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244 Belmont Drive, Somerset, NJ 08873 Property Information

244 Belmont Drive, Somerset, NJ 08873 Property Information

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  • Owner
  • Documents
  • Tax
  • Neighborhood
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244 Belmont Drive, Somerset, NJ 08873
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Address

Primary address 244 Belmont Drive, Somerset
Zip code 08873
County Somerset
Municipality Franklin Township
Block 517.05
Lot 35.11

Sales & Tax Overview for 244 Belmont Drive, Somerset

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

Sale date 08/26/2021
Sale price $15,000,000
Arm's length
Current property tax $605,172

Lot & Building Information for 244 Belmont Drive, Somerset

Building sqft 204,772
Building class Warehouse
Acreage 13.82
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Zoning, Use & Area Overview

Walk Score
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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 244 Belmont Drive, Somerset

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About 244 Belmont Drive, Somerset

How many sq. ft. does 244 Belmont Drive, Somerset, NJ 08873 have & what is the price per sq. ft?

This Warehouse (SCILSI) located at 244 Belmont Drive, Somerset, NJ 08873 has a total of 204,772 square feet and a current price per square foot of $73.

What is the market value of 244 Belmont Drive, Somerset, NJ 08873?

The current market value is $34,800,000.

Ownership Information

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Past Sales & Property History for 244 Belmont Drive, Somerset

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Purchase date Purchase price Buyer name Seller name
08/26/2021 $15,000,000

Title Documents for 244 Belmont Drive, Somerset

Data not available for this property.

Property Taxes for 244 Belmont Drive, Somerset

Access detailed property tax data for 244 Belmont Drive, Somerset, NJ 08873. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Base tax $583,944
Current property tax $605,172
Market value $34,800,000

Assessment History for 244 Belmont Drive, Somerset

Here's the assessment & property tax history for 244 Belmont 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 $34,800,000 $34,800,000 1.678 $583,944 -4.00%
2024 $34,800,000 $34,800,000 1.748 $608,304 +134.78%
2023 $13,870,000 $13,870,000 1.868 $259,092 -4.90%
2022 $13,830,000 $13,830,000 1.97 $272,451 +126.45%
2021 $5,609,000 $5,609,000 2.145 $120,313 -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%
People per household (average) 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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Transportation

Access the detailed traffic volume map for 244 Belmont 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 244 Belmont Drive, Somerset

Here are the neighbors for 244 Belmont Drive, Somerset.

Address Square feet Purchase date Purchase price
200-202 Cottontail Ln, Somerset 240,289 12/23/2021 $30,750,000
19 School House Rd, Gladstone 84,805 01/14/2022 $14,300,000
400 Pierce St, Somerset 157,244 08/08/2012 $20,550,000
31 Randolph Rd, Somerset
31 School House Rd, Gladstone 12,000 06/12/2023 $5,050,000
390 Campus Dr, Somerset 83,300 12/30/2021 $17,100,000
428 Elizabeth Ave, Somerset 8,080 04/26/2002 $100,000
245 Belmont Dr, Somerset 99,995 03/11/2002 $1,245,250
33 School House Rd, Gladstone 84,060 01/20/2000 $2,852,000
243 Belmont Dr, Somerset 17,063 02/22/2024 $2,500,000
2301 Cottontail Ln, Somerset 08/04/2021 $26,000,000
600 Cottontail Ln, Somerset 237,580 05/17/1993 $9,350,000
309-311 Pierce St, Somerset 114,857 06/03/2009 $4,100,000
636-640 Pierce St, Somerset 09/21/2021 $81,490,000
230 Belmont Dr, Somerset 19,095 04/19/2023 $44,000,000
400 Cottontail Ln, Somerset 54,670 03/15/2022
325 Pierce St, Somerset 99,486 04/14/2000 $2,689,128
200 Varga Ln, Somerset 140,000 07/02/2019
2101 Cottontail Ln, Somerset 85,371 03/29/2019 $11,311,657
2501 Cottontail Ln, Somerset 40,819

Nearby ZIP Codes for 244 Belmont Drive, Somerset

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