1 Drake Rd Somerset, NJ 08873
Estimated payment $3,100/month
Highlights
- 31,032 Sq Ft lot
- Corner Lot
- Central Air
- Views to the North
- En-Suite Primary Bedroom
About This Home
Rare opportunity to own in Franklin! 3 bed 2.1 bath split level sold strictly as is. Enter the foyer with powder room to a sunlit living room with surprise hardwood floors under carpet. Main level offers an eat-in kitchen ready for your updates, private dining room, and large family room with glass sliders to an expansive, peaceful yard. Upstairs features two bedrooms and shared full bath, plus a primary suite with graciously sized walk-in closet, separate vanity/dressing space, and private bath. Additional highlights include an attached 1-car garage, basement with laundry and storage, updated A/C, furnace, and water heater (last 3 years), and newer roof (approx. 2019). This wonderful home has so much potential! Priced to sell and ideal for buyers or investors ready to make it your own!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,669
Lot Details
- 0.71 Acre Lot
- Corner Lot
Home Design
- Split Level Home
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
Utilities
- Central Air
- Heating System Uses Natural Gas
Additional Features
- Views to the North
- Basement Fills Entire Space Under The House
Listing and Financial Details
- Legal Lot and Block 17 / 369
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,669 | $549,100 | $316,800 | $232,300 |
| 2024 | $8,669 | $475,800 | $316,800 | $159,000 |
| 2023 | $8,301 | $427,900 | $268,900 | $159,000 |
| 2022 | $8,067 | $393,900 | $234,900 | $159,000 |
| 2021 | $6,703 | $333,800 | $175,400 | $158,400 |
| 2020 | $7,440 | $325,300 | $166,900 | $158,400 |
| 2019 | $7,343 | $316,800 | $158,400 | $158,400 |
| 2018 | $7,120 | $304,000 | $145,600 | $158,400 |
| 2017 | $6,848 | $291,300 | $132,900 | $158,400 |
| 2016 | $6,705 | $282,800 | $124,400 | $158,400 |
| 2015 | $6,359 | $270,000 | $111,600 | $158,400 |
| 2014 | $6,167 | $265,800 | $107,400 | $158,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/21/2025 10/21/25 | Pending | -- | -- | -- |
| 10/03/2025 10/03/25 | For Sale | $449,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- |
Source: New Jersey MLS
MLS Number: 25035156
APN: 08-00369-0000-00017
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
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