When was 108-112 Veterans Mem Dr E, Somerville Boro, NJ last sold?

The most recent recorded sale was in 1985 for $185,000.

What is the assessed value of 108-112 Veterans Mem Dr E, Somerville Boro, NJ?

The total municipal assessment is $609,300 (land plus improvements).

What is 108-112 Veterans Mem Dr E, Somerville Boro, NJ worth?

Our model estimates a market value of $1,036,224, derived from comparable recorded sales nearby.

How many units does 108-112 Veterans Mem Dr E, Somerville Boro, NJ have?

Records show 1 dwelling unit at 108-112 Veterans Mem Dr E, Somerville Boro, NJ.

What kind of property is 108-112 Veterans Mem Dr E, Somerville Boro, NJ?

MOD-IV classifies it as Commercial (class 4A).

parceldata.nj

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108-112 Veterans Mem Dr E, Somerville Boro, NJ — owner, sales, deeds · parceldata

108-112 Veterans Mem Dr E

Somerville Boro, NJ·Somerset County

1818·block 58·lot 23

$1,036,224estimated value

Last sale

$185,000

2/8/1985 · MOD-IV (Rutgers)

Property

Type

Commercial

Tax class

Commercial

Year built

Building size

—

Lot size

2.06 ac

Land description

2.06 AC

Building description

1SCB

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$609,300

Land value

$253,100

Improvement value

$356,200

Last year's tax

$27,016

Last MOD-IV sale

$1,850

MOD-IV deed date

2/8/1985

Owner mailing address

112 Veterans Memorial Dr
Somerville, Nj 08876

Estimated market value

$1,036,224

range $880,791 – $1,191,658

moderate confidence

Assessment-implied: $1,036,224; Director's Ratio 0.5880 (2025)
Comparable sales: 2 (below threshold)

Estimated value, last 10 years

2016: $542,784 → 2025: $1,036,224

Based on 2 comparable sales

Address	Sold	Price
1062 Highway 22	5/22/2025	$2,147,250
21-29 Union Ave	11/22/2023	$3,525,000

Bordering

200-ft notice list →

Railroad
Lot 1
Vander Veer Pkwy
Lot 22·$207,500
Along Railroad
Lot 22.02·$19,800
106 Veterans Memorial D E
Lot 25·$92,400
45 Hamilton St
Lot 27·$52,200
49 Hamilton St
Lot 28·$47,500
55 Hamilton Street
Lot 29·

Block 58All of Block 58 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "112 VETERANS MEMORIAL DR SOMERVILLE NJ 08876"
    ],
    "zipKeys": [
      "112 VETERANS MEMORIAL DR 08876"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1818_58_23",
  "county_code": "18",
  "district_code": "18",
  "block": "58",
  "lot": "23",
  "qualifier": "",
  "property_location": "108-112 Veterans Mem Dr E",
  "property_class": "4A",
  "bldg_class": "10",
  "bldg_desc": "1SCB",
  "land_desc": "2.06 AC",
  "year_built": 0,
  "living_sqft": null,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "25310000",
  "improvement_value_cents": "35620000",
  "net_value_cents": "60930000",
  "last_yr_tx_cents": "2701637",
  "deed_date": "1985-02-08",
  "deed_book": "01531",
  "deed_page": "00014",
  "sale_price_cents": "185000",
  "sales_code": null,
  "owner_mailing_street": "112 Veterans Memorial Dr",
  "owner_mailing_city_state_zip": "Somerville, Nj 08876",
  "mun_name": "SOMERVILLE BORO",
  "calc_acre": "2.060000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": "999",
  "fac_name": null,
  "centroid_lon": -74.60687573244378,
  "centroid_lat": 40.564699931865846
}

SR1A

[
  {
    "id": "882e1707-6fc0-41ed-afc7-e09609af1a13",
    "property_id": "79174545-8379-4f53-89ee-53816d9ce286",
    "county_code": "18",
    "district_code": "18",
    "block": "58",
    "lot": "23",
    "qualifier": "",
    "deed_book": "1531",
    "deed_page": "14",
    "deed_date": "1985-02-08",
    "date_recorded": "1985-02-08",
    "sale_price_cents": "18500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "9aea3571-f784-442f-8abc-d438999d5456",
    "property_id": "79174545-8379-4f53-89ee-53816d9ce286",
    "county_code": "18",
    "district_code": "18",
    "block": "58",
    "lot": "23",
    "qualifier": "",
    "deed_book": "01531",
    "deed_page": "00014",
    "deed_date": "1985-02-08",
    "date_recorded": "1985-02-08",
    "sale_price_cents": "185000",
    "sr1a_year": null,
    "source": "taxdatahub"
  }
]

API record·permalink

Frequently asked questions

When was 108-112 Veterans Mem Dr E, Somerville Boro, NJ last sold?: The most recent recorded sale was in 1985 for $185,000.
What is the assessed value of 108-112 Veterans Mem Dr E, Somerville Boro, NJ?: The total municipal assessment is $609,300 (land plus improvements).
What is 108-112 Veterans Mem Dr E, Somerville Boro, NJ worth?: Our model estimates a market value of $1,036,224, derived from comparable recorded sales nearby.
How many units does 108-112 Veterans Mem Dr E, Somerville Boro, NJ have?: Records show 1 dwelling unit at 108-112 Veterans Mem Dr E, Somerville Boro, NJ.
What kind of property is 108-112 Veterans Mem Dr E, Somerville Boro, NJ?: MOD-IV classifies it as Commercial (class 4A).