Somerset County  »  08873  »  Somerset St  »  569 Somerset St

569 Somerset Street, Somerset, NJ 08873 - Property report

Also known as: 569 Somerset St

Property image for 569 Somerset Street, Somerset, NJ 08873
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Property type

Restaurant-Other (649)

Acreage

0.316

Sale price

$900,000

General information

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Address
Primary address
569 Somerset Street
Alternate address(es)
569 State Route 27
ZIP code
08873
County
Somerset
Block
166
Lot
9
Municipality
1808
Qualifier
Parcel ID
166-9

Owner

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Sales
Sale date
10/12/2022
Sale price
$900,000
Arm's length
Tax
Tax year
2026
Base tax
$11,746
Current property tax
$12,327
Building
Property type
Restaurant-Other (649)
Building sq. ft.
3,493
Stories
1
Exterior structural material
Lot
Acreage
0.316
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
75 /100.  Very Walkable
Transit score
0 /100.  Minimal Transit
Bike score
53 /100.  Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for 569 Somerset Street, Somerset, NJ

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 569 Somerset Street, Somerset, NJ 08873

Sale date Sale price Buyer name Seller name
10/12/2022 $900,000
10/04/2019 $237,202 XXXXXX-XXXX, XXXXXX & XXXXX, XXX XXXXXX-XXXX, XXXXXX
08/21/2007 $530,000 XXXX, XXXXXX XXXXXX XXX, XXXXXX & XXXXX

*Most recent sales on record for this property.

More about Somerset County property records.

Title documents

No recently recorded documents for this property.

Property taxes for 569 Somerset Street, Somerset, NJ

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026
Base tax
$11,746
Current property tax
$12,327
Recent tax assessments
Market value
$700,000
Land value
$300,000
Building value
$400,000

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $700,000 $700,000 1.678 $11,746 -4.00%
2024 $700,000 $700,000 1.748 $12,236 +22.67%
2023 $534,000 $534,000 1.868 $9,975 -5.18%
2022 $534,000 $534,000 1.97 $10,520 -8.16%
2021 $534,000 $534,000 2.145 $11,454 -2.37%
2020 $534,000 $534,000 2.197 $11,732 -1.57%
2019 $534,000 $534,000 2.232 $11,919 -4.78%
2018 $534,000 $534,000 2.344 $12,517 +3.63%
2017 $534,000 $534,000 2.262 $12,079 -0.83%
2016 $534,000 $534,000 2.281 $12,181 +0.71%

Permit information for 569 Somerset Street, Somerset, NJ

No recently recorded permits for this property.

Demographics by ZIP code

Total population
56,327
Median age
40.4
Average household income
$156,289
Family households
67.3%
People per household (average)
2.55
Occupied housing units
21,831
Owner-occupied units
67.6%
Median year structure built
1984
Median value mortgaged units
$465,600
Median value unmortgaged units
$466,100

Risk

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FEMA flood zones

FEMA flood zones
X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for 569 Somerset Street, Somerset, NJ 08873 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the market value of 569 Somerset Street, Somerset, NJ 08873?

The current market value of 569 Somerset Street, Somerset, NJ 08873 is $700,000.

What is the total square footage of 569 Somerset Street, Somerset, NJ 08873?

569 Somerset Street, Somerset, NJ 08873 has a total of 3,493 square feet.

What is the price per square foot for this property?

$257 per square foot is the price for 569 Somerset Street, Somerset, NJ 08873.

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