No value opinion can have meaning without first being defined. The intended use of an appraisal dictates which definition of market (or other) value is applicable to a specific assignment. Example: Market Value and fair market value are not the same thing.
Somerset County is a county located in the U.S. state of New Jersey. As of the 2010 United States Census, the county's population was 323,444, increasing by 25,954 (+8.7%) from the 297,490 counted in the 2000 Census, retaining its position as the state's 13th-most populous county.
In 1833, Somerset contained county buildings, nine stores, six taverns, about 120 dwelling houses, and more than 600 inhabitants. As the village of New Lexington grew in importance, its residents began to agitate for the county seat to be moved to their community.