118 Cortelyou Ln Franklin Twp., NJ 08873
Estimated payment $2,479/month
About This Lot
Discover the perfect opportunity to build your dream home on this stunning 1.2-acre vacant lot in the heart of Somerset, NJ! Nestled in a serene and desirable neighborhood, this expansive property offers endless possibilities for creating a bespoke single-family residence. Enjoy the tranquility and privacy that comes with ample space for lush gardens and outdoor entertainment areas, while still being close to schools, shopping, dining, and major highways. This is a rare chance to create the home you've always dreamed of in one of Somerset's most sought-after areas!
Listing Agent
JACK QIZHAN YAO
REALMART REALTY Brokerage Phone: 732-727-2285 Listed on: 02/05/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $6,249
Lot Details
- 1.21 Acre Lot
- Level Lot
- Property is zoned R40
Utilities
- Well Required
- Septic Needed
Listing and Financial Details
- Assessor Parcel Number 2708-00057-0001-00063-0001-
- Tax Block *
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 |
|---|---|---|---|---|
| 2024 | $6,249 | $346,600 | $346,600 | $0 |
| 2023 | $5,893 | $306,600 | $306,600 | $0 |
| 2022 | $5,001 | $246,600 | $246,600 | $0 |
| 2021 | $4,560 | $206,600 | $206,600 | $0 |
| 2020 | $4,441 | $196,600 | $196,600 | $0 |
| 2019 | $4,496 | $196,600 | $196,600 | $0 |
| 2018 | $4,541 | $196,600 | $196,600 | $0 |
| 2017 | $4,559 | $196,600 | $196,600 | $0 |
| 2016 | $4,598 | $196,600 | $196,600 | $0 |
| 2015 | $4,567 | $196,600 | $196,600 | $0 |
| 2014 | $4,498 | $196,600 | $196,600 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | Pending | -- | -- | -- |
| 02/05/2025 02/05/25 | For Sale | $359,999 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $165,000 | Catic Title | |
| Deed | $90,000 | None Available | |
| Sheriffs Deed | $6,875 | None Available | |
| Deed | -- | None Available | |
| Deed | $125,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $80,000 | Unknown |
Source: Garden State MLS
MLS Number: 3944706
APN: 08-00057-01-00063-01
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 real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.
Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.
- 8 Spencer St
- 35 Woodhill St
- 10 Julie Ct
- 16 Ashley Ct Unit 16
- 27 Edith Place
- 13 Jill Ct
- 81 Garden Ave
- 97 Bennington Pkwy
- 441 Skillmans Ln
- 11 Reins Ct
- 358 S Middlebush Rd
- 134 Pear Tree Ln Unit 17F
- 1383 Thomas Ave
- 59 Riverbend Dr
- 63 Taylor Dr Unit E2
- 91 Pear Tree Ln
- 20 Crabapple Ln
- 91 Pear Tree La
- 66 Riverbend Dr