$485,000
SOLD JUL 30, 2025

517 Madison Ave Somerset, NJ 08873

4 Beds
2 Baths
-- Sq Ft
5,227 Sq Ft Lot

Recently Sold

2% Above List Price

15 Days on Market

About This Home

As of July 2025

This home is located at 517 Madison Ave, Somerset, NJ 08873 and is currently priced at $485,000. 517 Madison Ave is a home located in Somerset County with nearby schools including Franklin High School, Thomas Edison EnergySmart Charter School, and Green Brook Academy.

Last Agent to Sell the Property

Fred Wynne

WEICHERT REALTORS Brokerage Phone: 973-539-8000 Listed on: 05/08/2025

WEICHERT REALTORS

Last Buyer's Agent

JESSIE LIZARDO

ERA REED REALTY, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,509

Lot Details

  • 5,227 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,509

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 517
  • I D: 5356473
  • Modified: 2025-08-01
  • Number Images: 1
  • Attribution Contact: 973-539-8000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.00

Lot Info

  • Lot Size: .1150 ACRE
  • Total Acres: 0.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2025
Closed on
Jul 16, 2025
Sold by
Sabahoglu Ebru Sezgi
Bought by
Trejos Katherine M and Pineda Ismael E
Seller's Agent
Fred Wynne
WEICHERT REALTORS
Buyer's Agent
JESSIE LIZARDO
ERA REED REALTY, INC
List Price
$475,000
Sold Price
$485,000
Premium/Discount to List
$10,000
2.11%
Views
245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-49.02%
Original Mortgage
$476,215
Outstanding Balance
$476,215
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
-$4,110

Purchase Details

Closed on
Jun 30, 2023
Sold by
Sabahoglu Atilla I and Sabahoglu Kate
Bought by
Sabahoglu Ebru Sezgi

Purchase Details

Listed on
Sep 29, 2014
Closed on
Sep 26, 2014
Sold by
Stys Theresa
Bought by
Sabahoglu Atilla L and Sabahoglu Sitem
Seller's Agent
BRADLAUGH HIGGINBOTTOM
SKY BROOK REALTY LLC
Buyer's Agent
Cyril Gaydos
RE/MAX PREFERRED PROFESSIONALS
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.11%
Original Mortgage
$142,500
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2008
Sold by
Stys Theresa
Bought by
Stys Theresa
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $485,000 Hometown Title
Bargain Sale Deed $200,000 None Listed On Document
Deed $150,000 Foundation Title Llc
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $476,215 FHA
Previous Owner $145,000 New Conventional
Previous Owner $142,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 Sold $485,000 +2.1% --
05/23/2025 05/23/25 Pending -- -- --
05/08/2025 05/08/25 For Sale $475,000 +216.7% --
09/29/2014 09/29/14 Sold $150,000 -- --
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 $2,509 $138,000 $54,000 $84,000
2023 $2,665 $138,000 $54,000 $84,000
2022 $2,812 $138,000 $54,000 $84,000
2021 $3,057 $138,000 $54,000 $84,000
2020 $3,124 $138,000 $54,000 $84,000
2019 $3,177 $138,000 $54,000 $84,000
2018 $3,210 $138,000 $54,000 $84,000
2017 $3,221 $138,000 $54,000 $84,000
2016 $3,244 $138,000 $54,000 $84,000
2015 $3,222 $138,000 $54,000 $84,000
2014 -- $138,000 $54,000 $84,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3961777

Garden State MLS

APN: 08-00551-0000-00005