471 Elizabeth Avenue, Somerset, NJ 08873 Property Information
471 Elizabeth Avenue, Somerset, NJ 08873 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 471 Elizabeth Avenue, Somerset |
| Zip code | 08873 |
| County | Somerset |
| Municipality | Franklin Township |
| Block | 507.14 |
| Lot | 65.01 |
Sales & Tax Overview for 471 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 | 02/11/2022 |
| Sale price | $2,961,000 |
| Arm's length | Register |
| Current property tax | $228,850 |
Lot & Building Information for 471 Elizabeth Avenue, Somerset
| Building sqft | 105,852 |
| Building class | Warehouse-Mini Self-Storage (952) |
| Acreage | 4.82 |
| Year built | 2024 |
| Stories | 1 |
| Exterior structural material | Register |
Zoning, Use & Area Overview
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 471 Elizabeth Avenue, Somerset
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- • Improvements for 471 Elizabeth Avenue, Somerset , including their type, square footage, grade and when they were built.
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About 471 Elizabeth Avenue, Somerset
This Warehouse-Mini Self-Storage (952) located at 471 Elizabeth Avenue, Somerset, NJ 08873 has a total of 105,852 square feet and a current price per square foot of $27.
What is the year built & the current market value of 471 Elizabeth Avenue, Somerset, NJ 08873?471 Elizabeth Avenue, Somerset, NJ 08873 was built in 2024 and has a current tax assessor's market value of $12,588,000.
Ownership Information
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Past Sales & Property History for 471 Elizabeth Avenue, Somerset
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*Here are the three most recent sales for this property.
Title Documents for 471 Elizabeth Avenue, Somerset
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R: Recorded date
D: Document date
Property Taxes for 471 Elizabeth Avenue, Somerset
Access detailed property tax data for 471 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 | $220,038 |
| Current property tax | $228,850 |
| Market value | $12,588,000 |
Assessment History for 471 Elizabeth Avenue, Somerset
Here's the assessment & property tax history for 471 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 | $4,198,000 | $4,198,000 | 1.748 | $73,381 | +574.27% |
| 2023 | $582,600 | $582,600 | 1.868 | $10,883 | +16.77% |
| 2022 | $473,100 | $473,100 | 1.97 | $9,320 | +1.50% |
| 2021 | $428,100 | $428,100 | 2.145 | $9,183 | -2.37% |
| 2020 | $428,100 | $428,100 | 2.197 | $9,405 | -1.57% |
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 471 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 471 Elizabeth Avenue, Somerset to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
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Neighbors for 471 Elizabeth Avenue, Somerset
Here are the neighbors for 471 Elizabeth Avenue, Somerset.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 106 Stone Manor Dr, Somerset | 1,860 | 10/03/2025 | $580,000 |
| 208 Sherwood CT, Somerset | 2,217 | 08/23/2006 | $515,564 |
| 212 Sherwood CT, Somerset | 2,458 | 09/26/2006 | |
| 214 Sherwood CT, Somerset | 2,584 | 07/31/2015 | $1 |
| 213 Sherwood CT, Somerset | 3,017 | 08/22/2007 | $1 |
| 479 Elizabeth Ave, Somerset | 05/19/2005 | $6,250 | |
| 507 Elizabeth Ave, Somerset | 2,054 | 06/28/2023 | $292,000 |
| 211 Sherwood CT, Somerset | 2,584 | 10/05/2012 | $429,900 |
| 209 Sherwood CT, Somerset | 3,299 | 12/21/2005 | $652,086 |
| 487 Elizabeth Ave, Somerset | 3,000 | ||
| 491 Elizabeth Ave, Somerset | 6,356 | 01/08/2020 | $1,500,000 |
| 503 Elizabeth Ave, Somerset | 2,824 | 09/24/2015 | $250,000 |
| 210 Sherwood CT, Somerset | 3,017 | 06/18/2007 | $570,000 |
| 477 Elizabeth Ave, Somerset | 05/19/2005 | $6,250 | |
| 497 Elizabeth Ave, Somerset | 2,995 | 09/12/2013 | $428,405 |
| 481 Elizabeth Ave, Somerset | 1,448 | 11/19/1996 | $160,000 |
| 102 Stone Manor Dr, Somerset | 3,299 | 08/25/2006 | $633,690 |
| 495 Elizabeth Ave, Somerset | 968 | 06/05/2002 | $264,900 |
| 104 Stone Manor Dr, Somerset | 2,888 | 10/15/2013 | $488,000 |
| 501 Elizabeth Ave, Somerset | 2,946 | 05/27/2015 | $244,000 |