NOT LISTED FOR SALE

505 Elizabeth Ave Somerset, NJ 08873

Estimated Value: $418,000 - $523,000

-- Bed
-- Bath
1,680 Sq Ft
$284/Sq Ft Est. Value

About This Home

This home is located at 505 Elizabeth Ave, Somerset, NJ 08873 and is currently estimated at $476,761, approximately $283 per square foot. 505 Elizabeth Ave is a home located in Somerset County with nearby schools including Franklin High School, Central Jersey College Prep Charter School, and Thomas Edison EnergySmart Charter School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 1996
Sold by
Wohlfarth George
Bought by
Rossi Michael and Rossi Colleen
Current Estimated Value
$490,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.55%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Rossi Michael $111,860 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rossi Michael A $250,000
Closed Rossi Michael $100,000
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 $6,334 $348,400 $192,900 $155,500
2023 $5,743 $297,400 $134,300 $163,100
2022 $5,676 $278,500 $115,400 $163,100
2021 $5,690 $256,900 $93,800 $163,100
2020 $5,816 $256,900 $93,800 $163,100
2019 $5,914 $256,900 $93,800 $163,100
2018 $5,975 $256,900 $93,800 $163,100
2017 $5,870 $251,500 $88,400 $163,100
2016 $5,976 $254,200 $91,100 $163,100
2015 $5,936 $254,200 $91,100 $163,100
2014 $5,838 $253,600 $90,500 $163,100
Source: Public Records

Map

New Jersey Somerset County Somerset 08873

505 Elizabeth Ave, Somerset, NJ

This home is located at 505 Elizabeth Ave, Somerset, NJ 08873 and is currently estimated at $476,761, approximately $283 per square foot. 505 Elizabeth Ave is a home located in Somerset County with nearby schools including Franklin High School, Central Jersey College Prep Charter School, and Thomas Edison EnergySmart Charter School.

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