When was 20 Lake Ave, Franklin Twp, NJ last sold?

The most recent recorded sale was in 2009 for $229,900.

What is the assessed value of 20 Lake Ave, Franklin Twp, NJ?

The total municipal assessment is $477,500 (land plus improvements).

What is 20 Lake Ave, Franklin Twp, NJ worth?

Our model estimates a market value of $551,337, derived from comparable recorded sales nearby.

How many units does 20 Lake Ave, Franklin Twp, NJ have?

Records show 1 dwelling unit at 20 Lake Ave, Franklin Twp, NJ.

What kind of property is 20 Lake Ave, Franklin Twp, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1962.

parceldata.nj

Loading…

20 Lake Ave, Franklin Twp, NJ — owner, sales, deeds · parceldata

20 Lake Ave

Franklin Twp, NJ·Somerset County

1808·block 351·lot 22

$551,337estimated value

Last sale

$229,900

9/12/2009 · MOD-IV (Rutgers)

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1962

Building size

1,502 sq ft

Lot size

0.26 ac

Land description

75X150

Building description

1SF 1G

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$477,500

Land value

$311,300

Improvement value

$166,200

Last year's tax

$8,409

Last MOD-IV sale

$2,299

MOD-IV deed date

9/12/2009

Owner mailing address

20 Lake Avenue
Somerset Nj 08873

Estimated market value

$551,337

range $460,890 – $589,461

high confidence

Assessment-implied: $495,435; Director's Ratio 0.9638 (2025)
Comp-implied: $569,971; 30 comparable sales

Estimated value, last 11 years

2016: $307,383 → 2026: $551,337

Based on 30 comparable sales

Address	Sold	Price
9 Atlantic Rd

Bordering

200-ft notice list →

22 Lake Ave
Lot 21·$546,300
18 Lake Ave
Lot 23·$569,800
19 Hill Ave
Lot 4·$585,500
21 Hill Ave
Lot 5·$625,000

Block 351All of Block 351 →

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1808_351_22",
  "county_code": "18",
  "district_code": "08",
  "block": "351",
  "lot": "22",
  "qualifier": "",
  "property_location": "20 Lake Ave",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": "1SF 1G",
  "land_desc": "75X150",
  "year_built": 1962,
  "living_sqft": 1502,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "31130000",
  "improvement_value_cents": "16620000",
  "net_value_cents": "47750000",
  "last_yr_tx_cents": "840878",
  "deed_date": "2009-09-12",
  "deed_book": "06265",
  "deed_page": "03408",
  "sale_price_cents": "229900",
  "sales_code": "A",
  "owner_mailing_street": "20 Lake Avenue",
  "owner_mailing_city_state_zip": "Somerset Nj 08873",
  "mun_name": "FRANKLIN TWP",
  "calc_acre": "0.258300",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.50023365335085,
  "centroid_lat": 40.48938392548438
}

SR1A

[
  {
    "id": "7232a6fe-ccd3-4e4d-90d8-3333d9626728",
    "property_id": "8a9063e8-6690-4754-bd37-d723b1e85796",
    "county_code": "18",
    "district_code": "08",
    "block": "351",
    "lot": "22",
    "qualifier": "",
    "deed_book": "6265",
    "deed_page": "3408",
    "deed_date": "2009-09-12",
    "date_recorded": "2009-09-12",
    "sale_price_cents": "22990000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "d6438e03-5a3a-4b69-b70e-ad23e93ed1d3",
    "property_id": "8a9063e8-6690-4754-bd37-d723b1e85796",
    "county_code": "18",
    "district_code": "08",
    "block": "351",
    "lot": "22",
    "qualifier": "",
    "deed_book": "06265",
    "deed_page": "03408",
    "deed_date": "2009-09-12",
    "date_recorded": "2009-09-12",
    "sale_price_cents": "229900",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
  {
    "id": "22a6a186-9929-4019-8357-390de24d51a1",
    "property_id": "8a9063e8-6690-4754-bd37-d723b1e85796",
    "county_code": "18",
    "district_code": "08",
    "block": "351",
    "lot": "22",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": null,
    "date_recorded": "1975-07-10",
    "sale_price_cents": "4100000",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
  {
    "id": "9ae1af55-5dbe-4c5d-a8ed-47073923b7fc",
    "property_id": "8a9063e8-6690-4754-bd37-d723b1e85796",
    "county_code": "18",
    "district_code": "08",
    "block": "351",
    "lot": "22",
    "qualifier": "",
    "deed_book": "1316",
    "deed_page": "435",
    "deed_date": "1975-07-10",
    "date_recorded": "1975-07-10",
    "sale_price_cents": "4100000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked questions

When was 20 Lake Ave, Franklin Twp, NJ last sold?: The most recent recorded sale was in 2009 for $229,900.
What is the assessed value of 20 Lake Ave, Franklin Twp, NJ?: The total municipal assessment is $477,500 (land plus improvements).
What is 20 Lake Ave, Franklin Twp, NJ worth?: Our model estimates a market value of $551,337, derived from comparable recorded sales nearby.
How many units does 20 Lake Ave, Franklin Twp, NJ have?: Records show 1 dwelling unit at 20 Lake Ave, Franklin Twp, NJ.
What kind of property is 20 Lake Ave, Franklin Twp, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1962.

Sales history

9/12/2009$229,900
MOD-IV (Rutgers)Bk 6265 / Pg 3408
9/12/2009$2,299
TaxDataHubBk 06265 / Pg 03408
7/10/1975$41,000
TaxDataHub
7/10/1975$41,000
MOD-IV (Rutgers)Bk 1316 / Pg 435

Date	Price	Book / Page	Source
9/12/2009	$229,900	6265 / 3408	MOD-IV (Rutgers)
9/12/2009	$2,299	06265 / 03408	TaxDataHub
7/10/1975	$41,000	—	TaxDataHub
7/10/1975	$41,000	1316 / 435	MOD-IV (Rutgers)