What is the assessed value of 5 Michael Lane, Somerville Boro, NJ?

The total municipal assessment is $260,300 (land plus improvements).

What is 5 Michael Lane, Somerville Boro, NJ worth?

Our model estimates a market value of $522,379, derived from comparable recorded sales nearby.

How many units does 5 Michael Lane, Somerville Boro, NJ have?

Records show 1 dwelling unit at 5 Michael Lane, Somerville Boro, NJ.

What kind of property is 5 Michael Lane, Somerville Boro, NJ?

MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1960.

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5 Michael Lane, Somerville Boro, NJ — owner, sales, deeds · parceldata

5 Michael Lane

Somerville Boro, NJ·Somerset County

1818·block 92.07·lot 13

$522,379estimated value

Last sale

10/19/1984 · MOD-IV (Rutgers)

1 other property share this owner's mailing address.View portfolio →

Property

Type

Residential 1-4 unit

Tax class

Residential 1-4 unit

Year built

1960

Building size

1,602 sq ft

Lot size

0.17 ac

Land description

70X106

Building description

1SF 2G

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$260,300

Land value

$127,100

Improvement value

$133,200

Last year's tax

$10,618

Last MOD-IV sale

MOD-IV deed date

10/19/1984

Owner mailing address

5 Michael Ln
Somerville, Nj 08876

Estimated market value

$522,379

range $481,160 – $618,026

moderate confidence

Assessment-implied: $442,687; Director's Ratio 0.5880 (2025)
Comp-implied: $548,943; 30 comparable sales

Estimated value, last 10 years

2016: $273,627 → 2025: $522,379

Based on 30 comparable sales

Address	Sold	Price
30 DE Mond Pl	12/18/2025	$575,000
385 E Main St	11/10/2025	$650,000

Bordering

200-ft notice list →

3 Michael Lane
Lot 12·$277,200
21 So Cadillac Dr
Lot 14·$278,100

Block 92.07All of Block 92.07 →

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": null,
  "siblingUnitCount": 0,
  "portfolioCount": 1,
  "portfolioKeys": {
    "fullKeys": [
      "5 MICHAEL LN SOMERVILLE NJ 08876"
    ],
    "zipKeys": [
      "5 MICHAEL LN 08876"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1818_92.07_13",
  "county_code": "18",
  "district_code": "18",
  "block": "92.07",
  "lot": "13",
  "qualifier": "",
  "property_location": "5 Michael Lane",
  "property_class": "2",
  "bldg_class": "17",
  "bldg_desc": "1SF 2G",
  "land_desc": "70X106",
  "year_built": 1960,
  "living_sqft": 1602,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "12710000",
  "improvement_value_cents": "13320000",
  "net_value_cents": "26030000",
  "last_yr_tx_cents": "1061764",
  "deed_date": "1984-10-19",
  "deed_book": "01529",
  "deed_page": "00453",
  "sale_price_cents": "0",
  "sales_code": null,
  "owner_mailing_street": "5 Michael Ln",
  "owner_mailing_city_state_zip": "Somerville, Nj 08876",
  "mun_name": "SOMERVILLE BORO",
  "calc_acre": "0.170300",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.60232714671517,
  "centroid_lat": 40.57605772647715
}

SR1A

[
  {
    "id": "f29bd672-2fb3-4dc5-a5c4-53c85d78d8cf",
    "property_id": "46ce58e9-8ad5-43a0-b88a-cad016bfac9c",
    "county_code": "18",
    "district_code": "18",
    "block": "92.07",
    "lot": "13",
    "qualifier": "",
    "deed_book": "1529",
    "deed_page": "453",
    "deed_date": "1984-10-19",
    "date_recorded": "1984-10-19",
    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "fdb106bf-fb36-4c4c-8e55-9f6db75c80f7",
    "property_id": "46ce58e9-8ad5-43a0-b88a-cad016bfac9c",
    "county_code": "18",
    "district_code": "18",
    "block": "92.07",
    "lot": "13",
    "qualifier": "",
    "deed_book": "01529",
    "deed_page": "00453",
    "deed_date": "1984-10-19",
    "date_recorded": "1984-10-19",
    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "taxdatahub"
  }
]

API record·permalink

Frequently asked questions

What is the assessed value of 5 Michael Lane, Somerville Boro, NJ?: The total municipal assessment is $260,300 (land plus improvements).
What is 5 Michael Lane, Somerville Boro, NJ worth?: Our model estimates a market value of $522,379, derived from comparable recorded sales nearby.
How many units does 5 Michael Lane, Somerville Boro, NJ have?: Records show 1 dwelling unit at 5 Michael Lane, Somerville Boro, NJ.
What kind of property is 5 Michael Lane, Somerville Boro, NJ?: MOD-IV classifies it as Residential 1-4 unit (class 2). Year built: 1960.

Date	Price	Book / Page	Source
10/19/1984	$0	1529 / 453	MOD-IV (Rutgers)
10/19/1984	$0	01529 / 00453	TaxDataHub