541 Phillip Lane Watchung, NJ 07069

Built 1970 · Residential1 owner signal on a paid plan
Assessed
$863,000
Last sale
$536,000Feb 19, 2013
Built
1970
Size
4,813 sq ft
Status
No open cases

Property information

Block
7008
Lot
12
Qualifier
—
County
Somerset
Municipality
Watchung Boro
Tax map page
21
Land description
1.50

Building details

Building class
18
Description
2S-F
Dwellings
1
Zoning
R-R
Square feet
4,813
Acreage
1.5 ac

Assessment

Land value
$364,400
42%
Improvement value
$498,600
58%
Total assessment
$863,000
Sale assessment
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Tax (2024)
$15,866

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.

18 events · 1970–2023

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  • Mortgage discharged

    Instrument2023013282CountySomerset
  • Mortgage recorded

    Instrument2023012394CountySomerset
  • Mortgage discharged

    Instrument2023004247CountySomerset
  • 6 years
  • Mortgage recorded

    Instrument2017002917CountySomerset
  • Notice of settlement recorded

    Instrument2016049505CountySomerset
  • Mortgage discharged

    Instrument2013018720CountySomerset
  • Deed recorded

    +65% vs 1995
    $536,000
    Held8.8 yrs
  • Mortgage recorded

    Instrument2013009690CountySomerset
  • Lis pendens

    Instrument2012036130CountySomerset
  • Foreclosure Case

    1. Filed
    2. Dismissed
    Type: Residential Mortgage Foreclosure
    Status: Closed
    Disposition: Dismissed Rule 1
    CourtGeneral Equity
  • Mortgage assigned

    Instrument2011041777CountySomerset
  • 7 years
  • Mortgage assigned

    Instrument2005001701CountySomerset
  • Mortgage recorded

    Instrument2004048583CountySomerset
  • 9 years
  • Deed recorded

    -46% vs 1988
    $325,000
    Held1.8 yrs
  • 7 years
  • Deed recorded

    $600,000
  • 18 years
  • Property Built

YearProperty taxChangeLandImprovementAssessment
2024$15,866+3.8%$364,400$498,600$863,000
2023$15,279+3.6%$333,900$460,200$794,100
2022$14,743+2.5%$287,000$421,900$708,900
2021$14,379+3.9%$279,900$407,100$687,000
2020$13,838+6.5%$274,500$401,200$675,700
2019$12,999+5.3%$274,500$392,400$666,900
2018$12,347-3.6%$266,400$386,500$652,900
2017$12,807+4.3%$235,800$388,100$623,900
2016$12,274-1.6%$235,800$376,700$612,500
2015$12,478-5.6%$214,200$365,300$579,500
2014$13,215-3.2%$204,700$391,200$595,900
2013$13,649+4.5%$204,700$434,000$638,700
2012$13,064+3.3%$196,700$481,000$677,700
2011$12,650-1.4%$196,700$469,500$666,200
2010$12,824-9.1%$196,700$461,800$658,500
2009$14,114-1.3%$196,700$531,100$727,800
2008$14,295+2.6%$207,000$633,100$840,100
2007$13,935+5.2%$207,000$680,900$887,900
2006$13,251+6.7%$207,000$647,900$854,900
2005$12,416+6.9%$207,000$647,900$854,900
2004$11,618+0.3%$191,000$610,000$801,000
2003$11,588+6.4%$191,000$563,400$754,400
2002$10,887+5.3%$180,900$452,300$633,200
2001$10,340+5.7%$176,900$438,200$615,100
2000$9,781+2.3%$149,900$406,000$555,900
1999$9,562+3.3%$149,900$362,200$512,100
1998$9,260-11.2%$140,400$373,700$514,100
1997$10,4320.0%$140,400$371,200$511,600
1996$10,432+5.8%$140,400$432,800$573,200
1995$9,859-2.6%$140,400$432,800$573,200
1994$10,124+2.3%$140,400$432,800$573,200
1993$9,898+5.1%$80,000$202,800$282,800
1992$9,417+7.4%$80,000$202,800$282,800
1991$8,767+11.5%$80,000$202,800$282,800
1990$7,862+6.5%$80,000$202,800$282,800
1989$7,381—$80,000$202,800$282,800