UbeeUbeestimate™

Commercial or industrial · 78,783 sq ft

520 Somerset Street

Saint John

Property assessment 2026
$658,100

We do not estimate the market value of a property of type “Commercial or industrial”. Our model learns from residential transactions, and the value of such a property depends mainly on the income it generates.

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Sales history

No sale of this property has been recorded on the assessment roll since 2009.

Source: sales recorded on the assessment roll by Service New Brunswick since 2009. Transfers of $1 or less and bulk sales of several properties are excluded: their price says nothing about this property alone.

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Surroundings and accessibility

Transportation
Bus stop520 Somerset Street · Saint John Transit61 m
Education
English-language elementary schoolCentennial School780 m
French-language elementary schoolCentre scolaire Samuel-de-Champlain3.0 km
English-language high schoolPrincess Elizabeth School1.0 km
French-language high schoolCentre scolaire Samuel-de-Champlain3.0 km
Wired high-speed internet available in the area50/10 Mbps or more · Based on ISED data for the area. Actual service varies by provider.

Description

This commercial or industrial is located at 520 Somerset Street, in Saint John. The 2026 property assessment sets its value at $658,100, an increase of 9.8% since the previous roll. The lot measures 78,783 sq ft.

The property

Type
Commercial or industrial
Building footprint
about 949 m²
Lot area
78,783 sq ft · 7,319.2 m²
Account number
03688695

Ground area of the largest building on the lot, from Statistics Canada’s Open Database of Buildings. This is not the living area: a two-storey house has the same footprint as a bungalow on the same base.

Financial details

Assessment roll 2026

Total assessment$658,100
Previous roll
$599,400
Change+9.8%
Property tax$25,716 / year

2026 property tax on the Service New Brunswick assessment roll for this account.

Neighbourhood profile

2021 Census · Statistics Canada

The immediate neighbourhood of the property (census dissemination area, about 400 to 700 residents), not all of Saint John.

Population of the immediate area
429
336 people/km²
Median age
25 years
38.4% aged 0 to 14
Median after-tax income
$45,200
27% lower than in New Brunswick
Homeowners
16.1%
145 private households
Population and households
Population429
Population change (2016–2021)3.4%
Population density336 people/km²
Private households145
Average household size3
One-person households27.6%
Age profile
Median age25 years
Average age28 years
Aged 0 to 1438.4%
Aged 15 to 6454.7%
Aged 65 and over7.0%
Income
Median after-tax household income$45,200
Median total household income$46,000
Low income (after-tax LIM)65.0%
Housing
Owners16.1%
Renters83.9%
Median reported dwelling value (2021 Census)$174,000
Single-detached houses0.0%
Apartments41.4%
Condominiums29.0%
Average rooms per dwelling5 rooms
Dwellings built before 198067.7%
Dwellings built since 20160.0%
Dwellings needing major repairs9.7%
Education and employment
University degree (bachelor’s or higher)10.5%
Employment rate21.1%
Unemployment rate29.4%
Participation rate29.8%
Languages and diversity
Knowledge of French only1.2%
Bilingual (French and English)5.9%
Immigrants28.2%
Recent immigrants (2011–2021)25.6%
Commuting
Commute by car70.0%
Commute by transit30.0%
Commute on foot0.0%
Commute by bicycle0.0%

Population trend

+10.7% since 2001

All of Saint John · annual estimates from Statistics Canada

202579,371 residents20012025

Population estimates as of July 1, Statistics Canada, table 17-10-0155-01 (2001-2025). Recent years are revised or preliminary.

Data from Statistics Canada’s 2021 Census, aggregated for the property’s statistical area (dissemination area) and not for the property itself. The bar shows the difference from the New Brunswick average. Values suppressed for confidentiality reasons are not shown.

Other properties on Somerset Street

See the whole street →

Saint John has 655 properties classified as commercial or industrial on the property assessment roll.

Data transparency

Public data

Service New Brunswick 2026 property assessment roll: values, property tax and sales. Contains information licensed under the Open Government Licence – New Brunswick.

Other sources

Statistics Canada, under the Statistics Canada Open Licence: National Address Register, Open Database of Buildings, Open Database of Educational Facilities, 2021 Census. Internet: Innovation, Science and Economic Development Canada (ISED). Public transit: GTFS feeds from Codiac Transpo, Saint John Transit, Fredericton Transit and Miramichi Transit.

Ubeestimate™ valuation

Statistical model adjusted for the local market, the building’s characteristics and the neighbourhood context. The property is assumed to be in standard condition.

Disclaimer

These estimates do not replace a professional appraisal and are not binding on Ubeestimate™.