When was 15 Spencer Street #194, Franklin, NJ last sold?

The most recent recorded sale was in 2018 for $265,000.

What is the assessed value of 15 Spencer Street #194, Franklin, NJ?

The total municipal assessment is $465,000 (land plus improvements).

What is 15 Spencer Street #194, Franklin, NJ worth?

Our model estimates a market value of $457,366, derived from comparable recorded sales nearby.

How many units does 15 Spencer Street #194, Franklin, NJ have?

Records show 1 dwelling unit at 15 Spencer Street #194, Franklin, NJ.

ElasticParcelNJ

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Building (273 units)

15 Spencer Street #194

Franklin, NJ·Somerset County

1808·block 37.02·lot 3.01·qual C0194

Estimated market value

$457,366

high confidence

range $406,199 – $519,998

Assessment-implied: $482,465; Director's Ratio 0.9638 (2025)
Comp-implied: $449,000; 30 comparable sales

Last sale

$265,000

11/30/2018 · MOD-IV (Rutgers)

Property

Type

Condo unit

Tax class

Residential 1-4 unit

Year built

2000

Building size

1,575 sq ft

Lot size

0.00 ac

Land description

COMMON ELEMENTS

Building description

—

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$465,000

Land value

$160,000

Improvement value

$305,000

Last year's tax

$8,031

Last MOD-IV sale

$2,650

MOD-IV deed date

11/30/2018

Owner

Patel, Amish

15 Spencer St
Somerset, NJ 08873

Sales history

11/30/2018$265,000
MOD-IV (Rutgers)Bk 7088 / Pg 1474
3/16/2011$270,000
MOD-IV (Rutgers)Bk 6420 / Pg 3308
8/18/2004$299,000
MOD-IV (Rutgers)Bk 5644 / Pg 3232
2/18/2000$133,990
MOD-IV (Rutgers)Bk 2283 / Pg 220

Date	Price	Book / Page	Source
11/30/2018	$265,000	7088 / 1474	MOD-IV (Rutgers)
3/16/2011	$270,000	6420 / 3308	MOD-IV (Rutgers)
8/18/2004	$299,000	5644 / 3232	MOD-IV (Rutgers)
2/18/2000	$133,990	2283 / 220

On Spencer Street

Block 37.02

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1808_37.02_3.01_C0194",
  "county_code": "18",
  "district_code": "08",
  "block": "37.02",
  "lot": "3.01",
  "qualifier": "C0194",
  "property_location": "15 Spencer St",
  "property_class": "2",
  "bldg_class": "39",
  "bldg_desc": null,
  "land_desc": "COMMON ELEMENTS",
  "year_built": 2000,
  "living_sqft": 1575,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "16000000",
  "improvement_value_cents": "30500000",
  "net_value_cents": "46500000",
  "last_yr_tx_cents": "803055",
  "deed_date": "2018-11-30",
  "deed_book": "07088",
  "deed_page": "01474",
  "sale_price_cents": "265000",
  "sales_code": "A",
  "owner_mailing_street": "15 Spencer St.",
  "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": -74.52917597570327,
  "centroid_lat": 40.452361300434454
}

SR1A

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  {
    "id": "157599a9-3adc-4701-a34d-161d0eeb4a22",
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    "county_code": "18",
    "district_code": "08",
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    "lot": "3.01",
    "qualifier": "C0194",
    "deed_book": "7088",
    "deed_page": "1474",
    "deed_date": "2018-11-30",
    "date_recorded": "2018-11-30",
    "sale_price_cents": "26500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
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    "district_code": "08",
    "block": "37.02",
    "lot": "3.01",
    "qualifier": "C0194",
    "deed_book": "07088",
    "deed_page": "01474",
    "deed_date": "2018-11-30",
    "date_recorded": "2018-11-30",
    "sale_price_cents": "265000",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
  {
    "id": "ff982221-4afd-4a2d-a3ae-3cc264515de4",
    "property_id": "a50654df-5f76-48b1-adbe-237426add1dc",
    "county_code": "18",
    "district_code": "08",
    "block": "37.02",
    "lot": "3.01",
    "qualifier": "C0194",
    "deed_book": null,
    "deed_page": null,
    "deed_date": null,
    "date_recorded": "2011-03-16",
    "sale_price_cents": "27000000",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
  {
    "id": "7f1ea919-498e-40c4-99e8-f64b808f2b82",
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    "district_code": "08",
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    "lot": "3.01",
    "qualifier": "C0194",
    "deed_book": "6420",
    "deed_page": "3308",
    "deed_date": "2011-03-16",
    "date_recorded": "2011-03-16",
    "sale_price_cents": "27000000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
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    "deed_book": null,
    "deed_page": null,
    "deed_date": null,
    "date_recorded": "2004-08-18",
    "sale_price_cents": "29900000",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
  {
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    "property_id": "a50654df-5f76-48b1-adbe-237426add1dc",
    "county_code": "18",
    "district_code": "08",
    "block": "37.02",
    "lot": "3.01",
    "qualifier": "C0194",
    "deed_book": "5644",
    "deed_page": "3232",
    "deed_date": "2004-08-18",
    "date_recorded": "2004-08-18",
    "sale_price_cents": "29900000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
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    "lot": "3.01",
    "qualifier": "C0194",
    "deed_book": "2283",
    "deed_page": "220",
    "deed_date": "2000-02-18",
    "date_recorded": "2000-02-18",
    "sale_price_cents": "13399000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
    "id": "e6b5c2b2-7522-4d97-b406-ae89638e761c",
    "property_id": "a50654df-5f76-48b1-adbe-237426add1dc",
    "county_code": "18",
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    "block": "37.02",
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    "date_recorded": "2000-02-18",
    "sale_price_cents": "13399000",
    "sr1a_year": null,
    "source": "taxdatahub"
  }
]

API record·permalink

Frequently asked

When was 15 Spencer Street #194, Franklin, NJ last sold?: The most recent recorded sale was in 2018 for $265,000.
What is the assessed value of 15 Spencer Street #194, Franklin, NJ?: The total municipal assessment is $465,000 (land plus improvements).
What is 15 Spencer Street #194, Franklin, NJ worth?: Our model estimates a market value of $457,366, derived from comparable recorded sales nearby.
How many units does 15 Spencer Street #194, Franklin, NJ have?: Records show 1 dwelling unit at 15 Spencer Street #194, Franklin, NJ.
What kind of property is 15 Spencer Street #194, Franklin, NJ?: It is a Residential Property.

