Off market mar 2019 for $355K

$689,763

Est. refi paymentEst. refi $2,619/mo

—

•

— ba

•

1,903

sq ft

7 Drake Rd, Somerset, NJ 08873

About this home

7 Drake Rd is a 1,903 square foot house on a 0.32 acre lot. - it last sold on March 18, 2019 for $355,000. Based on Redfin's Somerset data, we estimate the home's value is $689,763.

Single-familyProperty Type

1963Year Built

0.32 acresLot Size

$362Est. Price/Sq.Ft.

Listed by JANE HANNE EID • RE/MAX FIRST REALTY

Bought with JANE HANNE EID • RE/MAX FIRST REALTY

Source:GSMLS #3132694

Redfin Estimate

$689,763

$335K since sold in March 2019$3,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 14.7% higher than the average sale price ($601K) of 6 comparable homes.

SOLD APR 2, 2026
$732,000
A
4 beds2.5 baths— sq ft
23 Newkirk Rd, Somerset, NJ 08873-1711
SOLD APR 22, 2026
$560,000
B
4 beds2.5 baths— sq ft
9 Atlantic Rd, Somerset, NJ 08873-1701
SOLD FEB 4, 2026
10 Continental Rd, Somerset, NJ 08873-1706
$590,000
C
4 beds2.5 baths— sq ft
10 Continental Rd, Somerset, NJ 08873-1706
SOLD SEP 28, 2026
$590,000
D
4 beds2.5 baths2,080 sq ft
5 Cortland Dr, Somerset, NJ 08873
SOLD FEB 27, 2026
$565,000
E
4 beds2.5 baths— sq ft
19 Winston Dr, Somerset, NJ 08873-2315
SOLD JUN 19, 2026
13 Summerall Rd, Somerset, NJ 08873-2209
$570,000
F
4 beds2.5 baths— sq ft
13 Summerall Rd, Somerset, NJ 08873-2209

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Earn from this home

Sell

$408,086

Est. take-home

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Refinance

Est. cash available

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Rent

$2,945/mo

Redfin rental estimate

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Market trends in 08873, NJ

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

101.5%

0.1% MoM

Median sale price

$530K

$5K MoM

Avg. days on market

26d

1 days MoM

Recently sold homes

146

4 MoM

New listings for sale

$445,000
2 beds2 baths— sq ft
418 Hawkshead Way, Somerset, NJ 08873-4968
NEW 28 HRS AGO
$480,000
3 beds1 bath— sq ft
28 Newport Ave, Somerset, NJ 08873-3210
COMING SOON
$645,000
4 beds2.5 baths1,960 sq ft
35 Patton Dr, Somerset, NJ 08873
$425,000
2 beds2.5 baths— sq ft
24 Alerica Ln #24, Somerset, NJ 08873-5129
OPEN OCT 17, 1PM TO 3PM
$575,000
3 beds2 baths— sq ft
129 Irvington Ave, Somerset, NJ 08873-2420
$624,900
4 beds2 baths1,500 sq ft
12 Norfolk Rd, Somerset, NJ 08873
SHORT SALE
$350,000
4 beds2.5 baths1,942 sq ft
168 Matilda Ave, Somerset, NJ 08873
(609) 459-5100
3D WALKTHROUGH
$599,900
3 beds2 baths— sq ft
58 Arden St, Somerset, NJ 08873-3018
3D WALKTHROUGH
$415,000
2 beds2 baths— sq ft
29 Avebury Pl, Somerset, NJ 08873-4721
$559,900
3 beds2.5 baths1,834 sq ft
50 Gallop Ln, Somerset, NJ 08873
See all

Provided by Redfin

Sale history for 7 Drake Rd

Year

Property tax

Land + Additions

Assessment*

2025

$10,610 (+13.1%)

$345,100 + $277,400

$622,500

2024

$9,381 (+0.3%)

$325,100 + $277,400

$602,500

2023

$9,357 (+3.3%)

$325,100 + $189,800

$514,900

2022

$9,058 (+9.6%)

$292,500 + $189,800

$482,300

2021

$8,265 (+0.2%)

$252,500 + $189,800

$442,300

2020

$8,252 (+6.1%)

$182,500 + $188,300

$370,800

2019

$7,779 (+3.6%)

$172,500 + $188,300

$360,800

2018

$7,508 (+4.5%)

$162,500 + $173,100

$335,600

2017

$7,185 (+2.5%)

$147,500 + $173,100

$320,600

2016

$7,008 (+9.6%)

$132,500 + $173,100

$305,600

2014

$6,393 (+5.2%)

$107,500 + $173,100

$280,600

2013

$6,077 (−7.9%)

$102,500 + $173,100

$275,600

2011

$6,601 (+4.8%)

$122,500 + $173,100

$295,600

2010

$6,300 (−3.0%)

$137,500 + $173,300

$310,800

2009

$6,494

$137,500 + $173,300

$310,800

Tax history for 7 Drake Rd

Year

Property tax

Land + Additions

Assessment*

2025

$10,610 (+13.1%)

$345,100 + $277,400

$622,500

2024

$9,381 (+0.3%)

$325,100 + $277,400

$602,500

2023

$9,357 (+3.3%)

$325,100 + $189,800

$514,900

2022

$9,058 (+9.6%)

$292,500 + $189,800

$482,300

2021

$8,265 (+0.2%)

$252,500 + $189,800

$442,300

2020

$8,252 (+6.1%)

$182,500 + $188,300

$370,800

2019

$7,779 (+3.6%)

