$440,000
SOLD AUG 18, 2023

113 Jerome Ave South Bound Brook, NJ 08880

4 Beds
2 Baths
-- Sq Ft
5,001 Sq Ft Lot

Recently Sold

10% Above List Price

128 Days on Market

Highlights

  • Private Yard
  • Forced Air Heating and Cooling System
  • Level Lot
  • Patio
  • Fenced

About This Home

As of August 2023

Top over bottom duplex featuring two, 2 bedroom units. First floor has hardwood floors, living room, kitchen, bath and fill basement finished with recreation room and other room. Upstairs unit has wood floors with carpet, 2 bedrooms, kitchen, living room and full bath. Both units forced air and central A/C. No flood insurance required. Both tenant's are on month to month lease.

Last Agent to Sell the Property

Michelle Rizzo

RE/MAX WELCOME HOME Listed on: 04/12/2023

RE/MAX WELCOME HOME

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,623

Year Built

  • Built in 1955

Lot Details

  • 5,001 Sq Ft Lot
  • Lot Dimensions are 100.00 x 50.00
  • Fenced
  • Level Lot
  • Private Yard

Home Design

  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Recreation or Family Area in Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Listing and Financial Details

  • The owner pays for unit 1 owner pays(water), unit 2 owner pays(water)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,623

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1148
  • Lot Size: 100.00 x 50.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1955
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater
  • Owner Pays: Unit 1 Owner Pays(Water), Unit 2 Owner Pays(Water)
  • Has Basement: Finished, Other Room(s), Recreation Room
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Unit 1(2 Bedrooms,Kitchen,1 Bath,Living Room,Den/Family Room), Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room)
  • Stories: 2

Exterior Features

  • Fencing: Fencing/Wall
  • Lot Features: Level
  • Exterior Features: Fencing/Wall, Patio, Yard
  • Patio And Porch Features: Patio
  • Roof: Asphalt

Garage/Parking

  • Parking Features: 3-4 Car Parking

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Central - All, Unit 1(A/C Central), Unit 2(A/C Central)
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 5001
  • Zoning: R-2

Rental Info

  • Lease Term: Unit 1(Month-Month),Unit 2(Month-Month)

Tax Info

  • Tax Annual Amount: 9623
  • Tax Year: 2022

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2024
Sold by
Souza Felipe and Saleco Maria Cristina
Bought by
Souzafit Mt Vernon Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,750
Outstanding Balance
$416,530
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$93,438

Purchase Details

Listed on
Apr 12, 2023
Closed on
Aug 15, 2023
Sold by
Marquez Daniel
Bought by
Souza Felipe
Seller's Agent
Michelle Rizzo
RE/MAX WELCOME HOME
List Price
$399,900
Sold Price
$440,000
Premium/Discount to List
$40,100
10.03%
Views
309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%
Original Mortgage
$352,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2001
Sold by
Bentivoglio Fortunato
Bought by
Mafquez Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,342
Interest Rate
6.88%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 23, 1993
Sold by
Ciletti J Mark
Bought by
Bentivoglio Fortunato and Bentivoglio Eleanora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.79%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Deed -- None Listed On Document
Deed $440,000 None Listed On Document
Deed $198,500 --
Deed $140,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $420,750 New Conventional
Closed $420,750 New Conventional
Previous Owner $352,000 New Conventional
Previous Owner $192,342 FHA
Previous Owner $105,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2025 09/15/25 For Sale $599,000 +36.1% --
08/18/2023 08/18/23 Sold $440,000 +10.0% --
04/12/2023 04/12/23 For Sale $399,900 -- --
Source: All Jersey MLS

Tax History Compared to Growth

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 $10,396 $272,000 $91,000 $181,000
2024 $10,396 $272,000 $91,000 $181,000
2023 $10,298 $272,000 $91,000 $181,000
2022 $9,623 $272,000 $91,000 $181,000
2021 $9,485 $272,000 $91,000 $181,000
2020 $9,022 $272,000 $91,000 $181,000
2019 $9,256 $272,000 $91,000 $181,000
2018 $9,204 $272,000 $91,000 $181,000
2017 $9,172 $272,000 $91,000 $181,000
2016 $8,965 $272,000 $91,000 $181,000
2015 $8,728 $272,000 $91,000 $181,000
2014 $8,519 $272,000 $91,000 $181,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2025

    Ethan Gorelick

    EXP REALTY, LLC

    (732) 379-7420

    9 Total Sales

    Ethan Gorelick
    Section Image
  • Michelle Rizzo

    Seller's Agent in 2023

    Michelle Rizzo

    RE/MAX WELCOME HOME

    (908) 501-2651

    2 in this area

    269 Total Sales

    Michelle Rizzo
    Section Image
See All Agents

Map

Source: All Jersey MLS

MLS Number: 2310836R

All Jersey MLS

APN: 19-00013-0000-00016

New Jersey Somerset County South Bound Brook 08880

113 Jerome Ave, South Bound Brook, NJ

This home is located at 113 Jerome Ave, South Bound Brook, NJ 08880 and is currently priced at $440,000. This property was built in 1955. 113 Jerome Ave is a home located in Somerset County with nearby schools including Robert Morris School and Green Brook Academy.

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