What is the assessed value of 57 Sherborne Street #88, Franklin, NJ?

The total municipal assessment is $455,700 (land plus improvements).

What is 57 Sherborne Street #88, Franklin, NJ worth?

Our model estimates a market value of $454,954, derived from comparable recorded sales nearby.

How many units does 57 Sherborne Street #88, Franklin, NJ have?

Records show 1 dwelling unit at 57 Sherborne Street #88, Franklin, NJ.

ElasticParcelNJ

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Building (273 units)

57 Sherborne Street #88

Franklin, NJ·Somerset County

1808·block 37.02·lot 3.01·qual C0088

Estimated market value

$454,954

high confidence

range $404,148 – $517,224

Assessment-implied: $472,816; Director's Ratio 0.9638 (2025)
Comp-implied: $449,000; 30 comparable sales

Last sale

3/15/2021 · TaxDataHub

Property

Type

Condo unit

Tax class

Residential 1-4 unit

Year built

1997

Building size

1,575 sq ft

Lot size

0.00 ac

Land description

COMMON ELEMENTS

Building description

2S 1C TWNHME

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$455,700

Land value

$160,000

Improvement value

$295,700

Last year's tax

$7,870

Last MOD-IV sale

MOD-IV deed date

3/15/2021

Owner

Ponnusamy, Elango&Jayaraman, Kaviya

57 Sherborne Street
Somerset, NJ 08873

Sales history

3/15/2021$0
MOD-IV (Rutgers)Bk 7322 / Pg 2551
12/6/2017$275,000
MOD-IV (Rutgers)Bk 7010 / Pg 2395
6/30/2014$255,000
MOD-IV (Rutgers)Bk 6732 / Pg 1792
8/3/2007$0
MOD-IV (Rutgers)Bk 6054 / Pg 1878
5/18/2006$340,000
MOD-IV (Rutgers)Bk 5897 / Pg 3708
1/30/2004$274,957
MOD-IV (Rutgers)Bk 5540 / Pg 1057
12/16/2002$255,000
MOD-IV (Rutgers)Bk 5270 / Pg 1482
7/1/1997$123,990

On Sherborne Street

Block 37.02

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": {
    "masterExists": true,
    "siblingCount": 273
  },
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "57 SHERBORNE ST SOMERSET NJ 08873"
    ],
    "zipKeys": [
      "57 SHERBORNE ST 08873"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1808_37.02_3.01_C0088",
  "county_code": "18",
  "district_code": "08",
  "block": "37.02",
  "lot": "3.01",
  "qualifier": "C0088",
  "property_location": "57 Sherborne St",
  "property_class": "2",
  "bldg_class": "39",
  "bldg_desc": "2S 1C TWNHME",
  "land_desc": "COMMON ELEMENTS",
  "year_built": 1997,
  "living_sqft": 1575,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "16000000",
  "improvement_value_cents": "29570000",
  "net_value_cents": "45570000",
  "last_yr_tx_cents": "786994",
  "deed_date": "2021-03-15",
  "deed_book": "07322",
  "deed_page": "02551",
  "sale_price_cents": "0",
  "sales_code": "A",
  "owner_mailing_street": "57 Sherborne Street",
  "owner_mailing_city_state_zip": "Somerset, Nj 08873",
  "mun_name": "FRANKLIN TWP",
  "calc_acre": "0.000000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.52726737667408,
  "centroid_lat": 40.451762956712585
}

SR1A

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    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "taxdatahub"
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    "sale_price_cents": "0",
    "sr1a_year": null,
    "source": "modiv_rutgers"
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]

API record·permalink

Frequently asked

What is the assessed value of 57 Sherborne Street #88, Franklin, NJ?: The total municipal assessment is $455,700 (land plus improvements).
What is 57 Sherborne Street #88, Franklin, NJ worth?: Our model estimates a market value of $454,954, derived from comparable recorded sales nearby.
How many units does 57 Sherborne Street #88, Franklin, NJ have?: Records show 1 dwelling unit at 57 Sherborne Street #88, Franklin, NJ.
What kind of property is 57 Sherborne Street #88, Franklin, NJ?: It is a Residential Property.

