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323 Somerset St

New Brunswick, NJ 08901

6 bd 2 ba 1,820 sqft Built 1912 Lot 2,500 sqft multi_family
Most recent sale
$400,000
Aug 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 12, 2022 Sold $400,000 MLS #2251257M
Jun 25, 2022 Relisted $420,000 MLS #2251257M
Apr 7, 2022 Listed $420,000 MLS #2251257M
Sep 17, 1999 Sold $130,000 Public Record
Oct 3, 1990 Sold $170,000 Public Record
Oct 1, 1979 Sold $54,000 Public Record
Jan 1, 1978 Sold $33,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $175,500 $95,000 $270,500 $7,271
2024 $175,500 $95,000 $270,500 $7,084
2023 $175,500 $95,000 $270,500 $6,878
2022 $175,500 $95,000 $270,500 $6,732
2021 $175,500 $95,000 $270,500 $6,706
2020 $175,500 $95,000 $270,500 $6,681
2019 $175,500 $95,000 $270,500 $6,554
2018 $175,500 $95,000 $270,500 $6,405
2017 $175,500 $95,000 $270,500 $6,151
2016 $110,800 $25,000 $135,800 $7,966
2015 $110,800 $25,000 $135,800 $7,776
2014 $110,800 $25,000 $135,800 $7,637
2013 $110,800 $25,000 $135,800 $7,576
2012 $110,800 $25,000 $135,800 $7,434
2011 $110,800 $25,000 $135,800 $7,242
2010 $110,800 $25,000 $135,800 $7,010
2009 $110,800 $25,000 $135,800 $6,827
2008 $110,800 $25,000 $135,800 $6,632
2007 $110,800 $25,000 $135,800 $6,206

Property facts

Year built
1912
Property type
multi_family
Stories
2
Beds
6
Baths
2
Living area
1,820 sqft
Lot size
2,500 sqft
ZIP code
08901
City
New Brunswick
Street
Somerset St
Coordinates
40.49217, -74.45814

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,730
Gross rental yield
8.19%
Implied cap rate
5.32%
Trend-extrapolated value

Frequently asked questions

When did 323 Somerset St last sell?
323 Somerset St most recently sold on Aug 12, 2022 for $400,000.
What is the current tax assessment for 323 Somerset St?
The most recent total assessment for 323 Somerset St (year 2025) is $270,500 with $7,271 in property tax.
How does 323 Somerset St's assessment compare to its last sale price?
The current assessment is 32.4% below the last sale price of $400,000.
When was 323 Somerset St built?
323 Somerset St was built in 1912.
How does 323 Somerset St compare to others on Somerset St?
We track 8 other properties on Somerset St. Browse the list under "Other properties on Somerset St" to compare beds, baths, and sale history.
What are the property facts for 323 Somerset St?
323 Somerset St is a 6 bed, 2 bath, 1,820 sqft, 2,500 sqft lot multi_family.
Is 323 Somerset St a flip candidate?
No — 323 Somerset St does not appear in our flips dataset.
Is 323 Somerset St a tax-appeal candidate?
No — 323 Somerset St 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
+1.7%
Implied 1-yr
+6.7%
2026 Q3
$566.2K
2026 Q4
$574.8K
ZIP 08901 — Median Price History + Forecast

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