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38 Market Street, Somerset, NJ 08873 Property Information

38 Market Street, Somerset, NJ 08873 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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38 Market Street, Somerset, NJ 08873
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Address

Primary address 38 Market Street, Somerset
Zip code 08873
County Somerset
Municipality Franklin Township
Block 60
Lot 18

Sales & Tax Overview for 38 Market Street, Somerset

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 01/30/2019
Sale price $10,100
Arm's length
Current property tax $5,683

Lot & Building Information for 38 Market Street, Somerset

Building class Vacant Land (1)
Acreage 1.343
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district Residential (R-15)
Broadband internet providers and speed map
Types of broadband connections map

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 38 Market Street, Somerset

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  • • Improvements for 38 Market Street, Somerset , including their type, square footage, grade and when they were built.
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About 38 Market Street, Somerset

What is the market value of 38 Market Street, Somerset, NJ 08873?

The current market value is $312,600.

Ownership Information

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Past Sales & Property History for 38 Market Street, Somerset

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Purchase date Purchase price Buyer name Seller name
01/30/2019 $10,100
01/02/2019 $60,000
       
       
       
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Title Documents for 38 Market Street, Somerset

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Date Amount Grantor Grantee Document
01/30/2019 - D
02/05/2019 - R
01/02/2019 - D
01/21/2020 - R
09/17/2018 - D
09/24/2018 - R
03/07/2012 - D
07/02/2012 - R
07/05/1910 - D
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R: Recorded date
D: Document date

Property Taxes for 38 Market Street, Somerset

Access detailed property tax data for 38 Market Street, Somerset, NJ 08873. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Base tax $5,464
Current property tax $5,683
Market value $312,600

Assessment History for 38 Market Street, Somerset

Here's the assessment & property tax history for 38 Market 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 $291,600 $291,600 1.748 $5,097 +3.52%
2023 $263,600 $263,600 1.868 $4,924 +33.95%
2022 $186,600 $186,600 1.97 $3,676 -8.16%
2021 $186,600 $186,600 2.145 $4,003 -2.37%
2020 $186,600 $186,600 2.197 $4,100 +2.27%

Risk

Create a free account to unlock extended information for 38 Market 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) 0.2, X (See more on map)
Fire hazard zone See more on map
Geohazard zones map

Transportation

Access the detailed traffic volume map for 38 Market Street, Somerset to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

View daily traffic map

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance to school (mi)
Central Jersey College Prep Charter School 8 Charter K-12 1,288 1.30
Amsterdam School 9 Public K-4 390 1.51
Woods Road Elementary School 10 Public PK, K-4 375 2.38
Woods Road Elementary School 10 Public PK, K-4 375 2.38
Weston Elementary School NR Public PK, K-2 381 2.43

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
Central Jersey College Prep Charter School 8 Charter K-12 1,288 1.30
Somerset Christian Academy NR Private PK, K-12 0 2.43
Alexander Batcho Intermediate School 2 Public 5-8 485 3.16
Christ The King Elementary School NR Private PK, K-8 202 3.19
Rutgers Preparatory School NR Private PK-12 623 3.24

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
Central Jersey College Prep Charter School 8 Charter K-12 1,288 1.30
Franklin Twp High School 3 Public 9-12 2,220 2.13
Somerset Christian Academy NR Private PK, K-12 0 2.43
Manville High School 2 Public 9-12 501 3.10
Rutgers Preparatory School NR Private PK-12 623 3.24

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 38 Market Street, Somerset

Here are the neighbors for 38 Market Street, Somerset.

Address Square feet Purchase date Purchase price
10 Market St, Somerset 06/05/1974 $2,500
29 Market St, Somerset 1,744 08/22/1969 $9,000
362 Canal Rd, South Bound Brook 07/28/1966
430 Canal Rd, Somerset 07/05/1967 $13,000
2378 Amwell Rd, Somerset 1,750 06/14/1962 $6,500
25 Market St, Somerset 2,319 07/30/2007 $385,000
2 Blackwells Mills Rd, Somerset 01/25/1967 $7,000
30 Market St, Somerset 1,398 10/13/2021 $401,000
358 Canal Rd, South Bound Brook 06/20/1966
2 Market St, Somerset 01/07/1964
28 Market St, Somerset 1,680 07/27/2000 $200,000
22 Blackwells Mills Rd, Somerset 05/17/1978 $86,907
26 Market St, Somerset 1,512 02/05/2016 $175,000
27 Market St, Somerset 1,842 01/10/1975 $27,500
32 William St, Somerset 1,960 08/16/1996 $1
5 Millstone Cwy, Somerset 05/20/1969 $500
490 Canal Rd, Somerset 10/05/1979
7 Millstone Cwy, Somerset 01/26/1982
390 Canal Rd, South Bound Brook 07/11/1966 $5,000
598 Canal Rd, Somerset 1,381

Nearby ZIP Codes for 38 Market Street, Somerset

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