40 Drake Rd

Somerset, NJ 08873

$499,999
Price
3
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Welcome to this 3-bedroom, 1.5-bath home located in the Franklin neighborhood. This property offers a fantastic opportunity for buyers looking to add their personal touch and unlock its full potential. With a solid layout and great bones, it's an ideal choice for Owner-occupants or investors ready to bring their vision to life. Centrally located near schools, public transportation, major highways, and train access, the convenience can't be beat. Being sold strictly as-is, this home is priced to reflect...Welcome to this 3-bedroom, 1.5-bath home located in the Franklin neighborhood. This property offers a fantastic opportunity for buyers looking to add their personal touch and unlock its full potential. With a solid layout and great bones, it's an ideal choice for Owner-occupants or investors ready to bring their vision to life. Centrally located near schools, public transportation, major highways, and train access, the convenience can't be beat. Being sold strictly as-is, this home is priced to reflect its condition and presents an excellent chance to build equity in Franklin.
  1. Listed by JENNIFER GREEN • RE/MAX FIRST REALTY II
  2. Listed by VITO CICCHETTI • RE/MAX FIRST REALTY II

Property Details for 40 Drake Road

Style
Split Level
Directions
John F Kennedy Blvd to Winston Dr to Drake Rd
Days On Market
11
Pets Allowed
Yes
Primary Style
Split Level
LISTING UPDATED: 01/26/2026 03:15 PM

Property Details for 40 Drake Road

StatusActive
MLS #4005781
Days on Market13
Taxes$8,471 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built1963
Lot Size0.23 AC / 10,018 SF
CountySomerset County

Location

Listing Courtesy of RE/MAX FIRST REALTY II, JENNIFER GREEN; RE/MAX FIRST REALTY II, VITO CICCHETTI
Add your commute

Building Information for 40 Drake Road

Stories-Year Built1963Building Size-Lot Size0.23 AC / 10,018 SF

Payment Calculator

$3,143 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,437

Property Taxes

$706

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 40 Drake Road

Summary
Location and General Information
  • Address Included: Y
  • Active Days on Market: 8
  • County #: Somerset
  • Town Name: Franklin Twp.
  • Community Living: No
  • Block Identifier: 368
  • Listing Type: Exclusive Right to Sell
  • Town #: 2708.0
  • Street # Display: 40.0
  • In-Law Suite: No
  • # Parking Spaces: 2
  • County Or Parish: Somerset
  • Street Name: Drake Rd
  • Zip Code: 08873-2304
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Code Tax: *
  • County Tax: *
  • Tax Amount: $8,471
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Code Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 533400.0
  • Tax ID For Property: 2708-00368-0000-00017-0000-
  • Tax Id Tax: *
  • Tax Rate Amount: $2
  • Tax Rate Tax: *
  • Tax Rate Year: 2025
  • Tax Year: 2024
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: 1 Car Width
  • # Garage Spaces: 1
  • Garage Description: Attached Garage
Property
Lot Information
  • Appliances: CarbMDet, CookGas, Dryer, Microwav, OvnWGas, Washer
  • Lot Identifier: 17
  • Approximate Lot Size: 80X125
  • Total Acres: 0.23
  • Construction Date/Year Built: 1963
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 213400.0
  • Assessment Land: 320000.0
  • Farm Assessment: No
Utilities
  • Cooling: 1 Unit, Central Air
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Handicap Modified: No
  • Heating: 1 Unit, Forced Hot Air
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Pool: No
  • Exterior Description: Aluminum Siding
  • Exterior Features: Curbs, Deck, Metal Fence
Interior Features
  • Interior Features: Carbon Monoxide Detector, Smoke Detector
  • Flooring: Carpeting, Laminate, Wood
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Partial
  • # Baths: 1.1
  • # Full Baths: 1
  • # Half Baths: 1
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • # Bedrooms: 3
  • Easement: No
  • # Fireplaces: 0
  • Kitchen Area: Eat-In Kitchen
  • Kitchen Level: First
  • Dining Area: Formal Dining Room
  • Dining Room Level: First
  • Family Room Level: Ground
  • Ground Level Rooms: Bath(s) Other, Family Room
  • Living Room Level: First
  • Level 1 Rooms: Dining Room, Kitchen, Living Room
  • Level 2 Rooms: 3 Bedrooms, Bath(s) Other
  • # Rooms: 7
Rental
Rental Information
  • Home Warranty: false

Property History for 40 Drake Road

DateEvent & SourcePriceAppreciation
Jan 15, 2026

Listed (Active)

GSMLS #4005781

$499,999—
Nov 2, 2006

Sold (Public Record)

Public Record #247770773

$1

-99.5% / yr

Jun 17, 2004

Sold (Public Record)

Public Record #247696595

$305,000—
DateEvent & SourcePrice
01/15/2026

Listed (Active)

GSMLS #4005781

$499,999
11/02/2006

Sold (Public Record)

Public Record #247770773

$1

-99.5% / yr

06/17/2004

Sold (Public Record)

Public Record #247696595

$305,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 40 Drake Road

Taxable ValueLand$320,000Additions$213,400Total$533,400
Tax Record2024$8,472 ($706 / month)
Home Facts
Beds0Total Finished SqFt1,486 SqFtAbove Grade Finished SqFt1,486 SqFtStories2Lot Size10,000 SqFtStyleSingle Family ResidenceYear Built1963ZoningR10CountySOMERSETAPN08 00368-0000-00017

Schools near 40 Drake Road

This home is within Franklin Township Public School District.
Rating
School
Type
Grades
Distance
Conerly Road Elementary School
Public - PK to 5
Franklin Middle School
Public - 6 to 8
Franklin Twp High School
Public - 9 to 12
MacAfee Elementary School
Public - PK to 5
Rating
School
Distance
Conerly Road Elementary School
PublicPK to 5

Franklin Middle School
Public6 to 8

Franklin Twp High School
Public9 to 12

MacAfee Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 40 Drake Road, Somerset, NJ 08873

40 Drake Road is a single family home for sale in Somerset, NJ 08873. This property was listed for sale on January 15, 2026 by RE/MAX FIRST REALTY II, it's currently listed at $499,999. It has been on the market for a total of 13 days and was last sold on November 2, 2006. This listing's school district is Franklin Township Public School District. Nearby schools include Conerly Road Elementary School, Franklin Middle School and Franklin Twp High School. 40 Drake Road is a 3-bed, 2-bath, single family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX FIRST REALTY II, JENNIFER GREEN; RE/MAX FIRST REALTY II, VITO CICCHETTI

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 01/29/2026 07:13 AM. Source: New Jersey Multiple Listing Service, Inc. © 2026 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 01/29/2026 07:13 AM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.