142 Farrell St, Somerset, NJ 08873 Property Records

Somerset County and Franklin Township property record for 142 Farrell St, Somerset, NJ 08873

Property Summary

Property TypeSingle Family Home
Details1,884 sqft · built 1972
Lot Size0.367 acres (16,000 sqft)
Owner2 Individual Names on File
Last Sale$485,000 (Oct 2023)
Tax Bill$8,629 (2025)
Deeds & MortgagesOct 2023 Sale & Mortgage
Feb 2022 Mortgage
Flood ZoneZone X (minimal risk)
APN08-00345-0000-00037

Property Details

APN / Parcel Number

Primary APN08-00345-0000-00037
Alternative APN
  • 080034500037

Interior

Stories2 Stories
Building Area1,884 sqft Living Area

Exterior

Year BuiltBuilt 1972
Effective Year BuiltEffective 1972
Construction TypeFrame
Lot Area16,000 sqft (0.367 acres)
Lot Dimensions200 ft deep x 80 ft wide
Parking Spaces1 Parking Space

Location & Zoning

Street Address142 FARRELL ST
CitySOMERSET
StateNJ
Zip08873-2903
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeR15
Legal DescriptionADDITIONAL LOTS: L38
Legal SubdivisionNEW BRUNSWICK FARMS
Legal Block345
Legal Lot Number37
JurisdictionSOMERSET NJ
Township / Civil DivisionFRANKLIN
Census Block Group2
Census Block2003
Census Tract53103

Owner

142 Farrell St is owned and occupied by two individuals who bought it in October 2023.

Source: Somerset County and Franklin Township records, as of July 7, 2026

Owner of Record2 Individual Names on File
Mailing Address142 FARRELL ST, SOMERSET, NJ 08873-2903
OccupancyOwner Occupied
Owner TypeIndividual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Oct 24, 2023Deed, Transfer · FHA Mortgage
GUARANTEED RATE AFFINITY LLC
Feb 4, 2022Deed of Trust, Mortgage · Conventional Mortgage
LOANDEPOT.COM LLC

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleOct 24, 2023 · Amount on File
Deed SaleOct 24, 2023 · Amount on File
Deed Document Number202327876
Deed Book / Page7530 / 2728
Record UpdatedSep 20, 2026

October 2023: Deed, Transfer

Document TypeDeed
JurisdictionSOMERSET NJ
Recording DateOct 24, 2023
Property Address142 FARRELL ST, SOMERSET, NJ 08873-2903
Document Number0000027876
Book / Page7530 / 2728
Instrument DateOct 13, 2023
Instrument2023027876
Transaction TypeTransfer
Record UpdatedNov 3, 2023
Title CompanyLAND RUSH TITLE AGCY LLC, LAND RUSH TITLE AGENCY LLC

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$1,860.50
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name
Address12B MARTIN VAN BUREN DR, MONROE TOWNSHIP, NJ 08831-5467

Transferred To (Grantee/Buyer)

NameVerified Name
Address142 FARRELL ST, SOMERSET, NJ 08873-2903

Mortgage

Document Number0000027877
DateOct 24, 2023
Instrument2023027877
Lender
NameGUARANTEED RATE AFFINITY LLC
TypeMortgage Company
Agreement
TypeFHA Mortgage
AmountAmount on Record
Term361 Months
DueNov 1, 2053

February 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionSOMERSET NJ
Property Address142 FARRELL ST, SOMERSET, NJ 08873-2903
Transaction TypeMortgage
Record UpdatedFeb 16, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000005421
DateFeb 4, 2022
Book Page7422/2866
Instrument2022005421
Lender
NameLOANDEPOT.COM LLC
TypeMortgage Company
AddressFOOTHILL RANCH, CA 92610
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term180 Months
DueFeb 1, 2037

Tax Assessment & Valuation

The 2025 property tax bill for 142 Farrell St was $8,629, up 13.8% from the year before.

Source: Somerset County and Franklin Township assessment roll, as of July 7, 2026

Property Jurisdictions

TypeName
StateNew Jersey
CountySomerset County
County SubdivisionFranklin Township
Unified School DistrictFranklin Township School District (KG - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$490,000 (-) Land $256,100 Building $233,900$490,000 (-) Land $256,100 Building $233,900
2025$8,629.00 (+13.82%)$490,000 Land $256,100 Building $233,900$490,000 Land $256,100 Building $233,900
2024$7,581.00
2023$386,100 (+18.4%) Land $226,100 Building $160,000$386,100 (+18.4%) Land $226,100 Building $160,000
2022$6,428.00 (+1.23%) Veteran's exemption$326,100 Land $166,100 Building $160,000$326,100 Land $166,100 Building $160,000
2021$6,350.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 142 Farrell St in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 2013.

Source: FEMA National Flood Hazard Layer, effective September 3, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Claims1 (2013)
Claims Outside the SFHA1 of 1
Most Recent ClaimJun 2013 · other causes

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 142 Farrell St is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 95% of the US · lower than 87% of New Jersey
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemFRANKLIN TOWNSHIP DEPT OF PUBLIC WORKS
serves 57,150 people · EPA ID NJ1808001
Water SourcePurchased surface water from several systems
Last State InspectionSep 2024
Lead2 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureCorrosion control
Jul 2021
Monitoring and Reporting9
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 307 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Verizon
Fiber · Fixed Wireless in parts of the area
2,300 / 2,300
Xfinity
Cable
2,000 / 250
AT&T
Fixed Wireless
100 / 20

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