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Single Family ResidenceResidential
$443,992$311 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 92How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $215,000 on May 22, 2003

108 PROSPECT ST

SOMERSET, NJ 08873
0
Baths
1,428 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.11 ac
Lot SizeThe size of the land the home sits on, from county records.
1940
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$444K
$408K low$480K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$215,000 · May 22, 2003

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$6,854 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$419,200 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$209,600
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$209,600
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$389,200
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$419,200

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.41
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
6
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
66
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
92
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
43
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountySOMERSET
Lot (acres)The size of the land the home sits on, from county records.0.12
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
PoolWhether the property has a pool, and what kind, such as in-ground.No

Foreclosure Filings(1)

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Franklin Middle School @ Hamilton Street CampusD
Middle · Grades 6–8 · 1.0 mi
H
Franklin High SchoolD+
High · Grades 9–12 · 4.8 mi
E
Elizabeth Avenue SchoolC-
Elementary · Grades PK–5 · 4.9 mi

District: Franklin Township School District

Neighborhood · ZIP 08873These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.111
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.93
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.97

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.33%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.6%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.57,829
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,740 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$115,637
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$147,215
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.48 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

108 Prospect St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 87% of homes in Somerset 08873
  • Costs less per square foot than 74% of homes in Somerset County
  • Smaller than 76% of homes in Somerset 08873
  • Has a smaller lot than 73% of homes in Somerset County
  • Older than 95% of homes in Somerset 08873

What homes are worth in Somerset 08873

Each bar is how many homes fall in that price range. The marker is this home.

This home
$318K$1.2M

This home is worth more than 13% of homes in Somerset 08873.

How it measures up in Somerset 08873

The dot is this home. The mark in the middle is the typical home in Somerset 08873.

Estimated value$443,992
CheaperTypical $592,391Pricier

Pricier than 13% of homes nearby

Price per ft²$311
CheaperTypical $328Pricier

Pricier than 35% of homes nearby

Living area1,428 ft²
SmallerTypical 1,792 ft²Bigger

Bigger than 24% of homes nearby

Lot size0.11 ac
SmallerTypical 0.18 acBigger

Bigger than 33% of homes nearby

Year built1940
OlderTypical 1985Newer

Newer than 5% of homes nearby

How 108 Prospect St ranks against every home in each area.
MeasureThis homeSomerset 08873Somerset County
Estimated valuepricier than$443,99213% of homes16% of homes
Price per ft²pricier than$31135% of homes26% of homes
Living areabigger than1,428 ft²24% of homes26% of homes
Lot sizebigger than0.11 ac33% of homes27% of homes
Year builtnewer than19405% of homes12% of homes

About 108 Prospect St

How much is 108 Prospect St, Somerset, NJ worth?

The TopHap Estimate for 108 Prospect St, Somerset, NJ is $443,992 as of Sep 24, 2026. The likely range is $407,509 to $480,475. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 108 Prospect St, Somerset, NJ last sell?

108 Prospect St, Somerset, NJ last sold on May 22, 2003 for $215,000, according to the county's recorded deed.

How big is 108 Prospect St, Somerset, NJ?

108 Prospect St, Somerset, NJ has 1,428 square feet of living space and a 0.12-acre lot.

When was 108 Prospect St, Somerset, NJ built?

108 Prospect St, Somerset, NJ was built in 1940, making it 86 years old. The building has 1 story.

What schools serve 108 Prospect St, Somerset, NJ?

108 Prospect St, Somerset, NJ is assigned to Franklin Middle School @ Hamilton Street Campus (middle), rated D; Franklin High School (high), rated D+; Elizabeth Avenue School (elementary), rated C-. All sit in Franklin Township School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 108 Prospect St, Somerset, NJ compare to other homes in Somerset 08873?

Among the 15,539 homes in Somerset 08873, it is worth more than 13% of them ($443,992 against a typical $592,391), its price per square foot is higher than 35% of them ($311 against a typical $328), it is bigger than 24% of them (1,428 ft² against a typical 1,792 ft²), its lot is bigger than 33% of them (0.11 ac against a typical 0.18 ac) and it is newer than 5% of them (1940 against a typical 1985). Measured against all of Somerset County, it is worth more than 16% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 108 Prospect St, Somerset, NJ?

The 2025 property tax bill for 108 Prospect St, Somerset, NJ was $6,854. The county assessed it at $419,200.

More homes on Prospect St

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