120 Cedar Grove Lane, Somerset, NJ 08873 Property Information
120 Cedar Grove Lane, Somerset, NJ 08873 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 120 Cedar Grove Lane, Somerset |
| Zip code | 08873 |
| County | Somerset |
| Municipality | Franklin Township |
| Block | 424.10 |
| Lot | 302 |
Sales & Tax Overview for 120 Cedar Grove Lane, Somerset
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 07/28/1995 |
| Sale price | $7,200,000 |
| Arm's length | Register |
| Current property tax | $227,809 |
Lot & Building Information for 120 Cedar Grove Lane, Somerset
| Building sqft | 71,799 |
| Building class | Store |
| Acreage | 14.183 |
| Year built | 1988 |
| Stories | 2 |
| Exterior structural material | Register |
Zoning, Use & Area Overview
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 120 Cedar Grove Lane, Somerset
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- • Improvements for 120 Cedar Grove Lane, Somerset , including their type, square footage, grade and when they were built.
- • Development maps such as planimetric, zoning, land use and urban landscape maps (building age and stories).
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About 120 Cedar Grove Lane, Somerset
This Store (SCILSR) located at 120 Cedar Grove Lane, Somerset, NJ 08873 has a total of 71,799 square feet.
What is the year built & the current market value of 120 Cedar Grove Lane, Somerset, NJ 08873?120 Cedar Grove Lane, Somerset, NJ 08873 was built in 1988 and has a current tax assessor's market value of $13,100,000.
Ownership Information
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Past Sales & Property History for 120 Cedar Grove Lane, Somerset
Create a free account to view the complete sales history for 120 Cedar Grove Lane, Somerset, including title documents, transfer conditions, mortgages and liens.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 07/28/1995 | $7,200,000 | Register | Register |
Title Documents for 120 Cedar Grove Lane, Somerset
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R: Recorded date
D: Document date
Property Taxes for 120 Cedar Grove Lane, Somerset
Access detailed property tax data for 120 Cedar Grove Lane, Somerset, NJ 08873. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Base tax | $219,818 |
| Current property tax | $227,809 |
| Market value | $13,100,000 |
Assessment History for 120 Cedar Grove Lane, Somerset
Here's the assessment & property tax history for 120 Cedar Grove 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 |
|---|---|---|---|---|---|
| 2025 | $13,100,000 | $13,100,000 | 1.678 | $219,818 | -4.00% |
| 2024 | $13,100,000 | $13,100,000 | 1.748 | $228,988 | -6.42% |
| 2023 | $13,100,000 | $13,100,000 | 1.868 | $244,708 | -7.99% |
| 2022 | $13,500,000 | $13,500,000 | 1.97 | $265,950 | -8.16% |
| 2021 | $13,500,000 | $13,500,000 | 2.145 | $289,575 | -2.37% |
Demographics by Zip Code
| Total population | 56,327 |
| Median age | 40.4 |
| Average household income | $156,289 |
| Family households | 67.3% |
| Occupied housing units | 21,831 |
| Owner occupied units | 67.6% |
| People per household (average) | 2.55 |
| Median year structure built | 1984 |
| Median value for units with a mortgage | $465,600 |
| Median value for units without a mortgage | $466,100 |
Risk
Create a free account to unlock extended information for 120 Cedar Grove 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) | A, X (See more on map) |
| Fire hazard zone | See more on map |
| Geohazard zones map | Register |
Transportation
Access the detailed traffic volume map for 120 Cedar Grove Lane, Somerset to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
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Neighbors for 120 Cedar Grove Lane, Somerset
Here are the neighbors for 120 Cedar Grove Lane, Somerset.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 294 Abbey Dr, Somerset | 1,306 | 05/25/2022 | $445,000 |
| 6 Corwen CT, Somerset | 2,312 | 09/18/2009 | $1 |
| 7 Corwen CT, Somerset | 2,358 | 04/23/2003 | $417,000 |
| 299 Abbey Dr, Somerset | 1,306 | 03/29/1988 | $1 |
| 295 Abbey Dr, Somerset | 1,306 | 09/14/1994 | $127,500 |
| 5 Corwen CT, Somerset | 2,301 | 02/27/2020 | |
| 296 Abbey Dr, Somerset | 1,306 | 06/15/2021 | $345,000 |
| 17 Alton Dr, Somerset | 2,268 | 09/23/2019 | $365,000 |
| 4 Corwen CT, Somerset | 2,312 | 10/14/2005 | $457,000 |
| 300 Abbey Dr, Somerset | 1,306 | 06/25/2021 | |
| 23 Alton Dr, Somerset | 2,312 | 06/22/2017 | $463,500 |
| 297 Abbey Dr, Somerset | 1,518 | 01/18/2000 | $139,000 |
| 291 Abbey Dr, Somerset | 1,306 | 12/10/2021 | $345,000 |
| 21 Alton Dr, Somerset | 2,301 | 12/29/1997 | $215,000 |
| 293 Abbey Dr, Somerset | 1,306 | 04/10/1998 | $1 |
| 19 Alton Dr, Somerset | 2,841 | 06/11/2024 | $867,000 |
| 15 Alton Dr, Somerset | 2,333 | 09/26/2023 | |
| 3 Corwen CT, Somerset | 2,352 | 07/02/2018 | |
| 298 Abbey Dr, Somerset | 1,518 | 08/06/2003 | $250,000 |
| 292 Abbey Dr, Somerset | 1,306 | 05/22/1987 | $148,990 |