488 Elizabeth Ave Somerset, NJ 08873

Built 1962 · ResidentialLong-term owner since Oct 19, 20051 owner signal on a paid plan
Assessed
$549,800
Last sale
$390,000Oct 19, 2005
Built
1962
Size
1,512 sq ft
Status
No open cases

Property information

Block
514
Lot
33
Qualifier
—
County
Somerset
Municipality
Franklin Twp
Tax map page
73
Land description
6.14 AC

Building details

Building class
15
Description
1SB
Dwellings
1
Zoning
R40
Square feet
1,512
Acreage
6.14 ac

Assessment

Land value
$435,000
79%
Improvement value
$114,800
21%
Total assessment
$549,800
Sale assessment
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Tax (2024)
$9,337

Owner mailing

Street address

Property information on this site is compiled from public sources and is provided as-is; we do not guarantee its accuracy.

9 events · 1962–2015

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  • Mortgage assigned

    Instrument2015020313CountySomerset
  • 7 years
  • Lis pendens

    Instrument2008019382CountySomerset
  • Deed recorded

    +63% vs 1979
    $390,000
    Held25.8 yrs
  • Mortgage recorded

    Instrument2005079029CountySomerset
  • Mortgage assigned

    Instrument2005079030CountySomerset
  • Notice of settlement recorded

    Instrument2005053694CountySomerset
  • Notice of settlement recorded

    Instrument2005053695CountySomerset
  • 26 years
  • Deed recorded

    $240,000
  • 18 years
  • Property Built

YearProperty taxChangeLandImprovementAssessment
2024$9,337+3.2%$435,000$114,800$549,800
2023$9,049+30.1%$435,000$78,600$513,600
2022$6,957-2.2%$280,500$78,600$359,100
2021$7,111-1.7%$235,500$78,600$314,100
2020$7,231+5.0%$235,500$78,600$314,100
2019$6,887-0.3%$235,500$78,600$314,100
2018$6,911-0.7%$217,500$78,600$296,100
2017$6,961+0.7%$217,500$78,600$296,100
2016$6,914+1.4%$217,500$78,600$296,100
2015$6,816+1.8%$217,500$78,600$296,100
2014$6,695+3.2%$217,500$78,600$296,100
2013$6,485+1.0%$217,500$78,600$296,100
2012$6,419+4.9%$217,500$78,600$296,100
2011$6,120+8.0%$226,500$78,600$305,100
2010$5,666+14.2%$226,500$78,600$305,100
2009$4,963+2.0%$226,500$78,600$305,100
2008$4,867+2.0%$234,600$19,800$254,400
2007$4,773+6.0%$234,600$19,800$254,400
2006$4,503-23.4%$234,600$19,800$254,400
2005$5,876-1.0%$209,600$18,300$227,900
2004$5,936+6.9%$201,600$77,300$278,900
2003$5,555+13.0%$171,600$93,300$264,900
2002$4,918+3.4%$161,600$89,200$250,800
2001$4,756-0.3%$127,600$82,300$209,900
2000$4,771+5.1%$127,600$71,400$199,000
1999$4,541+7.3%$125,600$68,600$194,200
1998$4,234+3.1%$122,600$67,400$190,000
1997$4,106-80.2%$121,100$67,400$188,500
1996$20,707+9.8%$121,100$67,400$188,500
1995$18,859+627.3%$921,000$67,400$988,400
1994$2,5930.0%$921,000$67,400$988,400
1993$2,5930.0%$36,600$32,200$68,800
1992$2,5930.0%$36,600$32,200$68,800
1991$2,593+11.0%$36,600$32,200$68,800
1990$2,336+3.9%$36,600$32,200$68,800
1989$2,249—$36,600$32,200$68,800