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605 Elizabeth Avenue

605 Elizabeth Avenue, Somerset, NJ 08873
Property in Somerset
Sold May 19, 2016
$385,000
$360,000 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2046
Sold Aug 22, 2011
$370,000
$370,000 by Navy Fcu
Mortgage Due Sep 01, 2041
Local assessors in Somerset, NJ have categorized 605 Elizabeth Avenue as a residential type of property. The home was built in 1956 and is 68 years old. The property's lot size has been calculated to be 55,490 square feet. The linear feet between the front and back of the lot was measured at 3,580 ft and the front of the lot was measured at 1,550 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 605 Elizabeth Avenue has a total of 1,986 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with stone control joints. Lots of rock and stone were used in the construction of the exterior walls of the home. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 605 Elizabeth Avenue sold most recently in May 9, 2016 for a total of $385,000. If you work out the math, that's approximately a cost of $193.86 per sqft. Before that, the property was also sold for $370,000 in Aug 19, 2011. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,853 in taxes each year. 605 Elizabeth Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $406,700. If we break it down further, the land itself was valued at $221,100. Improvements to the property, however, were assessed at a total of $185,600. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 0
  • Construction Type: Stone
  • Exterior Walls Type: Rock and stone
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 55,490
  • Lot Size Depth Feet: 3,580
  • Lot Size Frontage Feet: 1,550
  • Total Building Area: 1,986
  • Building Area: 1,986
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,986
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.274
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : VANZINI MATTHEW
  • Current Owner 2: VANZINI JANE
  • Previous Owner : CALCADO AGUSTINHO
  • Previous Owner 2: DAVID ROSA SILVA
  • Owner Before Previous Owner: KOWZUN GREGORY A
  • Owner Before Previous Owner 2: KOWZUN CARMEN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Township School District
  • Census Tract: 054301

Zoning

  • Zoning: R40

Geography

  • Assessors Map Reference: TAX MAP 65
  • District: 08
  • Parcel: 08 00508- 02-00055
  • Block: 508.02
  • Lot: 55
  • Municipality: FRANKLIN TWP
  • Latitude: 40.5041
  • Longitude: -74.5517

    Address

  • Full Address: 605 Elizabeth Ave
  • Address - House Number: 605
  • Address - Street Name: Elizabeth
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Somerset
  • Carrier Code: R009
  • 4-Digit Zip Code: 5201
  • Zip Code: 08873

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,853

    Appraisal Valuation

  • Standard Deviation: 0.1544
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 547,667
  • High Value: 632,259
  • Low Value: 463,074

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $360,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: May 19, 2016
  • First Open Lien Mortgage Loan Amount: $360,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2046

    Market Valuation

  • Market Total Value: $402,235
  • Market Land Value: $218,673
  • Market Improvement Value: $183,562

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $406,700
  • Assessed Land Value: $221,100
  • Assessed Improvements Value: $185,600

    Sales

  • Current Sale Contract Date: May 09, 2016
  • Current Sale Recording Date: May 19, 2016
  • Current Sale Transaction ID: 1868300034
  • Current Sale Price: $385,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2016019293
  • Previous Sale Recording Date: Aug 22, 2011
  • Previous Sale Contract Date: Aug 19, 2011
  • Previous Sale Amount: $370,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 19, 2016
  • First Mortgage Loan Amount: $360,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: NAVY FCU
  • Previous Mortgage Transaction Date: Aug 22, 2011
  • Previous Mortgage Loan Amount: $370,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2041

About Middlebush



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 426 Elizabeth Avenue, Franklin, NJ, 08873

$3,300 /mo

  • 3 Beds
  • 1 Bath
  • 1,489 ft²
426 Elizabeth Avenue, Franklin, NJ, 08873 Listing by SLOANE M. WEINSTEIN

Frequently Asked Questions

What neighborhood is 605 Elizabeth Avenue located in?
The 605 Elizabeth Avenue is a located in the neighborhood of Somerset in Middlebush, Somerset.
What is the average sales price for listings in 605 Elizabeth Avenue?
The average sales price for units in 605 Elizabeth Avenue is $0 currently.

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