What is the assessed value of 25 First Ave, Raritan Boro, NJ?

The total municipal assessment is $300,700 (land plus improvements).

What is 25 First Ave, Raritan Boro, NJ worth?

Our model estimates a market value of $450,164, derived from comparable recorded sales nearby.

How many units does 25 First Ave, Raritan Boro, NJ have?

Records show 2 dwelling units at 25 First Ave, Raritan Boro, NJ.

What kind of property is 25 First Ave, Raritan Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1880.

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25 First Ave, Raritan Boro, NJ — owner, sales, deeds · parceldata

25 First Ave

Raritan Boro, NJ·Somerset County

1816·block 80·lot 17

$450,164estimated value

Units

from MOD-IV (2-char max)

Last sale

—

9/14/2022 · SR1A 2023

21 other properties share this owner's mailing address.View portfolio →

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1880

Building size

1,896 sq ft

Lot size

0.17 ac

Land description

50X150

Building description

2 SF G1 2F

Dwelling / commercial units

2 dw / 0 comm

Tax & Assessment

Net assessed value

$300,700

Land value

$162,800

Improvement value

$137,900

Last year's tax

$9,147

Last MOD-IV sale

MOD-IV deed date

9/9/2022

Owner mailing address

216 North Ave E
Cranford, Nj 07016

Estimated market value

$450,164

range $401,928 – $631,845

high confidence

Assessment-implied: $489,819; Director's Ratio 0.6139 (2025)
Comp-implied: $436,945; 12 comparable sales

Estimated value, last 11 years

2016: $283,031 → 2026: $450,164

Bordering

200-ft notice list →

27 First Ave
Lot 16·$235,800
23 First Ave
Lot 18·$324,500
33-35 Gaston Ave
Lot 26·$284,500
37 Gaston Ave
Lot 27·$308,400

Block 80All of Block 80 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 21,
  "portfolioKeys": {
    "fullKeys": [
      "216 N AVE E CRANFORD NJ 07016"
    ],
    "zipKeys": [
      "216 N AVE E 07016"
    ]
  },
  "effective_unit_count": 2,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1816_80_17",
  "county_code": "18",
  "district_code": "16",
  "block": "80",
  "lot": "17",
  "qualifier": "",
  "property_location": "25 First Ave",
  "property_class": "2",
  "bldg_class": "45",
  "bldg_desc": "2 SF G1      2F",
  "land_desc": "50X150",
  "year_built": 1880,
  "living_sqft": 1896,
  "dwelling_units": 2,
  "comm_dwell": null,
  "land_value_cents": "16280000",
  "improvement_value_cents": "13790000",
  "net_value_cents": "30070000",
  "last_yr_tx_cents": "914729",
  "deed_date": "2022-09-09",
  "deed_book": "07469",
  "deed_page": "02022",
  "sale_price_cents": "0",
  "sales_code": "A",
  "owner_mailing_street": "216 North Ave E",
  "owner_mailing_city_state_zip": "Cranford, Nj 07016",
  "mun_name": "RARITAN BORO",
  "calc_acre": "0.172200",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": "000",
  "fac_name": null,
  "centroid_lon": -74.638278431007,
  "centroid_lat": 40.56810780156697
}

