NOT LISTED FOR SALE

114 Prospect St South Bound Brook, NJ 08880

Estimated Value: $531,000 - $563,000

4 Beds
2 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold August 30, 2021

Last sale price $415,000

Est. 32% increase in value since last sale

Current estimated payment $3,841/month

9 Days on Market

About This Home

As of August 2021

This home is located at 114 Prospect St, South Bound Brook, NJ 08880 since 14 July 2021 and is currently estimated at $549,305. This property was built in 1920. 114 Prospect St is a home located in Somerset County with nearby schools including Robert Morris School and Green Brook Academy.

Last Agent to Sell the Property

CHRISTIAN TIBOK

FATHOM REALTY NJ Brokerage Phone: 888-455-6040 Listed on: 07/14/2021

Last Buyer's Agent

ELBA LUPO

EXP REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,149

Year Built

  • Built in 1920

Lot Details

  • 7,841 Sq Ft Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,149

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • County Name: Somerset
  • Street Number Display: 114
  • I D: 5087926
  • Modified: 2025-07-21
  • Number Images: 0
  • Attribution Contact: 888-455-6040
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 1.10

Lot Info

  • Lot Size: 80X99
  • Total Acres: 0.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Sep 30, 2021
Sold by
Ferris Kevin E and Ferris Courtney
Bought by
Slattery Valeria and Slattery Padraic
Seller's Agent
CHRISTIAN TIBOK
FATHOM REALTY NJ
Buyer's Agent
ELBA LUPO
EXP REALTY, LLC
List Price
$399,990
Sold Price
$415,000
Premium/Discount to List
$15,010
3.75%
Total Days on Market
9
Current Estimated Value
$549,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,305
Avg. Annual Appreciation
7.10%
Original Mortgage
$394,250
Outstanding Balance
$359,519
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$189,786

Purchase Details

Listed on
Aug 1, 2017
Closed on
Oct 25, 2017
Sold by
Rajendra Catherine and Grane Ruthanan
Bought by
Ferris Kevin E and Ferris Courtney
Seller's Agent
ERNEST TUFO
COLDWELL BANKER REALTY
Buyer's Agent
CHRISTIAN TIBOK
FATHOM REALTY NJ
List Price
$315,000
Sold Price
$295,000
Premium/Discount to List
-$20,000
-6.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.27%
Original Mortgage
$289,656
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 29, 1992
Sold by
Adair Robin and Adair Betty J
Bought by
Schraeder Albert J and Schraeder Ruth
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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 Buyer Sale Price Title Company
Slattery Valeria $415,000 Chicago Title Insurance Co
Ferris Kevin E $295,000 Simplicity Title Llc
Schraeder Albert J $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slattery Valeria $394,250
Previous Owner Ferris Kevin E $289,656
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2021 08/30/21 Sold $415,000 +3.8% --
07/23/2021 07/23/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $399,990 +35.6% --
10/25/2017 10/25/17 Sold $295,000 -6.3% --
09/18/2017 09/18/17 Pending -- -- --
08/01/2017 08/01/17 For Sale $315,000 -- --
Source: Garden State 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 $11,149 $291,700 $113,000 $178,700
2024 $11,149 $291,700 $113,000 $178,700
2023 $11,044 $291,700 $113,000 $178,700
2022 $10,320 $291,700 $113,000 $178,700
2021 $10,172 $291,700 $113,000 $178,700
2020 $9,676 $291,700 $113,000 $178,700
2019 $9,927 $291,700 $113,000 $178,700
2018 $9,871 $291,700 $113,000 $178,700
2017 $9,836 $291,700 $113,000 $178,700
2016 $9,614 $291,700 $113,000 $178,700
2015 $9,111 $291,700 $113,000 $178,700
2014 $8,886 $291,700 $113,000 $178,700
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    CHRISTIAN TIBOK

    FATHOM REALTY NJ

  • E

    Buyer's Agent in 2021

    ELBA LUPO

    EXP REALTY, LLC

  • E

    Seller's Agent in 2017

    ERNEST TUFO

    COLDWELL BANKER REALTY

  • Jeff Smith

    Seller Co-Listing Agent in 2017

    Jeff Smith

    COLDWELL BANKER REALTY

    (908) 500-1640

    339 Total Sales

    Jeff Smith
    Section Image
  • Gregory Tibok

    Buyer Co-Listing Agent in 2017

    Gregory Tibok

    KELLER WILLIAMS GREATER BRUNSWICK

    (908) 616-9000

    5 in this area

    164 Total Sales

    Gregory Tibok
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3727232

Garden State MLS

APN: 19-00053-0000-00008

New Jersey Somerset County South Bound Brook 08880

114 Prospect St, South Bound Brook, NJ

This home is located at 114 Prospect St, South Bound Brook, NJ 08880 since 14 July 2021 and is currently estimated at $549,305. This property was built in 1920. 114 Prospect St is a home located in Somerset County with nearby schools including Robert Morris School and Green Brook Academy.

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