87 Somerset St
Raritan, NJ 08869
3 bd 2 ba Built 1926 Lot 6,534 sqft multi_family
Most recent sale
$450,000
Oct 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 31, 2023 | Price changed for rent | $2,200 | GardenState |
| Jul 2, 2023 | Listed for rent | $2,300 | GardenState |
| Oct 14, 2022 | Sold | $450,000 | Public Record |
| Oct 3, 2022 | Sold | $450,000 | MLS #3793450 |
| Jul 22, 2022 | Price changed | $474,900 | MLS #3793450 |
| Jul 2, 2022 | Listed | $489,900 | MLS #3793450 |
| Mar 23, 2013 | Listing removed | $1,200 | GardenState |
| Jan 9, 2013 | Listed for rent | $1,200 | GardenState |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $144,100 | $145,500 | $289,600 | $8,809 |
| 2024 | $144,100 | $145,500 | $289,600 | $8,647 |
| 2023 | $144,100 | $145,500 | $289,600 | $8,244 |
| 2022 | $144,100 | $145,500 | $289,600 | $8,010 |
| 2021 | $144,100 | $145,500 | $289,600 | $7,530 |
| 2020 | $144,100 | $145,500 | $289,600 | $7,411 |
| 2019 | $144,100 | $145,500 | $289,600 | $7,385 |
| 2018 | $144,100 | $145,500 | $289,600 | $7,098 |
| 2017 | $144,100 | $145,500 | $289,600 | $6,910 |
| 2016 | $144,100 | $145,500 | $289,600 | $6,777 |
| 2015 | $144,100 | $145,500 | $289,600 | $6,490 |
| 2014 | $144,100 | $145,500 | $289,600 | $6,510 |
| 2013 | $144,100 | $145,500 | $289,600 | $6,396 |
| 2012 | $144,100 | $145,500 | $289,600 | $6,373 |
| 2011 | $144,100 | $145,500 | $289,600 | $6,327 |
| 2010 | $144,100 | $145,500 | $289,600 | $6,510 |
| 2009 | $144,100 | $145,500 | $289,600 | $6,023 |
| 2008 | $144,100 | $145,500 | $289,600 | $5,664 |
| 2007 | $144,100 | $145,500 | $289,600 | $5,570 |
Property facts
Year built
1926
Property type
multi_family
Stories
2
Beds
3
Baths
2
Living area
—
Lot size
6,534 sqft
ZIP code
08869
City
Raritan
Street
Somerset St
Coordinates
40.56992, -74.62654
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsFrequently asked questions
When did 87 Somerset St last sell?
87 Somerset St most recently sold on Oct 14, 2022 for $450,000.
What is the current tax assessment for 87 Somerset St?
The most recent total assessment for 87 Somerset St (year 2025) is $289,600 with $8,809 in property tax.
How does 87 Somerset St's assessment compare to its last sale price?
The current assessment is 35.6% below the last sale price of $450,000.
When was 87 Somerset St built?
87 Somerset St was built in 1926.
How does 87 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 87 Somerset St?
87 Somerset St is a 3 bed, 2 bath, 6,534 sqft lot multi_family.
Is 87 Somerset St a flip candidate?
No — 87 Somerset St does not appear in our flips dataset.
Is 87 Somerset St a tax-appeal candidate?
No — 87 Somerset St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.4%
Implied 1-yr
+9.7%
2026 Q1
$485.2K
2026 Q2
$495.4K
ZIP 08869 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Somerset St