7 Market St Somerset, NJ 08873
Estimated payment $4,836/month
Highlights
- High Ceiling
- Historic Home
- Storage Shed
- Enclosed Patio or Porch
About This Home
This property has fire damage on the right side of the unit, price reflects the value of property post fire. Owner financing available: 50% down at prime, 10 year note.
Listing Agent
JOHN KANABAY
WEICHERT REALTORS Brokerage Phone: 732-710-0180 Listed on: 08/01/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,892
Year Built
- Built in 1850
Lot Details
- 9,583 Sq Ft Lot
- Historic Home
Home Design
- Aluminum Siding
Interior Spaces
- High Ceiling
- Unfinished Basement
- Walk-Out Basement
- Fire and Smoke Detector
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Parking
- 4 Parking Spaces
- Parking Lot
Outdoor Features
- Enclosed Patio or Porch
- Storage Shed
Utilities
- Window Unit Cooling System
- Radiator
- Standard Electricity
Community Details
- 3,660 Sq Ft Building
Listing and Financial Details
- Assessor Parcel Number 2708-00064-0000-00005-0000-
- 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 |
|---|---|---|---|---|
| 2025 | $6,892 | $409,100 | $349,100 | $60,000 |
| 2024 | $6,892 | $379,100 | $319,100 | $60,000 |
| 2023 | $6,548 | $339,100 | $279,100 | $60,000 |
| 2022 | $4,669 | $229,100 | $169,100 | $60,000 |
| 2021 | $5,075 | $229,100 | $169,100 | $60,000 |
| 2020 | $9,574 | $422,900 | $159,100 | $263,800 |
| 2019 | $9,735 | $422,900 | $159,100 | $263,800 |
| 2018 | $9,604 | $412,900 | $149,100 | $263,800 |
| 2017 | $9,404 | $402,900 | $139,100 | $263,800 |
| 2016 | $9,472 | $402,900 | $139,100 | $263,800 |
| 2015 | $9,524 | $407,900 | $144,100 | $263,800 |
| 2014 | $9,390 | $407,900 | $144,100 | $263,800 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | For Sale | $799,999 | -- | $219 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Available |
Source: Garden State MLS
MLS Number: 3978914
APN: 08-00064-0000-00005
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