  • 5 years
  • Property Built

YearProperty taxChangeLandImprovementAssessment
2024$20,729+3.7%$383,600$743,200$1,126,800
2023$19,985+1.5%$351,500$686,000$1,037,500
2022$19,698+2.5%$318,900$628,800$947,700
2021$19,216+4.1%$311,100$606,800$917,900
2020$18,465+6.3%$305,000$598,000$903,000
2019$17,366+2.0%$305,000$584,900$889,900
2018$17,025-3.4%$296,100$576,100$872,200
2017$17,621+3.8%$262,000$598,300$860,300
2016$16,969+3.4%$262,000$580,700$842,700
2015$16,411+3.5%$238,100$563,100$801,200
2014$15,851+1.1%$238,100$545,600$783,700
2013$15,671+2.5%$238,100$528,000$766,100
2012$15,292-2.0%$228,100$550,000$778,100
2011$15,604-1.9%$228,100$551,700$779,800
2010$15,906-4.0%$228,100$584,200$812,300
2009$16,567-12.3%$228,100$674,600$902,700
2008$18,890+2.8%$240,000$761,000$1,001,000
2007$18,378+5.2%$240,000$948,800$1,188,800
2006$17,463+7.8%$240,000$902,800$1,142,800
2005$16,194+10.3%$240,000$902,800$1,142,800
2004$14,676-4.0%$220,000$840,900$1,060,900
2003$15,287+8.6%$220,000$749,200$969,200
2002$14,081+4.9%$236,000$610,300$846,300
2001$13,428+2.2%$226,000$578,900$804,900
2000$13,142+5.3%$191,000$536,300$727,300
1999$12,481+2.1%$191,000$499,700$690,700
1998$12,220+1.0%$170,900$502,800$673,700
1997$12,0990.0%$176,000$501,900$677,900
1996$12,099+5.8%$165,600$501,900$667,500
1995$11,431-2.1%$165,600$501,900$667,500
1994$11,671+2.3%$165,600$501,900$667,500
1993$11,409+5.1%$95,000$232,400$327,400
1992$10,852+7.5%$95,000$232,400$327,400
1991$10,099+28.6%$95,000$232,400$327,400
1990$7,854+6.6%$95,000$189,300$284,300
1989$7,370—$95,000$189,300$284,300