What is the assessed value of 12 Far Hills Avenue, Far Hills Boro, NJ?

The total municipal assessment is $523,000 (land plus improvements).

What is 12 Far Hills Avenue, Far Hills Boro, NJ worth?

Our model estimates a market value of $496,299, derived from comparable recorded sales nearby.

How many units does 12 Far Hills Avenue, Far Hills Boro, NJ have?

Records show 1 dwelling unit at 12 Far Hills Avenue, Far Hills Boro, NJ.

What kind of property is 12 Far Hills Avenue, Far Hills Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1950.

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12 Far Hills Avenue, Far Hills Boro, NJ — owner, sales, deeds · parceldata

12 Far Hills Avenue

Far Hills Boro, NJ·Somerset County

1807·block 17·lot 15

$496,299estimated value

Last sale

—

8/17/2020 · SR1A 2021

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1950

Building size

1,460 sq ft

Lot size

0.38 ac

Land description

.38

Building description

2S-F

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$523,000

Land value

$282,300

Improvement value

$240,700

Last year's tax

$6,067

Last MOD-IV sale

MOD-IV deed date

7/31/2020

Owner mailing address

12 Far Hills Ave
Far Hills, Nj 07931

Estimated market value

$496,299

range $421,854 – $570,744

moderate confidence

Assessment-implied: $496,299; Director's Ratio 1.0538 (2025)
Comparable sales: none in 36 months

Estimated value, last 10 years

2016: $278,028 → 2025: $496,299

Sales history

8/17/2020—
SR1A 2021
7/31/2020$0
MOD-IV (Rutgers)Bk 7238 / Pg 1393

Bordering

200-ft notice list →

75 Peapack Road
Lot 1·$475,900
6 Schley Road
Lot 14·$509,300
77 Peapack Road
Lot 2·$526,700

Block 17All of Block 17 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "12 FAR HILLS AVE FAR HILLS NJ 07931"
    ],
    "zipKeys": [
      "12 FAR HILLS AVE 07931"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1807_17_15",
  "county_code": "18",
  "district_code": "07",
  "block": "17",
  "lot": "15",
  "qualifier": "",
  "property_location": "12 Far Hills Avenue",
  "property_class": "2",
  "bldg_class": "20",
  "bldg_desc": "2S-F",
  "land_desc": ".38",
  "year_built": 1950,
  "living_sqft": 1460,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "28230000",
  "improvement_value_cents": "24070000",
  "net_value_cents": "52300000",
  "last_yr_tx_cents": "606680",
  "deed_date": "2020-07-31",
  "deed_book": "07238",
  "deed_page": "01393",
  "sale_price_cents": "0",
  "sales_code": "A",
  "owner_mailing_street": "12 Far Hills Ave",
  "owner_mailing_city_state_zip": "Far Hills, Nj 07931",
  "mun_name": "FAR HILLS BORO",
  "calc_acre": "0.380000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.64261253634133,
  "centroid_lat": 40.68696488989033
}

SR1A

[
  {
    "id": "9664e78b-9190-4b0f-af13-444ff3dde592",
    "property_id": null,
    "county_code": "18",
    "district_code": "07",
    "block": "17",
    "lot": "15",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2020-07-31",
    "date_recorded": "2020-08-17",
    "sale_price_cents": null,
    "sr1a_year": 2021,
    "source": "sr1a"
  },
  {
    "id": "75624e38-7754-4369-a4c5-21e022a5c50a",
    "property_id": "a6b98905-eb5f-47d4-bb99-a813ac03696a",
    "county_code": "18",
    "district_code": "07",
    "block": "17",
    "lot": "15",
    "qualifier": "",
    "deed_book": "7238",
    "deed_page": "1393",
    "deed_date": "2020-07-31",
    "date_recorded": "2020-07-31",
    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "c6531eb4-559f-4c59-8452-b2840a7c1c80",
    "property_id": "a6b98905-eb5f-47d4-bb99-a813ac03696a",
    "county_code": "18",
    "district_code": "07",
    "block": "17",
    "lot": "15",
    "qualifier": "",
    "deed_book": "07238",
    "deed_page": "01393",
    "deed_date": "2020-07-31",
    "date_recorded": "2020-07-31",
    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
  {
    "id": "9c971784-370b-4f0b-bac0-917504eb1de9",
    "property_id": "a6b98905-eb5f-47d4-bb99-a813ac03696a",
    "county_code": "18",
    "district_code": "07",
    "block": "17",
    "lot": "15",
    "qualifier": "",
    "deed_book": "1819",
    "deed_page": "314",
    "deed_date": "1991-06-04",
    "date_recorded": "1991-06-04",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

What is the assessed value of 12 Far Hills Avenue, Far Hills Boro, NJ?: The total municipal assessment is $523,000 (land plus improvements).
What is 12 Far Hills Avenue, Far Hills Boro, NJ worth?: Our model estimates a market value of $496,299, derived from comparable recorded sales nearby.
How many units does 12 Far Hills Avenue, Far Hills Boro, NJ have?: Records show 1 dwelling unit at 12 Far Hills Avenue, Far Hills Boro, NJ.
What kind of property is 12 Far Hills Avenue, Far Hills Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1950.

Date	Price	Book / Page	Source
8/17/2020	—	—	SR1A 2021
7/31/2020	$0	7238 / 1393	MOD-IV (Rutgers)
7/31/2020	$0	07238 / 01393	TaxDataHub
6/4/1991	$1	1819 / 314	MOD-IV (Rutgers)