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50 Randolph Road, Somerset, NJ 08873 Property Information

50 Randolph Road, Somerset, NJ 08873 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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50 Randolph Road, Somerset, NJ 08873
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Address

Primary address 50 Randolph Road, Somerset
Zip code 08873
County Somerset
Municipality Franklin Township
Block 517.03
Lot 3.31

Sales & Tax Overview for 50 Randolph Road, Somerset

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

Sale date 06/02/2022
Sale price $15,500,000
Arm's length
Current property tax $199,980

Lot & Building Information for 50 Randolph Road, Somerset

Building sqft 91,450
Building class Not Categorized (999)
Acreage 6.868
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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 50 Randolph Road, Somerset

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  • • Improvements for 50 Randolph Road, Somerset , including their type, square footage, grade and when they were built.
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About 50 Randolph Road, Somerset

How many square feet does 50 Randolph Road, Somerset, NJ 08873 have?

This Not Categorized (999) located at 50 Randolph Road, Somerset, NJ 08873 has a total of 91,450 square feet.

What is the assessed value of 50 Randolph Road, Somerset, NJ 08873 and the property tax paid?

Assessed at $11,000,000, the tax amount paid for 50 Randolph Road, Somerset, NJ 08873 is $184,580.

When was 50 Randolph Road, Somerset, NJ 08873 last sold and what was the last sale price?

50 Randolph Road, Somerset, NJ 08873 was last sold in 06/02/2022 for $15,500,000.

Ownership Information

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Spaces for Lease in 50 Randolph Road, Somerset

Riverview Technology Center
Listing type For Lease
Last updated 03/23/2026
Lot size 30.16 Acre
View Listing

Brokers

Andrew Siemsen
Joseph Vacca
James Medenbach
Robert S. Ryan
Spaces
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
Active Listings For This Property:
For Lease Riverview Technology Center
Riverview Technology Center
50 Randolph Road, Somerset
Property Manufacturing
Availability 8 Spaces listed / 153438 Sqft
Price Listing price not available
Real Estate Reports:
Laura Pop-Badiu, May 07, 2026 Locked-In Owners, Mobile Renters: Homeowners Stay Put as Renters Move 3.7x More Across Largest U.S. Cities 
Renters became the primary drivers of long-distance mobility across the largest U.S. cities, moving 3.7 times more than owners in 2024, as high mortgage rates and housing costs kept many homeowners in place.
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Apr 15, 2026 2026 Q1 Foreclosure Report: Brooklyn Filings Fall Sharply, Bronx & Staten Island Hit New Peaks
Behind a deceptively mild citywide downtick, borough foreclosure markets pulled into significantly diverging paths as Brooklyn cases were nearly halved and the Bronx hit a new, record high. Meanwhile, Queens remained unchanged, Staten Island surged back up and Manhattan cooled slowly.
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Past Sales & Property History for 50 Randolph Road, Somerset

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Purchase date Purchase price Buyer name Seller name
06/02/2022 $15,500,000
01/29/2019 $1,000
09/01/1999 $100
       
       
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*Here are the three most recent sales for this property.


Title Documents for 50 Randolph Road, Somerset

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.

Date Amount Grantor Grantee Document
06/02/2022 - D
06/29/2020 - D
06/30/2020 - R
03/18/2020 - D
03/19/2020 - R
04/22/2019 - D
04/25/2019 - R
02/21/2019 - D
02/27/2019 - R
01/29/2019 - D
09/01/1999 - D
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R: Recorded date
D: Document date

Property Taxes for 50 Randolph Road, Somerset

Access detailed property tax data for 50 Randolph Road, Somerset, NJ 08873. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Base tax $192,280
Current property tax $199,980
Market value $11,000,000

Assessment History for 50 Randolph Road, Somerset

Here's the assessment & property tax history for 50 Randolph Road, 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 $11,000,000 $11,000,000 1.748 $192,280 -6.42%
2023 $11,000,000 $11,000,000 1.868 $205,480 +6.43%
2022 $9,800,000 $9,800,000 1.97 $193,060 +12.51%
2021 $8,000,000 $8,000,000 2.145 $171,600 -2.37%
2020 $8,000,000 $8,000,000 2.197 $175,760 +14.12%

Risk

Create a free account to unlock extended information for 50 Randolph Road, 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 50 Randolph Road, 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

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 1.20
Elizabeth Avenue Elementary School 3 Public PK, K-5 554 1.20
Somerset Christian Academy NR Private PK, K-12 0 1.29
Somerset Christian Academy NR Private PK, K-12 0 1.29
Robert Morris School 5 Public PK, K-8 430 1.38

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
Somerset Christian Academy NR Private PK, K-12 0 1.29
Robert Morris School 5 Public PK, K-8 430 1.38
Green Brook Academy NR Private 8-12 35 1.44
Somerset Elementary Academy NR Public K-8 39 1.64
Holy Family Academy NR Private PK, K-8 0 1.68

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
Somerset Christian Academy NR Private PK, K-12 0 1.29
Green Brook Academy NR Private 8-12 35 1.44
The Career Center Of The Scesc NR Public 9-12 8 1.64
Somerset Secondary Academy NR Public 9-12 55 1.64
Bound Brook High School 2 Public 9-12 677 1.82

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

Neighbors for 50 Randolph Road, Somerset

Here are the neighbors for 50 Randolph Road, Somerset.

Address Square feet Purchase date Purchase price
31 School House Rd, Gladstone 12,000 06/12/2023 $5,050,000
31 Randolph Rd, Somerset
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
1 Riverview Dr, Somerset 144,175 12/16/2021 $27,500,000
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
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

Nearby ZIP Codes for 50 Randolph Road, Somerset

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