Loading parcel record…

57 Sherborne St

57 Sherborne Street #88, Franklin, NJ — owner, sales, deeds · ElasticParcel

Building (273 units)

57 Sherborne Street #88

Franklin, NJ·Somerset County

1808·block 37.02·lot 3.01·qual C0088

Estimated market value

$454,954

high confidence

range $404,148 – $517,224

Assessment-implied: $472,816; Director's Ratio 0.9638 (2025)
Comp-implied: $449,000; 30 comparable sales

Last sale

3/15/2021 · TaxDataHub

Property

Type

Condo unit

Tax class

Residential 1-4 unit

Year built

1997

Building size

1,575 sq ft

Lot size

0.00 ac

Land description

COMMON ELEMENTS

Building description

2S 1C TWNHME

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$455,700

Land value

$160,000

Improvement value

$295,700

Last year's tax

$7,870

Last MOD-IV sale

MOD-IV deed date

3/15/2021

Owner

Ponnusamy, Elango&Jayaraman, Kaviya

57 Sherborne Street
Somerset, NJ 08873

Sales history

3/15/2021$0
MOD-IV (Rutgers)Bk 7322 / Pg 2551
12/6/2017$275,000
MOD-IV (Rutgers)Bk 7010 / Pg 2395
6/30/2014$255,000
MOD-IV (Rutgers)Bk 6732 / Pg 1792
8/3/2007$0
MOD-IV (Rutgers)Bk 6054 / Pg 1878
5/18/2006$340,000
MOD-IV (Rutgers)Bk 5897 / Pg 3708
1/30/2004$274,957
MOD-IV (Rutgers)Bk 5540 / Pg 1057
12/16/2002$255,000
MOD-IV (Rutgers)Bk 5270 / Pg 1482
7/1/1997$123,990

On Sherborne Street

Block 37.02

Debug — raw data per source

Computed

{
  "isCondoMaster": false,
  "condoCluster": {
    "masterExists": true,
    "siblingCount": 273
  },
  "siblingUnitCount": 0,
  "portfolioCount": 0,
  "portfolioKeys": {
    "fullKeys": [
      "57 SHERBORNE ST SOMERSET NJ 08873"
    ],
    "zipKeys": [
      "57 SHERBORNE ST 08873"
    ]
  },
  "effective_unit_count": 1,
  "effective_unit_count_source": "MOD-IV"
}

MOD-IV

{
  "pams_pin": "1808_37.02_3.01_C0088",
  "county_code": "18",
  "district_code": "08",
  "block": "37.02",
  "lot": "3.01",
  "qualifier": "C0088",
  "property_location": "57 Sherborne St",
  "property_class": "2",
  "bldg_class": "39",
  "bldg_desc": "2S 1C TWNHME",
  "land_desc": "COMMON ELEMENTS",
  "year_built": 1997,
  "living_sqft": 1575,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "16000000",
  "improvement_value_cents": "29570000",
  "net_value_cents": "45570000",
  "last_yr_tx_cents": "786994",
  "deed_date": "2021-03-15",
  "deed_book": "07322",
  "deed_page": "02551",
  "sale_price_cents": "0",
  "sales_code": "A",
  "owner_mailing_street": "57 Sherborne Street",
  "owner_mailing_city_state_zip": "Somerset, Nj 08873",
  "mun_name": "FRANKLIN TWP",
  "calc_acre": "0.000000",
  "add_lots1": null,
  "add_lots2": null,
  "prop_use": null,
  "fac_name": null,
  "centroid_lon": -74.52726737667408,
  "centroid_lat": 40.451762956712585
}

