| Primary address | 1 Riverview Drive, Somerset |
| Zip code | 08873 |
| County | Somerset |
| Municipality | Franklin Township |
| Block | 517.03 |
| Lot | 3.30 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 12/16/2021 |
| Sale price | $27,500,000 |
| Arm's length | Register |
| Current property tax | $396,324 |
| Building sqft | 144,175 |
| Building class | Not Categorized (999) |
| Acreage | 11.14 |
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 (SCILSI) located at 1 Riverview Drive, Somerset, NJ 08873 has a total of 144,175 square feet and a current price per square foot of $190.
What is the market value of 1 Riverview Drive, Somerset, NJ 08873?The current market value is $21,800,000.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
| Listing type | For Lease |
|---|---|
| Last updated | 05/14/2026 |
| Lot size | 30.16 Acre |
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| 50 Randolph Road 1st Floor | Flex - Industrial | Listing price not available | 21,569 | Robert S. Ryan James Medenbach |
| 50 Randolph Road 2nd Floor | R&D - Industrial | Listing price not available | 17,501 | Robert S. Ryan James Medenbach |
| 1 Riverview Dr #1A | R&D - Industrial | Listing price not available | 26,175 | Robert S. Ryan |
| 1 Riverview Dr #1B | R&D - Industrial | Listing price not available | 25,400 | Robert S. Ryan |
| 1 Riverview Dr #1C | R&D - Industrial | Listing price not available | 32,021 | Robert S. Ryan |
| 1 Riverview Dr #2A | R&D - Industrial | Listing price not available | 14,328 | Robert S. Ryan |
| 1 Riverview Dr #2B | R&D - Industrial | Listing price not available | 7,117 | Robert S. Ryan |
| 1 Riverview Dr #2C | R&D - Industrial | Listing price not available | 9,327 | Robert S. Ryan |
| Listing type | For Sale |
|---|---|
| Listing date | 01/18/2024 |
| Last updated | 05/11/2026 |
| Lot size | 11.2 Acre |
AVAILABLESPACE 172,200 SF industrial facility ACREAGE 11.2 acres BUILDING DIMENSIONS 280’ X 615’ OFFICE To suit CEILING HEIGHT 36’ clear COLUMN SPACING To suit LOADING DOCKS +/- 30 exterior docks DELIVERY 2024 CAR PARKING +/-105 spaces SPRINKLERS ESFR wet system ELECTRICAL To suit
Create a free account to view the complete sales history for 1 Riverview 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 1 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 | $381,064 |
| Current property tax | $396,324 |
| Market value | $21,800,000 |
Here's the assessment & property tax history for 1 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 |
|---|---|---|---|---|---|
| 2024 | $21,800,000 | $21,800,000 | 1.748 | $381,064 | -6.42% |
| 2023 | $21,800,000 | $21,800,000 | 1.868 | $407,224 | -5.18% |
| 2022 | $21,800,000 | $21,800,000 | 1.97 | $429,460 | +77.18% |
| 2021 | $11,300,000 | $11,300,000 | 2.145 | $242,385 | -2.37% |
| 2020 | $11,300,000 | $11,300,000 | 2.197 | $248,261 | +30.86% |
Create a free account to unlock extended information for 1 Riverview 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 1 Riverview 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 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Elizabeth Avenue Elementary School | 3 | Public | PK, K-5 | 554 | 1.09 |
| Elizabeth Avenue Elementary School | 3 | Public | PK, K-5 | 554 | 1.09 |
| Robert Morris School | 5 | Public | PK, K-8 | 430 | 1.29 |
| Robert Morris School | 5 | Public | PK, K-8 | 430 | 1.29 |
| Somerset Christian Academy | NR | Private | PK, K-12 | 0 | 1.37 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Robert Morris School | 5 | Public | PK, K-8 | 430 | 1.29 |
| Somerset Christian Academy | NR | Private | PK, K-12 | 0 | 1.37 |
| Green Brook Academy | NR | Private | 8-12 | 35 | 1.39 |
| Community Middle School | 4 | Public | 7-8 | 285 | 1.62 |
| Holy Family Academy | NR | Private | PK, K-8 | 0 | 1.62 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Somerset Christian Academy | NR | Private | PK, K-12 | 0 | 1.37 |
| Green Brook Academy | NR | Private | 8-12 | 35 | 1.39 |
| The Career Center Of The Scesc | NR | Public | 9-12 | 8 | 1.74 |
| Somerset Secondary Academy | NR | Public | 9-12 | 55 | 1.74 |
| Bound Brook High School | 2 | Public | 9-12 | 677 | 1.77 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Here are the neighbors for 1 Riverview Drive, Somerset.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 31 School House Rd, Gladstone | 12,000 | 06/12/2023 | $5,050,000 |
| 100 Apgar Dr, Somerset | 22,000 | 08/05/2024 | |
| 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 | ||
| 1501 Cottontail Ln, Somerset | 06/30/1986 | $5,292,000 | |
| 2301 Cottontail Ln, Somerset | 08/04/2021 | $26,000,000 | |
| 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 |
| 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 | |
| 500 Apgar Dr, Somerset | 56,100 | 11/28/2022 | |
| 1600 Cottontail Ln, Somerset | 318,380 | 08/02/2012 | $13,650,000 |
| 100 Randolph Rd, Somerset | 148,926 | 06/02/2022 | $27,000,000 |
| 2501 Cottontail Ln, Somerset | |||
| 2200 Cottontail Ln, Somerset | 52,336 | 11/16/2023 | $10,250,000 |