| Primary address | 500 Apgar Drive, Somerset |
| Zip code | 08873 |
| County | Somerset |
| Municipality | Franklin Township |
| Block | 517.03 |
| Lot | 3.12 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 01/31/2018 |
| Sale price | $15,000,000 |
| Arm's length | Register |
| Current property tax | $130,896 |
| Building sqft | 56,100 |
| Building class | Office-Other (569) |
| Acreage | 5 |
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 Office-Other (569) located at 500 Apgar Drive, Somerset, NJ 08873 has a total of 56,100 square feet.
What is the market value of 500 Apgar Drive, Somerset, NJ 08873?The current market value is $7,200,000.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
| Listing type | For Lease |
|---|---|
| Last updated | 03/26/2026 |
| Lot size | 19.34 Acre |
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| 400 Apgar Drive #I | Warehouse/Distribution | Listing price not available | 7,300 | Jason Fisch Patrick Reistrom |
Create a free account to view the complete sales history for 500 Apgar Drive, Somerset, including title documents, transfer conditions, mortgages and liens.
*Here are the three most recent sales for this property.
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 500 Apgar Drive, Somerset, NJ 08873. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Base tax | $125,856 |
| Current property tax | $130,896 |
| Market value | $7,200,000 |
Here's the assessment & property tax history for 500 Apgar 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 |
|---|---|---|---|---|---|
| 2024 | $7,200,000 | $7,200,000 | 1.748 | $125,856 | +3.65% |
| 2023 | $6,500,000 | $6,500,000 | 1.868 | $121,420 | +1.04% |
| 2022 | $6,100,000 | $6,100,000 | 1.97 | $120,170 | +12.05% |
| 2021 | $5,000,000 | $5,000,000 | 2.145 | $107,250 | -2.37% |
| 2020 | $5,000,000 | $5,000,000 | 2.197 | $109,850 | -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 500 Apgar Drive, 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 500 Apgar Drive, 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 500 Apgar 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 | |
| 2 Riverview Dr, Somerset | 04/24/2014 | $3,100,000 | |
| 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 | |
| 50 Randolph Rd, Somerset | 91,450 | 06/02/2022 | $15,500,000 |
| 2101 Cottontail Ln, Somerset | 86,804 | 03/29/2019 | $11,311,657 |
| 200 Varga Ln, Somerset | 140,000 | 07/02/2019 | |
| 1600 Cottontail Ln, Somerset | 318,380 | 08/02/2012 | $13,650,000 |
| 100 Randolph Rd, Somerset | 148,926 | 06/02/2022 | $27,000,000 |
| 2200 Cottontail Ln, Somerset | 52,336 | 11/16/2023 | $10,250,000 |