125 Belmont Drive, Somerset, NJ 08873 Property Information
125 Belmont Drive, Somerset, NJ 08873 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 125 Belmont Drive, Somerset |
| Zip code | 08873 |
| County | Somerset |
| Municipality | Franklin Township |
| Block | 528.06 |
| Lot | 5.08 |
Sales & Tax Overview for 125 Belmont Drive, Somerset
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 03/23/2006 |
| Sale price | $1 |
| Arm's length | Register |
| Current property tax | $214,245 |
Lot & Building Information for 125 Belmont Drive, Somerset
| Building sqft | 56,923 |
| Building class | Warehouse |
| Acreage | 5.847 |
Zoning, Use & Area Overview
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 125 Belmont Drive, Somerset
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- • Improvements for 125 Belmont Drive, Somerset , including their type, square footage, grade and when they were built.
- • Development maps such as planimetric, zoning, land use and urban landscape maps (building age and stories).
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About 125 Belmont Drive, Somerset
This Warehouse (SCILSI) located at 125 Belmont Drive, Somerset, NJ 08873 has a total of 56,923 square feet.
What is the market value of 125 Belmont Drive, Somerset, NJ 08873?The current market value is $12,320,000.
Ownership Information
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Past Sales & Property History for 125 Belmont Drive, Somerset
Create a free account to view the complete sales history for 125 Belmont Drive, Somerset, including title documents, transfer conditions, mortgages and liens.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 03/23/2006 | $1 | Register | Register |
Title Documents for 125 Belmont Drive, Somerset
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R: Recorded date
D: Document date
Property Taxes for 125 Belmont Drive, Somerset
Access detailed property tax data for 125 Belmont Drive, Somerset, NJ 08873. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Base tax | $206,730 |
| Current property tax | $214,245 |
| Market value | $12,320,000 |
Assessment History for 125 Belmont Drive, Somerset
Here's the assessment & property tax history for 125 Belmont Drive, Somerset, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessment value | Total tax rate | Property tax | Year over year change |
|---|---|---|---|---|---|
| 2025 | $12,320,000 | $12,320,000 | 1.678 | $206,730 | -4.00% |
| 2024 | $12,320,000 | $12,320,000 | 1.748 | $215,354 | -6.42% |
| 2023 | $12,320,000 | $12,320,000 | 1.868 | $230,138 | -5.18% |
| 2022 | $12,320,000 | $12,320,000 | 1.97 | $242,704 | -8.16% |
| 2021 | $12,320,000 | $12,320,000 | 2.145 | $264,264 | -2.37% |
Demographics by Zip Code
| Total population | 56,327 |
| Median age | 40.4 |
| Average household income | $156,289 |
| Family households | 67.3% |
| Occupied housing units | 21,831 |
| Owner occupied units | 67.6% |
| Average number of people per household | 2.55 |
| Median year structure built | 1984 |
| Median value for units with a mortgage | $465,600 |
| Median value for units without a mortgage | $466,100 |
Risk
Create a free account to unlock extended information for 125 Belmont Drive, Somerset, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).
| FEMA flood zone(s) | X (See more on map) |
| Fire hazard zone | See more on map |
| Geohazard zones map | Register |
Transportation
Access the detailed traffic volume map for 125 Belmont Drive, Somerset to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
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Neighbors for 125 Belmont Drive, Somerset
Here are the neighbors for 125 Belmont Drive, Somerset.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 19 Tudor Dr, Somerset | 2,776 | 06/17/2022 | $590,000 |
| 29 Clifford Cir, Somerset | 2,016 | 07/01/2015 | $403,280 |
| 9 Tudor Dr, Somerset | 2,056 | 07/31/2014 | $382,725 |
| 17 Tudor Dr, Somerset | 2,056 | 05/23/2014 | $380,600 |
| 15 Tudor Dr, Somerset | 2,040 | 07/25/2014 | $403,241 |
| 11 Tudor Dr, Somerset | 2,016 | 07/29/2014 | $350,830 |
| 25 Clifford Cir, Somerset | 2,040 | 01/09/2017 | $409,000 |
| 114 Cortelyous Ln, Somerset | 5,742 | 11/03/2011 | $300,000 |
| 27 Clifford Cir, Somerset | 2,016 | 07/05/2024 | $675,000 |
| 193 Churchill Ave, Somerset | 6,156 | 07/23/2018 | $550,000 |
| 195 Churchill Ave, Somerset | 5,634 | 09/17/2015 | $550,000 |
| 7 Tudor Dr, Somerset | 2,056 | 11/13/2014 | $393,600 |
| 13 Tudor Dr, Somerset | 2,016 | 10/25/2017 | $424,000 |