SR1A

[
  {
    "id": "92b706bc-e349-4739-bba5-327d23d1bd23",
    "property_id": null,
    "county_code": "18",
    "district_code": "16",
    "block": "80",
    "lot": "17",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2022-09-09",
    "date_recorded": "2022-09-14",
    "sale_price_cents": null,
    "sr1a_year": 2023,
    "source": "sr1a"
  },
  {
    "id": "3acf82dd-646a-44c3-87dd-12aa1d48c42c",
    "property_id": "71a5643e-62e6-4f80-b6b8-469cde4fe048",
    "county_code": "18",
    "district_code": "16",
    "block": "80",
    "lot": "17",
    "qualifier": "",
    "deed_book": "07469",
    "deed_page": "02022",
    "deed_date": "2022-09-09",
    "date_recorded": "2022-09-09",
    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
  {
    "id": "71fe8690-ab8d-4af7-9bfe-6fb82b9fcf37",
    "property_id": "71a5643e-62e6-4f80-b6b8-469cde4fe048",
    "county_code": "18",
    "district_code": "16",
    "block": "80",
    "lot": "17",
    "qualifier": "",
    "deed_book": "7469",
    "deed_page": "2022",
    "deed_date": "2022-09-09",
    "date_recorded": "2022-09-09",
    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "b1cbe779-c5af-4a39-8730-73196cca27ba",
    "property_id": "71a5643e-62e6-4f80-b6b8-469cde4fe048",
    "county_code": "18",
    "district_code": "16",
    "block": "80",
    "lot": "17",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": null,
    "date_recorded": "1998-05-27",
    "sale_price_cents": "15500000",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
  {
    "id": "1659dc4b-d33e-46aa-a52c-6864d019672f",
    "property_id": "71a5643e-62e6-4f80-b6b8-469cde4fe048",
    "county_code": "18",
    "district_code": "16",
    "block": "80",
    "lot": "17",
    "qualifier": "",
    "deed_book": "2213",
    "deed_page": "652",
    "deed_date": "1998-05-27",
    "date_recorded": "1998-05-27",
    "sale_price_cents": "15500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "521157f9-7e32-4abc-b162-2033e83c688d",
    "property_id": "71a5643e-62e6-4f80-b6b8-469cde4fe048",
    "county_code": "18",
    "district_code": "16",
    "block": "80",
    "lot": "17",
    "qualifier": "",
    "deed_book": "1748",
    "deed_page": "127",
    "deed_date": "1989-09-11",
    "date_recorded": "1989-09-11",
    "sale_price_cents": "15900000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "d1dc6d8d-4bbb-4af0-b990-b1e423918416",
    "property_id": "71a5643e-62e6-4f80-b6b8-469cde4fe048",
    "county_code": "18",
    "district_code": "16",
    "block": "80",
    "lot": "17",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": null,
    "date_recorded": "1989-09-11",
    "sale_price_cents": "15900000",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
  {
    "id": "f6e5124f-3bac-4c2f-be02-ae0b1c11e558",
    "property_id": "71a5643e-62e6-4f80-b6b8-469cde4fe048",
    "county_code": "18",
    "district_code": "16",
    "block": "80",
    "lot": "17",
    "qualifier": "",
    "deed_book": "1599",
    "deed_page": "727",
    "deed_date": "1986-09-08",
    "date_recorded": "1986-09-08",
    "sale_price_cents": "14500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "bc6d8a98-5798-4296-a1cc-a8ccedf5805f",
    "property_id": "71a5643e-62e6-4f80-b6b8-469cde4fe048",
    "county_code": "18",
    "district_code": "16",
    "block": "80",
    "lot": "17",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": null,
    "date_recorded": "1986-09-08",
    "sale_price_cents": "14500000",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
  {
    "id": "de5006c5-ea75-4058-ba1f-792bf8846377",
    "property_id": "71a5643e-62e6-4f80-b6b8-469cde4fe048",
    "county_code": "18",
    "district_code": "16",
    "block": "80",
    "lot": "17",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": null,
    "date_recorded": "1983-05-16",
    "sale_price_cents": "6450000",
    "sr1a_year": null,
    "source": "taxdatahub"
  }
]

API record·permalink

Frequently asked questions

What is the assessed value of 25 First Ave, Raritan Boro, NJ?: The total municipal assessment is $300,700 (land plus improvements).
What is 25 First Ave, Raritan Boro, NJ worth?: Our model estimates a market value of $450,164, derived from comparable recorded sales nearby.
How many units does 25 First Ave, Raritan Boro, NJ have?: Records show 2 dwelling units at 25 First Ave, Raritan Boro, NJ.
What kind of property is 25 First Ave, Raritan Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1880.

Based on 12 comparable sales

Address	Sold	Price
29 Wall St	1/8/2026	$390,000
9 Second Ave	12/10/2025	$500,000
11 Doughty St	9/15/2025	$440,000
Canal St	5/23/2025	$400,000
7-9 Church St	2/24/2025	$500,000
Canal St	12/30/2024	$200,000
65 Anderson St	11/1/2024	$325,000
81 First Ave	5/21/2024	$562,000
9 Second Ave	11/13/2023	$405,000
58 Quick Ave	10/24/2023	$415,000
1 Wall St	10/4/2023	$521,000
6 First Ave	6/8/2023	$510,000

Sales history

9/14/2022—
SR1A 2023
9/9/2022$0
TaxDataHubBk 07469 / Pg 02022
9/9/2022$0
MOD-IV (Rutgers)Bk 7469 / Pg 2022
5/27/1998$155,000
TaxDataHub
5/27/1998$155,000
MOD-IV (Rutgers)Bk 2213 / Pg 652
9/11/1989$159,000
MOD-IV (Rutgers)Bk 1748 / Pg 127
9/11/1989$159,000
TaxDataHub
9/8/1986$145,000
MOD-IV (Rutgers)Bk 1599 / Pg 727
9/8/1986$145,000
TaxDataHub
5/16/1983$64,500
TaxDataHub

Date	Price	Book / Page	Source
9/14/2022	—	—	SR1A 2023
9/9/2022	$0	07469 / 02022	TaxDataHub
9/9/2022	$0	7469 / 2022	MOD-IV (Rutgers)
5/27/1998	$155,000	—	TaxDataHub
5/27/1998	$155,000	2213 / 652	MOD-IV (Rutgers)
9/11/1989	$159,000	1748 / 127	MOD-IV (Rutgers)
9/11/1989	$159,000	—	TaxDataHub
9/8/1986	$145,000	1599 / 727	MOD-IV (Rutgers)
9/8/1986	$145,000	—	TaxDataHub