| Primary address | 2 Market Street, Somerset |
| Zip code | 08873 |
| County | Somerset |
| Municipality | Franklin Township |
| Block | 60 |
| Lot | 25 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Current property tax | $0 |
| Building class | Public Property (15C) |
| Acreage | 0.048 |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Property reports include comprehensive occupancy, improvement and development information (where available).
Create a free account to access valuable data points such as:
Assessed at $4,400, the tax amount paid for 2 Market Street, Somerset, NJ 08873 is $73.
When was 2 Market Street, Somerset, NJ 08873 last sold?2 Market Street, Somerset, NJ 08873 was last sold in 01/07/1964.
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Create a free account to view the complete sales history for 2 Market Street, Somerset, including title documents, transfer conditions, mortgages and liens.
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.
R: Recorded date
D: Document date
Access detailed property tax data for 2 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 | $74 |
| Current property tax | $0 |
| Market value | $4,400 |
Here's the assessment & property tax history for 2 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 |
|---|---|---|---|---|---|
| 2025 | $4,400 | $4,400 | 1.678 | $74 | -4.00% |
| 2024 | $4,400 | $4,400 | 1.748 | $77 | -6.42% |
| 2023 | $4,400 | $4,400 | 1.868 | $82 | -5.18% |
| 2022 | $4,400 | $4,400 | 1.97 | $87 | -8.16% |
| 2021 | $4,400 | $4,400 | 2.145 | $94 | -2.37% |
Create a free account to unlock extended information for 2 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) | AE (See more on map) |
| Fire hazard zone | See more on map |
| Geohazard zones map | Register |
Access the detailed traffic volume map for 2 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 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Central Jersey College Prep Charter School | 8 | Charter | K-12 | 1,288 | 1.13 |
| Amsterdam School | 9 | Public | K-4 | 390 | 1.68 |
| Somerset Christian Academy | NR | Private | PK, K-12 | 0 | 2.28 |
| Somerset Christian Academy | NR | Private | PK, K-12 | 0 | 2.28 |
| Weston Elementary School | NR | Public | PK, K-2 | 381 | 2.31 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Central Jersey College Prep Charter School | 8 | Charter | K-12 | 1,288 | 1.13 |
| Somerset Christian Academy | NR | Private | PK, K-12 | 0 | 2.28 |
| Alexander Batcho Intermediate School | 2 | Public | 5-8 | 485 | 3.05 |
| Christ The King Elementary School | NR | Private | PK, K-8 | 202 | 3.07 |
| New Road School of Somerset | NR | Private | 7-12 | 180 | 3.17 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Central Jersey College Prep Charter School | 8 | Charter | K-12 | 1,288 | 1.13 |
| Franklin Twp High School | 3 | Public | 9-12 | 2,220 | 1.96 |
| Somerset Christian Academy | NR | Private | PK, K-12 | 0 | 2.28 |
| Manville High School | 2 | Public | 9-12 | 501 | 2.99 |
| New Road School of Somerset | NR | Private | 7-12 | 180 | 3.17 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Here are the neighbors for 2 Market Street, Somerset.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 29 Market St, Somerset | 1,744 | 08/22/1969 | $9,000 |
| 13 Livingston Ave, Somerset | 832 | 05/24/2023 | |
| 11 Market St, Somerset | 3,344 | 01/19/2012 | $1 |
| 10 Market St, Somerset | 06/05/1974 | $2,500 | |
| 38 Market St, Somerset | 01/30/2019 | $10,100 | |
| 362 Canal Rd, South Bound Brook | 07/28/1966 | ||
| 430 Canal Rd, Somerset | 07/05/1967 | $13,000 | |
| 25 Market St, Somerset | 2,319 | 07/30/2007 | $385,000 |
| 2378 Amwell Rd, Somerset | 1,750 | 06/14/1962 | $6,500 |
| 15 Market St, Somerset | 5,039 | 07/01/1970 | $27,000 |
| 9 Market St, Somerset | 1,860 | 06/21/2011 | $1 |
| 30 Market St, Somerset | 1,398 | 10/13/2021 | $401,000 |
| 358 Canal Rd, South Bound Brook | 06/20/1966 | ||
| 28 Market St, Somerset | 1,680 | 07/27/2000 | $200,000 |
| 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 | |
| 7 Millstone Cwy, Somerset | 01/26/1982 | ||
| 390 Canal Rd, South Bound Brook | 07/11/1966 | $5,000 |