160 Pierce Street, Somerset, NJ 08873 Property Information
160 Pierce Street, Somerset, NJ 08873 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 160 Pierce Street, Somerset |
| Zip code | 08873 |
| County | Somerset |
| Municipality | Franklin Township |
| Block | 468.08 |
| Lot | 2.03 |
Sales & Tax Overview for 160 Pierce Street, Somerset
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 12/30/2021 |
| Sale price | $26,000,000 |
| Arm's length | Register |
| Current property tax | $273,893 |
Lot & Building Information for 160 Pierce Street, Somerset
| Building sqft | 87,898 |
| Building class | Warehouse |
| Acreage | 9.156 |
Zoning, Use & Area Overview
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 160 Pierce Street, Somerset
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- • Improvements for 160 Pierce Street, 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 160 Pierce Street, Somerset
This Warehouse (SCILSI) located at 160 Pierce Street, Somerset, NJ 08873 has a total of 87,898 square feet and a current price per square foot of $295.
What is the market value of 160 Pierce Street, Somerset, NJ 08873?The current market value is $15,750,000.
Ownership Information
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Past Sales & Property History for 160 Pierce Street, Somerset
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*Here are the three most recent sales for this property.
Title Documents for 160 Pierce Street, Somerset
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R: Recorded date
D: Document date
Property Taxes for 160 Pierce Street, Somerset
Access detailed property tax data for 160 Pierce Street, Somerset, NJ 08873. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Base tax | $264,285 |
| Current property tax | $273,893 |
| Market value | $15,750,000 |
Assessment History for 160 Pierce Street, Somerset
Here's the assessment & property tax history for 160 Pierce Street, 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 | $15,750,000 | $15,750,000 | 1.678 | $264,285 | -11.58% |
| 2024 | $17,100,000 | $17,100,000 | 1.748 | $298,908 | -6.42% |
| 2023 | $17,100,000 | $17,100,000 | 1.868 | $319,428 | -5.18% |
| 2022 | $17,100,000 | $17,100,000 | 1.97 | $336,870 | +93.89% |
| 2021 | $8,100,000 | $8,100,000 | 2.145 | $173,745 | -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 160 Pierce Street, 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 160 Pierce Street, 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 160 Pierce Street, Somerset
Here are the neighbors for 160 Pierce Street, 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 |
| 27 Cedar Grove Ln, Somerset | 1,943 | 09/19/1996 | $190,500 |
| 39 Cedar Grove Ln, Somerset | 918 | 05/02/2006 | $350,000 |
| 27 Worlds Fair Dr, Somerset | 60,000 | 09/06/1984 | $453,000 |
| 150 Pierce St, Somerset | 128,100 | 04/07/2014 | $2,850,000 |
| 107 Cedar Grove Ln, Somerset | 17,271 | 11/17/2005 | $3,350,000 |
| 1830 Easton Ave, Somerset | 8,700 | 09/27/2019 | $5,559,400 |
| 11 Cedar Grove Ln, Somerset | 51,196 | 12/16/2016 | $3,850,000 |
| 51 Cedar Grove Ln, Somerset | 1,392 | 12/22/2011 | $1 |
| 14 New Brunswick Rd, Somerset | |||
| 101 Pierce St, Somerset | 107,718 | 01/31/2020 | $13,500,000 |
| 37 Worlds Fair Dr, Somerset | 09/23/2021 | $15,252,000 | |
| 127 Cedar Grove Ln, Somerset | 1,408 | 11/18/2019 | |
| 41 Worlds Fair Dr, Somerset | 04/07/2023 | $6,850,000 | |
| 40 Crown Rd, Somerset | 2,326 | 08/28/1996 | $270,600 |
| 36 Crown Rd, Somerset | 1,760 | 12/22/2009 |