What is the assessed value of 48 Grant Ave, Somerville Boro, NJ?

The total municipal assessment is $353,500 (land plus improvements).

What is 48 Grant Ave, Somerville Boro, NJ worth?

Our model estimates a market value of $667,361, derived from comparable recorded sales nearby.

How many units does 48 Grant Ave, Somerville Boro, NJ have?

Records show 2 dwelling units at 48 Grant Ave, Somerville Boro, NJ.

What kind of property is 48 Grant Ave, Somerville Boro, NJ?

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

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48 Grant Ave, Somerville Boro, NJ — owner, sales, deeds · parceldata

48 Grant Ave

Somerville Boro, NJ·Somerset County

1818·block 39·lot 15

$667,361estimated value

Units

from MOD-IV (2-char max)

Last sale

—

10/1/2019 · SR1A 2020

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1930

Building size

2,367 sq ft

Lot size

0.30 ac

Land description

75X175

Building description

1.5SB 2G

Dwelling / commercial units

2 dw / 0 comm

Tax & Assessment

Net assessed value

$353,500

Land value

$145,100

Improvement value

$208,400

Last year's tax

$14,419

Last MOD-IV sale

MOD-IV deed date

9/27/2019

Owner mailing address

511 Statford Pl
Bound Brook, Nj 08805

Estimated market value

$667,361

range $590,942 – $774,071

high confidence

Assessment-implied: $601,190; Director's Ratio 0.5880 (2025)
Comp-implied: $689,417; 30 comparable sales

Estimated value, last 10 years

2016: $349,570 → 2025: $667,361

Bordering

200-ft notice list →

52 Grant Ave
Lot 14·$359,400
40 Grant Ave
Lot 16·$324,400
319 E Main St
Lot 7·$503,500
323 E Main St
Lot 8·$292,700
331 E Main St
Lot 9·$296,100

Block 39All of Block 39 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "511 STATFORD PL BOUND BROOK NJ 08805"
    ],
    "zipKeys": [
      "511 STATFORD PL 08805"
    ]
  },
  "effective_unit_count": 2,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1818_39_15",
  "county_code": "18",
  "district_code": "18",
  "block": "39",
  "lot": "15",
  "qualifier": "",
  "property_location": "48 Grant Ave",
  "property_class": "2",
  "bldg_class": "45",
  "bldg_desc": "1.5SB 2G",
  "land_desc": "75X175",
  "year_built": 1930,
  "living_sqft": 2367,
  "dwelling_units": 2,
  "comm_dwell": null,
  "land_value_cents": "14510000",
  "improvement_value_cents": "20840000",
  "net_value_cents": "35350000",
  "last_yr_tx_cents": "1441927",
  "deed_date": "2019-09-27",
  "deed_book": "07155",
  "deed_page": "01647",
  "sale_price_cents": "0",
  "sales_code": "A",
  "owner_mailing_street": "511 Statford Pl",
  "owner_mailing_city_state_zip": "Bound Brook, Nj 08805",
  "mun_name": "SOMERVILLE BORO",
  "calc_acre": "0.301300",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.59784769620113,
  "centroid_lat": 40.56629356858176
}

