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Sold for $4,350,000
    • $4,350,000

    490 Elizabeth Ave, Somerset, NJ 08873

    --beds
    0baths
    5.5Acres
    VacantLand
    Built in 1954
    5.5 Acres Lot
    $-- Zestimate®
    $3,652/sqft
    $3,018 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,018/mo

    Zestimate® history
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    $3,018/mo

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    Rent Zestimate®

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    $31,259/mo

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    $31,259/mo

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    What's special

    490 Elizabeth Ave, Somerset, NJ 08873 is a vacant land home that contains 1,191 sq ft and was built in 1954. It contains 0 bathroom. This home last sold for $4,350,000 in July 2024. The Rent Zestimate for this home is $3,018/mo.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Interior area
    • Total interior livable area: 1,191 sqft

    Property

    Features
    • Exterior features: Wood
    Lot
    • Size: 5.5 Acres
    Details
    • Parcel number: 0800514000000034

    Community & HOA

    Location
    • Region: Somerset

    Financial & listing details

    • Price per square foot: $3,652/sqft
    • Tax assessed value: $2,900,000
    • Annual tax amount: $50,692

    Price history

    DateEventPrice
    7/26/2024Sold$4,350,000+357.9%$3,652/sqft
    Source: Public Record Report a problem
    11/6/2020Sold$950,000-4.5%$798/sqft
    Source: GSMLS #3579284 Report a problem
    10/5/2019Pending sale$995,000$835/sqft
    Source: FIRST NEW JERSEY R.E. NETWORK #3579284 Report a problem
    8/9/2019Listed for sale$995,000$835/sqft
    Source: FIRST NEW JERSEY R.E. NETWORK #3579284 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$50,692 +577.6%$2,900,000 +577.6%
    2024$7,481 +1.2%$428,000 +11.7%
    2023$7,396 -2.1%$383,000 -0.8%
    2022$7,553 $386,000 +13.2%
    2021-- $341,000
    2020$7,600 +14.4%$341,000
    2019$6,646 $341,000 +5.6%
    2018$6,646 -9.5%$323,000
    2017$7,344 +0.7%$323,000
    2016$7,292 +1.5%$323,000
    2015$7,185 +1.9%$323,000
    2014$7,053 +3.4%$323,000
    2013$6,824 +1.3%$323,000
    2012$6,735 +5.1%$323,000 -2.7%
    2011$6,410 +8.4%$332,000
    2010$5,915 $332,000
    2009-- $332,000 +5.2%
    2008-- $315,700
    2007-- $315,700
    2006-- $315,700 +11.6%
    2005-- $283,000 +11.7%
    2004$2,192 $253,400 +7.4%
    2003-- $236,000 +6.3%
    2002-- $222,000 +22.4%
    2001-- $181,300
    Find assessor info on the county website

    Neighborhood: Franklin Center

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