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31 Somerset Ave

Bernardsville, NJ 07924

3 bd 2 ba Built 1950 Lot 25,265 sqft single_family
Most recent sale
$765,000
Nov 15, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 15, 2023 Sold $765,000 GardenState
Oct 11, 2023 Listed $695,000 GardenState
Jun 13, 2023 Listing removed GardenState
Apr 28, 2023 Sold $475,000 Public Record
Apr 10, 2023 Listed $475,000 GardenState
Aug 10, 2001 Sold $352,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $548,500 $243,700 $792,200 $15,035
2024 $548,500 $243,700 $792,200 $14,357
2023 $255,000 $210,800 $465,800 $9,357
2022 $247,100 $200,800 $447,900 $9,208
2021 $237,200 $196,800 $434,000 $9,105
2020 $226,500 $196,800 $423,300 $8,906
2019 $231,600 $196,800 $428,400 $8,730
2018 $230,600 $194,900 $425,500 $8,471
2017 $239,900 $190,100 $430,000 $8,286
2016 $238,800 $190,100 $428,900 $8,046
2015 $234,700 $190,100 $424,800 $7,803
2014 $227,300 $190,100 $417,400 $7,634
2013 $223,900 $165,300 $389,200 $6,962
2012 $227,000 $165,300 $392,300 $6,826
2011 $225,700 $170,100 $395,800 $6,673
2009 $254,000 $170,100 $424,100 $6,306
2008 $284,200 $189,100 $473,300 $6,541
2007 $298,400 $189,100 $487,500 $6,532

Property facts

Year built
1950
Property type
single_family
Stories
Beds
3
Baths
2
Living area
Lot size
25,265 sqft
ZIP code
07924
City
Bernardsville
Street
Somerset Ave
Coordinates
40.71823, -74.57550

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Frequently asked questions

When did 31 Somerset Ave last sell?
31 Somerset Ave most recently sold on Nov 15, 2023 for $765,000.
What is the current tax assessment for 31 Somerset Ave?
The most recent total assessment for 31 Somerset Ave (year 2025) is $792,200 with $15,035 in property tax.
How does 31 Somerset Ave's assessment compare to its last sale price?
The current assessment is 3.6% above the last sale price of $765,000.
When was 31 Somerset Ave built?
31 Somerset Ave was built in 1950.
How does 31 Somerset Ave compare to others on Somerset Ave?
We track 8 other properties on Somerset Ave. Browse the list under "Other properties on Somerset Ave" to compare beds, baths, and sale history.
What are the property facts for 31 Somerset Ave?
31 Somerset Ave is a 3 bed, 2 bath, 25,265 sqft lot single_family.
Is 31 Somerset Ave a flip candidate?
Yes — 31 Somerset Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 31 Somerset Ave a tax-appeal candidate?
No — 31 Somerset Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.0%
Implied 1-yr
+8.1%
2026 Q3
$1.55M
2026 Q4
$1.57M
ZIP 07924 — Median Price History + Forecast

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