When was 307 Sherman Ave, Raritan Boro, NJ last sold?

The most recent recorded sale was in 2025 for $400,000.

What is the assessed value of 307 Sherman Ave, Raritan Boro, NJ?

The total municipal assessment is $214,500 (land plus improvements).

What is 307 Sherman Ave, Raritan Boro, NJ worth?

Our model estimates a market value of $394,046, derived from comparable recorded sales nearby.

How many units does 307 Sherman Ave, Raritan Boro, NJ have?

Records show 1 dwelling unit at 307 Sherman Ave, Raritan Boro, NJ.

What kind of property is 307 Sherman Ave, Raritan Boro, NJ?

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

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307 Sherman Ave, Raritan Boro, NJ — owner, sales, deeds · parceldata

307 Sherman Ave

Raritan Boro, NJ 08869·Somerset County

1816·block 57·lot 4

$394,046estimated value

Last sale

$400,000

9/11/2025 · SR1A 2026

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1950

Building size

800 sq ft

Lot size

0.14 ac

Land description

50X125

Building description

1 SF G1

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$214,500

Land value

$120,500

Improvement value

$94,000

Last year's tax

$6,275

Last MOD-IV sale

$4,000

MOD-IV deed date

9/10/2025

Owner mailing address

307 Sherman Ave
Raritan, Nj 08869

Estimated market value

$394,046

range $356,907 – $416,387

high confidence

Assessment-implied: $349,405; Director's Ratio 0.6139 (2025)
Comp-implied: $383,929; 5 comparable sales

Estimated value, last 11 years

2016: $247,748 → 2026: $394,046

dots are actual sale prices for this property

Based on 5 comparable sales

Address	Sold	Price
Canal St	5/23/2025	$400,000
63 Frelinghuysen Ave	1/10/2025	$430,000

On Sherman Ave

All 34 on Sherman Ave →

118 Sherman Ave
Lot 12.01·$248,800
120 Sherman Ave
Lot 13·$289,500
122 Sherman Ave
Lot 14·$283,000
124 Sherman Ave
Lot 15·$259,000
208 Sherman Ave
Lot 12·$238,400
210 Sherman Ave
Lot 13·$256,700

Bordering

200-ft notice list →

10 Railroad Ave
Lot 10·$293,400
Railroad Ave
Lot 11·$355,500
309 Sherman Ave
Lot 3·$292,300
317 Victoria St
Lot 5·$231,600
315 Victoria St
Lot 6·$211,900
307 Victoria St
Lot 7·$245,200
305 Victoria St
Lot 8

Block 57All of Block 57 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "307 SHERMAN AVE RARITAN NJ 08869"
    ],
    "zipKeys": [
      "307 SHERMAN AVE 08869"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1816_57_4",
  "county_code": "18",
  "district_code": "16",
  "block": "57",
  "lot": "4",
  "qualifier": "",
  "property_location": "307 Sherman Ave",
  "property_class": "2",
  "bldg_class": "16",
  "bldg_desc": "1 SF G1",
  "land_desc": "50X125",
  "year_built": 1950,
  "living_sqft": 800,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "12050000",
  "improvement_value_cents": "9400000",
  "net_value_cents": "21450000",
  "last_yr_tx_cents": "627509",
  "deed_date": "2025-09-10",
  "deed_book": "07638",
  "deed_page": "00259",
  "sale_price_cents": "400000",
  "sales_code": null,
  "owner_mailing_street": "307 Sherman Ave",
  "owner_mailing_city_state_zip": "Raritan, Nj 08869",
  "mun_name": "RARITAN BORO",
  "calc_acre": "0.143500",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.63271788894696,
  "centroid_lat": 40.57186707356971
}

SR1A

[
  {
    "id": "e96cc8a7-ffc2-4aa1-8ff6-927d06971712",
    "property_id": "0e812847-6373-44df-a7bb-cbf7fbf61722",
    "county_code": "18",
    "district_code": "16",
    "block": "57",
    "lot": "4",
    "qualifier": "",
    "deed_book": "07638",
    "deed_page": "00259",
    "deed_date": "2025-09-10",
    "date_recorded": "2025-09-11",
    "sale_price_cents": "40000000",
    "sr1a_year": 2026,
    "source": "sr1a"
  },
  {
    "id": "ca7f2e44-b043-4b8a-963c-df3b343e5fbb",
    "property_id": "0e812847-6373-44df-a7bb-cbf7fbf61722",
    "county_code": "18",
    "district_code": "16",
    "block": "57",
    "lot": "4",
    "qualifier": "",
    "deed_book": "07638",
    "deed_page": "00259",
    "deed_date": "2025-09-10",
    "date_recorded": "2025-09-10",
    "sale_price_cents": "400000",
    "sr1a_year": null,
    "source": "taxdatahub"
  }
]

API record·permalink

Frequently asked questions

When was 307 Sherman Ave, Raritan Boro, NJ last sold?: The most recent recorded sale was in 2025 for $400,000.
What is the assessed value of 307 Sherman Ave, Raritan Boro, NJ?: The total municipal assessment is $214,500 (land plus improvements).
What is 307 Sherman Ave, Raritan Boro, NJ worth?: Our model estimates a market value of $394,046, derived from comparable recorded sales nearby.
How many units does 307 Sherman Ave, Raritan Boro, NJ have?: Records show 1 dwelling unit at 307 Sherman Ave, Raritan Boro, NJ.
What kind of property is 307 Sherman Ave, Raritan Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1950.

Sales history

9/11/2025$400,000
SR1A 2026Bk 07638 / Pg 00259
9/10/2025$4,000
TaxDataHubBk 07638 / Pg 00259

Date	Price	Book / Page	Source
9/11/2025	$400,000	07638 / 00259	SR1A 2026
9/10/2025	$4,000	07638 / 00259	TaxDataHub