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Off market
  • $778,500

    506 Elizabeth Ave, Somerset, NJ 08873

    3beds
    2,586sqft
    SingleFamily
    Built in 1968
    2.49 Acres Lot
    $778,500 Zestimate®
    $301/sqft
    $4,492 Estimated rent

    Home value

    $778,500

    $724,000 - $841,000

    $4,492/mo

    Zestimate® history
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    Owner options

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    $4,492/mo

    Rent Zestimate®

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    $5,394/mo

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    $5,394/mo

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    What's special

    Location, location, location: Modernized ranch and features Fresh paint throughout, ready for your decorating touches. Gleaming hardwood floors have been newly restored. The main level features updated full bathroom, spacious living room, formal dining room, family room, laundry room and matched stainless appliances complement the granite counters in updated kitchen. The spacious finished basement features updated full bathroom, fire place, garage/Patio access. Nearby public transportation, major highways and shopping centers. (Landscaping is not done and grading, top soil and seeding will be complete when weather permits).

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Microwave, Range / Oven, Refrigerator
    Features
    • Dining Room, Family Room, Kitchen, Living Room, Bath Main, Library/Office, 3 Bedrooms
    • Flooring: Tile, Hardwood
    • Basement: Full, Finished, Bath Full, Interior Entry
    • Has fireplace: Yes
    • Fireplace features: Wood Burning
    Interior area
    • Total interior livable area: 2,586 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Levels: One
    • Exterior features: Brick
    Lot
    • Size: 2.49 Acres
    • Features: Wooded
    Details
    • Parcel number: 0800514000000040

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1968

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Underground Utilities, Propane

    Community & neighborhood

    Community
    • Community features: Fifty Five Plus Active Community
    Senior living
    • Senior community: Yes
    Location
    • Region: Somerset

    Other

    Other facts
    • Appliances: Dishwasher, Refrigerator, Gas Range/Oven, Microwave, Electric Water Heater
    • AssociationFee2Frequency: Monthly
    • Basement: Full, Finished, Bath Full, Interior Entry
    • Cooling: Central Air
    • FireplaceFeatures: Wood Burning
    • FireplacesTotal: 1
    • FireplaceYN: true
    • Flooring: Ceramic Tile, Wood
    • Heating: Forced Air
    • HeatingYN: true
    • InteriorFeatures: Dining Room, Family Room, Kitchen, Living Room, Bath Main, Library/Office, 3 Bedrooms
    • Age: 0
    • TransactionType: Sale
    • LivingAreaUnits: Square Feet
    • Levels: One
    • OriginatingSystemName: CJMLS API
    • Ownership: Fee Simple
    • ParkingFeatures: Garage, 2 Car Width
    • PropertyAttachedYN: true
    • RoomMasterBedroomLevel: First
    • PropertyType: Residential
    • Roof: Asphalt
    • Sewer: Septic Tank
    • ArchitecturalStyle: Ranch
    • LotFeatures: Wooded
    • RoomKitchenFeatures: Granite/Corian Countertops, Country Kitchen
    • RoomMasterBedroomFeatures: Full Bath
    • WaterSource: Well
    • RoomsTotal: 7
    • Utilities: Underground Utilities, Propane
    • BuildingAreaUnits: Square Feet
    • BuyerFinancing: Cash, Conventional, FHA, VA
    • CoolingYN: true
    • ExistingLeaseType: Net
    • LotMeasurement: A
    • PricePerAcre: 0
    • PricePerSquareFoot: 0
    • LotSizeUnits: Acres
    • Possession: Close Of Escrow
    • MlsStatus: Under Contract
    • ConstructionMaterials: Brick
    • ParcelNumber: 0800514000000040
    • SubLeaseExpiration: 1800-01-01T05:00:00.000Z
    • FoundationDetails: Basement
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    5/15/2020Sold$480,000-2%$186/sqft
    Source: GSMLS #3605539 Report a problem
    2/25/2020Listed for sale$489,900$189/sqft
    Source: REALTY MARK CENTRAL #2007779 Report a problem
    1/20/2020Pending sale$489,900$189/sqft
    Source: REALTY MARK CENTRAL #2007779 Report a problem
    12/15/2019Listed for sale$489,900+25.6%$189/sqft
    Source: REALTY MARK CENTRAL #3605539 Report a problem
    10/15/2001Sold$389,900$151/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,040 +18.9%$688,800 +18.9%
    2024$10,130 +15.6%$579,500 +27.7%
    2023$8,765 +2.4%$453,900 +7.5%
    2022$8,559 $422,400 +9.3%
    2021-- $386,400
    2020$9,233 -1%$386,400 -3.7%
    2019$9,330 $401,100
    2018$9,330 +0.1%$401,100 +2.3%
    2017$9,324 +0.7%$392,100 -1.1%
    2016$9,261 +1.7%$396,600
    2015$9,109 +1.6%$396,600 +0.2%
    2014$8,967 +3.2%$395,700 -0.2%
    2013$8,686 +4.1%$396,600
    2012$8,344 +4.9%$396,600
    2011$7,956 +8%$396,600
    2010$7,365 -19%$396,600
    2009$9,098 $396,600 -14.9%
    2008-- $466,300
    2007-- $466,300
    2006-- $466,300 +5.6%
    2005-- $441,600 +7.5%
    2004$3,376 $410,800 +13%
    2003-- $363,500 +9.1%
    2002-- $333,100 +12.7%
    2001-- $295,600

    Find assessor info on the county website

    Neighborhood: Franklin Center

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Franklin Twp Ps

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $778,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $778,500