625 Pierce Street, Somerset, NJ 08873 Property Information
625 Pierce Street, Somerset, NJ 08873 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 625 Pierce Street, Somerset |
| Zip code | 08873 |
| County | Somerset |
| Municipality | Franklin Township |
| Block | 517.01 |
| Lot | 2.03 |
Sales & Tax Overview for 625 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 | 08/08/2012 |
| Sale price | $20,550,000 |
| Arm's length | Register |
| Current property tax | $256,338 |
Lot & Building Information for 625 Pierce Street, Somerset
| Building sqft | 118,650 |
| Building class | Warehouse-Other (959) |
| Acreage | 8.72 |
Zoning, Use & Area Overview
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Other Property Data for 625 Pierce Street, Somerset
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- • Improvements for 625 Pierce Street, Somerset , including their type, square footage, grade and when they were built.
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About 625 Pierce Street, Somerset
This Warehouse-Other (959) located at 625 Pierce Street, Somerset, NJ 08873 has a total of 118,650 square feet and a current price per square foot of $173.
What is the market value of 625 Pierce Street, Somerset, NJ 08873?The current market value is $14,100,000.
Ownership Information
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Past Sales & Property History for 625 Pierce Street, Somerset
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*Here are the three most recent sales for this property.
Title Documents for 625 Pierce Street, Somerset
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R: Recorded date
D: Document date
Property Taxes for 625 Pierce Street, Somerset
Access detailed property tax data for 625 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 | $246,468 |
| Current property tax | $256,338 |
| Market value | $14,100,000 |
Assessment History for 625 Pierce Street, Somerset
Here's the assessment & property tax history for 625 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 |
|---|---|---|---|---|---|
| 2024 | $14,100,000 | $14,100,000 | 1.748 | $246,468 | -6.42% |
| 2023 | $14,100,000 | $14,100,000 | 1.868 | $263,388 | +13.30% |
| 2022 | $11,800,000 | $11,800,000 | 1.97 | $232,460 | +26.02% |
| 2021 | $8,600,000 | $8,600,000 | 2.145 | $184,470 | -2.37% |
| 2020 | $8,600,000 | $8,600,000 | 2.197 | $188,942 | +34.37% |
Demographics By Zip Code
| Total population | 55,862 |
| Median age | 40 |
| Average household income | $148,780 |
| Family households | 65.2% |
| Occupied housing units | 21,641 |
| Owner occupied units | 67.3% |
| Average number of people per household | 2 |
| Median year structure built | 1985 |
| Median value for units with a mortgage | $433,700 |
| Median value for units without a mortgage | $445,400 |
Risk
Create a free account to unlock extended information for 625 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 625 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 625 Pierce Street, Somerset
Here are the neighbors for 625 Pierce Street, Somerset.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 200 Apgar Dr, Somerset | 15,637 | 02/21/2002 | $2,000,000 |
| 400 Apgar Dr, Somerset | 11/28/2022 | ||
| 500 Memorial Dr, Somerset | 136,300 | 01/21/2009 | $10,500,000 |
| 1 Cottontail Ln, Somerset | 142,750 | 01/22/1993 | $4,217,934 |
| 6 Weston Cwy, Somerset | 01/27/2014 | $1 | |
| 472 Weston Canal Rd, Somerset | 224,300 | 07/02/1993 | $5,800,000 |
| 635 Pierce St, Somerset | 07/02/2019 | ||
| 18 Manville Cwy, Franklin Twp | 8,142 | 05/28/1917 | |
| 615 Pierce St, Somerset | 97,888 | 12/22/2000 | $4,800,000 |
| 39 Mettlers Rd, Somerset | 3,916 | 03/31/2022 | $700,000 |
| 600 Apgar Dr, Somerset | 197,092 | 12/23/2021 | $24,000,000 |
| 163 Weston Rd, Franklin Twp | 12/30/2021 | ||
| 301 Cottontail Ln, Somerset | 117,000 | 06/27/2003 | |
| 550 Weston Canal Rd, Somerset | |||
| 100 Memorial Dr, Somerset | 05/23/2002 | $700,000 | |
| 300 Memorial Dr, Somerset | 05/23/2002 | $700,000 | |
| 650 Randolph Rd, Somerset | 10/26/2021 | $27,673,800 | |
| 20 Manville Cwy, Somerset | 1,092 | 01/27/2014 | $1 |
| 43 Mettlers Rd, Somerset | 3,038 | 03/16/2022 | $400,000 |
| 47 Mettlers Rd, Somerset | 2,645 | 06/08/2022 | $990,000 |