| Primary address | 531 Elizabeth Avenue, Somerset |
| Zip code | 08873 |
| County | Somerset |
| Municipality | Franklin Township |
| Block | 508.01 |
| Lot | 2.03 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 08/16/2019 |
| Sale price | $474,000 |
| Arm's length | Register |
| Current property tax | $13,606 |
| Building sqft | 2,992 |
| Building class | Residential (2) |
| Acreage | 1.18 |
| Year built | 1979 |
| Stories | 1 |
| Exterior structural material | Register |
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:
531 Elizabeth Avenue, Somerset, NJ 08873 was built in 1979 and has a total of 2,992 square feet.
What is the assessed value of 531 Elizabeth Avenue, Somerset, NJ 08873 and the property tax paid?Assessed at $782,400, the tax amount paid for 531 Elizabeth Avenue, Somerset, NJ 08873 is $13,128.
When was 531 Elizabeth Avenue, Somerset, NJ 08873 last sold and what was the last sale price?531 Elizabeth Avenue, Somerset, NJ 08873 was last sold in 08/16/2019 for $474,000.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
Create a free account to view the complete sales history for 531 Elizabeth Avenue, Somerset, including title documents, transfer conditions, mortgages and liens.
*Here are the three most recent sales for this property.
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 531 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 | $13,129 |
| Current property tax | $13,606 |
| Market value | $782,400 |
Here's the assessment & property tax history for 531 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 |
|---|---|---|---|---|---|
| 2025 | $782,400 | $782,400 | 1.678 | $13,129 | +18.37% |
| 2024 | $634,500 | $634,500 | 1.748 | $11,091 | +9.85% |
| 2023 | $540,500 | $540,500 | 1.868 | $10,097 | +0.69% |
| 2022 | $509,000 | $509,000 | 1.97 | $10,027 | -1.17% |
| 2021 | $473,000 | $473,000 | 2.145 | $10,146 | -2.37% |
Create a free account to unlock extended information for 531 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 |
Access the detailed traffic volume map for 531 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) |
|---|---|---|---|---|---|
| Central Jersey College Prep Charter School | 8 | Charter | K-12 | 1,288 | 0.94 |
| Thomas Edison EnergySmart Charter School | 10 | Charter | K-12 | 604 | 1.71 |
| Rutgers Preparatory School | NR | Private | PK-12 | 623 | 1.87 |
| Rutgers Preparatory School | NR | Private | PK-12 | 623 | 1.87 |
| Community Baptist Christian Academy | NR | Private | PK-2 | 47 | 1.87 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Central Jersey College Prep Charter School | 8 | Charter | K-12 | 1,288 | 0.94 |
| Thomas Edison EnergySmart Charter School | 10 | Charter | K-12 | 604 | 1.71 |
| Rutgers Preparatory School | NR | Private | PK-12 | 623 | 1.87 |
| New Road School of Somerset | NR | Private | 7-12 | 180 | 1.87 |
| Somerset Bible Baptist Christian AC | NR | Private | K-12 | 82 | 1.87 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Franklin Twp High School | 3 | Public | 9-12 | 2,220 | 0.54 |
| Central Jersey College Prep Charter School | 8 | Charter | K-12 | 1,288 | 0.94 |
| Thomas Edison EnergySmart Charter School | 10 | Charter | K-12 | 604 | 1.71 |
| Rutgers Preparatory School | NR | Private | PK-12 | 623 | 1.87 |
| New Road School of Somerset | NR | Private | 7-12 | 180 | 1.87 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Here are the neighbors for 531 Elizabeth Avenue, Somerset.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 1 Sunny CT, Somerset | 3,238 | 11/20/1998 | $357,000 |
| 5 Sunny CT, Somerset | 4,518 | 06/07/2022 | $810,000 |
| 201 Cedar Grove Ln, Somerset | 4,558 | 12/27/2000 | $135,000 |
| 195 Cedar Grove Ln, Somerset | 2,822 | 09/15/2021 | |
| 7 Sunny CT, Somerset | 4,401 | 10/02/2015 | $600,000 |
| 191 Cedar Grove Ln, Somerset | 1,336 | 07/19/2018 | $254,000 |
| 179 Cedar Grove Ln, Somerset | 1,796 | 05/01/1959 | $19,250 |
| 3 Sunny CT, Somerset | 3,154 | 04/25/2019 | $600,000 |
| 11 Sunny CT, Somerset | 3,544 | 05/26/2022 | $815,000 |
| 539 Elizabeth Ave, Somerset | 2,106 | 05/09/1990 | $1 |
| 535 Elizabeth Ave, Somerset | 3,448 | 01/22/1998 | $267,000 |
| 557 Elizabeth Ave, Somerset | 3,069 | 06/06/1994 | $265,000 |
| 205 Cedar Grove Ln, Somerset | 1,023 | 11/13/2015 | $200,000 |
| 189 Cedar Grove Ln, Somerset | 1,224 | 02/25/2004 | |
| 9 Sunny CT, Somerset | 3,343 | 05/21/2015 | $687,500 |
| 547 Elizabeth Ave, Somerset | 3,045 | 09/12/1994 | $230,000 |
| 197 Cedar Grove Ln, Somerset | 2,304 | 07/07/2016 | $10 |
| 46 Spangenberg Ln, Somerset | 3,487 | 07/01/2015 | $570,000 |
| 553 Elizabeth Ave, Somerset | 2,847 | 09/05/2023 | $765,000 |
| 525 Elizabeth Ave, Somerset | 4,010 | 05/14/2007 | $1 |