Somerset County  »  08873  »  Veronica Ave  »  55 Veronica Ave

55 Veronica Avenue, Somerset, NJ 08873 Property Information

55 Veronica Avenue, Somerset, NJ 08873 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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55 Veronica Avenue, Somerset, NJ 08873
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Address

Primary address 55 Veronica Avenue, Somerset
Zip code 08873
County Somerset
Municipality Franklin Township
Block 88.02
Lot 76

Sales & Tax Overview for 55 Veronica Avenue, Somerset

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Sale date 12/30/1980
Sale price $1
Arm's length
Current property tax $54,591

Lot & Building Information for 55 Veronica Avenue, Somerset

Building sqft 26,592
Building class Warehouse-General Storage (951)
Acreage 2
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Zoning, Use & Area Overview

Walk Score
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Zoning district
Broadband internet providers and speed map
Types of broadband connections map

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Other Property Data for 55 Veronica Avenue, Somerset

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About 55 Veronica Avenue, Somerset

How many square feet does 55 Veronica Avenue, Somerset, NJ 08873 have?

This Warehouse-General Storage (951) located at 55 Veronica Avenue, Somerset, NJ 08873 has a total of 26,592 square feet.

What is the market value of 55 Veronica Avenue, Somerset, NJ 08873?

The current market value is $3,100,000.

Ownership Information

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Past Sales & Property History for 55 Veronica Avenue, Somerset

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Purchase date Purchase price Buyer name Seller name
12/30/1980 $1

Title Documents for 55 Veronica Avenue, Somerset

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Date Amount Grantor Grantee Document
12/30/1980 - D
         
         
         
         
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R: Recorded date
D: Document date

Property Taxes for 55 Veronica Avenue, Somerset

Access detailed property tax data for 55 Veronica Avenue, Somerset, NJ 08873. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Base tax $52,018
Current property tax $54,591
Market value $3,100,000

Assessment History for 55 Veronica Avenue, Somerset

Here's the assessment & property tax history for 55 Veronica Avenue, 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 $3,100,000 $3,100,000 1.678 $52,018 -4.00%
2024 $3,100,000 $3,100,000 1.748 $54,188 -6.42%
2023 $3,100,000 $3,100,000 1.868 $57,908 +6.50%
2022 $2,760,000 $2,760,000 1.97 $54,372 -1.37%
2021 $2,570,000 $2,570,000 2.145 $55,127 -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

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FEMA flood zone(s) X (See more on map)
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Transportation

Access the detailed traffic volume map for 55 Veronica Avenue, 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 55 Veronica Avenue, Somerset

Here are the neighbors for 55 Veronica Avenue, Somerset.

Address Square feet Purchase date Purchase price
59 Veronica Ave, Somerset 24,000 09/01/2016 $1
61 Veronica Ave, Somerset 22,000 03/12/2021 $3,000,000
63 Veronica Ave, Somerset 15,294 12/14/2018 $2,080,000
1213 Route 27, Somerset 1,848 02/01/1985 $162,500
5 Shannon CT, Somerset 2,996 03/31/2006 $680,000
53 Veronica Ave, Somerset 45,502 12/03/2021 $4,000,000
37-41 Veronica Ave, Somerset 88,512
1 Shannon CT, Somerset 3,434 05/01/1989 $347,650
81 Veronica Ave, Somerset 25,122 05/04/2001 $300,000
49 Veronica Ave, Somerset 22,400 11/19/2019 $4,689,100
125 Clyde Rd, Somerset 1,441 12/01/2011 $320,000
2 Shannon CT, Somerset 2,304 07/22/1999 $299,900
57 Veronica Ave, Somerset 33,512 10/23/2012 $1,000
73 Veronica Ave, Somerset 26,968 11/22/1999 $1,565,000
51 Veronica Ave, Somerset 12,279 08/02/2011 $1,400,000
115 Clyde Rd, Somerset 2,100 09/14/2012 $315,000
67-71 Veronica Ave, Somerset 126,750 07/01/1980 $415,000
75 Veronica Ave, Somerset 40,000
1452 Hamilton St, Somerset
3 Shannon CT, Somerset 3,729 11/14/2001 $575,000

Nearby ZIP Codes for 55 Veronica Avenue, Somerset

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