NOT LISTED FOR SALE

506 Elizabeth Ave Somerset, NJ 08873

Estimated Value: $729,000 - $804,164

3 Beds
3 Baths
-- Sq Ft
2.49 Acres

Last Sold May 15, 2020

Last sale price $480,000

Est. 59% increase in value since last sale

Current estimated payment $4,927/month

12 Days on Market

Highlights

  • 2.49 Acre Lot
  • Ranch Style House
  • Country Kitchen
  • Wooded Lot
  • Formal Dining Room
  • 2 Car Attached Garage

About This Home

As of May 2020

(Landscaping is not done and grading, top soil and seeding will be complete when weather permits). Location, location, location: Modernized ranch and features Fresh paint throughout, ready for your decorating touches. Gleaming hardwood floors have been newly restored. The main level features updated full bathroom, spacious living room, formal dining room, family room, laundry room and matched stainless appliances complement the granite counters in updated kitchen. The spacious finished basement features updated full bathroom, fire place, garage/Patio access. Nearby public transportation, major highways and shopping centers.

Last Agent to Sell the Property

Johnny Nunez

REALTY MARK CENTRAL Listed on: 12/15/2019

REALTY MARK CENTRAL

Last Buyer's Agent

MEG M DWYER-GIOBBIE

RE/MAX DREAMS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,329

Year Built

  • Built in 1968 | Remodeled

Lot Details

  • 2.49 Acre Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Tuck Under Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Wood Burning Fireplace
  • Formal Dining Room
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Country Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Propane
  • Well

Listing and Financial Details

  • Assessor Parcel Number 2708-00514-0000-00040-0000-
  • Tax Block *

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,329

Year Built

Built in 1968 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Style: Ranch
  • Primary Style: Ranch
  • Subproperty Type: Single Family
  • Year Built: 1968
  • Year Built Description: Renovated
  • County Name: Somerset
  • Renovated Year: 2019
  • Street Number Display: 506
  • Directions: Elizabeth ave
  • I D: 4944455
  • Modified: 2021-09-23
  • Number Images: 21
  • First Name: JOHNNY
  • First Name3: MEG M
  • Last Name: NUNEZ
  • Last Name3: DWYER-GIOBBIE
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Fireplace Description: Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Dishwasher, Microwave Oven, Range/Oven-Gas, Refrigerator
  • Number Rooms: 7
  • Bedrooms: 3
  • Master Bedroom Desc: 1st Floor, Full Bath
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Finished, Walkout
  • Dining Area: Formal Dining Room
  • Kitchen Area: Country Kitchen
  • Phone: 609-716-8400

Exterior Features

  • Exterior Description: Brick
  • Exterior Features: Patio
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage, Garage Under
  • Number Garage Spaces: 2
  • Number Parking Spaces: 6
  • Parking Driveway Description: 1 Car Width, 2 Car Width, Blacktop

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: GasPropO
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Septic 3 Bedroom Town Verified
  • Utilities: Gas-Propane
  • Water: Well

Lot Info

  • Lot Size: 2.49 AC
  • Assessed Improvement Value: 234200
  • Assessed Land Value: 166900
  • Assessment: 401100
  • Lot Description: Wooded Lot
  • Lot Identifier: 40
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 2.49

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9329
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2708-00514-0000-00040-0000-
  • Tax Rate Amount: 2.254
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2020
Sold by
Dnt Holdings Group Llc
Bought by
Stanley Krystal Lee and Stanley Mark Kim
Current Estimated Value
$763,041

Purchase Details

Closed on
Jul 17, 2018
Sold by
Eley Maurice and Johnson Hannah Mekala
Bought by
Dnt Holdings Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 3, 2001
Sold by
Warren Erich
Bought by
Eley Maurice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.93%
Source: Public Records

Range of Values:

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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
Stanley Krystal Lee $480,000 Old Republic Title
Dnt Holdings Group Llc $193,000 None Available
Eley Maurice $389,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dnt Holdings Group Limited Liability Com $0
Previous Owner Eley Maurice $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $480,000 -2.0% --
12/27/2019 12/27/19 Pending -- -- --
12/15/2019 12/15/19 For Sale $489,900 -- --
Source: Garden State MLS

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 $10,535 $579,500 $342,800 $236,700
2023 $8,765 $453,900 $234,400 $219,500
2022 $8,609 $422,400 $202,900 $219,500
2021 $8,559 $386,400 $166,900 $219,500
2020 $8,748 $386,400 $166,900 $219,500
2019 $9,233 $401,100 $166,900 $234,200
2018 $9,330 $401,100 $166,900 $234,200
2017 $9,152 $392,100 $157,900 $234,200
2016 $9,324 $396,600 $162,400 $234,200
2015 $9,261 $396,600 $162,400 $234,200
2014 $9,109 $395,700 $161,500 $234,200
Source: Public Records

Agents Affiliated with this Home

  • Johnny Nunez

    Seller's Agent in 2020

    Johnny Nunez

    REALTY MARK CENTRAL

    (908) 930-7671

    6 in this area

    153 Total Sales

    Section Image

  • M

    Buyer's Agent in 2020

    MEG M DWYER-GIOBBIE

    RE/MAX

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Map

Source: Garden State MLS

MLS Number: 3605539

Garden State MLS

APN: 08-00514-0000-00040

New Jersey Somerset County Somerset 08873

506 Elizabeth Ave, Somerset, NJ

This home is located at 506 Elizabeth Ave, Somerset, NJ 08873 since 15 December 2019 and is currently estimated at $763,041. This property was built in 1968. 506 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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