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575 Jerome Ave

Somerset, NJ 08873

1,656 sqft Built 1890 Lot 5,663 sqft single_family
Most recent sale
$280,000
Dec 26, 2019

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 24, 2023 Sold $410,000 Public Record
Oct 7, 2022 Listed $415,900 MLS #3811550
Jul 13, 2022 Price changed $425,000 MLS #3791380
Jun 23, 2022 Listed $439,000 MLS #3791380
Dec 26, 2019 Sold $280,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $161,000 $58,500 $219,500 $3,817
2024 $161,000 $58,500 $219,500 $3,066
2023 $110,200 $58,500 $168,700 $3,257
2022 $110,200 $58,500 $168,700 $3,438
2021 $110,200 $58,500 $168,700 $3,737
2020 $110,200 $58,500 $168,700 $3,819
2019 $110,200 $58,500 $168,700 $3,883
2018 $110,200 $58,500 $168,700 $3,924
2017 $110,200 $58,500 $168,700 $3,937
2016 $110,200 $58,500 $168,700 $3,966
2015 $110,200 $58,500 $168,700 $3,939
2014 $87,300 $58,500 $145,800 $3,356
2013 $87,300 $58,500 $145,800 $3,297
2012 $87,300 $58,500 $145,800 $3,193
2011 $87,300 $58,500 $145,800 $3,068
2010 $87,300 $58,500 $145,800 $2,708
2009 $87,300 $58,500 $145,800 $3,332
2008 $117,400 $53,400 $170,800 $3,332
2007 $117,400 $53,400 $170,800 $3,267

Property facts

Year built
1890
Property type
single_family
Stories
2
Beds
Baths
Living area
1,656 sqft
Lot size
5,663 sqft
ZIP code
08873
City
Somerset
Street
Jerome Ave
Coordinates
40.54799, -74.54015

Comparable properties nearby

Frequently asked questions

When did 575 Jerome Ave last sell?
575 Jerome Ave most recently sold on Dec 26, 2019 for $280,000.
What is the current tax assessment for 575 Jerome Ave?
The most recent total assessment for 575 Jerome Ave (year 2025) is $219,500 with $3,817 in property tax.
How does 575 Jerome Ave's assessment compare to its last sale price?
The current assessment is 21.6% below the last sale price of $280,000.
When was 575 Jerome Ave built?
575 Jerome Ave was built in 1890.
How does 575 Jerome Ave compare to others on Jerome Ave?
We do not currently track other properties on Jerome Ave.
What are the property facts for 575 Jerome Ave?
575 Jerome Ave is a 1,656 sqft, 5,663 sqft lot single_family.
Is 575 Jerome Ave a flip candidate?
No — 575 Jerome Ave does not appear in our flips dataset.
Is 575 Jerome Ave a tax-appeal candidate?
No — 575 Jerome 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
-0.6%
Implied 1-yr
-2.3%
2026 Q3
$505.9K
2026 Q4
$502.8K
ZIP 08873 — Median Price History + Forecast

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