80 Gates Rd Somerset, NJ 08873
Estimated payment $5,700/month
Highlights
- 5.3 Acre Lot
- Main Floor Bedroom
- Formal Dining Room
- Cape Cod Architecture
- Sun or Florida Room
- 6 Car Detached Garage
About This Home
The value is in the land. Possibilities abound on this 5+ acre property. Expand the existing home or sub-divide the lots and build a new home. Buyer would be responsible for any sub-division approvals. Home offers a great deal of space including a large Florida room surrounded by windows overlooking the rear of the property. Appliances will remain. The property offers a great deal of privacy on a dead end street. This property offers easy access to Route 287, 22, 27,1 and 18 as well as Rutgers University, 2 hospitals, corporate centers and local shopping.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,929
Year Built
- Built in 1955
Lot Details
- 5.3 Acre Lot
- Cul-De-Sac
- Level Lot
- Subdivision Possible
Parking
- 6 Car Detached Garage
Home Design
- Cape Cod Architecture
- Tile
Interior Spaces
- 1,794 Sq Ft Home
- Window Treatments
- Living Room
- Formal Dining Room
- Sun or Florida Room
- Wall to Wall Carpet
- Basement
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Porch
Schools
- Macfee Elementary School
- Sampson Middle School
- Franklin High School
Utilities
- Forced Air Heating and Cooling System
- One Cooling System Mounted To A Wall/Window
- Standard Electricity
- Well
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 2708-00386-0008-00074-0003-
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 | $11,459 | $686,000 | $455,800 | $230,200 |
| 2024 | $11,459 | $630,300 | $455,800 | $174,500 |
| 2023 | -- | $515,800 | $341,300 | $174,500 |
| 2022 | -- | $465,800 | $291,300 | $174,500 |
| 2021 | $0 | $415,800 | $241,300 | $174,500 |
| 2020 | $0 | $415,800 | $241,300 | $174,500 |
| 2019 | $0 | $395,800 | $221,300 | $174,500 |
| 2018 | $0 | $396,000 | $221,300 | $174,700 |
| 2017 | $0 | $396,000 | $221,300 | $174,700 |
| 2016 | $0 | $396,000 | $221,300 | $174,700 |
| 2015 | -- | $396,000 | $221,300 | $174,700 |
| 2014 | -- | $396,000 | $221,300 | $174,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/29/2025 09/29/25 | Pending | -- | -- | -- |
| 08/25/2025 08/25/25 | Price Changed | $899,000 | -9.6% | $501 / Sq Ft |
| 04/02/2025 04/02/25 | For Sale | $995,000 | -- | $555 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available |
Source: Garden State MLS
MLS Number: 3954876
APN: 08-00386-08-00074-03
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