SR1A

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    "county_code": "18",
    "district_code": "08",
    "block": "37.02",
    "lot": "3.01",
    "qualifier": "C0088",
    "deed_book": null,
    "deed_page": null,
    "deed_date": null,
    "date_recorded": "2002-12-16",
    "sale_price_cents": "25500000",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
  {
    "id": "47cffa61-91f0-46e5-b337-bac41e4a48e8",
    "property_id": "403f66cc-0416-4ea1-88c8-4d7c692d782b",
    "county_code": "18",
    "district_code": "08",
    "block": "37.02",
    "lot": "3.01",
    "qualifier": "C0088",
    "deed_book": "5270",
    "deed_page": "1482",
    "deed_date": "2002-12-16",
    "date_recorded": "2002-12-16",
    "sale_price_cents": "25500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "25733b60-5c68-4ce9-8fc1-af019aaa9ae3",
    "property_id": "403f66cc-0416-4ea1-88c8-4d7c692d782b",
    "county_code": "18",
    "district_code": "08",
    "block": "37.02",
    "lot": "3.01",
    "qualifier": "C0088",
    "deed_book": null,
    "deed_page": null,
    "deed_date": null,
    "date_recorded": "1997-07-01",
    "sale_price_cents": "12399000",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
  {
    "id": "694250a5-00d6-4aa4-bad9-f877cba8d3c1",
    "property_id": "403f66cc-0416-4ea1-88c8-4d7c692d782b",
    "county_code": "18",
    "district_code": "08",
    "block": "37.02",
    "lot": "3.01",
    "qualifier": "C0088",
    "deed_book": "2120",
    "deed_page": "256",
    "deed_date": "1997-07-01",
    "date_recorded": "1997-07-01",
    "sale_price_cents": "12399000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  }
]

API record·permalink

Frequently asked

What is the assessed value of 57 Sherborne Street #88, Franklin, NJ?: The total municipal assessment is $455,700 (land plus improvements).
What is 57 Sherborne Street #88, Franklin, NJ worth?: Our model estimates a market value of $454,954, derived from comparable recorded sales nearby.
How many units does 57 Sherborne Street #88, Franklin, NJ have?: Records show 1 dwelling unit at 57 Sherborne Street #88, Franklin, NJ.
What kind of property is 57 Sherborne Street #88, Franklin, NJ?: It is a Residential Property.

Based on 30 comparable sales

Address	Sold	Price
33 Sherborne St	1/12/2026	$404,900
9 Ashley CT	4/29/2025	$510,000
114 Wycombe Pl	3/7/2025	$290,000
35 Amethyst Way	2/26/2025	$168,000
201 Columbus Dr	2/26/2025	$372,000
173 Gregory La	1/30/2025	$270,000
78 Arthur Glick Blvd	12/23/2024	$355,000
9 Kirby La	12/20/2024	$400,000
67 Oswestry Way	12/16/2024	$350,000
26 Talbot St	12/13/2024	$449,000
214 Amethyst Way	12/13/2024	$575,000
265 Kingsberry Dr	12/6/2024	$390,000
116 Amethyst Way	12/6/2024	$380,000
3 Lyon La	12/2/2024	$400,000
10 Talbot St	11/25/2024	$513,000
6 Dina La	11/22/2024	$575,000
8 Mindy Dr	11/22/2024	$526,313
58 Edward Dr	11/22/2024	$370,000
101 Kingsberry Dr	11/22/2024	$410,000
196 Columbus Dr	11/19/2024	$547,000
15 Woodhill St	11/15/2024	$472,000
52 Crabapple La	11/15/2024	$295,000
6 Bethany CT	11/13/2024	$349,000
40 Victoria Dr	11/12/2024	$531,000
193 Kingsberry Dr	11/11/2024	$460,000
188 Kingsberry Dr	11/8/2024	$460,000
96 Kingsberry Dr	11/6/2024	$490,000
2 Sherborne St	11/6/2024	$455,000
80 Oswestry Way	11/5/2024	$340,000
88 Gregory La	10/29/2024	$226,401

Date	Price	Book / Page	Source
3/15/2021	$0	7322 / 2551	MOD-IV (Rutgers)
12/6/2017	$275,000	7010 / 2395	MOD-IV (Rutgers)
6/30/2014	$255,000	6732 / 1792	MOD-IV (Rutgers)
8/3/2007	$0	6054 / 1878	MOD-IV (Rutgers)
5/18/2006	$340,000	5897 / 3708	MOD-IV (Rutgers)
1/30/2004	$274,957	5540 / 1057	MOD-IV (Rutgers)
12/16/2002	$255,000	5270 / 1482	MOD-IV (Rutgers)
7/1/1997	$123,990	2120 / 256	MOD-IV (Rutgers)

Estimated market value

Property

Tax & Assessment

Sales history

Frequently asked

Estimated market value

Property

Tax & Assessment

Sales history

Frequently asked

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