$172,500 + $188,300

$360,800

2018

$7,508 (+4.5%)

$162,500 + $173,100

$335,600

2017

$7,185 (+2.5%)

$147,500 + $173,100

$320,600

2016

$7,008 (+9.6%)

$132,500 + $173,100

$305,600

2014

$6,393 (+5.2%)

$107,500 + $173,100

$280,600

2013

$6,077 (−7.9%)

$102,500 + $173,100

$275,600

2011

$6,601 (+4.8%)

$122,500 + $173,100

$295,600

2010

$6,300 (−3.0%)

$137,500 + $173,300

$310,800

2009

$6,494

$137,500 + $173,300

$310,800

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

R-10

Single-Family Residential District

The purpose of the R-10 District is to provide for the continuance of single-family residential development on lots of 10,000 sq ft.

Permitted uses

Include but are not limited to:

Housing-Single unit

Property details

Exterior

Exterior Information
Construction Type: Frame
Exterior Wall: Frame

Property Information
Subdivision Name: FOXWOOD SEC 3
Living Sq. Ft: 1,903
# of Stories: 1

Parking & Garage Information
# of Parking Spaces: 2

Lot Information
# of Buildings: 1
Land Sq. Ft: 14,000
Legal Lot Number: 14
Legal Block Number: 369
Acres: 0.3214
Depth Footage: 200
Front Footage: 70
Zoning Code: R10
State Use Description: RESIDENTIAL

Financial

Assessor Information
Assessment Year: 2026
Tax District County: FRANKLIN TWP

Public facts

Beds: —
Baths: —
Sq. Ft.: 1,903
Stories: 1.0
Lot Size: 0.32 acres
Style: Single Family Residential
Year Built: 1963
Year Renovated: —
County: Somerset County
APN: 0800369 00014

Home facts updated by county records on Sep 17, 2026

Around this home

Schools

MacAfee Elementary School

Public PreK-5 • Assigned • 0.7mi

6/10

Franklin Middle School

Public 6-8 • Assigned • 0.9mi

4/10

Franklin Twp High School

Public 9-12 • Assigned • 3.5mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

7/10 Heat Factor

7 days above 101° expected this year, 15 days in 30 years

6/10 Wind Factor

27% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 5 days in 30 years

Provided by First Street

Historical weather

Somerset, NJ • 08873

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.7 hours in June and 4.3 hours in December, placing it below the U.S. average for solar exposure.

8.7 hrs

4.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$656,000 – $794,000

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Nearby similar homes

NEW 28 HRS AGO

$480,000

3 beds1 bath— sq ft

28 Newport Ave, Somerset, NJ 08873-3210

SHORT SALE

$350,000

4 beds2.5 baths1,942 sq ft

168 Matilda Ave, Somerset, NJ 08873

(609) 459-5100

$1,650,000

4 beds3.5 baths4,265 sq ft

270 Berger St, Somerset, NJ 08873

3D WALKTHROUGH

$1,600,000

4 beds3.5 baths4,009 sq ft

273 Berger St, Somerset, NJ 08873

$429,000

3 beds1.5 baths1,559 sq ft

10 Carol Ct, Somerset, NJ 08873

(732) 279-3570

$445,000

2 beds1.5 baths1,465 sq ft

64 Almond Dr, Somerset, NJ 08873

New listings for sale in 08873-4968

$445,000

2 beds2 baths— sq ft

418 Hawkshead Way, Somerset, NJ 08873-4968

NEW 28 HRS AGO

$480,000

3 beds1 bath— sq ft

28 Newport Ave, Somerset, NJ 08873-3210

COMING SOON3D WALKTHROUGH

$645,000

4 beds2.5 baths1,960 sq ft

35 Patton Dr, Somerset, NJ 08873

$425,000

2 beds2.5 baths— sq ft

24 Alerica Ln #24, Somerset, NJ 08873-5129

OPEN OCT 17, 1PM TO 3PM

$575,000

3 beds2 baths— sq ft

129 Irvington Ave, Somerset, NJ 08873-2420

$624,900

4 beds2 baths1,500 sq ft

12 Norfolk Rd, Somerset, NJ 08873

SHORT SALE

$350,000

4 beds2.5 baths1,942 sq ft

168 Matilda Ave, Somerset, NJ 08873

(609) 459-5100

3D WALKTHROUGH

$599,900

3 beds2 baths— sq ft

58 Arden St, Somerset, NJ 08873-3018

3D WALKTHROUGH

$415,000

2 beds2 baths— sq ft

29 Avebury Pl, Somerset, NJ 08873-4721

Home values near 7 Drake Rd

Data from public records.

Address	Redfin Estimate
1 Drake Rd, Somerset, NJ 3 Beds \| 2.5 Baths \| 1782 Sq. Ft.	$707,346
13 Drake Rd, Somerset, NJ 3 Beds \| 2.5 Baths \| - Sq. Ft.	$648,890

Address	Redfin Estimate
3 Drake Rd, Somerset, NJ - Beds \| - Baths \| 3182 Sq. Ft.	$649,892
17 Drake Rd, Somerset, NJ - Beds \| - Baths \| 1792 Sq. Ft.	$602,458

Address	Redfin Estimate
15 Drake Rd, Somerset, NJ 5 Beds \| 2 Baths \| 2170 Sq. Ft.	$707,752
5 Drake Rd, Somerset, NJ - Beds \| - Baths \| 1873 Sq. Ft.	$624,584

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