When was 40 W Spring St, Somerville Boro, NJ last sold?

The most recent recorded sale was in 2005 for $100.

What is the assessed value of 40 W Spring St, Somerville Boro, NJ?

The total municipal assessment is $229,500 (land plus improvements).

What is 40 W Spring St, Somerville Boro, NJ worth?

Our model estimates a market value of $496,952, derived from comparable recorded sales nearby.

How many units does 40 W Spring St, Somerville Boro, NJ have?

Records show 1 dwelling unit at 40 W Spring St, Somerville Boro, NJ.

What kind of property is 40 W Spring St, Somerville Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1930.

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40 W Spring St, Somerville Boro, NJ — owner, sales, deeds · parceldata

40 W Spring St

Somerville Boro, NJ 08876·Somerset County

1818·block 105·lot 24

$496,952estimated value

Last sale

$100

1/10/2005 · MOD-IV (Rutgers)

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1930

Building size

1,278 sq ft

Lot size

0.18 ac

Land description

50X160

Building description

2SF

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$229,500

Land value

$117,200

Improvement value

$112,300

Last year's tax

$9,361

Last MOD-IV sale

MOD-IV deed date

1/10/2005

Owner mailing address

40 W Spring St
Somerville, Nj 08876

Estimated market value

$496,952

range $435,330 – $520,438

low confidence

Assessment-implied: $390,306; Director's Ratio 0.5880 (2025)
Comp-implied: $532,500; 30 comparable sales

Estimated value, last 10 years

2016: $260,308 → 2025: $496,952

Based on 30 comparable sales

Address	Sold	Price
96 Eastern Ave	12/22/2025	$581,000
171 S Bridge St	12/8/2025	$450,000

Bordering

200-ft notice list →

21,31,41,51,61 W Brown St
Lot 10·$2,581,000
36 W Spring St
Lot 23·$243,800
46 W Spring St
Lot 25·$216,000

Block 105All of Block 105 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "40 W SPRING ST SOMERVILLE NJ 08876"
    ],
    "zipKeys": [
      "40 W SPRING ST 08876"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1818_105_24",
  "county_code": "18",
  "district_code": "18",
  "block": "105",
  "lot": "24",
  "qualifier": "",
  "property_location": "40 W Spring St",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": "2SF",
  "land_desc": "50X160",
  "year_built": 1930,
  "living_sqft": 1278,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "11720000",
  "improvement_value_cents": "11230000",
  "net_value_cents": "22950000",
  "last_yr_tx_cents": "936131",
  "deed_date": "2005-01-10",
  "deed_book": "05700",
  "deed_page": "02453",
  "sale_price_cents": "100",
  "sales_code": null,
  "owner_mailing_street": "40 W Spring St",
  "owner_mailing_city_state_zip": "Somerville, Nj 08876",
  "mun_name": "SOMERVILLE BORO",
  "calc_acre": "0.183700",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.61156921039351,
  "centroid_lat": 40.57560759002888
}

SR1A

[
  {
    "id": "cc0448ee-a8be-4865-a886-82f4b4aad0a7",
    "property_id": "30cbf765-5d40-4e7d-8475-e1df2b21ff78",
    "county_code": "18",
    "district_code": "18",
    "block": "105",
    "lot": "24",
    "qualifier": "",
    "deed_book": "5700",
    "deed_page": "2453",
    "deed_date": "2005-01-10",
    "date_recorded": "2005-01-10",
    "sale_price_cents": "10000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "c87b73f5-839a-4fac-b8a5-8841f62a9738",
    "property_id": "30cbf765-5d40-4e7d-8475-e1df2b21ff78",
    "county_code": "18",
    "district_code": "18",
    "block": "105",
    "lot": "24",
    "qualifier": "",
    "deed_book": "05700",
    "deed_page": "02453",
    "deed_date": "2005-01-10",
    "date_recorded": "2005-01-10",
    "sale_price_cents": "100",
    "sr1a_year": null,
    "source": "taxdatahub"
  }
]

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Frequently asked questions

When was 40 W Spring St, Somerville Boro, NJ last sold?: The most recent recorded sale was in 2005 for $100.
What is the assessed value of 40 W Spring St, Somerville Boro, NJ?: The total municipal assessment is $229,500 (land plus improvements).
What is 40 W Spring St, Somerville Boro, NJ worth?: Our model estimates a market value of $496,952, derived from comparable recorded sales nearby.
How many units does 40 W Spring St, Somerville Boro, NJ have?: Records show 1 dwelling unit at 40 W Spring St, Somerville Boro, NJ.
What kind of property is 40 W Spring St, Somerville Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1930.