40 East Somerset Street, Raritan, NJ 08869 Property Information
40 East Somerset Street, Raritan, NJ 08869 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 40 East Somerset Street, Raritan |
| Zip code | 08869 |
| County | Somerset |
| Municipality | Raritan Borough |
| Block | 109 |
| Lot | 1 |
Sales & Tax Overview for 40 East 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 | 12/09/2020 |
| Sale price | $650,000 |
| Arm's length | Register |
| Property tax | $11,350 |
Lot & Building Information for 40 East Somerset Street, Raritan
| Building sqft | 1,704 |
| Building class | Store with Residential (738) |
| Acreage | 0.23 |
| Year built | 1975 |
| Exterior structural material | Register |
Zoning, Use & Area Overview
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 40 East Somerset Street, Raritan
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- • Improvements for 40 East Somerset Street, Raritan , including their type, square footage, grade and when they were built.
- • Development maps such as planimetric, zoning, land use and urban landscape maps (building age and stories).
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About 40 East Somerset Street, Raritan
This Store with Residential (738) located at 40 East Somerset Street, Raritan, NJ 08869 has a total of 1,704 square feet and a current price per square foot of $381.
What is the year built & the current market value of 40 East Somerset Street, Raritan, NJ 08869?40 East Somerset Street, Raritan, NJ 08869 was built in 1975 and has a current tax assessor's market value of $380,100.
Ownership Information
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Past Sales & Property History for 40 East Somerset Street, Raritan
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*Here are the three most recent sales for this property.
Title Documents for 40 East Somerset Street, Raritan
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R: Recorded date
D: Document date
Property Taxes for 40 East Somerset Street, Raritan
Access detailed property tax data for 40 East 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 | $11,350 |
| Market value | $380,100 |
Assessment History for 40 East Somerset Street, Raritan
Here's the assessment & property tax history for 40 East 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 |
|---|---|---|---|---|---|
| 2024 | $380,100 | $380,100 | 2.986 | $11,350 | +4.88% |
| 2023 | $380,100 | $380,100 | 2.847 | $10,821 | +2.93% |
| 2022 | $380,100 | $380,100 | 2.766 | $10,514 | +6.38% |
| 2021 | $380,100 | $380,100 | 2.6 | $9,883 | +1.60% |
| 2020 | $380,100 | $380,100 | 2.559 | $9,727 | +0.35% |
Demographics By Zip Code
| Total population | 8,192 |
| Median age | 43 |
| Average household income | $141,830 |
| Family households | 62.7% |
| Occupied housing units | 3,209 |
| Owner occupied units | 53.4% |
| Average number of people per household | 2 |
| Median year structure built | 1965 |
| Median value for units with a mortgage | $440,800 |
| Median value for units without a mortgage | $475,100 |
Risk
Create a free account to unlock extended information for 40 East 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 40 East 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 40 East Somerset Street, Raritan
Here are the neighbors for 40 East Somerset Street, Raritan.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 5 Frederick St, Raritan | 13,038 | 08/09/2024 | $3,000,000 |
| 1 Elizabeth St, Raritan | 09/14/2015 | $800,000 | |
| 44 E Somerset St, Raritan | 1,996 | 10/19/2015 | $272,500 |
| 8 E Somerset St, Raritan | |||
| 2-4 E Somerset St, Raritan | 800 | 07/28/2021 | $100 |
| 42 E Somerset St, Raritan | 1,666 | 04/10/2019 | $315,000 |
| 14 Thompson St, Raritan | 1,334 | 07/10/2018 | $170,000 |
| 30 Somerset St, Raritan | 4,566 | 03/31/2015 | $1,065,000 |
| 46 E Somerset St, Raritan | 2,428 | 07/01/2022 | $580,000 |
| 42 Glaser Ave, Raritan | 1,922 | ||
| 4 Thompson St, Raritan | 4,624 | 02/01/1995 | $135,948 |
| 16 E Somerset St, Raritan | |||
| 48 E Somerset St, Raritan | 1,828 | 12/31/2012 | $276,000 |
| 50 E Somerset St, Raritan | 2,246 | 09/30/2003 | $278,000 |
| 10 Thompson St, Raritan | 3,910 | 11/22/2017 | |
| 6 Thompson St, Raritan | 3,840 | 04/09/2018 | $632,500 |
| 20 Doughty St, Raritan | 1,686 | 02/11/2004 | $283,250 |
| 16 Thompson St, Raritan | 3,200 | 11/20/2024 | |
| 12 Thompson St, Raritan | 1,480 | 04/16/1998 | $139,000 |
| 34 E Somerset St, Raritan | 4,900 | 10/19/2000 | $915,000 |