| Primary address | 220 Davidson Avenue, Somerset |
| Zip code | 08873 |
| County | Somerset |
| Municipality | Franklin Township |
| Block | 468.01 |
| Lot | 21.02 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 12/22/2016 |
| Sale price | $9,175,000 |
| Arm's length | Register |
| Current property tax | $246,938 |
| Building sqft | 155,914 |
| Building class | Hotel (280) |
| Acreage | 9.29 |
| Stories | 4 |
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 Hotel (280) located at 220 Davidson Avenue, Somerset, NJ 08873 has a total of 155,914 square feet and a current price per square foot of $58.
What is the market value of 220 Davidson Avenue, Somerset, NJ 08873?The current market value is $14,200,000.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
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| Listing type | For Lease |
|---|---|
| Listing date | 11/07/2024 |
| Last updated | 05/01/2026 |
| Lot size | 9.29 Acre |
Nestled in the heart of Somerset, NJ stands an impressive 160,000 square foot office/medical building that emanates professionalism and efficiency. With its sleek, modern architecture and inviting atmosphere, this facility serves as a hub for healthcare and administrative excellence. The building's exterior showcases a blend of glass panels and steel, exuding a contemporary aesthetic that seamlessly integrates with the surrounding urban landscape. Inside, the spacious lobby welcomes visitors with its warm ambiance and carefully curated décor. The well-appointed offices provide a productive environment for professionals from various industries. This multifunctional space embodies the spirit of innovation, making it a beacon of progress in Somerset, New Jersey. Built in 1984, The exterior is glass, which provides natural light throughout the building. There are also 668+/- parking spaces on site. Located near I-287 and Route 10, this building provides convenient access for travel and to local amenities.
https://smallbusinessofficesnj.com/
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| Affordable private office space | Office | Listing price not available | 200 | Bryan Wong (908) 581-6288 |
| Flexible Small Office For Rent | Office | Listing price not available | 200 | Bryan Wong (908) 581-6288 |
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Create a free account to view the complete sales history for 220 Davidson Avenue, 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 220 Davidson Avenue, Somerset, NJ 08873. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Base tax | $238,276 |
| Current property tax | $246,938 |
| Market value | $14,200,000 |
Here's the assessment & property tax history for 220 Davidson Avenue, 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 | $14,200,000 | $14,200,000 | 1.678 | $238,276 | -4.00% |
| 2024 | $14,200,000 | $14,200,000 | 1.748 | $248,216 | -6.42% |
| 2023 | $14,200,000 | $14,200,000 | 1.868 | $265,256 | -21.72% |
| 2022 | $17,200,000 | $17,200,000 | 1.97 | $338,840 | +19.67% |
| 2021 | $13,200,000 | $13,200,000 | 2.145 | $283,140 | -2.37% |
| 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% |
| Average number of people per household | 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 |
Create a free account to unlock extended information for 220 Davidson Avenue, 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 220 Davidson Avenue, 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 |
Here are the neighbors for 220 Davidson Avenue, Somerset.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 50 Atrium Dr, Somerset | 81,920 | 07/06/2017 | $7,973,601 |
| 8 Angel Pl, Somerset | 1,916 | 10/28/2005 | $485,000 |
| 700 Atrium Dr, Somerset | 165,845 | 09/13/2016 | $6,430,000 |
| 100 Davidson Ave, Somerset | 65,143 | 03/10/2023 | $5,000,000 |
| 1465 Easton Ave, Somerset | 3,001 | 06/22/2012 | $310,000 |
| 1455 Easton Ave, Somerset | 2,208 | 08/14/1995 | $1 |
| 500 Atrium Dr, Somerset | 247,118 | 11/14/2018 | $8,750,000 |
| 6 Angel Pl, Somerset | 2,332 | 03/19/1999 | |
| 4 Angel Pl, Somerset | 1,599 | 03/29/2012 | $309,000 |
| 200 Atrium Dr, Somerset | 233,205 | 07/18/2013 | $13,640,000 |
| 400 Atrium Dr, Somerset | 329,614 | 09/01/2021 | $42,700,000 |
| 270 Davidson Ave, Somerset | 227,120 | 07/31/2014 | $10 |
| 10 Angel Pl, Somerset | 2,036 | 12/08/2011 | $270,000 |
| 240 Davidson Ave, Somerset | 44,000 | 01/23/2004 | $2,200,000 |
| 250 Davidson Ave, Somerset | 91,849 | 08/24/2000 | $1 |
| 1469 Easton Ave, Somerset | |||
| 300 Atrium Dr, Somerset | 149,358 | 11/14/2018 | $7,650,000 |
| 230 Davidson Ave, Somerset | 18,960 | 11/12/2019 | $1,600,000 |
| 232 Davidson Ave, Somerset | 25,531 | 05/16/1967 | $36,000 |
| 260 Davidson Ave, Somerset | 41,988 | 03/18/1998 | $21,246,364 |