When was 48 Third St, Somerville Boro, NJ last sold?

The most recent recorded sale was in 1995 for $94,990.

What is the assessed value of 48 Third St, Somerville Boro, NJ?

The total municipal assessment is $202,600 (land plus improvements).

What is 48 Third St, Somerville Boro, NJ worth?

Our model estimates a market value of $455,213, derived from comparable recorded sales nearby.

How many units does 48 Third St, Somerville Boro, NJ have?

Records show 1 dwelling unit at 48 Third St, Somerville Boro, NJ.

What kind of property is 48 Third St, Somerville Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1890.

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48 Third St, Somerville Boro, NJ — owner, sales, deeds · parceldata

48 Third St

Somerville Boro, NJ·Somerset County

1818·block 56·lot 14

$455,213estimated value

Last sale

$94,990

7/14/1995 · MOD-IV (Rutgers)

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1890

Building size

1,376 sq ft

Lot size

0.19 ac

Land description

56X150

Building description

2SF

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$202,600

Land value

$69,300

Improvement value

$133,300

Last year's tax

$8,264

Last MOD-IV sale

$950

MOD-IV deed date

7/14/1995

Owner mailing address

48 3Rd St
Somerville, Nj 08876

Estimated market value

$455,213

range $352,957 – $529,653

low confidence

Assessment-implied: $344,558; Director's Ratio 0.5880 (2025)
Comp-implied: $492,098; 30 comparable sales

Estimated value, last 10 years

2016: $238,445 → 2025: $455,213

Based on 30 comparable sales

Address	Sold	Price
385 E Main St	11/10/2025	$650,000
25 Vanderveer Ave	10/24/2025	$752,000

Bordering

200-ft notice list →

84-86 Center St
Lot 13·$227,300
44 Third St
Lot 15·$191,100

Block 56All of Block 56 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "48 3RD ST SOMERVILLE NJ 08876"
    ],
    "zipKeys": [
      "48 3RD ST 08876"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1818_56_14",
  "county_code": "18",
  "district_code": "18",
  "block": "56",
  "lot": "14",
  "qualifier": "",
  "property_location": "48 Third St",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": "2SF",
  "land_desc": "56X150",
  "year_built": 1890,
  "living_sqft": 1376,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "6930000",
  "improvement_value_cents": "13330000",
  "net_value_cents": "20260000",
  "last_yr_tx_cents": "826405",
  "deed_date": "1995-07-14",
  "deed_book": "02026",
  "deed_page": "00595",
  "sale_price_cents": "94990",
  "sales_code": null,
  "owner_mailing_street": "48 3Rd St",
  "owner_mailing_city_state_zip": "Somerville, Nj 08876",
  "mun_name": "SOMERVILLE BORO",
  "calc_acre": "0.192800",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.6110444343299,
  "centroid_lat": 40.562772429990616
}

SR1A

[
  {
    "id": "aa9f7a66-ba5a-4007-893a-0072fa716667",
    "property_id": "f0b637fd-113d-4055-a057-8b26ffceb7a4",
    "county_code": "18",
    "district_code": "18",
    "block": "56",
    "lot": "14",
    "qualifier": "",
    "deed_book": "2026",
    "deed_page": "595",
    "deed_date": "1995-07-14",
    "date_recorded": "1995-07-14",
    "sale_price_cents": "9499000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "34f9e00b-7413-4360-915b-325c932ed598",
    "property_id": "f0b637fd-113d-4055-a057-8b26ffceb7a4",
    "county_code": "18",
    "district_code": "18",
    "block": "56",
    "lot": "14",
    "qualifier": "",
    "deed_book": "02026",
    "deed_page": "00595",
    "deed_date": "1995-07-14",
    "date_recorded": "1995-07-14",
    "sale_price_cents": "94990",
    "sr1a_year": null,
    "source": "taxdatahub"
  }
]

API record·permalink

Frequently asked questions

When was 48 Third St, Somerville Boro, NJ last sold?: The most recent recorded sale was in 1995 for $94,990.
What is the assessed value of 48 Third St, Somerville Boro, NJ?: The total municipal assessment is $202,600 (land plus improvements).
What is 48 Third St, Somerville Boro, NJ worth?: Our model estimates a market value of $455,213, derived from comparable recorded sales nearby.
How many units does 48 Third St, Somerville Boro, NJ have?: Records show 1 dwelling unit at 48 Third St, Somerville Boro, NJ.
What kind of property is 48 Third St, Somerville Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1890.

Sales history

7/14/1995$94,990
MOD-IV (Rutgers)Bk 2026 / Pg 595
7/14/1995$950
TaxDataHubBk 02026 / Pg 00595

Date	Price	Book / Page	Source
7/14/1995	$94,990	2026 / 595	MOD-IV (Rutgers)
7/14/1995	$950	02026 / 00595	TaxDataHub