480 Elizabeth Avenue, Somerset, NJ 08873 Property Information
480 Elizabeth Avenue, Somerset, NJ 08873 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 480 Elizabeth Avenue, Somerset |
| Zip code | 08873 |
| County | Somerset |
| Municipality | Franklin Township |
| Block | 514 |
| Lot | 19.03 |
Sales & Tax Overview for 480 Elizabeth Avenue, Somerset
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 07/29/2016 |
| Sale price | $1,200,000 |
| Arm's length | Register |
| Current property tax | $329,058 |
Lot & Building Information for 480 Elizabeth Avenue, Somerset
| Building class | Warehouse-Other (959) |
| Acreage | 12.35 |
Zoning, Use & Area Overview
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 480 Elizabeth Avenue, Somerset
Property reports include comprehensive occupancy, improvement and development information (where available).
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- • Improvements for 480 Elizabeth Avenue, Somerset , including their type, square footage, grade and when they were built.
- • Development maps such as planimetric, zoning, land use and urban landscape maps (building age and stories).
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About 480 Elizabeth Avenue, Somerset
The current market value is $18,100,000.
Ownership Information
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Past Sales & Property History for 480 Elizabeth Avenue, Somerset
Create a free account to view the complete sales history for 480 Elizabeth Avenue, Somerset, including title documents, transfer conditions, mortgages and liens.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 07/29/2016 | $1,200,000 | Register | Register |
Title Documents for 480 Elizabeth Avenue, Somerset
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R: Recorded date
D: Document date
Property Taxes for 480 Elizabeth Avenue, Somerset
Access detailed property tax data for 480 Elizabeth Avenue, Somerset, NJ 08873. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Base tax | $316,388 |
| Current property tax | $329,058 |
| Market value | $18,100,000 |
Assessment History for 480 Elizabeth Avenue, Somerset
Here's the assessment & property tax history for 480 Elizabeth Avenue, Somerset, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessment value | Total tax rate | Property tax | Year over year change |
|---|---|---|---|---|---|
| 2024 | $18,100,000 | $18,100,000 | 1.748 | $316,388 | +2.65% |
| 2023 | $16,500,000 | $16,500,000 | 1.868 | $308,220 | -5.18% |
| 2022 | $16,500,000 | $16,500,000 | 1.97 | $325,050 | +40.57% |
| 2021 | $10,780,000 | $10,780,000 | 2.145 | $231,231 | -2.37% |
| 2020 | $10,780,000 | $10,780,000 | 2.197 | $236,837 | +457.88% |
Demographics By Zip Code
| Total population | 55,862 |
| Median age | 40 |
| Average household income | $148,780 |
| Family households | 65.2% |
| Occupied housing units | 21,641 |
| Owner occupied units | 67.3% |
| Average number of people per household | 2 |
| Median year structure built | 1985 |
| Median value for units with a mortgage | $433,700 |
| Median value for units without a mortgage | $445,400 |
Risk
Create a free account to unlock extended information for 480 Elizabeth Avenue, Somerset, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).
| FEMA flood zone(s) | X (See more on map) |
| Fire hazard zone | See more on map |
| Geohazard zones map | Register |
Transportation
Access the detailed traffic volume map for 480 Elizabeth Avenue, Somerset to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
| View daily traffic map |
Neighbors for 480 Elizabeth Avenue, Somerset
Here are the neighbors for 480 Elizabeth Avenue, Somerset.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 114 County Road 518, Princeton | 07/05/2016 | ||
| 51 Bryant CT, Somerset | 2,462 | 10/07/2021 | |
| 5 Bryant CT, Somerset | 2,446 | 12/20/2022 | $710,000 |
| 35 Susan Dr, Somerset | 3,369 | 12/22/2020 | $600,000 |
| 47 Bryant CT, Somerset | 2,557 | 01/25/2019 | $521,012 |
| 3 Bryant CT, Somerset | 2,557 | 05/29/2020 | $597,856 |
| 7 Bryant CT, Somerset | 2,438 | 06/27/2019 | $589,568 |
| 589 Howard Ave, Somerset | 1,200 | 02/28/2020 | $135,000 |
| 49 Bryant CT, Somerset | 2,454 | 11/29/2018 | $526,101 |
| 55 Bryant CT, Somerset | 2,721 | 02/24/2020 | $644,813 |
| 270 Skillmans Ln, Somerset | 1,710 | 04/18/2017 | $1 |
| 1560 Amwell Rd, Somerset | 3,674 | 02/28/2020 | $500,000 |
| 37 Susan Dr, Somerset | 3,111 | 10/09/2020 | $450,000 |
| 45 Bryant CT, Somerset | 2,438 | 09/07/2021 | $618,000 |
| 5 Van Cleef Rd, Somerset | |||
| 53 Bryant CT, Somerset | 2,697 | 11/16/2018 | $591,309 |
| 57 Bryant CT, Somerset | 3,084 | 08/27/2018 | $628,684 |