347 Elizabeth Avenue, Somerset, NJ 08873 Property Information
347 Elizabeth Avenue, Somerset, NJ 08873 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 347 Elizabeth Avenue, Somerset |
| Zip code | 08873 |
| County | Somerset |
| Municipality | Franklin Township |
| Block | 500.01 |
| Lot | 1 |
Sales & Tax Overview for 347 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 | 10/02/2008 |
| Sale price | $2,450,000 |
| Arm's length | Register |
| Current property tax | $70,448 |
Lot & Building Information for 347 Elizabeth Avenue, Somerset
| Building sqft | 40,328 |
| Building class | Not Categorized (999) |
| Acreage | 3.52 |
| Exterior structural material | Register |
Zoning, Use & Area Overview
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Other Property Data for 347 Elizabeth Avenue, Somerset
Property reports include comprehensive occupancy, improvement and development information (where available).
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- • Improvements for 347 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 347 Elizabeth Avenue, Somerset
This Office Building (SCILSO) located at 347 Elizabeth Avenue, Somerset, NJ 08873 has a total of 40,252 square feet and a current price per square foot of $60.
What is the market value of 347 Elizabeth Avenue, Somerset, NJ 08873?The current market value is $3,875,000.
Ownership Information
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Past Sales & Property History for 347 Elizabeth Avenue, Somerset
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Title Documents for 347 Elizabeth Avenue, Somerset
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R: Recorded date
D: Document date
Property Taxes for 347 Elizabeth Avenue, Somerset
Access detailed property tax data for 347 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 | $67,735 |
| Current property tax | $70,448 |
| Market value | $3,875,000 |
Assessment History for 347 Elizabeth Avenue, Somerset
Here's the assessment & property tax history for 347 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 | $3,500,000 | $3,500,000 | 1.748 | $61,180 | -6.42% |
| 2023 | $3,500,000 | $3,500,000 | 1.868 | $65,380 | +10.63% |
| 2022 | $3,000,000 | $3,000,000 | 1.97 | $59,100 | -8.16% |
| 2021 | $3,000,000 | $3,000,000 | 2.145 | $64,350 | -2.37% |
| 2020 | $3,000,000 | $3,000,000 | 2.197 | $65,910 | -1.57% |
Risk
Create a free account to unlock extended information for 347 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 347 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 |
Schools
Nearest elementary schools
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Elizabeth Avenue Elementary School | 3 | Public | PK, K-5 | 554 | 0.09 |
| Elizabeth Avenue Elementary School | 3 | Public | PK, K-5 | 554 | 0.09 |
| Robert Morris School | 5 | Public | PK, K-8 | 430 | 0.75 |
| Robert Morris School | 5 | Public | PK, K-8 | 430 | 0.75 |
| Thomas Edison EnergySmart Charter School | 10 | Charter | K-12 | 604 | 1.17 |
Nearest middle schools
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Robert Morris School | 5 | Public | PK, K-8 | 430 | 0.75 |
| Thomas Edison EnergySmart Charter School | 10 | Charter | K-12 | 604 | 1.17 |
| Community Middle School | 4 | Public | 7-8 | 285 | 1.34 |
| Holy Family Academy | NR | Private | PK, K-8 | 0 | 1.37 |
| Green Brook Academy | NR | Private | 8-12 | 35 | 1.43 |
Nearest high schools
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Thomas Edison EnergySmart Charter School | 10 | Charter | K-12 | 604 | 1.17 |
| Green Brook Academy | NR | Private | 8-12 | 35 | 1.43 |
| Somerset Bible Baptist Christian Academy | NR | Private | K-12 | 80 | 1.46 |
| Bound Brook High School | 2 | Public | 9-12 | 677 | 1.70 |
| Franklin Twp High School | 3 | Public | 9-12 | 2,220 | 1.87 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Neighbors for 347 Elizabeth Avenue, Somerset
Here are the neighbors for 347 Elizabeth Avenue, Somerset.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 47 Mercury St, Somerset | |||
| 33 Mercury St, Somerset | 04/22/2024 | $25,900 | |
| 596 Nassau Ave, Somerset | |||
| 421 Elizabeth Ave, Somerset | 02/21/2007 | $900,000 | |
| 417 Elizabeth Ave, Somerset | 27,700 | 09/27/2007 | $3,450,000 |
| 411 Elizabeth Ave, Somerset | 9,280 | 06/07/2023 | $2,000,000 |
| 45 Mercury St, Somerset | 1,371 | 06/15/2004 | $220,000 |
| 2 Hobart St, Somerset | |||
| 355 Davidson Ave, Somerset | 2,184 | 07/03/2018 | $359,000 |
| 39 Mercury St, Somerset | 06/15/2004 | ||
| 329 Davidson Ave, Somerset | 01/07/2022 | ||
| 49 Mercury St, Somerset | 02/04/1975 | ||
| 315 Davidson Ave, Somerset | 58,668 | ||
| 327 Davidson Ave, Somerset | 1,588 | 01/07/2022 | |
| 331 Davidson Ave, Somerset | 01/07/2022 | $100,000 | |
| 333 Davidson Ave, Somerset | 84,806 | 02/21/2007 | $900,000 |
| 35 Mercury St, Somerset | 02/09/2024 | $40,000 | |
| 37 Mercury St, Somerset | 02/09/2024 | $40,000 | |
| 23 Mercury St, Somerset | 2,793 | 04/07/2015 | $275,000 |
| 285 Davidson Ave, Somerset | 131,867 | 10/20/2000 | $125,000 |