506 Elizabeth Ave Somerset, NJ 08873

Built 1968 · Residential1 owner signal on a paid plan
Assessed
$688,800
Last sale
$480,000May 18, 2020
Built
1968
Size
2,586 sq ft
Status
No open cases

Property information

Block
514
Lot
40
Qualifier
—
County
Somerset
Municipality
Franklin Twp
Tax map page
73
Land description
2.49 AC

Building details

Building class
17
Description
1SF2G
Dwellings
1
Zoning
R40
Square feet
2,586
Acreage
2.49 ac

Assessment

Land value
$342,800
50%
Improvement value
$346,000
50%
Total assessment
$688,800
Sale assessment
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Tax (2024)
$10,535

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.

19 events · 1968–2020

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  • Deed recorded

    +149% vs 2018
    $480,000
    Held1.8 yrs
  • Mortgage recorded

    Instrument2020020486CountySomerset
  • Notice of settlement recorded

    Instrument2020019583CountySomerset
  • Notice of settlement recorded

    Instrument2020005008CountySomerset
  • Notice of settlement recorded

    Instrument2020005007CountySomerset
  • Deed recorded

    -51% vs 2001
    $193,000
    Held16.8 yrs
  • Notice of settlement recorded

    Instrument2018021226CountySomerset
  • Lis pendens

    Instrument2016034866CountySomerset
  • Foreclosure Case

    1. Filed
    2. Judgment
    3. Sheriff sale
    Last activity: Aug 16, 2018
    Type: Residential Mortgage Foreclosure
    Status: Defaulted
    Disposition: Default Judgment
    CourtGeneral Equity
  • Mortgage assigned

    Instrument2015011186CountySomerset
  • 12 years
  • Mortgage discharged

    Instrument2003107747CountySomerset
  • Mortgage recorded

    Instrument2003061993CountySomerset
  • Notice of settlement recorded

    Instrument2003054933CountySomerset
  • Mortgage assigned

    Instrument2002095739CountySomerset
  • Deed recorded

    -8% vs 2000
    $389,900
    Held1.8 yrs
  • Mortgage recorded

    Instrument2001366109CountySomerset
  • Deed recorded

    +21145% vs 1970
    $424,900
    Held29.8 yrs
  • 30 years
  • Deed recorded

    $2,000
  • Property Built

YearProperty taxChangeLandImprovementAssessment
2024$10,535+20.2%$342,800$346,000$688,800
2023$8,765+2.4%$342,800$236,700$579,500
2022$8,559-2.2%$202,900$219,500$422,400
2021$8,748-5.3%$166,900$219,500$386,400
2020$9,233-1.0%$166,900$219,500$386,400
2019$9,330+1.9%$166,900$234,200$401,100
2018$9,152-1.8%$166,900$234,200$401,100
2017$9,324+0.7%$157,900$234,200$392,100
2016$9,261+1.7%$162,400$234,200$396,600
2015$9,109+1.6%$162,400$234,200$396,600
2014$8,967+3.2%$161,500$234,200$395,700
2013$8,686+4.1%$162,400$234,200$396,600
2012$8,344+4.9%$162,400$234,200$396,600
2011$7,956+8.0%$162,400$234,200$396,600
2010$7,365-19.0%$162,400$234,200$396,600
2009$9,098+2.0%$162,400$234,200$396,600
2008$8,920+2.0%$190,900$275,400$466,300
2007$8,748+0.2%$190,900$275,400$466,300
2006$8,726+0.8%$190,900$275,400$466,300
2005$8,656+6.3%$185,900$255,700$441,600
2004$8,146+10.4%$192,900$217,900$410,800
2003$7,378+7.4%$162,900$200,600$363,500
2002$6,870+4.6%$147,900$185,200$333,100
2001$6,567+11.7%$122,900$172,700$295,600
2000$5,877+6.3%$126,900$149,600$276,500
1999$5,530+11.2%$93,900$145,300$239,200
1998$4,973+3.8%$91,900$139,500$231,400
1997$4,789+5.4%$81,900$139,500$221,400
1996$4,544+9.8%$80,400$139,500$219,900
1995$4,138+4.9%$77,400$139,500$216,900
1994$3,9460.0%$77,400$139,500$216,900
1993$3,9460.0%$26,400$78,300$104,700
1992$3,9460.0%$26,400$78,300$104,700
1991$3,946+11.0%$26,400$78,300$104,700
1990$3,556+3.9%$26,400$78,300$104,700
1989$3,423—$26,400$78,300$104,700