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500 Pierce Street, Somerset, NJ 08873 Property Information

500 Pierce Street, Somerset, NJ 08873 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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500 Pierce Street, Somerset, NJ 08873
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Address

Primary address 500 Pierce Street, Somerset
Zip code 08873
County Somerset
Municipality Franklin Township
Block 517.02
Lot 15.06

Sales & Tax Overview for 500 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 06/20/2005
Sale price $1
Arm's length
Current property tax $462,574

Lot & Building Information for 500 Pierce Street, Somerset

Building sqft 185,095
Building class Not Categorized (999)
Acreage 14
Exterior structural material
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district Light Manufacturing (M-1)
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 500 Pierce Street, Somerset

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About 500 Pierce Street, Somerset

How many square feet does 500 Pierce Street, Somerset, NJ 08873 have?

This Not Categorized (999) located at 500 Pierce Street, Somerset, NJ 08873 has a total of 185,095 square feet.

What is the assessed value of 500 Pierce Street, Somerset, NJ 08873 and the property tax paid?

Assessed at $26,600,000, the tax amount paid for 500 Pierce Street, Somerset, NJ 08873 is $446,348.

When was 500 Pierce Street, Somerset, NJ 08873 last sold and what was the last sale price?

500 Pierce Street, Somerset, NJ 08873 was last sold in 06/20/2005 for $1.

Ownership Information

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Past Sales & Property History for 500 Pierce Street, Somerset

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Purchase date Purchase price Buyer name Seller name
06/20/2005 $1

Title Documents for 500 Pierce Street, Somerset

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Date Amount Grantor Grantee Document
06/22/2005 - R
06/20/2005 - D
07/15/2002 - D
         
         
         
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R: Recorded date
D: Document date

Property Taxes for 500 Pierce Street, Somerset

Access detailed property tax data for 500 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 $446,348
Current property tax $462,574
Market value $26,600,000

Assessment History for 500 Pierce Street, Somerset

Here's the assessment & property tax history for 500 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 $26,600,000 $26,600,000 1.678 $446,348 -4.00%
2024 $26,600,000 $26,600,000 1.748 $464,968 +11.12%
2023 $22,400,000 $22,400,000 1.868 $418,432 +6.73%
2022 $19,900,000 $19,900,000 1.97 $392,030 +48.59%
2021 $12,300,000 $12,300,000 2.145 $263,835 -2.37%

Risk

Create a free account to unlock extended information for 500 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

Transportation

Access the detailed traffic volume map for 500 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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Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance to school (mi)
Elizabeth Avenue Elementary School 3 Public PK, K-5 554 0.79
Elizabeth Avenue Elementary School 3 Public PK, K-5 554 0.79
Thomas Edison EnergySmart Charter School 10 Charter K-12 604 1.42
Robert Morris School 5 Public PK, K-8 430 1.44
Robert Morris School 5 Public PK, K-8 430 1.44

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
Thomas Edison EnergySmart Charter School 10 Charter K-12 604 1.42
Robert Morris School 5 Public PK, K-8 430 1.44
Somerset Christian Academy NR Private PK, K-12 0 1.55
Central Jersey College Prep Charter School 8 Charter K-12 1,288 1.84
Green Brook Academy NR Private 8-12 35 1.87

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
Franklin Twp High School 3 Public 9-12 2,220 1.18
Thomas Edison EnergySmart Charter School 10 Charter K-12 604 1.42
Somerset Christian Academy NR Private PK, K-12 0 1.55
Central Jersey College Prep Charter School 8 Charter K-12 1,288 1.84
Green Brook Academy NR Private 8-12 35 1.87

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

Neighbors for 500 Pierce Street, Somerset

Here are the neighbors for 500 Pierce Street, Somerset.

Address Square feet Purchase date Purchase price
100 Apgar Dr, Somerset 22,000 08/05/2024
701 Cottontail Ln, Somerset 92,510 11/07/2002 $3,912,629
1 Cottontail Ln, Somerset 142,750 01/22/1993 $4,217,934
300 Apgar Dr, Somerset 01/25/2005 $850,000
201 Cottontail Ln, Somerset 06/27/2003
472 Weston Canal Rd, Somerset 224,300 07/02/1993 $5,800,000
1 Riverview Dr, Somerset 144,175 12/16/2021 $27,500,000
101 Cottontail Ln, Somerset 98,153 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
501 Cottontail Ln, Somerset 199,150 06/27/2003
301 Cottontail Ln, Somerset 117,000 06/27/2003
100 Memorial Dr, Somerset 05/23/2002 $700,000
1600 Cottontail Ln, Somerset 180,000 08/02/2012 $13,650,000
500 Apgar Dr, Somerset 56,100 11/28/2022
50 Randolph Rd, Somerset 91,450 06/02/2022 $15,500,000
401 Cottontail Ln, Somerset 99,792 11/09/2023 $29,615,058
300 Memorial Dr, Somerset 05/23/2002 $700,000
2200 Cottontail Ln, Somerset 52,336 11/16/2023 $10,250,000

Nearby ZIP Codes for 500 Pierce Street, Somerset

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