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Single Family ResidenceResidential
$826,383$261 / 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 95How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $40,000 on Aug 21, 2000

262 ROUTE 518

SKILLMAN, NJ 08558
0
Baths
3,170 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.
3.12 ac
Lot SizeThe size of the land the home sits on, from county records.
1900
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.

Valuation

$826K
$784K low$869K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$40,000 · Aug 21, 2000
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$351,383
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$281,106
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.55%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$350,000
WACHOVIA BANK NA · recorded Oct 22, 2007
2nd MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$125,000
ROMASIA BANK

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$15,106 (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.$432,700 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$300,100
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$132,600
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$432,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$432,700

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.45
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
21
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
68
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
95
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
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

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

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

H
Montgomery High SchoolA-
High · Grades 9–12 · 0.9 mi
E
Orchard Hill Elementary School
Elementary · Grades PK–2 · 2.3 mi
M
Montgomery Upper Middle SchoolA+
Middle · Grades 7–8 · 2.7 mi

District: Montgomery Township School District

Neighborhood · ZIP 08558These 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.1
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.95
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.96

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.34%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.1%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.8,270
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.495 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$176,815
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$218,901
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.49 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.56%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Absentee owner
Company ownedWhether the owner is a company or trust rather than a person.No

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

262 Route 518 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 75% of homes in Skillman 08558
  • Costs less per square foot than 96% of homes in Skillman 08558
  • Bigger than 85% of homes in Somerset County
  • Has a bigger lot than 97% of homes in Somerset County
  • Older than 97% of homes in Skillman 08558

What homes are worth in Skillman 08558

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

This home
$492K$2M

This home is worth more than 25% of homes in Skillman 08558.

How it measures up in Skillman 08558

The dot is this home. The mark in the middle is the typical home in Skillman 08558.

Estimated value$826,383
CheaperTypical $1,048,102Pricier

Pricier than 25% of homes nearby

Price per ft²$261
CheaperTypical $369Pricier

Pricier than 4% of homes nearby

Living area3,170 ft²
SmallerTypical 2,868 ft²Bigger

Bigger than 64% of homes nearby

Lot size3.12 ac
SmallerTypical 1.01 acBigger

Bigger than 91% of homes nearby

Year built1900
OlderTypical 1996Newer

Newer than 3% of homes nearby

How 262 Route 518 ranks against every home in each area.
MeasureThis homeSkillman 08558Somerset County
Estimated valuepricier than$826,38325% of homes66% of homes
Price per ft²pricier than$2614% of homes7% of homes
Living areabigger than3,170 ft²64% of homes85% of homes
Lot sizebigger than3.12 ac91% of homes97% of homes
Year builtnewer than19003% of homes3% of homes

About 262 Route 518

How much is 262 Route 518, Skillman, NJ worth?

The TopHap Estimate for 262 Route 518, Skillman, NJ is $826,383 as of Jul 14, 2026. The likely range is $783,560 to $869,206. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 262 Route 518, Skillman, NJ last sell?

262 Route 518, Skillman, NJ last sold on Aug 21, 2000 for $40,000, according to the county's recorded deed.

When was 262 Route 518, Skillman, NJ built?

262 Route 518, Skillman, NJ was built in 1900, making it 126 years old. The building has 2 stories.

What schools serve 262 Route 518, Skillman, NJ?

262 Route 518, Skillman, NJ is assigned to Montgomery High School (high), rated A-; Orchard Hill Elementary School (elementary); Montgomery Upper Middle School (middle), rated A+. All sit in Montgomery Township School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 262 Route 518, Skillman, NJ compare to other homes in Skillman 08558?

Among the 2,488 homes in Skillman 08558, it is worth more than 25% of them ($826,383 against a typical $1,048,102), its price per square foot is higher than 4% of them ($261 against a typical $369), it is bigger than 64% of them (3,170 ft² against a typical 2,868 ft²), its lot is bigger than 91% of them (3.12 ac against a typical 1.01 ac) and it is newer than 3% of them (1900 against a typical 1996). Measured against all of Somerset County, it is worth more than 66% 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 262 Route 518, Skillman, NJ?

The 2025 property tax bill for 262 Route 518, Skillman, NJ was $15,106. The county assessed it at $432,700.

Closest homes

More homes in Skillman 08558

Assigned schools

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