Somerset County  »  08876  »  Millennium Way  »  2 Millennium Way

2 Millennium Way, Somerville, NJ 08876 - Property report

Also known as: 2 Millennium Way

Property image for 2 Millennium Way, Somerville, NJ 08876
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Property type

Industrial/Manufacturing (330)

Year built

2005

Acreage

5.981

Sale price

$1

General information

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Address
Primary address
2 Millennium Way
ZIP code
08876
County
Somerset
Block
61.04
Lot
1.29
Municipality
1805
Qualifier
Parcel ID
61.04-1.29

Owner

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Sales
Sale date
08/01/2019
Sale price
$1
Arm's length
Tax
Tax year
2026
Current property tax
$242,165
Building
Property type
Industrial/Manufacturing (330)
Building sq. ft.
77,200
Year built
2005
Exterior structural material
Lot
Acreage
5.981
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
19 /100.  Car-Dependent
Transit score
0 /100.  Minimal Transit
Bike score
21 /100.  Somewhat Bikeable
Broadband internet providers and speed map
Types of broadband connections
Ownership

Ownership information for 2 Millennium Way, Somerville, NJ

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 2 Millennium Way, Somerville, NJ 08876

Sale date Sale price Buyer name Seller name
08/01/2019 $1 XXXXXXXXXX XXXXXXXX XXXXXXXXX, XXXXXXX & XXXXX, X

*Most recent sale on record for this property.

More about Somerset County property records.

Title documents

No recently recorded documents for this property.

Tax

Property taxes for 2 Millennium Way, Somerville, NJ

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026
Property tax
$242,165
Recent tax assessments
Market value
$14,170,000
Land value
$4,790,000
Building value
$9,380,000

More about Somerset County property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $13,080,000 $13,080,000 1.709 $223,537 +12.75%
2024 $10,990,000 $10,990,000 1.804 $198,260 +0.30%
2023 $10,565,000 $10,565,000 1.871 $197,671 +5.12%
2022 $9,550,000 $9,550,000 1.969 $188,040 +1.61%
2021 $8,754,000 $8,754,000 2.114 $185,060 -1.35%
2020 $8,754,000 $8,754,000 2.143 $187,598 +16.07%
2019 $7,500,000 $7,500,000 2.155 $161,625 +4.75%
2018 $7,140,000 $7,140,000 2.161 $154,295 +4.28%
2017 $6,800,000 $6,800,000 2.176 $147,968 +2.14%
2016 $6,615,000 $6,615,000 2.19 $144,869 +5.19%
Permits

Permit information for 2 Millennium Way, Somerville, NJ

No recently recorded permits for this property.

Neighborhood

Demographics by ZIP code

Total population
23,380
Median age
39.6
Average household income
$152,500
Family households
61.0%
People per household (average)
2.33
Occupied housing units
9,885
Owner-occupied units
61.1%
Median year structure built
1969
Median value mortgaged units
$488,300
Median value unmortgaged units
$477,200

Risk

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FEMA flood zones

FEMA flood zones
X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map
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Access the detailed traffic volume map for 2 Millennium Way, Somerville, NJ 08876 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Neighbors for 2 Millennium Way, Somerville, NJ

3444 Round Hill Rd, Somerville 1200 Route 202, Somerville 4 Millennium Way, Somerville

Nearby ZIP codes for 2 Millennium Way, Somerville, NJ

07059, Somerset County, NJ 07920, Somerset County, NJ 07921, Somerset County, NJ 07924, Somerset County, NJ 07931, Morris County, NJ 07931, Somerset County, NJ 07934, Somerset County, NJ 07977, Somerset County, NJ 07979, Somerset County, NJ 08502, Somerset County, NJ 08805, Somerset County, NJ 08807, Somerset County, NJ 08821, Somerset County, NJ 08835, Somerset County, NJ 08836, Somerset County, NJ 08853, Somerset County, NJ 08869, Somerset County, NJ 08880, Somerset County, NJ

Frequently asked questions

What is the year built for 2 Millennium Way, Somerville, NJ 08876?

The development at 2 Millennium Way, Somerville, NJ 08876 was built in 2005.

What is the market value of 2 Millennium Way, Somerville, NJ 08876?

The current market value of 2 Millennium Way, Somerville, NJ 08876 is $14,170,000.

What is the total square footage of 2 Millennium Way, Somerville, NJ 08876?

2 Millennium Way, Somerville, NJ 08876 has a total of 77,200 square feet.

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