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7 Valley Wood Drive, Somerset, NJ 08873 Property Information

7 Valley Wood Drive, Somerset, NJ 08873 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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7 Valley Wood Drive, Somerset, NJ 08873
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Address

Primary address 7 Valley Wood Drive, Somerset
Zip code 08873
County Somerset
Municipality Franklin Township
Block 508.03
Lot 4

Sales & Tax Overview for 7 Valley Wood Drive, Somerset

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 12/29/2022
Sale price $950,000
Arm's length
Current property tax $19,938

Lot & Building Information for 7 Valley Wood Drive, Somerset

Building sqft 5,774
Building class Residential (2)
Acreage 0.597
Year built 2004
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district Residential (R-40)
Broadband internet providers and speed map
Types of broadband connections map

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 7 Valley Wood Drive, Somerset

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About 7 Valley Wood Drive, Somerset

What is the year built & the total sq. ft. for 7 Valley Wood Drive, Somerset, NJ 08873?

7 Valley Wood Drive, Somerset, NJ 08873 was built in 2004 and has a total of 5,774 square feet.

What is the assessed value of 7 Valley Wood Drive, Somerset, NJ 08873 and the property tax paid?

Assessed at $1,216,500, the tax amount paid for 7 Valley Wood Drive, Somerset, NJ 08873 is $20,412.

When was 7 Valley Wood Drive, Somerset, NJ 08873 last sold and what was the last sale price?

7 Valley Wood Drive, Somerset, NJ 08873 was last sold in 12/29/2022 for $950,000.

Ownership Information

View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.

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Past Sales & Property History for 7 Valley Wood Drive, Somerset

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Purchase date Purchase price Buyer name Seller name
12/29/2022 $950,000
06/03/2004 $590,750
       
       
       
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Title Documents for 7 Valley Wood Drive, Somerset

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Date Amount Grantor Grantee Document
12/29/2022 - D
07/06/2004 - R
06/03/2004 - D
         
         
         
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R: Recorded date
D: Document date

Property Taxes for 7 Valley Wood Drive, Somerset

Access detailed property tax data for 7 Valley Wood Drive, Somerset, NJ 08873. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Base tax $19,238
Current property tax $19,938
Market value $1,146,500

Assessment History for 7 Valley Wood Drive, Somerset

Here's the assessment & property tax history for 7 Valley Wood Drive, 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 $1,146,500 $1,146,500 1.678 $19,238 +15.31%
2024 $954,500 $954,500 1.748 $16,685 +7.30%
2023 $832,400 $832,400 1.868 $15,549 +0.88%
2022 $782,400 $782,400 1.97 $15,413 -3.21%
2021 $742,400 $742,400 2.145 $15,924 -2.37%

Risk

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FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Geohazard zones map

Transportation

Access the detailed traffic volume map for 7 Valley Wood Drive, 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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Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance (miles)
Cedar Hill Prep School NR Private PK-8 239 1.35
Cedar Hill Prep School NR Private PK-8 239 1.35
Rutgers Preparatory School NR Private PK-12 623 1.35
Rutgers Preparatory School NR Private PK-12 623 1.35
Community Baptist Christian Academy NR Private PK-2 47 1.35

Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
Sampson G Smith School 3 Public 6-8 706 1.32
Cedar Hill Prep School NR Private PK-8 239 1.35
Rutgers Preparatory School NR Private PK-12 623 1.35
New Road School of Somerset NR Private 7-12 180 1.35
Elite Prepartory Academy NR Private 5-12 80 1.35

Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Franklin Twp High School 3 Public 9-12 2,220 1.05
Rutgers Preparatory School NR Private PK-12 623 1.35
New Road School of Somerset NR Private 7-12 180 1.35
Elite Prepartory Academy NR Private 5-12 80 1.35
Somerset Bible Baptist Christian AC NR Private K-12 82 1.35

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 7 Valley Wood Drive, Somerset

Here are the neighbors for 7 Valley Wood Drive, Somerset.

Address Square feet Purchase date Purchase price
8 Red Oak CT, Somerset 5,415 07/14/2017 $750,000
7 Red Oak CT, Somerset 4,256 11/24/2014 $10
3 Red Oak CT, Somerset 4,086 06/29/2007 $785,000
567 Elizabeth Ave, Somerset 3,166 04/10/1984
9 Valley Wood Dr, Somerset 5,606 04/15/2004 $618,955
13 Valley Wood Dr, Somerset 2,627 02/15/2007 $604,000
6 Red Oak CT, Somerset 2,581 03/22/2004 $511,710
5 Red Oak CT, Somerset 5,390 09/29/2016 $1
587 Elizabeth Ave, Somerset 1,989 02/27/2019 $1
4 Red Oak CT, Somerset 3,323 12/20/2007 $635,000
5 Valley Wood Dr, Somerset 3,060 07/08/2021 $772,000
579 Elizabeth Ave, Somerset 2,647 05/15/2009 $376,000
591 Elizabeth Ave, Somerset 2,128 04/19/1983
11 Valley Wood Dr, Somerset 4,172 12/15/2021 $200,000
15 Valley Wood Dr, Somerset 2,555 03/03/2022 $805,000
3 Valley Wood Dr, Somerset 2,555 03/24/2004 $470,295
571 Elizabeth Ave, Somerset 3,439 09/18/2004 $400,000
575 Elizabeth Ave, Somerset 1,928 10/08/2010 $1
1 Valley Wood Dr, Somerset 4,002 07/23/2019 $750,000
563 Elizabeth Ave, Somerset 1,663 03/09/2001 $160,000

Nearby ZIP Codes for 7 Valley Wood Drive, Somerset

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