408 Elizabeth Avenue, Somerset, NJ 08873 Property Information
408 Elizabeth Avenue, Somerset, NJ 08873 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 408 Elizabeth Avenue, Somerset |
| Zip code | 08873 |
| County | Somerset |
| Municipality | Franklin Township |
| Block | 528.05 |
| Lot | 54 |
Sales & Tax Overview for 408 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 | 08/21/2018 |
| Sale price | $850,000 |
| Arm's length | Register |
| Current property tax | $17,390 |
Lot & Building Information for 408 Elizabeth Avenue, Somerset
| Building sqft | 6,551 |
| Building class | Office Building |
| Acreage | 0.918 |
| 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 408 Elizabeth Avenue, Somerset
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- • Improvements for 408 Elizabeth Avenue, Somerset , including their type, square footage, grade and when they were built.
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About 408 Elizabeth Avenue, Somerset
This Office Building (SCILSO) located at 408 Elizabeth Avenue, Somerset, NJ 08873 has a total of 6,551 square feet and a current price per square foot of $129.
What is the market value of 408 Elizabeth Avenue, Somerset, NJ 08873?The current market value is $1,000,000.
Ownership Information
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Past Sales & Property History for 408 Elizabeth Avenue, Somerset
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*Here are the three most recent sales for this property.
Title Documents for 408 Elizabeth Avenue, Somerset
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R: Recorded date
D: Document date
Property Taxes for 408 Elizabeth Avenue, Somerset
Access detailed property tax data for 408 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 | $16,780 |
| Current property tax | $17,390 |
| Market value | $1,000,000 |
Assessment History for 408 Elizabeth Avenue, Somerset
Here's the assessment & property tax history for 408 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 | $1,000,000 | $1,000,000 | 1.678 | $16,780 | -4.00% |
| 2024 | $1,000,000 | $1,000,000 | 1.748 | $17,480 | +5.74% |
| 2023 | $885,000 | $885,000 | 1.868 | $16,532 | -5.18% |
| 2022 | $885,000 | $885,000 | 1.97 | $17,435 | -8.16% |
| 2021 | $885,000 | $885,000 | 2.145 | $18,983 | -2.37% |
Demographics by Zip Code
| Total population | 56,327 |
| Median age | 40.4 |
| Average household income | $156,289 |
| Family households | 67.3% |
| Occupied housing units | 21,831 |
| Owner occupied units | 67.6% |
| Average number of people per household | 2.55 |
| Median year structure built | 1984 |
| Median value for units with a mortgage | $465,600 |
| Median value for units without a mortgage | $466,100 |
Risk
Create a free account to unlock extended information for 408 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 408 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 408 Elizabeth Avenue, Somerset
Here are the neighbors for 408 Elizabeth Avenue, Somerset.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 291 Pierce St, Somerset | 1,144 | 03/11/2004 | $235,000 |
| 650 Howard Ave, Somerset | 42,809 | 12/28/2005 | $3,566,860 |
| 3 Campus Dr, Somerset | |||
| 101 Belmont Dr, Somerset | 94,725 | 08/27/1969 | $98,975 |
| 115 Campus Dr, Somerset | 1,287 | 09/17/2013 | $10 |
| 659 Howard Ave, Somerset | 03/10/2017 | $6,679,925 | |
| 655 Howard Ave, Somerset | 70,315 | 03/10/2017 | $6,679,925 |
| 305 Queens Pl, Somerset | 01/25/2001 | $15,000 | |
| 358 Elizabeth Ave, Somerset | 09/10/2014 | $19,000 | |
| 225 St Joseph Pl, Somerset | 08/25/1999 | $1 | |
| 113 Belmont Dr, Somerset | 21,643 | 05/11/2017 | $1 |
| 110 Bell St, Somerset | 1,470 | 05/21/1982 | $77,000 |
| 650 Equator Ave, Somerset | 04/12/2016 | $350,000 | |
| 105 Campus Dr, Somerset | 09/24/2013 | $16,951 | |
| 102 Beatrice St, Somerset | 638 | 05/28/2002 | $131,000 |
| 145 Belmont Dr, Somerset | 40,654 | 04/13/2012 | $1 |
| 133 Belmont Dr, Somerset | 50,096 | 04/02/2007 | $3,775,000 |
| 306 St James Pl, Somerset | 01/25/2001 | $15,000 | |
| 203 Pierce St, Somerset | 08/21/2018 | $850,000 | |
| 372 Elizabeth Ave, Somerset | 10/13/1969 | $500 |