| Primary address | 7 Magnolia Road, Somerset |
| Zip code | 08873 |
| County | Somerset |
| Municipality | Franklin Township |
| Block | 386.08 |
| Lot | 18 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 12/30/1987 |
| Sale price | $1 |
| Current property tax | $0 |
| Building sqft | 2,014 |
| Building class | Other Exempt Properties (15F) |
| Acreage | 0.47 |
| Year built | 1982 |
| 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:
7 Magnolia Road, Somerset, NJ 08873 was built in 1982 and has a total of 2,014 square feet.
What is the assessed value of 7 Magnolia Road, Somerset, NJ 08873 and the property tax paid?Assessed at $656,200, the tax amount paid for 7 Magnolia Road, Somerset, NJ 08873 is $11,011.
When was 7 Magnolia Road, Somerset, NJ 08873 last sold and what was the last sale price?7 Magnolia Road, Somerset, NJ 08873 was last sold in 12/30/1987 for $1.
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 7 Magnolia Road, Somerset, including title documents, transfer conditions, mortgages and liens.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 12/30/1987 | $1 | Register | Register |
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 7 Magnolia Road, Somerset, NJ 08873. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Base tax | $11,470 |
| Current property tax | $0 |
| Market value | $656,200 |
Here's the assessment & property tax history for 7 Magnolia 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 | $563,200 | $563,200 | 1.748 | $9,845 | +0.35% |
| 2023 | $525,200 | $525,200 | 1.868 | $9,811 | +4.25% |
| 2022 | $477,700 | $477,700 | 1.97 | $9,411 | +1.98% |
| 2021 | $430,200 | $430,200 | 2.145 | $9,228 | -2.37% |
| 2020 | $430,200 | $430,200 | 2.197 | $9,451 | +5.42% |
Create a free account to unlock extended information for 7 Magnolia 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 7 Magnolia 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) |
|---|---|---|---|---|---|
| St Matthias Elementary School | NR | Private | PK-8 | 360 | 0.56 |
| St Matthias Elementary School | NR | Private | PK-8 | 360 | 0.56 |
| Elite Prepartory Academy | NR | Private | 5-12 | 80 | 0.78 |
| Rutgers Preparatory School | NR | Private | PK-12 | 623 | 0.78 |
| Rutgers Preparatory School | NR | Private | PK-12 | 623 | 0.78 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Sampson G Smith School | 3 | Public | 6-8 | 706 | 0.53 |
| St Matthias Elementary School | NR | Private | PK-8 | 360 | 0.56 |
| New Road School of Somerset | NR | Private | 7-12 | 180 | 0.78 |
| Elite Prepartory Academy | NR | Private | 5-12 | 80 | 0.78 |
| Rutgers Preparatory School | NR | Private | PK-12 | 623 | 0.78 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| New Road School of Somerset | NR | Private | 7-12 | 180 | 0.78 |
| Elite Prepartory Academy | NR | Private | 5-12 | 80 | 0.78 |
| Rutgers Preparatory School | NR | Private | PK-12 | 623 | 0.78 |
| The Center School | NR | Private | 3-12 | 100 | 0.78 |
| Somerset Bible Baptist Christian AC | NR | Private | K-12 | 82 | 0.78 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Here are the neighbors for 7 Magnolia Road, Somerset.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 5 Magnolia Rd, Somerset | 2,268 | 09/17/2004 | $399,000 |
| 328 Demott Ln, Somerset | 1,840 | 07/11/2006 | $385,000 |
| 340 Demott Ln, Somerset | 1,128 | 09/03/2021 | $317,000 |
| 25 Magnolia Rd, Somerset | 2,514 | 12/21/2021 | $665,000 |
| 27 Magnolia Rd, Somerset | 2,014 | 08/20/1993 | $215,000 |
| 332 Demott Ln, Somerset | 1,227 | 05/20/2013 | $241,730 |
| 20 Gates Rd, Somerset | 1,575 | 08/13/2010 | $136,500 |
| 3 Magnolia Rd, Somerset | 2,010 | 05/01/2025 | |
| 1 Magnolia Rd, Somerset | 1,982 | 08/30/2024 | $726,000 |
| 15 Magnolia Rd, Somerset | 2,382 | 02/09/1996 | $230,000 |
| 21 Magnolia Rd, Somerset | 2,014 | 08/07/2002 | $349,900 |
| 11 Magnolia Rd, Somerset | 2,398 | 01/30/1980 | $102,412 |
| 13 Magnolia Rd, Somerset | 2,648 | 07/20/2023 | $710,000 |
| 346 Demott Ln, Somerset | 1,949 | 01/20/2021 | |
| 17 Magnolia Rd, Somerset | 2,010 | 05/15/1980 | $94,595 |
| 336 Demott Ln, Somerset | 1,416 | 05/31/2013 | $1 |
| 24 Gates Rd, Somerset | 2,640 | 12/13/2018 | $430,000 |
| 9 Magnolia Rd, Somerset | 2,010 | 04/15/1980 | $90,522 |
| 19 Magnolia Rd, Somerset | 2,252 | 11/29/2022 | $595,000 |
| 23 Magnolia Rd, Somerset | 2,010 | 05/01/1980 | $89,900 |