NOT LISTED FOR SALE

525 Elizabeth Ave Somerset, NJ 08873

Estimated Value: $784,000 - $1,031,165

5 Beds
5 Baths
4,010 Sq Ft
$223/Sq Ft Est. Value

About This Home

This home is located at 525 Elizabeth Ave, Somerset, NJ 08873 and is currently estimated at $894,791, approximately $223 per square foot. 525 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
May 14, 2007
Sold by
Phan Rehfuss Lam and Phan Lan
Bought by
Phan Rehfuss Lam
Current Estimated Value
$873,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Outstanding Balance
$285,365
Interest Rate
6.18%
Mortgage Type
New Conventional
Estimated Equity
$565,419

Purchase Details

Closed on
Oct 11, 2005
Sold by
Sandrow Helen M
Bought by
Rehfuss Lam Phan and Phan Lan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Phan Rehfuss Lam -- None Available
Rehfuss Lam Phan $497,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phan Rehfuss Lam $460,000
Closed Phan Lan $359,000
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 $12,188 $670,400 $314,000 $356,400
2023 $11,130 $576,400 $220,000 $356,400
2022 $11,105 $544,900 $188,500 $356,400
2021 $11,272 $508,900 $152,500 $356,400
2020 $11,522 $508,900 $152,500 $356,400
2019 $11,715 $508,900 $152,500 $356,400
2018 $11,837 $508,900 $152,500 $356,400
2017 $11,668 $499,900 $143,500 $356,400
2016 $11,858 $504,400 $148,000 $356,400
2015 $11,778 $504,400 $148,000 $356,400
2014 $11,591 $503,500 $147,100 $356,400
Source: Public Records

Map

New Jersey Somerset County Somerset 08873

525 Elizabeth Ave, Somerset, NJ

This home is located at 525 Elizabeth Ave, Somerset, NJ 08873 and is currently estimated at $894,791, approximately $223 per square foot. 525 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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