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27 Market Street, Somerset, NJ 08873 Property Information

27 Market Street, Somerset, NJ 08873 Property Information

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

Primary address 27 Market Street, Somerset
Zip code 08873
County Somerset
Municipality Franklin Township
Block 63
Lot 2

Sales & Tax Overview for 27 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 01/10/1975
Sale price $27,500
Arm's length
Current property tax $10,357

Lot & Building Information for 27 Market Street, Somerset

Building sqft 1,842
Building class Residential (2)
Acreage 0.111
Year built 1850
Stories 2
Exterior structural material
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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 27 Market Street, Somerset

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About 27 Market Street, Somerset

What is the year built & the total sq. ft. for 27 Market Street, Somerset, NJ 08873?

27 Market Street, Somerset, NJ 08873 was built in 1850 and has a total of 1,842 square feet.

What is the assessed value of 27 Market Street, Somerset, NJ 08873 and the property tax paid?

Assessed at $569,700, the tax amount paid for 27 Market Street, Somerset, NJ 08873 is $9,559.

When was 27 Market Street, Somerset, NJ 08873 last sold and what was the last sale price?

27 Market Street, Somerset, NJ 08873 was last sold in 01/10/1975 for $27,500.

Ownership Information

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Real Estate Reports:
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Apr 15, 2026 2026 Q1 Foreclosure Report: Brooklyn Filings Fall Sharply, Bronx & Staten Island Hit New Peaks
Behind a deceptively mild citywide downtick, borough foreclosure markets pulled into significantly diverging paths as Brooklyn cases were nearly halved and the Bronx hit a new, record high. Meanwhile, Queens remained unchanged, Staten Island surged back up and Manhattan cooled slowly.
Laura Pop-Badiu, Apr 09, 2026 How to Do a Title Search on Property Yourself: A Step-by-Step Online GuideĀ 
A property title search is the process of reviewing public records to confirm who legally owns a property and whether there are any liens, mortgages or legal claims attached to it. Explore our step-by-step guide explaining how you can perform a title search yourself. 
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Past Sales & Property History for 27 Market Street, Somerset

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Purchase date Purchase price Buyer name Seller name
01/10/1975 $27,500

Title Documents for 27 Market Street, Somerset

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Date Amount Grantor Grantee Document
01/10/1975 - D
         
         
         
         
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R: Recorded date
D: Document date

Property Taxes for 27 Market Street, Somerset

Access detailed property tax data for 27 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 $9,958
Current property tax $10,357
Market value $569,700

Assessment History for 27 Market Street, Somerset

Here's the assessment & property tax history for 27 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 $467,000 $467,000 1.748 $8,163 +2.34%
2023 $427,000 $427,000 1.868 $7,976 +27.73%
2022 $317,000 $317,000 1.97 $6,245 -8.16%
2021 $317,000 $317,000 2.145 $6,800 -2.37%
2020 $317,000 $317,000 2.197 $6,964 +1.64%

Risk

Create a free account to unlock extended information for 27 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) X (See more on map)
Fire hazard zone See more on map
Geohazard zones map

Transportation

Access the detailed traffic volume map for 27 Market 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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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 1.22
Amsterdam School 9 Public K-4 390 1.57
Somerset Christian Academy NR Private PK, K-12 0 2.38
Somerset Christian Academy NR Private PK, K-12 0 2.38
Weston Elementary School NR Public PK, K-2 381 2.40

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 1.22
Somerset Christian Academy NR Private PK, K-12 0 2.38
Alexander Batcho Intermediate School 2 Public 5-8 485 3.13
Christ The King Elementary School NR Private PK, K-8 202 3.16
Elite Prepartory Academy NR Private 5-12 80 3.19

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 1.22
Franklin Twp High School 3 Public 9-12 2,220 2.06
Somerset Christian Academy NR Private PK, K-12 0 2.38
Manville High School 2 Public 9-12 501 3.07
Elite Prepartory Academy NR Private 5-12 80 3.19

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

Neighbors for 27 Market Street, Somerset

Here are the neighbors for 27 Market Street, Somerset.

Address Square feet Purchase date Purchase price
13 Livingston Ave, Somerset 832 05/24/2023
11 Market St, Somerset 3,344 01/19/2012 $1
29 Market St, Somerset 1,744 08/22/1969 $9,000
10 Market St, Somerset 06/05/1974 $2,500
38 Market St, Somerset 01/30/2019 $10,100
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
14 William St, Somerset 01/19/2012 $1
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
2 Market St, Somerset 01/07/1964
32 William St, Somerset 1,960 08/16/1996 $1
26 Market St, Somerset 1,512 02/05/2016 $175,000
10 William St, Somerset 1,660 03/19/1984 $55,900
3 Market St, Somerset 2,304 05/28/2020 $310,000
5 Millstone Cwy, Somerset 05/20/1969 $500
7 Market St, Somerset 3,660 02/10/2009 $1

Nearby ZIP Codes for 27 Market Street, Somerset

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