SR1A

[
  {
    "id": "1ae0503a-0ec1-47d4-a921-24cad4cf1d7d",
    "property_id": null,
    "county_code": "18",
    "district_code": "18",
    "block": "39",
    "lot": "15",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": "2019-09-27",
    "date_recorded": "2019-10-01",
    "sale_price_cents": null,
    "sr1a_year": 2020,
    "source": "sr1a"
  },
  {
    "id": "4eb73148-2fbc-45d1-9c0b-dbf64c15e225",
    "property_id": "c1e7a415-964c-4c67-a0e5-b5fb248e5d08",
    "county_code": "18",
    "district_code": "18",
    "block": "39",
    "lot": "15",
    "qualifier": "",
    "deed_book": "7155",
    "deed_page": "1647",
    "deed_date": "2019-09-27",
    "date_recorded": "2019-09-27",
    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "f17014df-a96e-414f-8ec1-b645d47adbd2",
    "property_id": "c1e7a415-964c-4c67-a0e5-b5fb248e5d08",
    "county_code": "18",
    "district_code": "18",
    "block": "39",
    "lot": "15",
    "qualifier": "",
    "deed_book": "07155",
    "deed_page": "01647",
    "deed_date": "2019-09-27",
    "date_recorded": "2019-09-27",
    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
  {
    "id": "c3e40092-f417-4b93-a552-a6310f28fa39",
    "property_id": "c1e7a415-964c-4c67-a0e5-b5fb248e5d08",
    "county_code": "18",
    "district_code": "18",
    "block": "39",
    "lot": "15",
    "qualifier": "",
    "deed_book": "6434",
    "deed_page": "3474",
    "deed_date": "2011-07-08",
    "date_recorded": "2011-07-08",
    "sale_price_cents": "30600000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "5778a126-85b3-4ea4-9693-272d896ae6b7",
    "property_id": "c1e7a415-964c-4c67-a0e5-b5fb248e5d08",
    "county_code": "18",
    "district_code": "18",
    "block": "39",
    "lot": "15",
    "qualifier": "",
    "deed_book": "1653",
    "deed_page": "487",
    "deed_date": "1987-09-24",
    "date_recorded": "1987-09-24",
    "sale_price_cents": "28250000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "87fbf18d-ca9b-4bc7-8941-11f966533222",
    "property_id": "c1e7a415-964c-4c67-a0e5-b5fb248e5d08",
    "county_code": "18",
    "district_code": "18",
    "block": "39",
    "lot": "15",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": null,
    "date_recorded": "1987-09-24",
    "sale_price_cents": "28250000",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
  {
    "id": "8f86cc73-d1a1-479d-981d-36fec282f013",
    "property_id": "c1e7a415-964c-4c67-a0e5-b5fb248e5d08",
    "county_code": "18",
    "district_code": "18",
    "block": "39",
    "lot": "15",
    "qualifier": "",
    "deed_book": null,
    "deed_page": null,
    "deed_date": null,
    "date_recorded": "1981-01-08",
    "sale_price_cents": "8000000",
    "sr1a_year": null,
    "source": "taxdatahub"
  }
]

API record·permalink

Frequently asked questions

What is the assessed value of 48 Grant Ave, Somerville Boro, NJ?: The total municipal assessment is $353,500 (land plus improvements).
What is 48 Grant Ave, Somerville Boro, NJ worth?: Our model estimates a market value of $667,361, derived from comparable recorded sales nearby.
How many units does 48 Grant Ave, Somerville Boro, NJ have?: Records show 2 dwelling units at 48 Grant Ave, Somerville Boro, NJ.
What kind of property is 48 Grant Ave, Somerville Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1930.

Address	Sold	Price
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54 Grove St	9/25/2025	$225,000
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25 N Doughty Ave	8/1/2025	$730,000
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261 Davenport St	7/8/2025	$589,000
183 W Cliff St	5/6/2025	$500,000
54 Prospect St	4/1/2025	$780,000
90-92 W Cliff St	2/21/2025	$500,000
5 Haynes St	2/18/2025	$651,000
185 W Cliff St	2/3/2025	$385,000
84 Southside Ave	1/2/2025	$635,000
41 Eastern Ave	12/18/2024	$502,000
285 Grove St	12/6/2024	$665,285
39 Codington Pl	12/2/2024	$529,000
187 S Bridge St	11/19/2024	$500,000
254 N Bridge St	11/6/2024	$615,000
108 N. Middaugh St	10/22/2024	$735,000
300 Grove St	10/11/2024	$528,000
52 Reimer St	9/20/2024	$570,000
283 E Main St	9/19/2024	$525,000
180 Union Ave	9/17/2024	$345,000
261 Davenport St	8/28/2024	$765,000
204 Davenport St	8/22/2024	$755,000
270 N Bridge St	8/14/2024	$329,000

Sales history

10/1/2019—
SR1A 2020
9/27/2019$0
MOD-IV (Rutgers)Bk 7155 / Pg 1647
9/27/2019$0
TaxDataHubBk 07155 / Pg 01647
7/8/2011$306,000
MOD-IV (Rutgers)Bk 6434 / Pg 3474
9/24/1987$282,500
MOD-IV (Rutgers)Bk 1653 / Pg 487
9/24/1987$282,500
TaxDataHub
1/8/1981$80,000
TaxDataHub

Date	Price	Book / Page	Source
10/1/2019	—	—	SR1A 2020
9/27/2019	$0	7155 / 1647	MOD-IV (Rutgers)
9/27/2019	$0	07155 / 01647	TaxDataHub
7/8/2011	$306,000	6434 / 3474	MOD-IV (Rutgers)
9/24/1987	$282,500	1653 / 487	MOD-IV (Rutgers)
9/24/1987	$282,500	—	TaxDataHub
1/8/1981	$80,000	—	TaxDataHub