2 Veronica Avenue, Somerset, NJ 08873 Property Information
2 Veronica Avenue, Somerset, NJ 08873 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 2 Veronica Avenue, Somerset |
| Zip code | 08873 |
| County | Somerset |
| Municipality | Franklin Township |
| Block | 90 |
| Lot | 1.01 |
Sales & Tax Overview for 2 Veronica Avenue, Somerset
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 07/28/2006 |
| Sale price | $600,000 |
| Arm's length | Register |
| Current property tax | $88,050 |
Lot & Building Information for 2 Veronica Avenue, Somerset
| Building sqft | 16,000 |
| Building class | Store-Retail (737) |
| Acreage | 2.93 |
Zoning, Use & Area Overview
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 2 Veronica Avenue, Somerset
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- • Improvements for 2 Veronica Avenue, 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 2 Veronica Avenue, Somerset
This Store-Retail (737) located at 2 Veronica Avenue, Somerset, NJ 08873 has a total of 16,000 square feet.
What is the market value of 2 Veronica Avenue, Somerset, NJ 08873?The current market value is $5,000,000.
Ownership Information
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Past Sales & Property History for 2 Veronica Avenue, Somerset
Create a free account to view the complete sales history for 2 Veronica Avenue, Somerset, including title documents, transfer conditions, mortgages and liens.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 07/28/2006 | $600,000 | Register | Register |
Title Documents for 2 Veronica Avenue, Somerset
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R: Recorded date
D: Document date
Property Taxes for 2 Veronica Avenue, Somerset
Access detailed property tax data for 2 Veronica Avenue, Somerset, NJ 08873. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Base tax | $83,900 |
| Current property tax | $88,050 |
| Market value | $5,000,000 |
Assessment History for 2 Veronica Avenue, Somerset
Here's the assessment & property tax history for 2 Veronica Avenue, 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 | $5,000,000 | $5,000,000 | 1.678 | $83,900 | -4.00% |
| 2024 | $5,000,000 | $5,000,000 | 1.748 | $87,400 | -6.42% |
| 2023 | $5,000,000 | $5,000,000 | 1.868 | $93,400 | +18.53% |
| 2022 | $4,000,000 | $4,000,000 | 1.97 | $78,800 | +8.05% |
| 2021 | $3,400,000 | $3,400,000 | 2.145 | $72,930 | -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% |
| People per household (average) | 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 2 Veronica Avenue, 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 2 Veronica Avenue, 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 2 Veronica Avenue, Somerset
Here are the neighbors for 2 Veronica Avenue, Somerset.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 105 Clyde Rd, Somerset | 3,094 | 04/08/2013 | $460,000 |
| 22 Roosevelt Ave, Somerset | 02/25/2015 | $2,025,000 | |
| 136 Delmonico Ave, Somerset | 1,560 | 09/16/2008 | $10,000 |
| 1391 Canal Rd, Princeton | 1,430 | 03/30/2023 | $355,100 |
| 115 Coppermine Rd, Franklin Twp | 13,664 | 07/22/2021 | $1 |
| 1665 Canal Rd, Princeton | 12/21/2015 | $1,684,352 | |
| 1213 Canal Rd, Franklin Twp | 6,428 | 09/11/2018 | $980,000 |
| 62 Bennetts Ln, Somerset | 1,324 | 02/19/2021 | $439,000 |
| 140 Delmonico Ave, Somerset | 2,154 | 07/12/2022 | $575,000 |
| 23 Roosevelt Ave, Somerset | 02/25/2015 | $2,025,000 | |
| 140 Old Georgetown Rd, Princeton | 2,072 | 11/02/2017 | $480,000 |
| 1439 Canal Rd, Princeton | 576 | 06/26/2007 | $1 |