1 Drake St Bound Brook, NJ 08805
Studio
--
Bath
1,000
Sq Ft
2,919
Sq Ft
About This Home
This home is located at 1 Drake St, Bound Brook, NJ 08805. 1 Drake St is a home located in Somerset County with nearby schools including LaMonte Annex Elementary School, Lafayette Elementary School, and Bound Brook High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 26, 2025
Sold by
Palisades Realty Opportunity Fund Llc and Palisades Realty Opportunity Fund Urban
Bought by
Luxury Lofts Llc
Purchase Details
Closed on
Mar 24, 2021
Sold by
Drake Street Realty Associates Llc
Bought by
Palisades Realty Opportunity Fund Llc
Purchase Details
Closed on
Dec 13, 1999
Sold by
Campanella Samuel
Bought by
Drake Street Realty Asso
Purchase Details
Closed on
Jan 21, 1994
Sold by
Campenella Nancy
Bought by
Campanella Samuel
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Luxury Lofts Llc | $3,725,000 | None Listed On Document | |
| Luxury Lofts Llc | $3,725,000 | None Listed On Document | |
| Palisades Realty Opportunity Fund Llc | $910,000 | Key Settlements Inc | |
| Drake Street Realty Asso | $67,000 | -- | |
| Campanella Samuel | $177,500 | -- |
Source: Public Records
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,646 | $209,600 | $209,600 | -- |
| 2024 | $6,646 | $292,900 | $209,600 | $83,300 |
| 2023 | $6,317 | $267,900 | $194,600 | $73,300 |
| 2022 | $5,857 | $235,400 | $172,100 | $63,300 |
| 2021 | $5,991 | $212,900 | $149,600 | $63,300 |
| 2020 | $6,918 | $224,100 | $138,300 | $85,800 |
| 2019 | $6,649 | $205,400 | $119,600 | $85,800 |
| 2018 | $6,911 | $207,300 | $121,500 | $85,800 |
| 2017 | $6,730 | $197,300 | $121,500 | $75,800 |
| 2016 | $5,895 | $174,100 | $98,300 | $75,800 |
| 2015 | $5,764 | $174,100 | $98,300 | $75,800 |
| 2014 | $4,038 | $117,800 | $42,000 | $75,800 |
Source: Public Records
Map
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