Loading parcel record…

15 Spencer St

15 Spencer Street #194, Franklin, NJ — owner, sales, deeds · ElasticParcel

Building (273 units)

15 Spencer Street #194

Franklin, NJ·Somerset County

1808·block 37.02·lot 3.01·qual C0194

Estimated market value

$457,366

high confidence

range $406,199 – $519,998

Assessment-implied: $482,465; Director's Ratio 0.9638 (2025)
Comp-implied: $449,000; 30 comparable sales

Last sale

$265,000

11/30/2018 · MOD-IV (Rutgers)

Property

Type

Condo unit

Tax class

Residential 1-4 unit

Year built

2000

Building size

1,575 sq ft

Lot size

0.00 ac

Land description

COMMON ELEMENTS

Building description

—

Dwelling / commercial units

1 dw / 0 comm

Tax & Assessment

Net assessed value

$465,000

Land value

$160,000

Improvement value

$305,000

Last year's tax

$8,031

Last MOD-IV sale

$2,650

MOD-IV deed date

11/30/2018

Owner

Patel, Amish

15 Spencer St
Somerset, NJ 08873

Sales history

11/30/2018$265,000
MOD-IV (Rutgers)Bk 7088 / Pg 1474
3/16/2011$270,000
MOD-IV (Rutgers)Bk 6420 / Pg 3308
8/18/2004$299,000
MOD-IV (Rutgers)Bk 5644 / Pg 3232
2/18/2000$133,990
MOD-IV (Rutgers)Bk 2283 / Pg 220

Date	Price	Book / Page	Source
11/30/2018	$265,000	7088 / 1474	MOD-IV (Rutgers)
3/16/2011	$270,000	6420 / 3308	MOD-IV (Rutgers)
8/18/2004	$299,000	5644 / 3232	MOD-IV (Rutgers)
2/18/2000	$133,990	2283 / 220

On Spencer Street

Block 37.02

Debug — raw data per source

Computed

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

MOD-IV

{
  "pams_pin": "1808_37.02_3.01_C0194",
  "county_code": "18",
  "district_code": "08",
  "block": "37.02",
  "lot": "3.01",
  "qualifier": "C0194",
  "property_location": "15 Spencer St",
  "property_class": "2",
  "bldg_class": "39",
  "bldg_desc": null,
  "land_desc": "COMMON ELEMENTS",
  "year_built": 2000,
  "living_sqft": 1575,
  "dwelling_units": 1,
  "comm_dwell": null,
  "land_value_cents": "16000000",
  "improvement_value_cents": "30500000",
  "net_value_cents": "46500000",
  "last_yr_tx_cents": "803055",
  "deed_date": "2018-11-30",
  "deed_book": "07088",
  "deed_page": "01474",
  "sale_price_cents": "265000",
  "sales_code": "A",
  "owner_mailing_street": "15 Spencer St.",
  "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": -74.52917597570327,
  "centroid_lat": 40.452361300434454
}

SR1A

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  {
    "id": "157599a9-3adc-4701-a34d-161d0eeb4a22",
    "property_id": "a50654df-5f76-48b1-adbe-237426add1dc",
    "county_code": "18",
    "district_code": "08",
    "block": "37.02",
    "lot": "3.01",
    "qualifier": "C0194",
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    "deed_page": "1474",
    "deed_date": "2018-11-30",
    "date_recorded": "2018-11-30",
    "sale_price_cents": "26500000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
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    "source": "taxdatahub"
  },
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    "deed_book": null,
    "deed_page": null,
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    "date_recorded": "2011-03-16",
    "sale_price_cents": "27000000",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
  {
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    "district_code": "08",
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    "deed_date": "2011-03-16",
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    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
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    "sale_price_cents": "29900000",
    "sr1a_year": null,
    "source": "taxdatahub"
  },
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    "sale_price_cents": "29900000",
    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
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    "sr1a_year": null,
    "source": "modiv_rutgers"
  },
  {
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    "sale_price_cents": "13399000",
    "sr1a_year": null,
    "source": "taxdatahub"
  }
]

API record·permalink

Frequently asked

When was 15 Spencer Street #194, Franklin, NJ last sold?: The most recent recorded sale was in 2018 for $265,000.
What is the assessed value of 15 Spencer Street #194, Franklin, NJ?: The total municipal assessment is $465,000 (land plus improvements).
What is 15 Spencer Street #194, Franklin, NJ worth?: Our model estimates a market value of $457,366, derived from comparable recorded sales nearby.
How many units does 15 Spencer Street #194, Franklin, NJ have?: Records show 1 dwelling unit at 15 Spencer Street #194, Franklin, NJ.
What kind of property is 15 Spencer Street #194, 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

Estimated market value

Property

Tax & Assessment

Sales history

Frequently asked

Estimated market value

Property

Tax & Assessment

Sales history

Frequently asked

Deeds