| Primary address | 485 Elizabeth Avenue, Somerset |
| Zip code | 08873 |
| County | Somerset |
| Municipality | Franklin Township |
| Block | 507.14 |
| Lot | 61.01 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 05/17/2024 |
| Sale price | $6,710,700 |
| Arm's length | Register |
| Current property tax | $83,628 |
| Building class | Vacant Land (1) |
| Acreage | 7.479 |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Property reports include comprehensive occupancy, improvement and development information (where available).
Create a free account to access valuable data points such as:
The current market value is $4,600,000.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
| Listing type | For Lease |
|---|---|
| Listing date | 10/18/2024 |
| Last updated | 05/17/2026 |
• Proposed Warehouse 76,230 SF Available • Lot Size 7.5 Acres • Warehouse Space 74,230 SF • Office Space 2,000 SF To-Suit • Delivery Q2 2025 (May 2025)
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| 1 Floor | Warehouse/Distribution | Listing price not available | 76,230 | Charles Fern Jason Barton |
Create a free account to view the complete sales history for 485 Elizabeth Avenue, Somerset, including title documents, transfer conditions, mortgages and liens.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 05/17/2024 | $6,710,700 | Register | Register |
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 485 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 | $80,408 |
| Current property tax | $83,628 |
| Market value | $4,600,000 |
Here's the assessment & property tax history for 485 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 | $4,600,000 | $4,600,000 | 1.748 | $80,408 | -6.42% |
| 2023 | $4,600,000 | $4,600,000 | 1.868 | $85,928 | n/a |
Create a free account to unlock extended information for 485 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) | A, X (See more on map) |
| Fire hazard zone | See more on map |
| Geohazard zones map | Register |
Access the detailed traffic volume map for 485 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 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Thomas Edison EnergySmart Charter School | 10 | Charter | K-12 | 604 | 1.13 |
| Central Jersey College Prep Charter School | 8 | Charter | K-12 | 1,288 | 1.34 |
| Elizabeth Avenue Elementary School | 3 | Public | PK, K-5 | 554 | 1.40 |
| Elizabeth Avenue Elementary School | 3 | Public | PK, K-5 | 554 | 1.40 |
| Somerset Bible Baptist Christian Academy | NR | Private | K-12 | 80 | 1.74 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Thomas Edison EnergySmart Charter School | 10 | Charter | K-12 | 604 | 1.13 |
| Central Jersey College Prep Charter School | 8 | Charter | K-12 | 1,288 | 1.34 |
| Somerset Bible Baptist Christian Academy | NR | Private | K-12 | 80 | 1.74 |
| Somerset Christian Academy | NR | Private | PK, K-12 | 0 | 1.98 |
| Robert Morris School | 5 | Public | PK, K-8 | 430 | 2.22 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Franklin Twp High School | 3 | Public | 9-12 | 2,220 | 0.49 |
| Thomas Edison EnergySmart Charter School | 10 | Charter | K-12 | 604 | 1.13 |
| Central Jersey College Prep Charter School | 8 | Charter | K-12 | 1,288 | 1.34 |
| Somerset Bible Baptist Christian Academy | NR | Private | K-12 | 80 | 1.74 |
| Somerset Christian Academy | NR | Private | PK, K-12 | 0 | 1.98 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Here are the neighbors for 485 Elizabeth Avenue, Somerset.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 611 Elizabeth Ave, Somerset | 05/12/2021 | $235,000 | |
| 613 Elizabeth Ave, Somerset | 2,991 | 12/06/1973 | $41,000 |
| 104 School House Rd, Franklin Twp | 09/30/2021 | $24,008,300 | |
| 32 Elm St, Somerset | 2,080 | 08/25/2022 | $350,000 |
| 15 Mettlers Rd, Somerset | 09/30/2021 | $24,008,300 | |
| 8 Owen CT, Somerset | 2,016 | 12/29/2023 | $644,465 |
| 14 Owen CT, Somerset | 2,016 | 02/27/2024 | $649,000 |
| 1 Wiley Dr, Somerset | 01/15/2015 | $14,650,000 | |
| 2 Owen CT, Somerset | 2,016 | 05/28/2024 | $673,110 |
| 12 Owen CT, Somerset | 2,016 | 03/21/2024 | $657,000 |
| 483 Elizabeth Ave, Somerset | 2,205 | 09/01/2021 | $650,000 |
| 235 Jerome Ave, Somerset | 2,127 | 11/22/2024 | $760,000 |
| 4 Owen CT, Somerset | 2,016 | 03/14/2024 | $649,000 |
| 6 Owen CT, Somerset | 1,848 | 02/09/2024 | $103,467 |
| 69 Grouser Rd, Somerset | 1,429 | ||
| 18 Owen CT, Somerset | 2,016 | 02/28/2024 | $659,990 |
| 20 Owen CT, Somerset | 2,016 | 03/11/2024 | $686,245 |
| 28 Elm St, Somerset | 1,712 | 07/08/2022 | $582,500 |
| 10 Owen CT, Somerset | 2,016 | 10/06/2023 | $671,115 |
| 16 Owen CT, Somerset | 1,848 | 03/19/2024 | $163,841 |