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361 W Point Ave, Somerset, NJ 08873 Property Records

Somerset County and Franklin Township property record for 361 W Point Ave, Somerset, NJ 08873

Property Summary

Property TypeSingle Family Home
Details2,717 sqft · built 2023
Lot Size0.367 acres (16,000 sqft)
Owner2 Individual Names on File
Last Sale$610,000 (Mar 2024)
Tax Bill$14,181 (2025)
Deeds & MortgagesMar 2024 Sale & Mortgage
Oct 2017 Sale
Flood ZoneZone X (minimal risk)
APN08-00344-0000-00024-01

Property Details

APN / Parcel Number

Primary APN08-00344-0000-00024-01
Alternative APNs
  • 08003440000000240001
  • 0800344000000024

Interior

Building Area2,717 sqft Living Area

Exterior

Year BuiltBuilt 2023
Effective Year BuiltEffective 2023
Lot Area16,000 sqft (0.367 acres)
Lot Dimensions200 ft deep x 80 ft wide

Location & Zoning

Old Parcel Number0800344000000024
Street Address361 W POINT AVE
CitySOMERSET
StateNJ
Zip08873-2941
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeR15
Legal SubdivisionTOWNSHIP/FRANKLIN
Legal Block344
Legal Lot Number24.1
JurisdictionSOMERSET NJ
Township / Civil DivisionFRANKLIN
Census Block Group2
Census Block2002
Census Tract53103

Owner

361 W Point Ave is owned and occupied by two individuals who bought it in March 2024.

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

Owner of Record2 Individual Names on File
Mailing Address361 W POINT AVE, SOMERSET, NJ 08873-2941
OccupancyOwner Occupied
Owner TypeIndividual
VestingHusband and Wife

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
Mar 21, 2024Deed, Transfer · Conventional Mortgage
TD BANK NA
Oct 10, 2017Grant Deed, Transfer
CHICAGO TITLE COMPANY

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleMar 21, 2024 · Amount on File
Deed SaleMar 21, 2024 · Amount on File
Prior SaleOct 10, 2017 · Amount on File
Deed Document Number20246856
Deed Book / Page7549 / 2777
Prior Transfer DateDec 10, 2007
Prior Transfer Doc0000036668
Record UpdatedOct 29, 2026

March 2024: Deed, Transfer

Document TypeDeed
JurisdictionSOMERSET NJ
Recording DateMar 21, 2024
Property Address361 W POINT AVE, SOMERSET, NJ 08873-2941
Document Number0000006856
Book / Page7549 / 2777
Instrument DateMar 18, 2024
Instrument2024006856
Transaction TypeTransfer
Record UpdatedOct 20, 2025
Title CompanyHUDSON UNITED TITLE SERVICES LLC, HUDSON UNITED TITLE SVCS LLC

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$5,291.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address74 OAKES RD, LITTLE SILVER, NJ 07739-1649

Transferred To (Grantee/Buyer)

NameVerified Name
Address361 W POINT AVE, SOMERSET, NJ 08873-2941

Mortgage

Document Number0000006857
DateMar 21, 2024
Instrument2024006857
Lender
NameTD BANK NA
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term361 Months
DueApr 1, 2054
Interest
Rate TypeAdjustable Rate
Rate6.62%
Type Change DateApr 1, 2029
Change Frequency6 Months
Min Rate At Change4.62%
Max Rate At Change8.62%
IndexSOFR Average 30-Day
Margin3
Max Rate11.6%

October 2017: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionSOMERSET NJ
Recording DateOct 10, 2017
Property Address361 W POINT AVE, SOMERSET, NJ 08873
Document Number0000040715
Book / Page006995 / 003081
Instrument DateSep 30, 2017
Instrument40715
Transaction TypeTransfer
Record UpdatedNov 22, 2017
Title CompanyCHICAGO TITLE COMPANY

Transaction

AmountAmount on Record
Tax$85.00
Amount AccuracyConfirmed
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address54 HARTE PL PISCATAWAY NJ 088542840, PISCATAWAY, NJ 08854-2840

Tax Assessment & Valuation

The 2025 property tax bill for 361 W Point Ave was $14,181, up 22.4% 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$805,300 (-) Land $256,100 Building $549,200$805,300 (-) Land $256,100 Building $549,200
2025$14,181.00 (+22.44%)$805,300 Land $256,100 Building $549,200$805,300 Land $256,100 Building $549,200
2024$11,582.00
2023$266,100 Land $226,100 Building $40,000$266,100 Land $226,100 Building $40,000
2022$3,811.00

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 361 W Point Ave 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 361 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 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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