107 Cedar Grove Lane, Somerset, NJ 08873 Property Information
107 Cedar Grove Lane, Somerset, NJ 08873 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 107 Cedar Grove Lane, Somerset |
| Zip code | 08873 |
| County | Somerset |
| Municipality | Franklin Township |
| Block | 468.07 |
| Lot | 44.03 |
Sales & Tax Overview for 107 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 | 11/17/2005 |
| Sale price | $3,350,000 |
| Arm's length | Register |
| Current property tax | $27,824 |
Lot & Building Information for 107 Cedar Grove Lane, Somerset
| Building sqft | 17,271 |
| Building class | Office Building |
| Acreage | 5.39 |
| Stories | 1 |
Zoning, Use & Area Overview
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 107 Cedar Grove Lane, Somerset
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- • Improvements for 107 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 107 Cedar Grove Lane, Somerset
This Office Building (SCILSO) located at 107 Cedar Grove Lane, Somerset, NJ 08873 has a total of 17,271 square feet and a current price per square foot of $193.
What is the market value of 107 Cedar Grove Lane, Somerset, NJ 08873?The current market value is $1,600,000.
Ownership Information
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Past Sales & Property History for 107 Cedar Grove Lane, Somerset
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Title Documents for 107 Cedar Grove Lane, Somerset
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R: Recorded date
D: Document date
Property Taxes for 107 Cedar Grove Lane, Somerset
Access detailed property tax data for 107 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 | $26,848 |
| Current property tax | $27,824 |
| Market value | $1,600,000 |
Assessment History for 107 Cedar Grove Lane, Somerset
Here's the assessment & property tax history for 107 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 | $1,600,000 | $1,600,000 | 1.678 | $26,848 | -4.00% |
| 2024 | $1,600,000 | $1,600,000 | 1.748 | $27,968 | -0.19% |
| 2023 | $1,500,000 | $1,500,000 | 1.868 | $28,020 | -5.18% |
| 2022 | $1,500,000 | $1,500,000 | 1.97 | $29,550 | -8.16% |
| 2021 | $1,500,000 | $1,500,000 | 2.145 | $32,175 | -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% |
| 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 |
Risk
Create a free account to unlock extended information for 107 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) | X (See more on map) |
| Fire hazard zone | See more on map |
| Geohazard zones map | Register |
Transportation
Access the detailed traffic volume map for 107 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 107 Cedar Grove Lane, Somerset
Here are the neighbors for 107 Cedar Grove Lane, Somerset.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 7 Cedar Grove Ln, Somerset | 29,946 | 06/30/2008 | $2,400,000 |
| 97 Cedar Grove Ln, Somerset | 12/03/2021 | $1,600,000 | |
| 708 New Brunswick Rd, Somerset | 6,999 | 11/18/2019 | |
| 42 Crown Rd, Somerset | 2,378 | 08/06/2014 | $417,000 |
| 38 Crown Rd, Somerset | 2,156 | 09/09/2024 | $655,000 |
| 28 Crown Rd, Somerset | 1,920 | ||
| 150 Pierce St, Somerset | 128,100 | 04/07/2014 | $2,850,000 |
| 27 Cedar Grove Ln, Somerset | 1,943 | 09/19/1996 | $190,500 |
| 39 Cedar Grove Ln, Somerset | 918 | 05/02/2006 | $350,000 |
| 1830 Easton Ave, Somerset | 8,700 | 09/27/2019 | $5,559,400 |
| 14 New Brunswick Rd, Somerset | |||
| 11 Cedar Grove Ln, Somerset | 51,196 | 12/16/2016 | $3,850,000 |
| 34 Crown Rd, Somerset | 1,854 | 02/04/2010 | $1 |
| 127 Cedar Grove Ln, Somerset | 1,408 | 11/18/2019 | |
| 32 Crown Rd, Somerset | 1,672 | 10/01/2012 | |
| 26 Domino Rd, Somerset | 1,906 | 11/01/2000 | $199,900 |
| 160 Pierce St, Somerset | 87,898 | 12/30/2021 | $26,000,000 |
| 40 Crown Rd, Somerset | 2,326 | 08/28/1996 | $270,600 |
| 36 Crown Rd, Somerset | 1,760 | 12/22/2009 | |
| 30 Crown Rd, Somerset | 1,839 | 04/04/2024 | $540,000 |