507 Elizabeth Ave Somerset, NJ 08873
Estimated Value: $335,000
--
Bed
--
Bath
1,508
Sq Ft
$222/Sq Ft
Est. Value
About This Home
This home is located at 507 Elizabeth Ave, Somerset, NJ 08873 and is currently estimated at $335,000, approximately $222 per square foot. 507 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
Jun 28, 2023
Sold by
Phillips Ruth
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,600
Outstanding Balance
$228,820
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$200,180
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
-- | $292,000 | None Listed On Document |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | -- | $233,600 | |
Previous Owner | Phillips Ruth | $500,000 | |
Previous Owner | Phillips Ruth C | $50,000 |
Source: Public Records
Tax History Compared to Growth
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 | $6,743 | $370,900 | $257,600 | $113,300 |
2023 | $5,637 | $291,900 | $181,300 | $110,600 |
2022 | $5,637 | $265,600 | $155,000 | $110,600 |
2021 | $5,219 | $235,600 | $125,000 | $110,600 |
2020 | $5,334 | $235,600 | $125,000 | $110,600 |
2019 | $5,424 | $235,600 | $125,000 | $110,600 |
2018 | $5,480 | $235,600 | $125,000 | $110,600 |
2017 | $5,324 | $228,100 | $117,500 | $110,600 |
2016 | $5,452 | $231,900 | $121,300 | $110,600 |
2015 | $5,415 | $231,900 | $121,300 | $110,600 |
2014 | $5,320 | $231,100 | $120,500 | $110,600 |
Source: Public Records
Map
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