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121 Mercer Street, Somerville, NJ 08876 Property Information

121 Mercer Street, Somerville, NJ 08876 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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121 Mercer Street, Somerville, NJ 08876
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Address

Primary address 121 Mercer Street, Somerville
Zip code 08876
County Somerset
Municipality Somerville Borough
Block 143
Lot 1

Sales & Tax Overview for 121 Mercer Street, Somerville

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

Sale date 01/17/2006
Sale price $66,250,000
Arm's length
Property tax $385,274

Lot & Building Information for 121 Mercer Street, Somerville

Building class Apartment-Garden (020)
Acreage 5.508
Units 444
Exterior structural material
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
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 121 Mercer Street, Somerville

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  • • Improvements for 121 Mercer Street, Somerville , including their type, square footage, grade and when they were built.
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About 121 Mercer Street, Somerville

What is the assessed value of 121 Mercer Street, Somerville, NJ 08876 and the property tax paid?

Assessed at $9,445,300, the tax amount paid for 121 Mercer Street, Somerville, NJ 08876 is $385,273.

When was 121 Mercer Street, Somerville, NJ 08876 last sold and what was the last sale price?

121 Mercer Street, Somerville, NJ 08876 was last sold in 01/17/2006 for $66,250,000.

How many residential units does this building have?

This building has 444 residential unit(s).

Ownership Information

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Real Estate Reports:
Eliza Theiss, Apr 23, 2026 $4.6M Hudson Yards Maintains Top Spot, Luxury Sales in Malba Set $2.5M Price Record for Queens
Despite prices declining, Hudson Yards remained the most expensive NYC neighborhood, but TriBeCa’s growth closed the gap to under $400,000, while Malba set a new historic price record for Queens at $2.5 million, securing the highest ranking ever for the borough at #5.
Eliza Theiss, Apr 15, 2026 2026 Q1 Foreclosure Report: Brooklyn Filings Fall Sharply, Bronx & Staten Island Hit New Peaks
Behind a deceptively mild citywide downtick, borough foreclosure markets pulled into significantly diverging paths as Brooklyn cases were nearly halved and the Bronx hit a new, record high. Meanwhile, Queens remained unchanged, Staten Island surged back up and Manhattan cooled slowly.
Laura Pop-Badiu, Apr 09, 2026 How to Do a Title Search on Property Yourself: A Step-by-Step Online GuideĀ 
A property title search is the process of reviewing public records to confirm who legally owns a property and whether there are any liens, mortgages or legal claims attached to it. Explore our step-by-step guide explaining how you can perform a title search yourself. 
Research 100M+ property records powered by:
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Past Sales & Property History for 121 Mercer Street, Somerville

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Purchase date Purchase price Buyer name Seller name
01/17/2006 $66,250,000
11/23/2004 $57,500,000
       
       
       
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Title Documents for 121 Mercer Street, Somerville

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Date Amount Grantor Grantee Document
01/17/2006 - D
11/23/2004 - D
02/07/2005 - R
         
         
         
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R: Recorded date
D: Document date

Property Taxes for 121 Mercer Street, Somerville

Access detailed property tax data for 121 Mercer Street, Somerville, NJ 08876. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $385,274
Market value $9,445,300

Assessment History for 121 Mercer Street, Somerville

Here's the assessment & property tax history for 121 Mercer 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 $9,445,300 $9,445,300 4.079 $385,274 +7.89%
2024 $9,033,300 $9,033,300 3.953 $357,086 +2.36%
2023 $9,033,300 $9,033,300 3.862 $348,866 +2.69%
2022 $9,033,300 $9,033,300 3.761 $339,742 +0.64%
2021 $9,033,300 $9,033,300 3.737 $337,574 +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%
Average number of people per household 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

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FEMA flood zone(s) 0.2, AE, X (See more on map)
Fire hazard zone See more on map
Geohazard zones map

Transportation

Access the detailed traffic volume map for 121 Mercer 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 121 Mercer Street, Somerville

Here are the neighbors for 121 Mercer Street, Somerville.

Address Square feet Purchase date Purchase price
154 W Summit St, Somerville 1,518 03/13/1998 $125,000
188 W Summit St, Somerville 1,784 09/04/2024
120 Mountain Ave, Somerville 2,119 05/19/2003 $278,000
129 Mercer St, Somerville 1,320 01/17/2006 $66,250,000
146 W Summit St, Somerville 1,709 08/16/2022 $520,000
158 W Summit St, Somerville 1,662 02/28/2018 $300,000
160 W Summit St, Somerville 1,642 02/10/2009 $100
164 W Summit St, Somerville 1,534 06/08/2012 $1
196 W Summit St, Somerville 2,927 05/26/1983 $73,000
198 W Summit St, Somerville 1,966
141 N Doughty Ave, Somerville 2,170 03/17/2023 $651,000
154 Mountain Ave, Somerville 1,574 04/12/2021 $389,000
150 W Summit St, Somerville 1,510
152 W Summit St, Somerville 1,954 08/15/2002 $265,000
168 W Summit St, Somerville 1,886 06/07/2024 $670,000
1 Prospect St, Somerville 1,725 08/22/1994 $100
150 Mountain Ave, Somerville 1,522 12/18/2003 $285,000
186 W Summit St, Somerville 2,248 03/11/2022 $550,000
149 N Doughty Ave, Somerville 2,679 03/15/2023 $705,000
172 W Summit St, Somerville 2,832 06/26/2008 $1

Nearby ZIP Codes for 121 Mercer Street, Somerville

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