NOT LISTED FOR SALE

553 Elizabeth Ave Somerset, NJ 08873

Estimated Value: $829,000 - $932,000

3 Beds
3 Baths
-- Sq Ft
1.15 Acres

Last Sold September 05, 2023

Last sale price $765,000

Est. 15% increase in value since last sale

Current estimated payment $5,673/month

65 Days on Market

About This Home

As of September 2023

This home is located at 553 Elizabeth Ave, Somerset, NJ 08873 since 31 May 2023 and is currently estimated at $877,094. 553 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.

Last Agent to Sell the Property

JOZSEF TOTH

FRANKO REALTY LLC Brokerage Phone: 888-869-6707 Listed on: 05/31/2023

Last Buyer's Agent

Amy Weltner

BHHS FOX & ROACH

BHHS FOX & ROACH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,175

Lot Details

  • 1.15 Acre Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,175

Lot Details

0

Listing Details

  • County Name: Somerset
  • Street Number Display: 553
  • I D: 5224137
  • Modified: 2024-09-06
  • Number Images: 1
  • Attribution Contact: 888-869-6707
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 1.15 ACRE
  • Total Acres: 1.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Aug 30, 2023
Sold by
Antony Arockiasamy Anton and Cross Abini
Bought by
Bellevue Moise A and Bellevue Wuyata M
Seller's Agent
JOZSEF TOTH
FRANKO REALTY LLC
Buyer's Agent
Amy Weltner
BHHS FOX & ROACH
List Price
$839,000
Sold Price
$765,000
Premium/Discount to List
-$74,000
-8.82%
Views
210
Current Estimated Value
$877,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,094
Avg. Annual Appreciation
7.04%
Original Mortgage
$612,000
Outstanding Balance
$598,651
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$278,443

Purchase Details

Listed on
Mar 2, 2020
Closed on
May 3, 2020
Sold by
Dalessandro Michael and Dalessandro Rosanne
Bought by
Arockeasamy Anton Antony and Cross Abini Cross
Seller's Agent
JOZSEF TOTH
FRANKO REALTY LLC
Buyer's Agent
JOZSEF TOTH
FRANKO REALTY LLC
List Price
$549,000
Sold Price
$549,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.75%
Original Mortgage
$502,746
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 21, 1995
Sold by
Nager Doris
Bought by
D'Allesandro Michael and D'Allesandro Angela
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
Bellevue Moise A $765,000 None Listed On Document
Bellevue Moise A $765,000 None Listed On Document
Arockeasamy Anton Antony $549,000 Fidelity National Ttl Ins Co
D'Allesandro Michael $52,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bellevue Moise A $612,000
Closed Bellevue Moise A $612,000
Previous Owner Arockiasamy Anton Antony $497,000
Previous Owner Arockeasamy Anton Antony $502,746
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2023 09/05/23 Sold $765,000 -8.8% --
08/04/2023 08/04/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $839,000 +52.8% --
06/05/2020 06/05/20 Sold $549,000 0.0% $193 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $549,000 -- $193 / Sq Ft
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
2025 $11,175 $753,800 $313,300 $440,500
2024 $11,175 $614,700 $313,300 $301,400
2023 $10,062 $521,100 $219,700 $301,400
2022 $9,978 $489,600 $188,200 $301,400
2021 $10,047 $453,600 $152,200 $301,400
2020 $10,270 $453,600 $152,200 $301,400
2019 $10,442 $453,600 $152,200 $301,400
2018 $10,551 $453,600 $152,200 $301,400
2017 $10,377 $444,600 $143,200 $301,400
2016 $10,558 $449,100 $147,700 $301,400
2015 $10,486 $449,100 $147,700 $301,400
2014 $10,318 $448,200 $146,800 $301,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    JOZSEF TOTH

    FRANKO REALTY LLC

  • Amy Weltner

    Buyer's Agent in 2023

    Amy Weltner

    BHHS FOX & ROACH

    (732) 904-5565

    6 in this area

    117 Total Sales

    Amy Weltner
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3846439

Garden State MLS

APN: 08-00508-02-00002-10

New Jersey Somerset County Somerset 08873

553 Elizabeth Ave, Somerset, NJ

This home is located at 553 Elizabeth Ave, Somerset, NJ 08873 since 31 May 2023 and is currently estimated at $877,094. 553 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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