718 Hamilton Street, Somerset, NJ 08873 Property Information
718 Hamilton Street, Somerset, NJ 08873 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 718 Hamilton Street, Somerset |
| Zip code | 08873 |
| County | Somerset |
| Municipality | Franklin Township |
| Block | 154 |
| Lot | 9 |
Sales & Tax Overview for 718 Hamilton Street, Somerset
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 02/01/1994 |
| Sale price | $1 |
| Current property tax | $81,990 |
Lot & Building Information for 718 Hamilton Street, Somerset
| Building sqft | 28,625 |
| Building class | Store |
| Acreage | 8.14 |
| Exterior structural material | Register |
Zoning, Use & Area Overview
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 718 Hamilton Street, Somerset
Property reports include comprehensive occupancy, improvement and development information (where available).
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- • Improvements for 718 Hamilton Street, 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 718 Hamilton Street, Somerset
This Store (SCILSR) located at 718 Hamilton Street, Somerset, NJ 08873 has a total of 28,625 square feet.
What is the market value of 718 Hamilton Street, Somerset, NJ 08873?The current market value is $4,500,000.
Ownership Information
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Past Sales & Property History for 718 Hamilton Street, Somerset
Create a free account to view the complete sales history for 718 Hamilton Street, Somerset, including title documents, transfer conditions, mortgages and liens.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 02/01/1994 | $1 | Register | Register |
Title Documents for 718 Hamilton Street, Somerset
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R: Recorded date
D: Document date
Property Taxes for 718 Hamilton Street, Somerset
Access detailed property tax data for 718 Hamilton Street, Somerset, NJ 08873. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Base tax | $78,660 |
| Current property tax | $81,990 |
| Market value | $4,500,000 |
Assessment History for 718 Hamilton Street, Somerset
Here's the assessment & property tax history for 718 Hamilton 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 | $4,500,000 | $4,500,000 | 1.748 | $78,660 | -6.42% |
| 2023 | $4,500,000 | $4,500,000 | 1.868 | $84,060 | -5.18% |
| 2022 | $4,500,000 | $4,500,000 | 1.97 | $88,650 | -8.16% |
| 2021 | $4,500,000 | $4,500,000 | 2.145 | $96,525 | -2.37% |
| 2020 | $4,500,000 | $4,500,000 | 2.197 | $98,865 | +12.14% |
Demographics By Zip Code
| Total population | 55,862 |
| Median age | 40 |
| Average household income | $148,780 |
| Family households | 65.2% |
| Occupied housing units | 21,641 |
| Owner occupied units | 67.3% |
| Average number of people per household | 2 |
| Median year structure built | 1985 |
| Median value for units with a mortgage | $433,700 |
| Median value for units without a mortgage | $445,400 |
Risk
Create a free account to unlock extended information for 718 Hamilton 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 | Register |
Transportation
Access the detailed traffic volume map for 718 Hamilton 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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Neighbors for 718 Hamilton Street, Somerset
Here are the neighbors for 718 Hamilton Street, Somerset.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 21 Wendham Pl, Somerset | 2,120 | 09/28/1990 | $139,000 |
| 649 Somerset St, Somerset | 1,551 | 08/24/2013 | $190,000 |
| 9 Kathryn St, Somerset | 01/20/2020 | $590,000 | |
| 698 Hamilton St, Somerset | 5,365 | 01/20/2020 | $590,000 |
| 86 Ray St, Somerset | 3,420 | 12/12/1986 | $21,100 |
| 656 Hamilton St, Somerset | 5,265 | 11/28/2018 | $650,000 |
| 752 Hamilton St, Somerset | 9,384 | 06/24/2023 | $4,195,000 |
| 28 Kevin Apuzzio Ave, Somerset | 10/14/2004 | $350,000 | |
| 72 Newport Ave, Somerset | 3,799 | 12/24/2009 | $1 |
| 62 Newport Ave, Somerset | 1,194 | 10/29/1993 | $89,000 |
| 48 Kevin Apuzzio Ave, Somerset | 10/14/2004 | $350,000 | |
| 700 Hamilton St, Somerset | 12,443 | 11/29/2001 | $154,398 |
| 227 Myrtle St, Somerset | 10/14/2004 | $350,000 | |
| 223 Myrtle St, Somerset | 10/14/2004 | $350,000 | |
| 44 Kevin Apuzzio Ave, Somerset | 10/14/2004 | $350,000 | |
| 82 Ray St, Somerset | 1,915 | 07/26/2006 | $1 |
| 35 Matilda Ave W, Somerset | 01/02/2001 | $225,000 | |
| 710 Hamilton St, Somerset | 13,031 | 02/14/1946 | $800 |
| 68 Newport Ave, Somerset | 1,324 | 04/25/1995 | $10 |
| 19 Wendham Pl, Somerset | 1,276 | 11/17/2003 |