NOT LISTED FOR SALE

129 Drake Rd Somerset, NJ 08873

Somerset Neighborhood

Estimated Value: $549,615 - $646,000

-- Bed
-- Bath
2,190 Sq Ft
$267/Sq Ft Est. Value

About This Home

This home is located at 129 Drake Rd, Somerset, NJ 08873 and is currently estimated at $585,154, approximately $267 per square foot. 129 Drake Rd is a home located in Somerset County with nearby schools including Franklin High School, Rutgers Preparatory School, and Cedar Hill Preparatory School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 1990
Sold by
Reeling Glenn E and Reeling Patricia A
Bought by
Rees Francis A and Rees Maureen A
Current Estimated Value
$585,154

Purchase Details

Closed on
Aug 24, 1990
Sold by
Reeling Glenn E and Reeling Patricia A
Bought by
Rees Francis A and Rees Maureen E

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rees Francis A -- --
Rees Francis A $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rees Francis A $805,500
Closed Rees Francis A $805,500
Closed Rees Francis A $600,000
Closed Rees Francis A $180,000
Closed Rees Francis A $50,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 $9,092 $499,000 $331,500 $167,500
2023 $8,808 $454,000 $286,500 $167,500
2022 $8,192 $400,000 $232,500 $167,500
2021 $7,160 $355,000 $187,500 $167,500
2020 $7,707 $337,000 $169,500 $167,500
2019 $7,812 $337,000 $169,500 $167,500
2018 $7,366 $314,500 $147,000 $167,500
2017 $7,077 $301,000 $133,500 $167,500
2016 $6,836 $288,300 $124,500 $163,800
2015 $7,001 $297,300 $133,500 $163,800
2014 $6,793 $292,800 $129,000 $163,800
Source: Public Records

Map

New Jersey Somerset County Somerset 08873 Somerset

129 Drake Rd, Somerset, NJ

Homes for Sale in Somerset, NJ

This home is located at 129 Drake Rd, Somerset, NJ 08873 and is currently estimated at $585,154, approximately $267 per square foot. 129 Drake Rd is a home located in Somerset County with nearby schools including Franklin High School, Rutgers Preparatory School, and Cedar Hill Preparatory School.

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