Somerset County  »  08873  »  Executive Dr  »  2 Executive Dr

Somerset Executive Square - 2 Executive Drive, Somerset, NJ 08873 - Property report

Also known as: 2 Executive Dr

Property image for Somerset Executive Square - 2 Executive Drive, Somerset, NJ 08873
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Property type

Office-Other (569)

Acreage

5

Sale price

$7,436,756

General information

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Address
Primary address
Somerset Executive Square - 2 Executive Drive
ZIP code
08873
County
Somerset
Block
469
Lot
1.04
Municipality
1808
Qualifier
Parcel ID
469-1.04

Owner

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Sales
Sale date
11/03/2025
Sale price
$7,436,756
Arm's length
Tax
Tax year
2026
Base tax
$105,714
Current property tax
$109,557
Building
Property type
Office-Other (569)
Building sq. ft.
89,160
Stories
4
Exterior structural material
Lot
Acreage
5
Zoning & Use
Zoning
Qualified opportunity zone

Area overview

Walk score
17 /100.  Car-Dependent
Transit score
0 /100.  Minimal Transit
Bike score
31 /100.  Somewhat Bikeable
Broadband internet providers and speed map
Types of broadband connections

Ownership information for Somerset Executive Square - 2 Executive Drive, Somerset, NJ

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for Somerset Executive Square - 2 Executive Drive, Somerset, NJ 08873

Sale date Sale price Buyer name Seller name
11/03/2025 $7,436,756 XXXX XXXXXXXXX XXXXX, XXXX
04/27/2018 $6,800,000 XXXXXXX XXXXXXXXX XX XXX XXX XXXXXX XXX
02/03/2016 $3,600,000 XXX XXXXXX XXX XXXXXXXX XXX XXXXXXXXX XXX

*Most recent sales on record for this property.

More about Somerset County property records.

Title documents

No recently recorded documents for this property.

Property taxes for Somerset Executive Square - 2 Executive Drive, Somerset, NJ

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026
Base tax
$105,714
Current property tax
$109,557
Recent tax assessments
Market value
$6,300,000
Land value
$1,500,000
Building value
$4,800,000

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $6,300,000 $6,300,000 1.678 $105,714 -14.82%
2024 $7,100,000 $7,100,000 1.748 $124,108 -6.42%
2023 $7,100,000 $7,100,000 1.868 $132,628 -5.18%
2022 $7,100,000 $7,100,000 1.97 $139,870 -8.16%
2021 $7,100,000 $7,100,000 2.145 $152,295 -2.37%
2020 $7,100,000 $7,100,000 2.197 $155,987 -1.57%
2019 $7,100,000 $7,100,000 2.232 $158,472 -3.96%
2018 $7,100,000 $7,100,000 2.324 $165,004 +2.74%
2017 $7,100,000 $7,100,000 2.262 $160,602 -5.62%
2016 $7,460,000 $7,460,000 2.281 $170,163 +0.71%

Permit information for Somerset Executive Square - 2 Executive Drive, Somerset, NJ

No recently recorded permits for this property.

Demographics by ZIP code

Total population
56,327
Median age
40.4
Average household income
$156,289
Family households
67.3%
People per household (average)
2.55
Occupied housing units
21,831
Owner-occupied units
67.6%
Median year structure built
1984
Median value mortgaged units
$465,600
Median value unmortgaged units
$466,100

Risk

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FEMA flood zones

FEMA flood zones
X

Fire hazard zones

Geohazard zones map

Transportation

Daily traffic map

Access the detailed traffic volume map for Somerset Executive Square - 2 Executive Drive, Somerset, NJ 08873 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the market value of Somerset Executive Square - 2 Executive Drive, Somerset, NJ 08873?

The current market value of Somerset Executive Square - 2 Executive Drive, Somerset, NJ 08873 is $6,300,000.

What is the total square footage of Somerset Executive Square - 2 Executive Drive, Somerset, NJ 08873?

Somerset Executive Square - 2 Executive Drive, Somerset, NJ 08873 has a total of 89,160 square feet.

What is the price per square foot for this property?

$83 per square foot is the price for Somerset Executive Square - 2 Executive Drive, Somerset, NJ 08873.

How many active listings does Somerset Executive Square - 2 Executive Drive, Somerset, NJ 08873 have?

This address has 1 active listing(s).

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