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2 Riverview Drive, Somerset, NJ 08873 Property Information

2 Riverview Drive, Somerset, NJ 08873 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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2 Riverview Drive, Somerset, NJ 08873
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Address

Primary address 2 Riverview Drive, Somerset
Zip code 08873
County Somerset
Municipality Franklin Township
Block 517.03
Lot 3.10

Sales & Tax Overview for 2 Riverview Drive, Somerset

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

Sale date 04/24/2014
Sale price $3,100,000
Arm's length
Current property tax $0

Lot & Building Information for 2 Riverview Drive, Somerset

Building class Office-Other (569)
Acreage 5.975
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
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 2 Riverview Drive, Somerset

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  • • Improvements for 2 Riverview Drive, Somerset , including their type, square footage, grade and when they were built.
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About 2 Riverview Drive, Somerset

What is the market value of 2 Riverview Drive, Somerset, NJ 08873?

The current market value is $4,000,000.

Ownership Information

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Past Sales & Property History for 2 Riverview Drive, Somerset

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Purchase date Purchase price Buyer name Seller name
04/24/2014 $3,100,000
12/14/2007 $5,722,920
08/26/1997 $100
       
       
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*Here are the three most recent sales for this property.


Title Documents for 2 Riverview Drive, Somerset

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Date Amount Grantor Grantee Document
04/24/2014 - D
05/13/2014 - R
12/14/2007 - D
02/20/2008 - R
08/26/1997 - D
         
         
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R: Recorded date
D: Document date

Property Taxes for 2 Riverview Drive, Somerset

Access detailed property tax data for 2 Riverview Drive, Somerset, NJ 08873. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Base tax $67,120
Current property tax $0
Market value $4,000,000

Assessment History for 2 Riverview Drive, Somerset

Here's the assessment & property tax history for 2 Riverview 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 $4,000,000 $4,000,000 1.678 $67,120 -4.00%
2024 $4,000,000 $4,000,000 1.748 $69,920 -6.42%
2023 $4,000,000 $4,000,000 1.868 $74,720 -5.18%
2022 $4,000,000 $4,000,000 1.97 $78,800 -8.16%
2021 $4,000,000 $4,000,000 2.145 $85,800 -2.37%

Demographics by Zip Code

Total population 56,327
Median age 40.4
Average household income $156,289
Family households 67.3%
Occupied housing units 21,831
Owner occupied units 67.6%
Average number of people per household 2.55
Median year structure built 1984
Median value for units with a mortgage $465,600
Median value for units without a mortgage $466,100

Risk

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FEMA flood zone(s) 0.2, AE, X (See more on map)
Fire hazard zone See more on map
Geohazard zones map

Transportation

Access the detailed traffic volume map for 2 Riverview 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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Neighbors for 2 Riverview Drive, Somerset

Here are the neighbors for 2 Riverview Drive, 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
300 Apgar Dr, Somerset 01/25/2005 $850,000
500 Pierce St, Somerset 185,095 06/20/2005 $1
201 Cottontail Ln, Somerset 06/27/2003
1 Riverview Dr, Somerset 144,175 12/16/2021 $27,500,000
1501 Cottontail Ln, Somerset 06/30/1986 $5,292,000
101 Cottontail Ln, Somerset 98,153 06/27/2003
27 School House Rd, Gladstone 17,803 12/28/2018 $1,890,000
25 School House Rd, Gladstone 30,231 06/24/1997 $660,000
501 Cottontail Ln, Somerset 199,150 06/27/2003
1100 Randolph Rd, Somerset 309,212 12/31/2012 $10,800,000
636-640 Pierce St, Somerset 09/21/2021 $81,490,000
500 Apgar Dr, Somerset 56,100 11/28/2022
50 Randolph Rd, Somerset 91,450 06/02/2022 $15,500,000
2101 Cottontail Ln, Somerset 85,371 03/29/2019 $11,311,657
1600 Cottontail Ln, Somerset 180,000 08/02/2012 $13,650,000
401 Cottontail Ln, Somerset 99,792 11/09/2023 $29,615,058
100 Randolph Rd, Somerset 148,926 06/02/2022 $27,000,000
2200 Cottontail Ln, Somerset 52,336 11/16/2023 $10,250,000

Nearby ZIP Codes for 2 Riverview Drive, Somerset

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