55 West Somerset Street, Raritan, NJ 08869 Property Information
55 West Somerset Street, Raritan, NJ 08869 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 55 West Somerset Street, Raritan |
| Zip code | 08869 |
| County | Somerset |
| Municipality | Raritan Borough |
| Block | 105 |
| Lot | 1 |
Sales & Tax Overview for 55 West Somerset Street, Raritan
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 11/22/1993 |
| Sale price | $250,000 |
| Arm's length | Register |
| Property tax | $15,958 |
Lot & Building Information for 55 West Somerset Street, Raritan
| Building sqft | 5,040 |
| Building class | Store-Other (739) |
| Acreage | 0.121 |
| Year built | 1960 |
Zoning, Use & Area Overview
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Other Property Data for 55 West Somerset Street, Raritan
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- • Improvements for 55 West Somerset Street, Raritan , including their type, square footage, grade and when they were built.
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About 55 West Somerset Street, Raritan
This Store-Other (739) located at 55 West Somerset Street, Raritan, NJ 08869 has a total of 5,040 square feet and a current price per square foot of $49.
What is the year built & the current market value of 55 West Somerset Street, Raritan, NJ 08869?55 West Somerset Street, Raritan, NJ 08869 was built in 1960 and has a current tax assessor's market value of $524,600.
Ownership Information
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Past Sales & Property History for 55 West Somerset Street, Raritan
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| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 11/22/1993 | $250,000 | Register | Register |
Title Documents for 55 West Somerset Street, Raritan
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R: Recorded date
D: Document date
Property Taxes for 55 West Somerset Street, Raritan
Access detailed property tax data for 55 West Somerset Street, Raritan, NJ 08869. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $15,958 |
| Market value | $524,600 |
Assessment History for 55 West Somerset Street, Raritan
Here's the assessment & property tax history for 55 West Somerset Street, Raritan, 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 | $524,600 | $524,600 | 3.042 | $15,958 | +1.88% |
| 2024 | $524,600 | $524,600 | 2.986 | $15,665 | +4.88% |
| 2023 | $524,600 | $524,600 | 2.847 | $14,935 | +2.93% |
| 2022 | $524,598 | $524,598 | 2.766 | $14,510 | +6.38% |
| 2021 | $524,598 | $524,598 | 2.6 | $13,640 | +1.60% |
Demographics by Zip Code
| Total population | 8,368 |
| Median age | 41.3 |
| Average household income | $143,639 |
| Family households | 62.6% |
| Occupied housing units | 3,326 |
| Owner occupied units | 49.9% |
| Average number of people per household | 2.5 |
| Median year structure built | 1969 |
| Median value for units with a mortgage | $445,600 |
| Median value for units without a mortgage | $496,200 |
Risk
Create a free account to unlock extended information for 55 West Somerset Street, Raritan, 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 55 West Somerset Street, Raritan 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 55 West Somerset Street, Raritan
Here are the neighbors for 55 West Somerset Street, Raritan.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 2 Loomis St, Raritan | 2,108 | 02/16/2022 | $420,000 |
| 3 Nevius St, Raritan | 3,012 | 02/01/2017 | $360,000 |
| 13 Nevius St, Raritan | 1,544 | 01/12/2024 | $580,000 |
| 17 Nevius St, Raritan | 2,808 | 02/10/2014 | $292,000 |
| 51 W Somerset St, Raritan | 08/08/2024 | $370,000 | |
| 43 W Somerset St, Raritan | 6,164 | 08/29/2013 | $750,000 |
| 16 Loomis St, Raritan | 1,862 | 10/12/2023 | |
| 43 Canal St, Raritan | 2,181 | 09/25/2020 | $285,000 |
| 20 Wall St, Raritan | 2,521 | 04/17/2025 | |
| 18 Wall St, Raritan | 2,552 | 09/05/2018 | $1 |
| 53 W Somerset St, Raritan | 2,420 | 08/04/2021 | $300,000 |
| 6 Loomis St, Raritan | 2,442 | 05/24/2019 | $100 |
| 9 Nevius St, Raritan | 2,294 | 09/07/2007 | $293,000 |
| 4 Orlando Dr, Raritan | 3,192 | 06/27/2002 | $1 |
| 24 Wall St, Raritan | 2,968 | 11/13/2019 | $340,000 |
| 49 W Somerset St, Raritan | 8,034 | 09/05/2014 | $470,000 |
| 10 Loomis St, Raritan | 1,926 | ||
| 12 Loomis St, Raritan | 2,109 | 09/11/2008 | $1 |
| 6 Orlando Dr, Raritan | 1,738 | 01/19/2021 | $240,000 |
| 14 Loomis St, Raritan | 1,008 | 06/29/2009 | $197,000 |