When was 109 Phillips Rd, Franklin Twp, NJ last sold?

The most recent recorded sale was in 1987 for $85,000.

What is the assessed value of 109 Phillips Rd, Franklin Twp, NJ?

The total municipal assessment is $393,000 (land plus improvements).

What is 109 Phillips Rd, Franklin Twp, NJ worth?

Our model estimates a market value of $387,019, derived from comparable recorded sales nearby.

How many units does 109 Phillips Rd, Franklin Twp, NJ have?

Records show 1 dwelling unit at 109 Phillips Rd, Franklin Twp, NJ.

What kind of property is 109 Phillips Rd, Franklin Twp, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1956.

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109 Phillips Rd, Franklin Twp, NJ — owner, sales, deeds · parceldata

109 Phillips Rd

Franklin Twp, NJ 08873·Somerset County

1808·block 240·lot 23

$387,019estimated value

Last sale

$85,000

1/22/1987 · MOD-IV (Rutgers)

1 other property share this owner's mailing address.View portfolio →

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1956

Building size

1,011 sq ft

Lot size

0.41 ac

Land description

75X237 AVG

Building description

1SF

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$393,000

Land value

$225,700

Improvement value

$167,300

Last year's tax

$6,671

Last MOD-IV sale

$850

MOD-IV deed date

1/22/1987

Owner mailing address

109 Phillips Rd
Somerset Nj 08873

Estimated market value

$387,019

range $347,937 – $416,540

high confidence

Assessment-implied: $407,761; Director's Ratio 0.9638 (2025)
Comp-implied: $380,105; 30 comparable sales

Estimated value, last 11 years

2016: $215,772 → 2026: $387,019

Based on 30 comparable sales

Address	Sold	Price
9 Darwin Rd	2/25/2026	$565,000
64 Frank St	1/20/2026	$309,100

Bordering

200-ft notice list →

263 Park St
Lot 14·$335,200
267 Park St
Lot 15·$383,000
115 Phillips Rd
Lot 22·$340,800
103 Phillips Rd
Lot 24·$402,200

Block 240All of Block 240 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 1,
  "portfolioKeys": {
    "fullKeys": [
      "109 PHILLIPS RD SOMERSET NJ 08873"
    ],
    "zipKeys": [
      "109 PHILLIPS RD 08873"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1808_240_23",
  "county_code": "18",
  "district_code": "08",
  "block": "240",
  "lot": "23",
  "qualifier": "",
  "property_location": "109 Phillips Rd",
  "property_class": "2",
  "bldg_class": "16",
  "bldg_desc": "1SF",
  "land_desc": "75X237 AVG",
  "year_built": 1956,
  "living_sqft": 1011,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "22570000",
  "improvement_value_cents": "16730000",
  "net_value_cents": "39300000",
  "last_yr_tx_cents": "667073",
  "deed_date": "1987-01-22",
  "deed_book": "01625",
  "deed_page": "00358",
  "sale_price_cents": "85000",
  "sales_code": null,
  "owner_mailing_street": "109 Phillips Rd",
  "owner_mailing_city_state_zip": "Somerset Nj 08873",
  "mun_name": "FRANKLIN TWP",
  "calc_acre": "0.408100",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.47440248428784,
  "centroid_lat": 40.495964251437094
}

SR1A

[
  {
    "id": "6b46f486-e71f-49f5-a75d-4f1d79896f60",
    "property_id": "89badd77-a4a8-4875-89ab-a34d4c53ede4",
    "county_code": "18",
    "district_code": "08",
    "block": "240",
    "lot": "23",
    "qualifier": "",
    "deed_book": "1625",
    "deed_page": "358",
    "deed_date": "1987-01-22",
    "date_recorded": "1987-01-22",
    "sale_price_cents": "8500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "86c015ec-74a7-473d-9626-7f7869d1c98e",
    "property_id": "89badd77-a4a8-4875-89ab-a34d4c53ede4",
    "county_code": "18",
    "district_code": "08",
    "block": "240",
    "lot": "23",
    "qualifier": "",
    "deed_book": "01625",
    "deed_page": "00358",
    "deed_date": "1987-01-22",
    "date_recorded": "1987-01-22",
    "sale_price_cents": "85000",
    "sr1a_year": null,
    "source": "taxdatahub"
  }
]

API record·permalink

Frequently asked questions

When was 109 Phillips Rd, Franklin Twp, NJ last sold?: The most recent recorded sale was in 1987 for $85,000.
What is the assessed value of 109 Phillips Rd, Franklin Twp, NJ?: The total municipal assessment is $393,000 (land plus improvements).
What is 109 Phillips Rd, Franklin Twp, NJ worth?: Our model estimates a market value of $387,019, derived from comparable recorded sales nearby.
How many units does 109 Phillips Rd, Franklin Twp, NJ have?: Records show 1 dwelling unit at 109 Phillips Rd, Franklin Twp, NJ.
What kind of property is 109 Phillips Rd, Franklin Twp, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1956.

Sales history

1/22/1987$85,000
MOD-IV (Rutgers)Bk 1625 / Pg 358
1/22/1987$850
TaxDataHubBk 01625 / Pg 00358

Date	Price	Book / Page	Source
1/22/1987	$85,000	1625 / 358	MOD-IV (Rutgers)
1/22/1987	$850	01625 / 00358	TaxDataHub