695 Hamilton Street, Somerset, NJ 08873 Property Information
695 Hamilton Street, Somerset, NJ 08873 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 695 Hamilton Street, Somerset |
| Zip code | 08873 |
| County | Somerset |
| Municipality | Franklin Township |
| Block | 219 |
| Lot | 1.02 |
Sales & Tax Overview for 695 Hamilton Street, Somerset
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 06/30/2015 |
| Sale price | $1,250,000 |
| Arm's length | Register |
| Current property tax | $382,620 |
Lot & Building Information for 695 Hamilton Street, Somerset
| Building sqft | 93,616 |
| Building class | Bank-Branch (051) |
| Acreage | 2.009 |
| Year built | 1957 |
| Units | 61 |
| Exterior structural material | Register |
Zoning, Use & Area Overview
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 695 Hamilton Street, Somerset
Property reports include comprehensive occupancy, improvement and development information (where available).
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- • Improvements for 695 Hamilton Street, 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 695 Hamilton Street, Somerset
This Bank-Branch (051) located at 695 Hamilton Street, Somerset, NJ 08873 has a total of 93,616 square feet and a current price per square foot of $13.
What is the year built & the current market value of 695 Hamilton Street, Somerset, NJ 08873?695 Hamilton Street, Somerset, NJ 08873 was built in 1957 and has a current tax assessor's market value of $21,000,000.
How many commercial spaces does this building have?This building has 61 commercial spaces available for lease.
Ownership Information
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Past Sales & Property History for 695 Hamilton Street, Somerset
Create a free account to view the complete sales history for 695 Hamilton Street, Somerset, including title documents, transfer conditions, mortgages and liens.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 06/30/2015 | $1,250,000 | Register | Register |
Title Documents for 695 Hamilton Street, Somerset
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
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R: Recorded date
D: Document date
Property Taxes for 695 Hamilton Street, Somerset
Access detailed property tax data for 695 Hamilton Street, Somerset, NJ 08873. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Base tax | $367,080 |
| Current property tax | $382,620 |
| Market value | $21,000,000 |
Assessment History for 695 Hamilton Street, Somerset
Here's the assessment & property tax history for 695 Hamilton Street, 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 |
|---|---|---|---|---|---|
| 2024 | $21,000,000 | $21,000,000 | 1.748 | $367,080 | -6.42% |
| 2023 | $21,000,000 | $21,000,000 | 1.868 | $392,280 | +38.76% |
| 2022 | $14,350,000 | $14,350,000 | 1.97 | $282,695 | -4.15% |
| 2021 | $13,750,000 | $13,750,000 | 2.145 | $294,938 | -2.37% |
| 2020 | $13,750,000 | $13,750,000 | 2.197 | $302,088 | +302.76% |
Demographics By Zip Code
| Total population | 55,862 |
| Median age | 40 |
| Average household income | $148,780 |
| Family households | 65.2% |
| Occupied housing units | 21,641 |
| Owner occupied units | 67.3% |
| Average number of people per household | 2 |
| Median year structure built | 1985 |
| Median value for units with a mortgage | $433,700 |
| Median value for units without a mortgage | $445,400 |
Risk
Create a free account to unlock extended information for 695 Hamilton Street, 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 695 Hamilton Street, 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 695 Hamilton Street, Somerset
Here are the neighbors for 695 Hamilton Street, Somerset.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 1 JFK Blvd, Somerset | 07/26/2016 | $81,990,741 | |
| 3059 Route 27, Franklin Park | 16,592 | 09/14/2017 | $1 |
| 269 Cedar Grove Ln, Somerset | 2,442 | ||
| 1991 Amwell Rd, Somerset | 4,068 | ||
| 54 Bryant CT, Somerset | 2,454 | 02/11/2021 | $502,645 |
| 125 Alcorne St, Somerset | 1,702 | 10/19/2015 | |
| 58 Bryant CT, Somerset | 3,025 | 06/19/2020 | $675,538 |
| 870 Hamilton St, Somerset | 5,740 | 02/28/2017 | $675,000 |
| 119 Delmonico Ave, Somerset | 3,123 | 06/20/2017 | $559,900 |
| 1993 Amwell Rd, Somerset | 3,872 | 12/28/2018 | $700,000 |
| 127 Alcorne St, Somerset | 1,702 | 07/29/2024 | $480,000 |
| 16 Rose St, Somerset | 912 | 10/29/2007 | $224,000 |
| 56 Bryant CT, Somerset | 3,025 | 06/28/2022 | $376,000 |
| 304 W Point Ave, Somerset | 2,983 | 09/26/2013 | $150,000 |
| 111 Cedar Grove Ln, Somerset | 31,122 |