25 Commerce Drive, Somerset, NJ 08873 Property Information
25 Commerce Drive, Somerset, NJ 08873 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 25 Commerce Drive, Somerset |
| Zip code | 08873 |
| County | Somerset |
| Municipality | Franklin Township |
| Block | 86.01 |
| Lot | 4.04 |
Sales & Tax Overview for 25 Commerce Drive, Somerset
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Current property tax | $107,992 |
Lot & Building Information for 25 Commerce Drive, Somerset
| Building sqft | 61,045 |
| Building class | Warehouse-General Storage (951) |
| Acreage | 4.114 |
| Stories | 1 |
Zoning, Use & Area Overview
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 25 Commerce Drive, Somerset
Property reports include comprehensive occupancy, improvement and development information (where available).
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- • Improvements for 25 Commerce Drive, Somerset , including their type, square footage, grade and when they were built.
- • Development maps such as planimetric, zoning, land use and urban landscape maps (building age and stories).
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About 25 Commerce Drive, Somerset
This Warehouse-General Storage (951) located at 25 Commerce Drive, Somerset, NJ 08873 has a total of 61,045 square feet.
What is the market value of 25 Commerce Drive, Somerset, NJ 08873?The current market value is $6,210,000.
Ownership Information
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Past Sales & Property History for 25 Commerce Drive, Somerset
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No recorded sales for this property.
Title Documents for 25 Commerce Drive, Somerset
Data not available for this property.
Property Taxes for 25 Commerce Drive, Somerset
Access detailed property tax data for 25 Commerce Drive, Somerset, NJ 08873. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Base tax | $104,204 |
| Current property tax | $107,992 |
| Market value | $6,210,000 |
Assessment History for 25 Commerce Drive, Somerset
Here's the assessment & property tax history for 25 Commerce 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 | $6,210,000 | $6,210,000 | 1.678 | $104,204 | -4.00% |
| 2024 | $6,210,000 | $6,210,000 | 1.748 | $108,551 | -6.42% |
| 2023 | $6,210,000 | $6,210,000 | 1.868 | $116,003 | +6.29% |
| 2022 | $5,540,000 | $5,540,000 | 1.97 | $109,138 | +6.89% |
| 2021 | $4,760,000 | $4,760,000 | 2.145 | $102,102 | -2.37% |
Demographics by Zip Code
| Total population | 56,327 |
| Median age | 40.4 |
| Average household income | $156,289 |
| Family households | 67.3% |
| Occupied housing units | 21,831 |
| Owner occupied units | 67.6% |
| Average number of people per household | 2.55 |
| Median year structure built | 1984 |
| Median value for units with a mortgage | $465,600 |
| Median value for units without a mortgage | $466,100 |
Risk
Create a free account to unlock extended information for 25 Commerce 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 |
Transportation
Access the detailed traffic volume map for 25 Commerce Drive, 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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Neighbors for 25 Commerce Drive, Somerset
Here are the neighbors for 25 Commerce Drive, Somerset.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 262 Bennetts Ln, Somerset | 3,578 | 05/05/2025 | |
| 264 Bennetts Ln, Somerset | 2,480 | 04/10/1987 | $150,000 |
| 278 Bennetts Ln, Somerset | 2,122 | 03/27/2000 | $222,000 |
| 120 Clyde Rd, Somerset | 49,220 | 05/15/1979 | |
| 236 Skillmans Ln, Somerset | 3,020 | 07/09/2004 | $1 |
| 268 Bennetts Ln, Somerset | 3,134 | 12/23/2019 | $1 |
| 288 Bennetts Ln, Somerset | 1,786 | 11/21/2011 | $1 |
| 238 Skillmans Ln, Somerset | 1,209 | 10/10/2005 | $100 |
| 230 Skillmans Ln, Somerset | 1,302 | 04/30/2025 | $1,500,000 |
| 1743 Route 27, Somerset | 9,548 | 07/28/2017 | $1,225,000 |
| 408 Skillmans Ln, Somerset | 1,591 | 12/05/2025 | $275,000 |
| 284 Bennetts Ln, Somerset | 1,260 | 01/23/1998 | $100 |
| 435 Bennetts Ln, Somerset | |||
| 218 Skillmans Ln, Somerset | 05/03/2012 | $10 | |
| 272 Bennetts Ln, Somerset | 2,386 | 01/25/2022 | $421,000 |
| 282 Bennetts Ln, Somerset | 2,122 | 07/15/1983 | $102,000 |
| 260 Skillmans Ln, Somerset | 04/12/2004 | $1 | |
| 110 Clyde Rd, Somerset | 65,265 | 11/16/1972 | $140,000 |
| 357 Bennetts Ln, Somerset | 2,466 | 03/26/2005 | $1 |
| 372 Bennetts Ln, Somerset | 720 | 01/19/1982 | $57,500 |