243 Belmont Drive, Somerset, NJ 08873 Property Information
243 Belmont Drive, Somerset, NJ 08873 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 243 Belmont Drive, Somerset |
| Zip code | 08873 |
| County | Somerset |
| Municipality | Franklin Township |
| Block | 518.04 |
| Lot | 10.04 |
Sales & Tax Overview for 243 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 | 02/22/2024 |
| Sale price | $2,500,000 |
| Arm's length | Register |
| Current property tax | $30,780 |
Lot & Building Information for 243 Belmont Drive, Somerset
| Building sqft | 17,063 |
| Building class | Warehouse-Other (959) |
| Acreage | 3.009 |
| Exterior structural material | Register |
Zoning, Use & Area Overview
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Other Property Data for 243 Belmont Drive, Somerset
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- • Improvements for 243 Belmont Drive, Somerset , including their type, square footage, grade and when they were built.
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About 243 Belmont Drive, Somerset
This Warehouse-Other (959) located at 243 Belmont Drive, Somerset, NJ 08873 has a total of 17,063 square feet and a current price per square foot of $146.
What is the market value of 243 Belmont Drive, Somerset, NJ 08873?The current market value is $1,770,000.
Ownership Information
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Past Sales & Property History for 243 Belmont Drive, Somerset
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Title Documents for 243 Belmont Drive, Somerset
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R: Recorded date
D: Document date
Property Taxes for 243 Belmont Drive, Somerset
Access detailed property tax data for 243 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 | $29,701 |
| Current property tax | $30,780 |
| Market value | $1,770,000 |
Assessment History for 243 Belmont Drive, Somerset
Here's the assessment & property tax history for 243 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 | $1,770,000 | $1,770,000 | 1.678 | $29,701 | -4.00% |
| 2024 | $1,770,000 | $1,770,000 | 1.748 | $30,940 | +13.44% |
| 2023 | $1,460,000 | $1,460,000 | 1.868 | $27,273 | -5.18% |
| 2022 | $1,460,000 | $1,460,000 | 1.97 | $28,762 | +4.76% |
| 2021 | $1,280,000 | $1,280,000 | 2.145 | $27,456 | -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% |
| Average number of people per household | 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
Create a free account to unlock extended information for 243 Belmont 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 |
Transportation
Access the detailed traffic volume map for 243 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 243 Belmont Drive, Somerset
Here are the neighbors for 243 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 |
| 428 Elizabeth Ave, Somerset | 8,080 | 04/26/2002 | $100,000 |
| 173 Belmont Dr, Somerset | 68,563 | 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 | 99,995 | 03/11/2002 | $1,245,250 |
| 210 Pierce St, Somerset | 09/21/2022 | $270,000 | |
| 644 Howard Ave, Somerset | 10/20/2005 | $3,600,000 | |
| 244 Belmont Dr, Somerset | 204,772 | 08/26/2021 | $15,000,000 |
| 418 Elizabeth Ave, Somerset | 1,456 | 10/08/2021 | $600,000 |
| 309-311 Pierce St, Somerset | 114,857 | 06/03/2009 | $4,100,000 |
| 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 | 19,095 | 04/19/2023 | $44,000,000 |
| 209 Pierce St, Somerset | 676 | 10/08/2021 | $600,000 |