| Primary address | 515 Demott Lane, Somerset |
| Zip code | 08873 |
| County | Somerset |
| Municipality | Franklin Township |
| Block | 417.01 |
| Lot | 5.04 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 05/19/1992 |
| Sale price | $1 |
| Current property tax | $0 |
| Building sqft | 152,339 |
| Building class | Public Property (15C) |
| Acreage | 35 |
| 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:
This Public Property (15C) located at 515 Demott Lane, Somerset, NJ 08873 has a total of 152,339 square feet.
What is the assessed value of 515 Demott Lane, Somerset, NJ 08873 and the property tax paid?Assessed at $10,994,700, the tax amount paid for 515 Demott Lane, Somerset, NJ 08873 is $184,491.
When was 515 Demott Lane, Somerset, NJ 08873 last sold and what was the last sale price?515 Demott Lane, Somerset, NJ 08873 was last sold in 05/19/1992 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 515 Demott Lane, Somerset, including title documents, transfer conditions, mortgages and liens.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 05/19/1992 | $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 515 Demott Lane, Somerset, NJ 08873. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Base tax | $192,187 |
| Current property tax | $0 |
| Market value | $10,994,700 |
Here's the assessment & property tax history for 515 Demott Lane, 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 | $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% |
Create a free account to unlock extended information for 515 Demott Lane, 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 515 Demott Lane, 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) |
|---|---|---|---|---|---|
| The Center School | NR | Private | 3-12 | 100 | 0.46 |
| Somerset Bible Baptist Christian AC | NR | Private | K-12 | 82 | 0.46 |
| Elite Prepartory Academy | NR | Private | 5-12 | 80 | 0.46 |
| Cedar Hill Prep School | NR | Private | PK-8 | 239 | 0.46 |
| Cedar Hill Prep School | NR | Private | PK-8 | 239 | 0.46 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Sampson G Smith School | 3 | Public | 6-8 | 706 | 0.42 |
| The Center School | NR | Private | 3-12 | 100 | 0.46 |
| Somerset Bible Baptist Christian AC | NR | Private | K-12 | 82 | 0.46 |
| Elite Prepartory Academy | NR | Private | 5-12 | 80 | 0.46 |
| Cedar Hill Prep School | NR | Private | PK-8 | 239 | 0.46 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| The Center School | NR | Private | 3-12 | 100 | 0.46 |
| Somerset Bible Baptist Christian AC | NR | Private | K-12 | 82 | 0.46 |
| Elite Prepartory Academy | NR | Private | 5-12 | 80 | 0.46 |
| Rutgers Preparatory School | NR | Private | PK-12 | 623 | 0.46 |
| New Road School of Somerset | NR | Private | 7-12 | 180 | 0.46 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Here are the neighbors for 515 Demott Lane, Somerset.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 135 Lynch St, Somerset | 2,640 | 12/06/2004 | $470,000 |
| 139 Wilson Rd, Somerset | 2,255 | 11/21/2022 | $60,422 |
| 163 Wilson Rd, Somerset | 3,023 | 08/26/1997 | $147,500 |
| 18 Heather Dr, Somerset | 2,150 | 09/29/1972 | $47,500 |
| 1755 Amwell Rd, Somerset | 22,028 | 05/31/2019 | $1 |
| 131 Wilson Rd, Somerset | 1,727 | 04/16/2018 | $397,000 |
| 159 Wilson Rd, Somerset | 01/12/2001 | $2,110,000 | |
| 1715 Amwell Rd, Somerset | 13,587 | 05/12/2010 | $1,312,500 |
| 435 Demott Ln, Somerset | 4,811 | 07/01/2003 | |
| 1747 Amwell Rd, Somerset | 1,507 | 12/11/2007 | $8,301 |
| 473 Demott Ln, Somerset | 81,306 | 09/29/2004 | $8,800,000 |
| 161 Wilson Rd, Somerset | 05/07/2018 | ||
| 1743 Amwell Rd, Somerset | 1,628 | 08/22/2017 | $297,500 |
| 135 Wilson Rd, Somerset | 1,100 | 08/08/2023 | $460,000 |
| 20 Heather Dr, Somerset | 1,887 | 02/09/1996 | $162,500 |
| 26 Heather Dr, Somerset | 2,150 | 08/02/2013 | $435,000 |
| 28 Heather Dr, Somerset | 1,980 | 09/22/2014 | $362,790 |
| 1707 Amwell Rd, Somerset | 09/13/2007 | $1 | |
| 22 Heather Dr, Somerset | 1,575 | 01/25/2008 | $360,000 |
| 24 Heather Dr, Somerset | 1,943 | 09/06/2001 | $256,600 |