| Primary address | 401 Cottontail Lane, Somerset |
| Zip code | 08873 |
| County | Somerset |
| Municipality | Franklin Township |
| Block | 517.01 |
| Lot | 8.06 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 11/09/2023 |
| Sale price | $29,615,058 |
| Arm's length | Register |
| Current property tax | $309,060 |
| Building sqft | 99,792 |
| Building class | Warehouse-Other (959) |
| Acreage | 6.89 |
| Year built | 2023 |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Property reports include comprehensive occupancy, improvement and development information (where available).
Create a free account to access valuable data points such as:
This Warehouse-Other (959) located at 401 Cottontail Lane, Somerset, NJ 08873 has a total of 99,792 square feet and a current price per square foot of $296.
What is the year built & the current market value of 401 Cottontail Lane, Somerset, NJ 08873?401 Cottontail Lane, Somerset, NJ 08873 was built in 2023 and has a current tax assessor's market value of $17,000,000.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
| Listing type | For Lease |
|---|---|
| Listing date | 05/14/2021 |
| Last updated | 05/12/2026 |
| Lot size | 6.89 Acre |
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| Full Building | Warehouse/Distribution | Listing price not available | 99,714 | Gary Politi |
Create a free account to view the complete sales history for 401 Cottontail Lane, Somerset, including title documents, transfer conditions, mortgages and liens.
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 401 Cottontail Lane, Somerset, NJ 08873. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Base tax | $297,160 |
| Current property tax | $309,060 |
| Market value | $17,000,000 |
Here's the assessment & property tax history for 401 Cottontail 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 |
|---|---|---|---|---|---|
| 2024 | $17,000,000 | $17,000,000 | 1.748 | $297,160 | +162.94% |
| 2023 | $6,050,000 | $6,050,000 | 1.868 | $113,014 | +813.64% |
| 2022 | $627,900 | $627,900 | 1.97 | $12,370 | -8.16% |
| 2021 | $627,900 | $627,900 | 2.145 | $13,468 | -2.37% |
| 2020 | $627,900 | $627,900 | 2.197 | $13,795 | -1.57% |
| 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 |
Create a free account to unlock extended information for 401 Cottontail 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 |
Access the detailed traffic volume map for 401 Cottontail Lane, Somerset to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
| View daily traffic map |
Here are the neighbors for 401 Cottontail Lane, Somerset.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 701 Cottontail Ln, Somerset | 92,510 | 11/07/2002 | $3,912,629 |
| 1 Cottontail Ln, Somerset | 142,750 | 01/22/1993 | $4,217,934 |
| 500 Memorial Dr, Somerset | 136,300 | 01/21/2009 | $10,500,000 |
| 400 Apgar Dr, Somerset | 11/28/2022 | ||
| 200 Apgar Dr, Somerset | 15,637 | 02/21/2002 | $2,000,000 |
| 201 Cottontail Ln, Somerset | 06/27/2003 | ||
| 500 Pierce St, Somerset | 185,095 | 06/20/2005 | $1 |
| 472 Weston Canal Rd, Somerset | 224,300 | 07/02/1993 | $5,800,000 |
| 615 Pierce St, Somerset | 97,888 | 12/22/2000 | $4,800,000 |
| 101 Cottontail Ln, Somerset | 98,153 | 06/27/2003 | |
| 600 Apgar Dr, Somerset | 197,092 | 12/23/2021 | $24,000,000 |
| 501 Cottontail Ln, Somerset | 199,150 | 06/27/2003 | |
| 25 School House Rd, Gladstone | 30,231 | 06/24/1997 | $660,000 |
| 27 School House Rd, Gladstone | 17,803 | 12/28/2018 | $1,890,000 |
| 2 Riverview Dr, Somerset | 04/24/2014 | $3,100,000 | |
| 301 Cottontail Ln, Somerset | 117,000 | 06/27/2003 | |
| 100 Memorial Dr, Somerset | 05/23/2002 | $700,000 | |
| 1600 Cottontail Ln, Somerset | 318,380 | 08/02/2012 | $13,650,000 |
| 300 Memorial Dr, Somerset | 05/23/2002 | $700,000 | |
| 2200 Cottontail Ln, Somerset | 52,336 | 11/16/2023 | $10,250,000 |