309-311 Pierce Street, Somerset, NJ 08873 Property Information
309-311 Pierce Street, Somerset, NJ 08873 Property Information
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- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 309-311 Pierce Street, Somerset |
| Zip code | 08873 |
| County | Somerset |
| Municipality | Franklin Township |
| Block | 517.06 |
| Lot | 17.04 |
Sales & Tax Overview for 309-311 Pierce Street, Somerset
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 06/03/2009 |
| Sale price | $4,100,000 |
| Current property tax | $232,704 |
Lot & Building Information for 309-311 Pierce Street, Somerset
| Building sqft | 114,857 |
| Building class | Warehouse-Other (959) |
| Acreage | 8.63 |
Zoning, Use & Area Overview
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Other Property Data for 309-311 Pierce Street, Somerset
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- • Improvements for 309-311 Pierce Street, Somerset , including their type, square footage, grade and when they were built.
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About 309-311 Pierce Street, Somerset
This Warehouse-Other (959) located at 309-311 Pierce Street, Somerset, NJ 08873 has a total of 114,857 square feet and a current price per square foot of $35.
What is the market value of 309-311 Pierce Street, Somerset, NJ 08873?The current market value is $12,800,000.
Ownership Information
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Past Sales & Property History for 309-311 Pierce Street, Somerset
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*Here are the three most recent sales for this property.
Title Documents for 309-311 Pierce Street, Somerset
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R: Recorded date
D: Document date
Property Taxes for 309-311 Pierce Street, Somerset
Access detailed property tax data for 309-311 Pierce Street, Somerset, NJ 08873. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Base tax | $223,744 |
| Current property tax | $232,704 |
| Market value | $12,800,000 |
Assessment History for 309-311 Pierce Street, Somerset
Here's the assessment & property tax history for 309-311 Pierce Street, 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 | $12,800,000 | $12,800,000 | 1.748 | $223,744 | +9.89% |
| 2023 | $10,900,000 | $10,900,000 | 1.868 | $203,612 | +14.84% |
| 2022 | $9,000,000 | $9,000,000 | 1.97 | $177,300 | +33.32% |
| 2021 | $6,200,000 | $6,200,000 | 2.145 | $132,990 | -2.37% |
| 2020 | $6,200,000 | $6,200,000 | 2.197 | $136,214 | -1.57% |
Demographics By Zip Code
| 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 |
Risk
Create a free account to unlock extended information for 309-311 Pierce Street, 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) | A, X (See more on map) |
| Fire hazard zone | See more on map |
| Geohazard zones map | Register |
Transportation
Access the detailed traffic volume map for 309-311 Pierce Street, 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 309-311 Pierce Street, Somerset
Here are the neighbors for 309-311 Pierce Street, Somerset.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 200-202 Cottontail Ln, Somerset | 237,360 | 12/23/2021 | $30,750,000 |
| 19 School House Rd, Gladstone | 84,805 | 01/14/2022 | $14,300,000 |
| 400 Pierce St, Somerset | 148,800 | 08/08/2012 | $20,550,000 |
| 428 Elizabeth Ave, Somerset | 8,080 | 04/26/2002 | $100,000 |
| 173 Belmont Dr, Somerset | 47,652 | 06/03/2002 | $100 |
| 426 Elizabeth Ave, Somerset | 1,489 | 04/26/2024 | $380,000 |
| 206 Pierce St, Somerset | 04/27/1987 | $33,500,000 | |
| 390 Campus Dr, Somerset | 83,300 | 12/30/2021 | $17,100,000 |
| 424 Elizabeth Ave, Somerset | 848 | 07/02/1990 | $1 |
| 245 Belmont Dr, Somerset | 99,636 | 03/11/2002 | $1,245,250 |
| 210 Pierce St, Somerset | 09/21/2022 | $270,000 | |
| 244 Belmont Dr, Somerset | 199,251 | 08/26/2021 | $15,000,000 |
| 33 School House Rd, Gladstone | 76,000 | 01/20/2000 | $2,852,000 |
| 243 Belmont Dr, Somerset | 17,063 | 02/22/2024 | $2,500,000 |
| 418 Elizabeth Ave, Somerset | 1,456 | 10/08/2021 | $600,000 |
| 600 Cottontail Ln, Somerset | 237,580 | 05/17/1993 | $9,350,000 |
| 325 Pierce St, Somerset | 99,486 | 04/14/2000 | $2,689,128 |
| 400 Cottontail Ln, Somerset | 54,670 | 03/15/2022 | |
| 230 Belmont Dr, Somerset | 152,175 | 04/19/2023 | $44,000,000 |
| 209 Pierce St, Somerset | 676 | 10/08/2021 | $600,000 |