| Primary address | 316 Elizabeth Avenue, Somerset |
| Zip code | 08873 |
| County | Somerset |
| Municipality | Franklin Township |
| Block | 547 |
| Lot | 17 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 01/31/2024 |
| Sale price | $875,000 |
| Arm's length | Register |
| Current property tax | $12,726 |
| Building sqft | 3,916 |
| Building class | Not Categorized (999) |
| Acreage | 0.459 |
| Year built | 1984 |
| Stories | 2 |
| 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:
316 Elizabeth Avenue, Somerset, NJ 08873 was built in 1984 and has a total of 3,916 square feet.
What is the assessed value of 316 Elizabeth Avenue, Somerset, NJ 08873 and the property tax paid?Assessed at $700,000, the tax amount paid for 316 Elizabeth Avenue, Somerset, NJ 08873 is $11,746.
When was 316 Elizabeth Avenue, Somerset, NJ 08873 last sold and what was the last sale price?316 Elizabeth Avenue, Somerset, NJ 08873 was last sold in 01/31/2024 for $875,000.
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 316 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 316 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 | $12,236 |
| Current property tax | $12,726 |
| Market value | $700,000 |
Here's the assessment & property tax history for 316 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 | $515,000 | $515,000 | 1.748 | $9,002 | -6.42% |
| 2023 | $515,000 | $515,000 | 1.868 | $9,620 | -5.18% |
| 2022 | $515,000 | $515,000 | 1.97 | $10,146 | -8.16% |
| 2021 | $515,000 | $515,000 | 2.145 | $11,047 | -2.37% |
| 2020 | $515,000 | $515,000 | 2.197 | $11,315 | -1.57% |
Create a free account to unlock extended information for 316 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 316 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) |
|---|---|---|---|---|---|
| Robert Morris School | 5 | Public | PK, K-8 | 430 | 0.39 |
| Robert Morris School | 5 | Public | PK, K-8 | 430 | 0.39 |
| Elizabeth Avenue Elementary School | 3 | Public | PK, K-5 | 554 | 0.45 |
| Elizabeth Avenue Elementary School | 3 | Public | PK, K-5 | 554 | 0.45 |
| Holy Family Academy | NR | Private | PK, K-8 | 0 | 1.00 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Robert Morris School | 5 | Public | PK, K-8 | 430 | 0.39 |
| Community Middle School | 4 | Public | 7-8 | 285 | 0.97 |
| Holy Family Academy | NR | Private | PK, K-8 | 0 | 1.00 |
| Green Brook Academy | NR | Private | 8-12 | 35 | 1.08 |
| Thomas Edison EnergySmart Charter School | 10 | Charter | K-12 | 604 | 1.51 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Green Brook Academy | NR | Private | 8-12 | 35 | 1.08 |
| Bound Brook High School | 2 | Public | 9-12 | 677 | 1.34 |
| Thomas Edison EnergySmart Charter School | 10 | Charter | K-12 | 604 | 1.51 |
| Somerset Bible Baptist Christian Academy | NR | Private | K-12 | 80 | 1.72 |
| Franklin Twp High School | 3 | Public | 9-12 | 2,220 | 2.19 |
Data provided by GreatSchools.org © 2025. All rights reserved.
Here are the neighbors for 316 Elizabeth Avenue, Somerset.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 106 Adams St, Somerset | 1,344 | 08/22/2017 | $312,000 |
| 312 Elizabeth Ave, Somerset | 09/30/2014 | $4,000 | |
| 535 Madison Ave, Somerset | 09/17/2018 | ||
| 544 Madison Ave, Somerset | 1,548 | 06/07/2024 | $495,000 |
| 546 Madison Ave, Somerset | |||
| 202 Adam St, Somerset | |||
| 517 Madison Ave, Somerset | 1,372 | 06/30/2023 | $200,000 |
| 306 Elizabeth Ave, Somerset | 05/27/2021 | $50,000 | |
| 547 Madison Ave, Somerset | 06/25/2004 | $75,000 | |
| 534 Madison Ave, Somerset | 800 | ||
| 109 Hall St, Somerset | 1,170 | 12/22/2004 | |
| 324 Elizabeth Ave, Somerset | 957 | 08/29/2003 | $60,000 |
| 328 Elizabeth Ave, Somerset | 860 | 10/15/1987 | $137,000 |
| 114 Adams St, Somerset | 1,808 | 12/20/2024 | $555,000 |
| 318 Elizabeth Ave, Somerset | 2,360 | 05/20/2008 | $1 |
| 539 Madison Ave, Somerset | 07/29/2004 | ||
| 320 Elizabeth Ave, Somerset | 03/30/2017 | $1 | |
| 314 Elizabeth Ave, Somerset | 07/19/1976 | $100 | |
| 221 Adams St, Somerset | |||
| 326 Elizabeth Ave, Somerset | 1,500 | 03/31/2011 | $1 |