NOT LISTED FOR SALE

488 Elizabeth Ave Somerset, NJ 08873

Estimated Value: $577,000 - $681,028

-- Bed
-- Bath
1,512 Sq Ft
$413/Sq Ft Est. Value

About This Home

This home is located at 488 Elizabeth Ave, Somerset, NJ 08873 and is currently estimated at $624,007, approximately $412 per square foot. 488 Elizabeth Ave is a home located in Somerset County with nearby schools including Franklin High School, Thomas Edison EnergySmart Charter School, and Central Jersey College Prep Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2005
Sold by
Dilorio Fred
Bought by
Benitez Lazaro
Current Estimated Value
$593,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Outstanding Balance
$193,058
Interest Rate
5.72%
Estimated Equity
$360,084
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Benitez Lazaro $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benitez Lazaro $351,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,337 $513,600 $435,000 $78,600
2023 $9,049 $468,600 $390,000 $78,600
2022 $7,318 $359,100 $280,500 $78,600
2021 $6,480 $314,100 $235,500 $78,600
2020 $7,111 $314,100 $235,500 $78,600
2019 $7,231 $314,100 $235,500 $78,600
2018 $6,887 $296,100 $217,500 $78,600
2017 $6,911 $296,100 $217,500 $78,600
2016 $6,961 $296,100 $217,500 $78,600
2015 $6,914 $296,100 $217,500 $78,600
2014 $6,816 $296,100 $217,500 $78,600
Source: Public Records

Map

New Jersey Somerset County Somerset 08873

488 Elizabeth Ave, Somerset, NJ

This home is located at 488 Elizabeth Ave, Somerset, NJ 08873 and is currently estimated at $624,007, approximately $412 per square foot. 488 Elizabeth Ave is a home located in Somerset County with nearby schools including Franklin High School, Thomas Edison EnergySmart Charter School, and Central Jersey College Prep Charter School.

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