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331 Somerset St

New Brunswick, NJ 08901

2,268 sqft Built 1912 Lot 5,001 sqft multi_family
Most recent sale
$480,000
Sep 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 26, 2022 Sold $480,000 MLS #2213915R
Jul 1, 2022 Relisted $529,000 MLS #2213915R
Jun 8, 2022 Price changed $529,000 MLS #2213915R
May 27, 2022 Price changed $549,000 MLS #2213915R
May 17, 2022 Price changed $575,000 MLS #2213915R
May 12, 2022 Listed $620,000 MLS #2213915R
Jan 9, 2017 Sold $248,000 Public Record
Jan 25, 2010 Sold $217,000 Public Record
Nov 13, 2009 Listing removed $211,900 AllJerseyMLS
Oct 20, 2009 Price changed $211,900 MLS #2776
Aug 21, 2009 Listed $222,750 MLS #2776
Jun 9, 2009 Listing removed $375,000 AllJerseyMLS
Jun 3, 2009 Listed $375,000 MLS #917739
Aug 29, 2000 Sold $147,500 Public Record
Mar 1, 1989 Sold $178,500 Public Record
Feb 1, 1970 Sold $22,650 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $238,700 $130,600 $369,300 $9,926
2024 $238,700 $130,600 $369,300 $9,671
2023 $238,700 $130,600 $369,300 $9,391
2022 $238,700 $130,600 $369,300 $9,191
2021 $238,700 $130,600 $369,300 $9,155
2020 $238,700 $130,600 $369,300 $9,122
2019 $238,700 $130,600 $369,300 $8,948
2018 $238,700 $130,600 $369,300 $8,745
2017 $238,700 $130,600 $369,300 $8,398
2016 $99,300 $37,500 $136,800 $8,025
2015 $99,300 $37,500 $136,800 $7,833
2014 $99,300 $37,500 $136,800 $7,694
2013 $99,300 $37,500 $136,800 $7,632
2012 $99,300 $37,500 $136,800 $7,488
2011 $99,300 $37,500 $136,800 $7,296
2010 $99,300 $37,500 $136,800 $7,062
2009 $99,300 $37,500 $136,800 $6,877
2008 $99,300 $25,000 $124,300 $6,071
2007 $99,300 $25,000 $124,300 $5,680

Property facts

Year built
1912
Property type
multi_family
Stories
3
Beds
Baths
Living area
2,268 sqft
Lot size
5,001 sqft
ZIP code
08901
City
New Brunswick
Street
Somerset St
Coordinates
40.49212, -74.45825

Comparable properties nearby

Frequently asked questions

When did 331 Somerset St last sell?
331 Somerset St most recently sold on Sep 26, 2022 for $480,000.
What is the current tax assessment for 331 Somerset St?
The most recent total assessment for 331 Somerset St (year 2025) is $369,300 with $9,926 in property tax.
How does 331 Somerset St's assessment compare to its last sale price?
The current assessment is 23.1% below the last sale price of $480,000.
When was 331 Somerset St built?
331 Somerset St was built in 1912.
How does 331 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 331 Somerset St?
331 Somerset St is a 2,268 sqft, 5,001 sqft lot multi_family.
Is 331 Somerset St a flip candidate?
No — 331 Somerset St does not appear in our flips dataset.
Is 331 Somerset St a tax-appeal candidate?
No — 331 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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