| Primary address | 131 Martin Street, Somerset |
| Zip code | 08873 |
| County | Somerset |
| Municipality | Franklin Township |
| Block | 231 |
| Lot | 27 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 06/25/2013 |
| Sale price | $1 |
| Arm's length | Register |
| Current property tax | $6,123 |
| Building sqft | 864 |
| Building class | Residential (2) |
| Acreage | 0.23 |
| Year built | 1950 |
| Stories | 1 |
| Exterior structural material | Register |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Property reports include comprehensive occupancy, improvement and development information (where available).
Create a free account to access valuable data points such as:
131 Martin Street, Somerset, NJ 08873 was built in 1950 and has a total of 864 square feet.
What is the assessed value of 131 Martin Street, Somerset, NJ 08873 and the property tax paid?Assessed at $347,700, the tax amount paid for 131 Martin Street, Somerset, NJ 08873 is $5,834.
When was 131 Martin Street, Somerset, NJ 08873 last sold?131 Martin Street, Somerset, NJ 08873 was last sold in 11/18/2023.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
Create a free account to view the complete sales history for 131 Martin Street, Somerset, including title documents, transfer conditions, mortgages and liens.
*Here are the three most recent sales for this property.
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 131 Martin Street, Somerset, NJ 08873. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Base tax | $5,834 |
| Current property tax | $6,123 |
| Market value | $347,700 |
Here's the assessment & property tax history for 131 Martin 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 |
|---|---|---|---|---|---|
| 2025 | $347,700 | $347,700 | 1.678 | $5,834 | +8.58% |
| 2024 | $307,400 | $307,400 | 1.748 | $5,373 | +0.09% |
| 2023 | $287,400 | $287,400 | 1.868 | $5,369 | +5.87% |
| 2022 | $257,400 | $257,400 | 1.97 | $5,071 | +8.74% |
| 2021 | $217,400 | $217,400 | 2.145 | $4,663 | -2.37% |
Create a free account to unlock extended information for 131 Martin 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 |
Access the detailed traffic volume map for 131 Martin Street, Somerset to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
| View daily traffic map |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Hillcrest Elementary School | 3 | Public | PK, K-5 | 476 | 0.27 |
| Hillcrest Elementary School | 3 | Public | PK, K-5 | 476 | 0.27 |
| McKinley Community Elementary School | 4 | Public | PK, K-8 | 640 | 0.66 |
| McKinley Community Elementary School | 4 | Public | PK, K-8 | 640 | 0.66 |
| Pine Grove Manor Elementary School | 5 | Public | PK, K-5 | 395 | 0.76 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Franklin Middle School | 3 | Public | 6-8 | 730 | 0.35 |
| McKinley Community Elementary School | 4 | Public | PK, K-8 | 640 | 0.66 |
| Blanquita B. Valenti Community School | 3 | Public | 4-8 | 569 | 0.88 |
| Greater Brunswick Charter School | 3 | Charter | K-8 | 394 | 1.17 |
| New Brunswick Middle School | 3 | Public | 6-8 | 1,259 | 1.37 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| New Brunswick High School | 2 | Public | 9-12 | 2,477 | 0.62 |
| Adult High School | NR | Public | 9-12 | 102 | 1.43 |
| St. Peter the Apostle High School | NR | Private | 9-12 | 0 | 1.60 |
| HEROES Academy | NR | Private | 9-12 | 0 | 1.99 |
| New Road School of Somerset | NR | Private | 7-12 | 180 | 2.25 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Here are the neighbors for 131 Martin Street, Somerset.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 22 Norma Ave, Somerset | 1,248 | 09/22/1982 | $35,000 |
| 161 Martin St, Somerset | 1,152 | 07/01/2002 | $179,000 |
| 64 Norma Ave, Somerset | 12/20/2019 | $500,000 | |
| 472 Lewis St, Somerset | 1,100 | 12/18/1990 | $100 |
| 450 Lewis St, Somerset | 3,462 | 11/13/1998 | $1 |
| 126 Martin St, Somerset | 1,000 | 04/28/2025 | |
| 136 Martin St, Somerset | 12/15/2021 | $70,000 | |
| 44 Norma Ave, Somerset | 9,280 | 01/28/2016 | $950,000 |
| 128 Martin St, Somerset | 07/09/2015 | $1 | |
| 165 Martin St, Somerset | 1,917 | 07/25/2006 | $275,000 |
| 600 Franklin Blvd, Somerset | 9,904 | 02/16/2021 | $650,000 |
| 119 Martin St, Somerset | 1,970 | 01/24/1974 | $34,500 |
| 873 Hamilton St, Somerset | 4,284 | 08/08/2012 | $375,000 |
| 505 Lewis St, Somerset | 1,708 | 12/23/2014 | $240,000 |
| 462 Lewis St, Somerset | 2,074 | 04/12/2016 | $150,000 |
| 137 Martin St, Somerset | 1,164 | 03/23/2002 | |
| 52 Norma Ave, Somerset | 11/18/2021 | ||
| 513 Lewis St, Somerset | 1,526 | 08/08/2019 | $100 |
| 454 Lewis St, Somerset | 2,484 | 10/12/2005 | $376,000 |
| 134 Martin St, Somerset | 898 | 06/29/2021 | $203,000 |