242 East Main Street, Somerville, NJ 08876 Property Information
242 East Main Street, Somerville, NJ 08876 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 242 East Main Street, Somerville |
| Zip code | 08876 |
| County | Somerset |
| Municipality | Somerville Borough |
| Block | 47 |
| Lot | 16 |
Sales & Tax Overview for 242 East Main Street, Somerville
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 10/20/1994 |
| Sale price | $425,000 |
| Arm's length | Register |
| Property tax | $25,698 |
Lot & Building Information for 242 East Main Street, Somerville
| Building sqft | 5,770 |
| Building class | Office Building |
| Acreage | 0.295 |
Zoning, Use & Area Overview
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 242 East Main Street, Somerville
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- • Improvements for 242 East Main Street, Somerville , 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 242 East Main Street, Somerville
This Office Building (SCILSO) located at 242 East Main Street, Somerville, NJ 08876 has a total of 5,770 square feet and a current price per square foot of $73.
What is the market value of 242 East Main Street, Somerville, NJ 08876?The current market value is $630,000.
Ownership Information
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Past Sales & Property History for 242 East Main Street, Somerville
Create a free account to view the complete sales history for 242 East Main Street, Somerville, including title documents, transfer conditions, mortgages and liens.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 10/20/1994 | $425,000 | Register | Register |
Title Documents for 242 East Main Street, Somerville
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R: Recorded date
D: Document date
Property Taxes for 242 East Main Street, Somerville
Access detailed property tax data for 242 East Main Street, Somerville, NJ 08876. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $25,698 |
| Market value | $630,000 |
Assessment History for 242 East Main Street, Somerville
Here's the assessment & property tax history for 242 East Main Street, Somerville, 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 | $630,000 | $630,000 | 4.079 | $25,698 | +3.19% |
| 2024 | $630,000 | $630,000 | 3.953 | $24,904 | +2.36% |
| 2023 | $630,000 | $630,000 | 3.862 | $24,331 | +2.69% |
| 2022 | $630,000 | $630,000 | 3.761 | $23,694 | +0.64% |
| 2021 | $630,000 | $630,000 | 3.737 | $23,543 | +2.10% |
Demographics by Zip Code
| Total population | 23,380 |
| Median age | 39.6 |
| Average household income | $152,500 |
| Family households | 61.0% |
| Occupied housing units | 9,885 |
| Owner occupied units | 61.1% |
| People per household (average) | 2.33 |
| Median year structure built | 1969 |
| Median value for units with a mortgage | $488,300 |
| Median value for units without a mortgage | $477,200 |
Risk
Create a free account to unlock extended information for 242 East Main Street, Somerville, 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 242 East Main Street, Somerville 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 242 East Main Street, Somerville
Here are the neighbors for 242 East Main Street, Somerville.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 20 Loeser Ave, Somerville | 1,336 | 10/10/2001 | |
| 22 Loeser Ave, Somerville | 1,336 | 09/28/2017 | $208,000 |
| 234 E Main St, Somerville | 1,856 | 05/30/2002 | $125,000 |
| 222 E Main St, Somerville | 1,784 | 06/04/2020 | $305,000 |
| 210-214 E Main St, Somerville | 11/05/2004 | $1 | |
| 238 E Main St, Somerville | 2,253 | 12/27/2001 | $145,000 |
| 24 Loeser Ave, Somerville | 1,420 | 06/25/2021 | |
| 26-28 Loeser Ave, Somerville | 3,900 | 03/31/1986 | $1 |
| 29 Fairview Ave, Somerville | 1,080 | 12/21/2016 | $82,000 |
| 230 E Main St, Somerville | 1,976 | 06/01/2004 | $1 |
| 81 Fairview Ave, Somerville | 1,546 | 10/01/2020 | $386,900 |
| 256 E Main St, Somerville | 2,760 | 08/26/2003 | $370,000 |
| 35 Fairview Ave, Somerville | 1,400 | 07/30/2003 | $229,900 |
| 218 E Main St, Somerville | 1,932 | 06/10/1997 | $173,000 |
| 31 Fairview Ave, Somerville | 1,240 | 01/27/2022 | $425,000 |
| 224-226 E Main St, Somerville | 3,022 | 05/12/2009 | $400,000 |
| 37 Fairview Ave, Somerville | 1,080 | 09/01/2006 | |
| 208 E Main St, Somerville | 1,812 | 07/29/2022 | $357,000 |
| 246-248 E Main St, Somerville | 3,534 | 04/28/2010 | $597,500 |
| 13 S Gaston Ave, Somerville | 1,331 | 09/11/2007 | $260,000 |