Somerset County » 08873 » Demott Ln » 515 Demott Ln

515 Demott Lane, Somerset, NJ 08873 - Property report

Also known as: 515 Demott Ln

Property image for 515 Demott Lane, Somerset, NJ 08873

Property type

Public Property (15C)

Acreage

Sale price

General information

Address

Primary address

515 Demott Lane

ZIP code

08873

County

Somerset

Block

417.01

Lot

5.04

Municipality

1808

Parcel ID

417.01-5.04

Sales

Sale date

05/19/1992

Sale price

Arm's length

Tax

Tax year

2026

Building

Property type

Public Property (15C)

Building sq. ft.

152,339

Exterior structural material

Lot

Acreage

Zoning & Use

Zoning

Area overview

Walk score

21 /100. Car-Dependent

Transit score

0 /100. Minimal Transit

Bike score

38 /100. Somewhat Bikeable

Broadband internet providers and speed map

Types of broadband connections

Ownership

Ownership information for 515 Demott Lane, Somerset, NJ

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 515 Demott Lane, Somerset, NJ 08873

Sale date	Sale price	Buyer name	Seller name
05/19/1992	$1

*Most recent sale on record for this property.

More about Somerset County property records.

Title documents

No recently recorded documents for this property.

Tax

Property taxes for 515 Demott Lane, 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

$184,827

Recent tax assessments

Market value

$11,014,700

Land value

$718,000

Building value

$10,296,700

More about Somerset County property taxes

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	$10,994,700	$10,994,700	1.678	$184,491	-3.85%
2024	$10,977,000	$10,977,000	1.748	$191,878	-6.42%
2023	$10,977,000	$10,977,000	1.868	$205,050	-4.66%
2022	$10,917,000	$10,917,000	1.97	$215,065	-7.82%
2021	$10,877,004	$10,877,004	2.145	$233,312	-2.37%
2020	$10,877,004	$10,877,004	2.197	$238,968	-1.28%
2019	$10,845,804	$10,845,804	2.232	$242,078	-3.51%
2018	$10,795,804	$10,795,804	2.324	$250,894	+2.74%
2017	$10,795,804	$10,795,804	2.262	$244,201	-0.83%
2016	$10,795,804	$10,795,804	2.281	$246,252	+0.71%

Permits

Permit information for 515 Demott Lane, Somerset, NJ

No recently recorded permits for this property.

Neighborhood

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

View daily traffic map

Access the detailed traffic volume map for 515 Demott Lane, Somerset, NJ 08873 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Schools

Nearest elementary schools

Name	Rating	Type	Grade range	No of students	Distance (miles)
Rutgers Preparatory School	NR	Private	PK-12	623	0.46
Rutgers Preparatory School	NR	Private	PK-12	623	0.46
The Center School	NR	Private	3-12	100	0.46
Community Baptist Christian Academy	NR	Private	PK-2	47	0.46
Community Baptist Christian Academy	NR	Private	PK-2	47	0.46
MacAfee Elementary School	6	Public	PK, K-5	413	1.43
MacAfee Elementary School	6	Public	PK, K-5	413	1.43
Conerly Road Elementary School	4	Public	PK, K-5	314	1.68
Conerly Road Elementary School	4	Public	PK, K-5	314	1.68

Nearest middle schools

Name	Rating	Type	Grade range	No of students	Distance (miles)
Sampson G Smith School	3	Public	6-8	706	0.42
Rutgers Preparatory School	NR	Private	PK-12	623	0.46
The Center School	NR	Private	3-12	100	0.46
Somerset Bible Baptist Christian AC	NR	Private	K-12	82	0.46
Cedar Hill Prep School	NR	Private	PK-8	239	0.46
New Road School of Somerset	NR	Private	7-12	180	0.46
Thomas Edison EnergySmart Charter School	10	Charter	K-12	604	1.99
Franklin Middle School	3	Public	6-8	730	2.14
Central Jersey College Prep Charter School	8	Charter	K-12	1,288	2.32
Nuview Academy	NR	Public	K-12	54	2.64

Nearest high schools

Name	Rating	Type	Grade range	No of students	Distance (miles)
Rutgers Preparatory School	NR	Private	PK-12	623	0.46
The Center School	NR	Private	3-12	100	0.46
Somerset Bible Baptist Christian AC	NR	Private	K-12	82	0.46
New Road School of Somerset	NR	Private	7-12	180	0.46
Elite Prepartory Academy	NR	Private	5-12	80	0.46
Franklin Twp High School	3	Public	9-12	2,220	1.95
Thomas Edison EnergySmart Charter School	10	Charter	K-12	604	1.99
Central Jersey College Prep Charter School	8	Charter	K-12	1,288	2.32
Nuview Academy	NR	Public	K-12	54	2.64
New Brunswick High School	2	Public	9-12	2,477	2.67

Frequently asked questions

What is the total square footage of 515 Demott Lane, Somerset, NJ 08873?

515 Demott Lane, Somerset, NJ 08873 has a total of 152,339 square feet.

When was 515 Demott Lane, Somerset, NJ 08873 last sold and what was the sale price?

515 Demott Lane, Somerset, NJ 08873 was last sold on 05/19/1992 for $1.

What is the assessed value of 515 Demott Lane, Somerset, NJ 08873?

515 Demott Lane, Somerset, NJ 08873 is currently assessed at $11,014,700.

What are the property taxes for 515 Demott Lane, Somerset, NJ 08873?

The property taxes for 515 Demott Lane, Somerset, NJ 08873 total $184,826.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.