| Primary address | 40 Drake Road, Somerset |
| Zip code | 08873 |
| County | Somerset |
| Municipality | Franklin Township |
| Block | 368 |
| Lot | 17 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 10/20/2006 |
| Sale price | $1 |
| Current property tax | $9,697 |
| Building sqft | 1,486 |
| Building class | Residential (2) |
| Acreage | 0.23 |
| Year built | 1963 |
| Stories | 2 |
| 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:
40 Drake Road, Somerset, NJ 08873 was built in 1963 and has a total of 1,486 square feet.
What is the assessed value of 40 Drake Road, Somerset, NJ 08873 and the property tax paid?Assessed at $533,400, the tax amount paid for 40 Drake Road, Somerset, NJ 08873 is $8,950.
When was 40 Drake Road, Somerset, NJ 08873 last sold?40 Drake Road, Somerset, NJ 08873 was last sold in 07/09/2021.
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 40 Drake Road, 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 40 Drake Road, Somerset, NJ 08873. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Base tax | $9,324 |
| Current property tax | $9,697 |
| Market value | $533,400 |
Here's the assessment & property tax history for 40 Drake Road, 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 | $466,000 | $466,000 | 1.748 | $8,146 | +0.01% |
| 2023 | $436,000 | $436,000 | 1.868 | $8,144 | +4.40% |
| 2022 | $396,000 | $396,000 | 1.97 | $7,801 | +11.91% |
| 2021 | $325,000 | $325,000 | 2.145 | $6,971 | -2.37% |
| 2020 | $325,000 | $325,000 | 2.197 | $7,140 | +4.89% |
Create a free account to unlock extended information for 40 Drake Road, 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 40 Drake Road, 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) |
|---|---|---|---|---|---|
| Conerly Road Elementary School | 4 | Public | PK, K-5 | 314 | 0.35 |
| Conerly Road Elementary School | 4 | Public | PK, K-5 | 314 | 0.35 |
| MacAfee Elementary School | 6 | Public | PK, K-5 | 413 | 0.53 |
| MacAfee Elementary School | 6 | Public | PK, K-5 | 413 | 0.53 |
| St Matthias Elementary School | NR | Private | PK-8 | 360 | 0.56 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| St Matthias Elementary School | NR | Private | PK-8 | 360 | 0.56 |
| Franklin Middle School | 3 | Public | 6-8 | 730 | 0.77 |
| Sampson G Smith School | 3 | Public | 6-8 | 706 | 1.45 |
| McKinley Community Elementary School | 4 | Public | PK, K-8 | 640 | 1.62 |
| Cedar Hill Prep School | NR | Private | PK-8 | 239 | 1.67 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| New Brunswick High School | 2 | Public | 9-12 | 2,477 | 1.46 |
| The Center School | NR | Private | 3-12 | 100 | 1.67 |
| Elite Prepartory Academy | NR | Private | 5-12 | 80 | 1.67 |
| Rutgers Preparatory School | NR | Private | PK-12 | 623 | 1.67 |
| Somerset Bible Baptist Christian AC | NR | Private | K-12 | 82 | 1.67 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Here are the neighbors for 40 Drake Road, Somerset.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 54 Drake Rd, Somerset | 1,960 | 07/17/2000 | $175,000 |
| 20 Maynard Rd, Somerset | 2,300 | 11/26/2002 | $280,000 |
| 14 Maynard Rd, Somerset | 2,268 | 10/26/2012 | |
| 58 Drake Rd, Somerset | 1,752 | 07/31/1991 | $1 |
| 60 Drake Rd, Somerset | 1,952 | 02/04/2016 | $330,000 |
| 42 Drake Rd, Somerset | 1,960 | 04/09/2001 | $238,900 |
| 38 Drake Rd, Somerset | 2,024 | 08/15/2002 | $280,000 |
| 28 Maynard Rd, Somerset | 1,960 | 07/30/2024 | $635,000 |
| 44 Drake Rd, Somerset | 2,123 | 10/09/2009 | $297,500 |
| 52 Drake Rd, Somerset | 2,297 | 01/04/2002 | |
| 18 Maynard Rd, Somerset | 1,985 | 09/01/2010 | $320,000 |
| 50 Drake Rd, Somerset | 1,960 | 12/28/2010 | $1 |
| 56 Drake Rd, Somerset | 1,467 | 04/19/1996 | $161,000 |
| 22 Maynard Rd, Somerset | 1,952 | 02/11/1997 | |
| 48 Drake Rd, Somerset | 1,952 | 10/30/2001 | $260,000 |
| 36 Drake Rd, Somerset | 1,903 | 12/11/1997 | $177,000 |
| 34 Drake Rd, Somerset | 1,912 | 08/10/2010 | $1 |
| 24 Maynard Rd, Somerset | 2,525 | 04/30/2025 | $795,000 |
| 16 Maynard Rd, Somerset | 2,300 | 09/30/1983 | $95,000 |
| 46 Drake Rd, Somerset | 1,960 | 06/25/2004 | $330,000 |