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551 Jerome Avenue, Somerset, NJ 08873 Property Information

551 Jerome Avenue, Somerset, NJ 08873 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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551 Jerome Avenue, Somerset, NJ 08873
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Address

Primary address 551 Jerome Avenue, Somerset
Zip code 08873
County Somerset
Municipality Franklin Township
Block 562.01
Lot 35

Sales & Tax Overview for 551 Jerome Avenue, Somerset

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

Current property tax $129

Lot & Building Information for 551 Jerome Avenue, Somerset

Building class Vacant Land (1)
Acreage 0.168
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district Residential (R-10)
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 551 Jerome Avenue, Somerset

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About 551 Jerome Avenue, Somerset

What is the market value of 551 Jerome Avenue, Somerset, NJ 08873?

The current market value is $7,400.

Ownership Information

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Past Sales & Property History for 551 Jerome Avenue, Somerset

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No recorded sales for this property.

Title Documents for 551 Jerome Avenue, Somerset

Data not available for this property.

Property Taxes for 551 Jerome Avenue, Somerset

Access detailed property tax data for 551 Jerome Avenue, Somerset, NJ 08873. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Base tax $124
Current property tax $129
Market value $7,400

Assessment History for 551 Jerome Avenue, Somerset

Here's the assessment & property tax history for 551 Jerome Avenue, 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 $7,400 $7,400 1.678 $124 -4.00%
2024 $7,400 $7,400 1.748 $129 -6.42%
2023 $7,400 $7,400 1.868 $138 -5.18%
2022 $7,400 $7,400 1.97 $146 -8.16%
2021 $7,400 $7,400 2.145 $159 -2.37%

Risk

Create a free account to unlock extended information for 551 Jerome Avenue, 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)
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Geohazard zones map

Transportation

Access the detailed traffic volume map for 551 Jerome Avenue, 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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Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance to school (mi)
Robert Morris School 5 Public PK, K-8 430 0.50
Robert Morris School 5 Public PK, K-8 430 0.50
Elizabeth Avenue Elementary School 3 Public PK, K-5 554 0.61
Elizabeth Avenue Elementary School 3 Public PK, K-5 554 0.61
Lamonte School Annex NR Public PK, K 235 0.97

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
Robert Morris School 5 Public PK, K-8 430 0.50
Green Brook Academy NR Private 8-12 35 0.93
Community Middle School 4 Public 7-8 285 0.96
Holy Family Academy NR Private PK, K-8 0 0.98
Thomas Edison EnergySmart Charter School 10 Charter K-12 604 1.73

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
Green Brook Academy NR Private 8-12 35 0.93
Bound Brook High School 2 Public 9-12 677 1.25
Thomas Edison EnergySmart Charter School 10 Charter K-12 604 1.73
Somerset Bible Baptist Christian Academy NR Private K-12 80 2.01
Franklin Twp High School 3 Public 9-12 2,220 2.16

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

Neighbors for 551 Jerome Avenue, Somerset

Here are the neighbors for 551 Jerome Avenue, Somerset.

Address Square feet Purchase date Purchase price
541 Jerome Ave, Somerset 09/01/1937
561 Louis Ave, Somerset 01/12/2024
560 Equator Ave, Somerset 1,104 01/12/2024
218 Louis Ave, Somerset 2,318 04/02/2020 $347,000
564 Louis Ave, Somerset 01/23/1986 $4,500
558 Louis Ave, Somerset 09/12/1959
212 Louis Ave, South Bound Brook 1,706 08/29/1985 $84,900
564 Equator Ave, Somerset 1,213 02/01/1980 $37,500
534 Louis Ave, Somerset 1,916 11/07/2014 $215,000
544 Louis Ave, Somerset 2,688 12/23/2019 $475,000
560 Louis Ave, Somerset 12/02/1986 $750
540 Louis Ave, Somerset 1,260 12/15/2023 $220,000
10 Louis Ave, South Bound Brook 07/06/2007 $150,000
556 Equator Ave, Somerset 1,005 07/27/2022 $320,000
520 Equator Ave, Somerset 2,060 10/09/2019
545 Jerome Ave, Somerset
312 Samuel Pl, Somerset 1,675 04/30/2020
306 Samuel Pl, Somerset 1,880
216 Louis Ave, Somerset 07/22/2004 $16,500
559 Louis Ave, Somerset 07/27/2022 $320,000

Nearby ZIP Codes for 551 Jerome Avenue, Somerset

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