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    31 Schoolhouse Rd Somerset, NJ 08873-1212
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    Property profile & analytics

    31 Schoolhouse Rd, Somerset, NJ 08873-1212

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    • Industrial properties
    • 12,000 SF
    • 5.35 lot acres
    Off-Market
    Last Sale Jun 14, 2023
    $5,050,000
    Property ID
    US59-1059723
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $4,915,000
    Show details
    Cap Rate Potential
    3%
    Industrial properties
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 31 Schoolhouse Rd

    Construction
    BRICK
    Lot size
    5.35 lot acres
    Zone code
    M1
    Property type
    Industrial properties
    APN
    08 00517- 04-00021- 03
    APU
    800517040002103

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 27, 2025 — Bh 31 Schoolhouse Road LLC — Deed · related $13M · Preferred Bank
    Jun 14, 2023 $5,050,000 Bh 31 School House Road LLC Balogh Associates V LLC Deed —
    Oct 3, 2018 $1,400,000 Balogh Associates IV LLC Schoolhouse Road INC Grant Deed —
    Sep 22, 2016 $1,100,000 Schoolhouse Road INC E-r-d Bauer Partners Ltd Grant Deed $990k · E-r-d Bauer Partners Ltd

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $4,535,000
      ML approach
      $5,015,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Somerset
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.5514
    Latitude
    40.5297
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $48,912
    $1,800,000
    $600,000
    $2,400,000
    -
    $1,800,000
    $600,000
    $2,400,000
    More about this property
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