Middlesex County  »  08512  »  Commerce Dr  »  51 Commerce Dr

51 Commerce Drive, Cranbury, NJ 08512 - Property report

Also known as: 51 Commerce Dr

Property image for 51 Commerce Drive, Cranbury, NJ 08512
static Mapbox map

Property type

Warehouse-Other (959)

Acreage

14.246

Sale price

$15,825,000

General information

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Address
Primary address
51 Commerce Drive
ZIP code
08512
County
Middlesex
Block
7
Lot
13.041
Municipality
1221
Parcel ID
7-13.041

Owner

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Sales
Sale date
08/12/2016
Sale price
$15,825,000
Arm's length
Tax
Tax year
2026
Base tax
$291,378
Current property tax
$281,447
Building
Property type
Warehouse-Other (959)
Building sq. ft.
214,793
Lot
Acreage
14.246
Zoning & Use
Zoning

Area overview

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

Ownership information for 51 Commerce Drive, Cranbury, NJ

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

Sales history for 51 Commerce Drive, Cranbury, NJ 08512

Sale date Sale price Buyer name Seller name
08/12/2016 $15,825,000 XXXX XX XXXXXXXX XXXXX XXX XXX XXXXXXXX XXXXXXXX XXX
11/21/2013 $8,300,000 XXX XXXXXXXX XXXXXXXX XXX XXXXXXXX XXX XXX
10/11/2012 $4,970,000 XXXXXXXX XXX XXX XXX XXXXXXXXXXX XX XXX

*Most recent sales on record for this property.

More about Middlesex County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
08/13/2025 - R
07/30/2025 - D
Deed W/O Abstra No XX XXXXXXXX XXXXX XXX XX XXXXXXXX XXXXX XXX
08/17/2016 - R
08/12/2016 - D
Deed and Realty Tax Fees XXX XXXXXXXX XXXXXXXX XXX XXXX XX XXXXXXXX XXXXX XXX
11/27/2013 - R
11/21/2013 - D
Deed and Realty Tax Fees XXXXXXXX XXX XXX XXX XXXXXXXX XXXXXXXX XXX
10/22/2012 - R
10/11/2012 - D
Deed and Realty Tax Fees XXX XXXXXXXXXXX XX XXX XXXXXXXX XXX XXX
06/29/2006 - R
06/22/2006 - D
Deed and Realty Tax Fees XX XXXXXXXX XXXXXXXXXX XXX XXX XXXXXXXXXXX XX XXX
05/25/2004 - D Deed and Realty Tax Fees

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 51 Commerce Drive, Cranbury, NJ

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

Current property tax
Tax year
2026
Base tax
$291,378
Current property tax
$281,447
Recent tax assessments
Market value
$5,223,700
Land value
$1,139,700
Building value
$4,084,000

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 $5,223,700 $5,223,700 5.578 $291,378 +4.13%
2024 $5,223,700 $5,223,700 5.357 $279,834 +3.72%
2023 $5,223,700 $5,223,700 5.165 $269,804 +3.07%
2022 $5,223,700 $5,223,700 5.011 $261,760 +0.42%
2021 $5,223,700 $5,223,700 4.99 $260,663 -0.99%
2020 $5,223,700 $5,223,700 5.04 $263,274 +10.08%
2019 $4,703,200 $4,703,200 5.085 $239,158 +2.48%
2018 $4,703,200 $4,703,200 4.962 $233,373 +1.08%
2017 $4,703,200 $4,703,200 4.909 $230,880 +37.34%
2016 $3,461,100 $3,461,100 4.857 $168,106 -12.69%

Permit information for 51 Commerce Drive, Cranbury, NJ

No recently recorded permits for this property.

Demographics by ZIP code

Total population
12,928
Median age
48.9
Average household income
$174,645
Family households
73.2%
People per household (average)
2.51
Occupied housing units
5,102
Owner-occupied units
57.5%
Median year structure built
1982
Median value mortgaged units
$764,500
Median value unmortgaged units
$579,900

Risk

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FEMA flood zones

FEMA flood zones
0.2, AE, X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 51 Commerce Drive, Cranbury, NJ 08512 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the market value of 51 Commerce Drive, Cranbury, NJ 08512?

The current market value of 51 Commerce Drive, Cranbury, NJ 08512 is $5,223,700.

What is the total square footage of 51 Commerce Drive, Cranbury, NJ 08512?

51 Commerce Drive, Cranbury, NJ 08512 has a total of 214,793 square feet.

What is the price per square foot for this property?

$73 per square foot is the price for 51 Commerce Drive, Cranbury, NJ 08512.

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