358 W Point Ave, Somerset, NJ 08873 Property Records

Somerset County and Franklin Township property record for 358 W Point Ave, Somerset, NJ 08873

Property Summary

Property Type	Single Family Home
Details	2,454 sqft · built 1980
Lot Size	0.367 acres (16,000 sqft)
Owner	2 Individual Names on File
Last Sale	$455,000 (Sep 2022)
Tax Bill	$9,282 (2025)
Deeds & Mortgages	Sep 2022 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`08-00349-01-00048-01`

Property Details

APN / Parcel Number

Primary APN	`08-00349-01-00048-01`
Alternative APN	`08003490001000480001`

Interior

Stories	2 Stories
Building Area	2,454 sqft Living Area

Exterior

Year Built	Built 1980
Effective Year Built	Effective 1980
Construction Type	Frame
Lot Area	16,000 sqft (0.367 acres)
Lot Dimensions	200 ft deep x 80 ft wide
Parking Spaces	1 Parking Space

Location & Zoning

Street Address	358 W POINT AVE
City	SOMERSET
State	NJ
Zip	08873-2913
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R15
Legal Subdivision	NEW BRUNSWICK FARMS
Legal Block	349.1
Legal Lot Number	48.1
Jurisdiction	SOMERSET NJ
Township / Civil Division	FRANKLIN
Census Block Group	1
Census Block	1028
Census Tract	53103

Owner

358 W Point Ave is owned and occupied by two individuals who bought it in September 2022.

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

Owner of Record	2 Individual Names on File
Mailing Address	358 W POINT AVE, SOMERSET, NJ 08873-2913
Occupancy	Owner Occupied
Owner Type	Individual

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

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Sep 21, 2022 · Amount on File
Deed Sale	Sep 21, 2022 · Amount on File
Deed Document Number	202239836
Deed Book / Page	7470 / 3273
Record Updated	Sep 20, 2026

September 2022: Deed, Transfer

Document Type	Deed
Jurisdiction	SOMERSET NJ
Recording Date	Sep 21, 2022
Property Address	358 W POINT AVE, SOMERSET, NJ 08873-2913
Document Number	0000039836
Book / Page	7470 / 3273
Instrument Date	Sep 14, 2022
Instrument	2022039836
Transaction Type	Transfer
Record Updated	May 1, 2024
Title Company	FIRST AMERICAN TITLE

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$1,731.50
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	7885 WOODMERE DR, HARRISBURG, NC 28075-6682

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	358 W POINT AVE, SOMERSET, NJ 08873-2913

Mortgage

Document Number	0000039837
Date	Sep 21, 2022
Book Page	7470/3279
Instrument	2022039837

Lender

Name	PARAMOUNT RESIDENTIAL MORTGAGE GROUP INC
Type	Mortgage Company
Address	CORONA, CA 92879

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	361 Months
Due	Oct 1, 2052

Tax Assessment & Valuation

The 2025 property tax bill for 358 W Point Ave was $9,282, up 15.4% from the year before.

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

Property Jurisdictions

Type	Name
State	New Jersey
County	Somerset County
County Subdivision	Franklin Township
Unified School District	Franklin Township School District (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$527,100 (-) Land $256,100 Building $271,000	$527,100 (-) Land $256,100 Building $271,000
2025	$9,282.00 (+15.45%)	$527,100 Land $256,100 Building $271,000	$527,100 Land $256,100 Building $271,000
2024	$8,040.00
2023		$411,300 Land $226,100 Building $185,200	$411,300 Land $226,100 Building $185,200
2022	$7,194.00

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

Flood

FEMA maps place 358 W Point Ave in Zone X, an area of minimal flood risk, though there have been 3 flood claims nearby since 2010.

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

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 6 (20% premium discount)
Nearby Flood Policies	5 in force
Nearby Flood Claims	3 (2010–2016)
Claims Outside the SFHA	3 of 3
Most Recent Claim	Feb 2016 · 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 358 W Point Ave 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 Risk	Low lower than 96% of the US · lower than 89% of New Jersey
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None 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 System	FRANKLIN TOWNSHIP DEPT OF PUBLIC WORKS serves 57,150 people · EPA ID NJ1808001
Water Source	Purchased surface water from several systems
Last State Inspection	Sep 2024
Lead	2 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	Corrosion control Jul 2021
Monitoring and Reporting	9 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

Provider	Max 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