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105 Commerce Drive, Somerset, NJ 08873 Property Information

105 Commerce Drive, Somerset, NJ 08873 Property Information

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  • Owner
  • Documents
  • Tax
  • Neighborhood
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105 Commerce Drive, Somerset, NJ 08873
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Address

Primary address 105 Commerce Drive, Somerset
Zip code 08873
County Somerset
Municipality Franklin Township
Block 86.01
Lot 10.30

Sales & Tax Overview for 105 Commerce Drive, Somerset

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

Sale date 01/01/1999
Sale price $10
Arm's length
Current property tax $34,780

Lot & Building Information for 105 Commerce Drive, Somerset

Building class Parking Lot (212)
Acreage 4.222
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district Light Manufacturing (M-2)
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 105 Commerce Drive, Somerset

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About 105 Commerce Drive, Somerset

What is the market value of 105 Commerce Drive, Somerset, NJ 08873?

The current market value is $2,000,000.

Ownership Information

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Past Sales & Property History for 105 Commerce Drive, Somerset

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Purchase date Purchase price Buyer name Seller name
01/01/1999 $10

Title Documents for 105 Commerce Drive, Somerset

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Date Amount Grantor Grantee Document
01/01/1999 - D
         
         
         
         
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R: Recorded date
D: Document date

Property Taxes for 105 Commerce Drive, Somerset

Access detailed property tax data for 105 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 $33,560
Current property tax $34,780
Market value $2,000,000

Assessment History for 105 Commerce Drive, Somerset

Here's the assessment & property tax history for 105 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 $2,000,000 $2,000,000 1.678 $33,560 -4.00%
2024 $2,000,000 $2,000,000 1.748 $34,960 +24.77%
2023 $1,500,000 $1,500,000 1.868 $28,020 -5.18%
2022 $1,500,000 $1,500,000 1.97 $29,550 +0.85%
2021 $1,366,000 $1,366,000 2.145 $29,301 -2.37%

Risk

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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 105 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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Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance to school (mi)
The Center School NR Private 3-12 100 0.44
Community Baptist Christian Academy NR Private PK-2 47 0.44
Community Baptist Christian Academy NR Private PK-2 47 0.44
Rutgers Preparatory School NR Private PK-12 623 0.44
Rutgers Preparatory School NR Private PK-12 623 0.44

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
New Road School of Somerset NR Private 7-12 180 0.44
The Center School NR Private 3-12 100 0.44
Rutgers Preparatory School NR Private PK-12 623 0.44
Elite Prepartory Academy NR Private 5-12 80 0.44
Somerset Bible Baptist Christian AC NR Private K-12 82 0.44

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
New Road School of Somerset NR Private 7-12 180 0.44
The Center School NR Private 3-12 100 0.44
Rutgers Preparatory School NR Private PK-12 623 0.44
Elite Prepartory Academy NR Private 5-12 80 0.44
Somerset Bible Baptist Christian AC NR Private K-12 82 0.44

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

Neighbors for 105 Commerce Drive, Somerset

Here are the neighbors for 105 Commerce Drive, Somerset.

Address Square feet Purchase date Purchase price
55 Jiffy Rd, Somerset 63,300 05/14/1985 $100,000
30 Commerce Dr, Somerset 39,865 06/17/1999 $850,000
35 Commerce Dr, Somerset 98,800
1 Laird Ter, Somerset 2,868 04/10/2023 $824,000
100 Clyde Rd, Somerset 54,914
20 Commerce Dr, Somerset 40,651 05/01/2020 $6,380,000
50 Jiffy Rd, Somerset 78,432 06/09/2022 $18,327,500
55 Commerce Dr, Somerset 42,196 01/24/2006
324 Bennetts Ln, Somerset 4,567 02/21/2003
40 Commerce Dr, Somerset 01/05/2005 $787,500
378 Bennetts Ln, Somerset 1,344 01/01/1998 $650,000
70 Clyde Rd, Somerset 52,597 12/09/1981 $150,000
60 Clyde Rd, Somerset 55,900 03/05/2019
95 Commerce Dr, Somerset 54,671
60 Jiffy Rd, Somerset 120,000 11/13/2019 $15,600,000
85 Commerce Dr, Somerset 20,138 01/24/2006
358 Bennetts Ln, Somerset 1,502 06/12/2013 $300,000
46 Clyde Rd, Somerset 147,000 12/29/2011 $4,884,550
75 Commerce Dr, Somerset
7 Laird Ter, Somerset

Nearby ZIP Codes for 105 Commerce Drive, Somerset

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