| Primary address | 2 Margaret Drive, Somerset |
| Zip code | 08873 |
| County | Somerset |
| Municipality | Franklin Township |
| Block | 84.01 |
| Lot | 36.42 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 10/18/2019 |
| Sale price | $564,500 |
| Arm's length | Register |
| Current property tax | $15,051 |
| Building sqft | 4,010 |
| Building class | Residential (2) |
| Acreage | 0.5 |
| Year built | 2001 |
| Stories | 2 |
| Exterior structural material | Register |
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:
2 Margaret Drive, Somerset, NJ 08873 was built in 2001 and has a total of 4,010 square feet.
What is the assessed value of 2 Margaret Drive, Somerset, NJ 08873 and the property tax paid?Assessed at $865,500, the tax amount paid for 2 Margaret Drive, Somerset, NJ 08873 is $14,523.
When was 2 Margaret Drive, Somerset, NJ 08873 last sold and what was the last sale price?2 Margaret Drive, Somerset, NJ 08873 was last sold in 10/18/2019 for $564,500.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
Create a free account to view the complete sales history for 2 Margaret Drive, 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 Margaret Drive, Somerset, NJ 08873. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Base tax | $14,523 |
| Current property tax | $15,051 |
| Market value | $865,500 |
Here's the assessment & property tax history for 2 Margaret Drive, 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 | $865,500 | $865,500 | 1.678 | $14,523 | +7.85% |
| 2024 | $770,400 | $770,400 | 1.748 | $13,467 | +5.83% |
| 2023 | $681,200 | $681,200 | 1.868 | $12,725 | +16.13% |
| 2022 | $556,200 | $556,200 | 1.97 | $10,957 | -8.16% |
| 2021 | $556,200 | $556,200 | 2.145 | $11,930 | -2.37% |
Create a free account to unlock extended information for 2 Margaret Drive, 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 |
Access the detailed traffic volume map for 2 Margaret Drive, 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) |
|---|---|---|---|---|---|
| Cedar Hill Prep School | NR | Private | PK-8 | 239 | 0.52 |
| Cedar Hill Prep School | NR | Private | PK-8 | 239 | 0.52 |
| The Center School | NR | Private | 3-12 | 100 | 0.52 |
| Somerset Bible Baptist Christian AC | NR | Private | K-12 | 82 | 0.52 |
| Rutgers Preparatory School | NR | Private | PK-12 | 623 | 0.52 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Cedar Hill Prep School | NR | Private | PK-8 | 239 | 0.52 |
| New Road School of Somerset | NR | Private | 7-12 | 180 | 0.52 |
| The Center School | NR | Private | 3-12 | 100 | 0.52 |
| Somerset Bible Baptist Christian AC | NR | Private | K-12 | 82 | 0.52 |
| Rutgers Preparatory School | NR | Private | PK-12 | 623 | 0.52 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| New Road School of Somerset | NR | Private | 7-12 | 180 | 0.52 |
| The Center School | NR | Private | 3-12 | 100 | 0.52 |
| Somerset Bible Baptist Christian AC | NR | Private | K-12 | 82 | 0.52 |
| Rutgers Preparatory School | NR | Private | PK-12 | 623 | 0.52 |
| Elite Prepartory Academy | NR | Private | 5-12 | 80 | 0.52 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Here are the neighbors for 2 Margaret Drive, Somerset.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 16 Margaret Dr, Somerset | 3,260 | 10/01/1999 | $329,121 |
| 18 Margaret Dr, Somerset | 3,262 | 08/15/2022 | $773,000 |
| 79 Dahmer Rd, Somerset | 3,046 | 02/22/2000 | |
| 69 Dahmer Dr, Somerset | 3,072 | 04/28/2000 | $323,205 |
| 22 Margaret Dr, Somerset | 3,336 | 06/26/2008 | $571,500 |
| 71 Dahmer Rd, Somerset | 3,535 | 07/19/2023 | $800,000 |
| 67 Dahmer Dr, Somerset | 3,284 | 02/04/2000 | $347,675 |
| 65 Dahmer Dr, Somerset | 4,390 | 04/17/2001 | $405,000 |
| 8 Margaret Dr, Somerset | 3,276 | 01/25/2023 | $665,000 |
| 14 Margaret Dr, Somerset | 3,090 | 11/12/2018 | $100 |
| 77 Dahmer Rd, Somerset | 2,830 | 01/31/2020 | $572,000 |
| 73 Dahmer Rd, Somerset | 3,082 | 07/29/2007 | $1 |
| 6 Margaret Dr, Somerset | 4,670 | 07/22/2011 | $574,000 |
| 81 Dahmer Rd, Somerset | 2,948 | 08/07/2024 | |
| 20 Margaret Dr, Somerset | 3,588 | 04/26/2016 | $1 |
| 63 Dahmer Rd, Somerset | 4,020 | 05/15/2012 | $527,000 |
| 4 Margaret Dr, Somerset | 3,294 | 07/01/2015 | $625,000 |
| 10 Margaret Dr, Somerset | 2,830 | 06/20/2008 | $538,000 |
| 12 Margaret Dr, Somerset | 3,276 | 08/30/2002 | |
| 75 Dahmer Rd, Somerset | 3,064 | 05/09/2017 | $559,000 |