Discover an exceptional opportunity to build your dream home on this nearly 1-acre, shovel-ready lot at 56 Gates Road in the serene neighborhood of Somerset, NJ. This flat, tree-free parcel is ideal for constructing a new single-family residence. Located on a quiet street, the lot offers a perfect setting for peaceful living. It features public utilities, including electric, sewer, and gas, ensuring a smooth building process. Additionally, the property is conveniently accessible to major highways, making commutes and travel easy. Don't miss this rare chance to create your ideal home in a tranquil setting while remaining close to all the amenities Somerset has to offer. Drive by and envision your future here.
Active
$399,999
56 Gates Rd, Franklin Twp., NJ 08873
--beds
--baths
0.92Acres
Unimproved Land
Built in ----
0.92 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Flat tree-free parcelTranquil settingShovel-ready lot
- 142 days |
- 367 |
- 15 |
Zillow last checked: March 28, 2026 at 11:55pm
Listing updated: March 11, 2026 at 07:13am
Listed by:
Jack Qizhan Yao 732-727-2285,
Realmart Realty,
Shawn Yao
Source: GSMLS,MLS#: 3996797
Facts & features
Property
Lot
- Size: 0.92 Acres
- Dimensions: 138 x 289 .918 AC
- Features: Residential Subdivision
- Topography: Above Road
Details
- Parcel number: 2708003860008000720001
- Zoning description: Res,Residential 1 Family
Utilities & green energy
- Sewer: Public Sewer in Street
- Water: Well on Site
- Utilities for property: Electricity Connected, Cable TV, Utilities in Street
Community & HOA
Community
- Subdivision: Somerset
Location
- Region: Somerset
Financial & listing details
- Tax assessed value: $290,100
- Annual tax amount: $5,274
- Date on market: 11/7/2025
- Road surface type: Blacktop/Asphalt Road
Estimated market value
Not available
Estimated sales range
Not available
$3,141/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2025 | Listed for sale | $399,999+0% |
Source:  GSMLS #3996797 Report a problem | ||
| 8/6/2025 | Listing removed | $399,900 |
Source: GSMLS #3917257 Report a problem | ||
| 8/5/2024 | Listed for sale | $399,900+122.2% |
Source: GSMLS #3917257 Report a problem | ||
| 7/19/2021 | Sold | $180,000-10% |
Source: Public Record Report a problem | ||
| 2/28/2021 | Listing removed | $199,900 |
Source:  Weichert Pro #3659122 Report a problem | ||
| 8/26/2020 | Listed for sale | $199,900 |
Source: WEICHERT CO REALTORS #2103848 Report a problem | ||
| 7/25/2020 | Listing removed | $199,900 |
Source: Weichert Realtors #3611787 Report a problem | ||
| 3/4/2020 | Listed for sale | $199,900 |
Source: WEICHERT CO REALTORS #2001403 Report a problem | ||
| 3/4/2020 | Pending sale | $199,900 |
Source: WEICHERT CO REALTORS #2001403 Report a problem | ||
| 1/24/2020 | Listed for sale | $199,900 |
Source: WEICHERT CO REALTORS #2001403 Report a problem | ||
| 1/24/2020 | Pending sale | $199,900 |
Source: WEICHERT CO REALTORS #2001403 Report a problem | ||
| 12/5/2019 | Listed for sale | $199,900 |
Source: WEICHERT CO REALTORS #2001403 Report a problem | ||
| 12/5/2019 | Pending sale | $199,900 |
Source: WEICHERT CO REALTORS #2001403 Report a problem | ||
| 7/23/2019 | Listed for sale | $199,900 |
Source: WEICHERT CO REALTORS #2001403 Report a problem | ||
| 5/31/2019 | Listing removed | $199,900 |
Source: BHHS - NEW JERSEY PROPERTIES #3502826 Report a problem | ||
| 9/19/2018 | Price change | $199,900-60% |
Source: BHHS - NEW JERSEY PROPERTIES #3502826 Report a problem | ||
| 8/23/2017 | Listed for sale | $499,900+233.3% |
Source: BHHS - NEW JERSEY PROPERTIES #3413030 Report a problem | ||
| 2/21/2017 | Sold | $150,000-11.2% |
Source: GSMLS #3323831 Report a problem | ||
| 7/19/2016 | Listed for sale | $169,000+550% |
Source: DAVIS REALTORS #1701094 Report a problem | ||
| 5/15/1995 | Sold | $26,000-75.2% |
Source: Public Record Report a problem | ||
| 3/10/1995 | Sold | $105,000 |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,071 | $290,100 |
| 2024 | $5,071 -9.5% | $290,100 |
| 2023 | $5,602 +33% | $290,100 +26.1% |
| 2022 | $4,211 | $230,100 +21% |
| 2021 | -- | $190,100 +5.6% |
| 2020 | $3,916 +8.9% | $180,100 +5.9% |
| 2019 | $3,595 | $170,100 +9.7% |
| 2018 | $3,595 +5.4% | $155,100 +6.9% |
| 2017 | $3,411 +0.7% | $145,100 |
| 2016 | $3,388 +1.4% | $145,100 |
| 2015 | $3,340 | $145,100 -70.4% |
| 2006 | -- | $490,200 +7.5% |
| 2005 | -- | $455,900 +18% |
| 2004 | $3,341 | $386,500 +7.5% |
| 2003 | -- | $359,700 +14.4% |
| 2002 | -- | $314,400 +9.9% |
| 2001 | -- | $286,100 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Neighborhood: 08873
Nearby schools
GreatSchools rating
- 6/10MacAfee Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 4/10Sampson G Smith SchoolGrades: 6-8Distance: 0.7 mi
- 3/10Franklin Twp High SchoolGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: Macfee
- Middle: Sampson
- High: Franklin
Source: GSMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 08873
- New Jersey
- Somerset County
- Somerset
- 08873
- 56 Gates Rd
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