NOT LISTED FOR SALE

2 Drake St Bound Brook, NJ 08805

Estimated Value: $400,000 - $411,339

4 Beds
2 Baths
1,757 Sq Ft
$231/Sq Ft Est. Value

About This Home

This home is located at 2 Drake St, Bound Brook, NJ 08805 and is currently estimated at $406,446, approximately $231 per square foot. 2 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2025
Sold by
Bought by
Current Estimated Value
$406,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,500
Outstanding Balance
$397,500
Interest Rate
6.63%
Mortgage Type
Construction
Estimated Equity
$8,946

Purchase Details

Closed on
Jul 7, 2010
Sold by
Bought by

Purchase Details

Closed on
Nov 17, 2009
Sold by
Bought by

Purchase Details

Closed on
Oct 7, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,900
Interest Rate
5.72%

Purchase Details

Closed on
Jul 22, 1993
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$365,000 Stewart Title Guaranty Company
$73,000 Multiple
-- None Available
$319,900 --
$115,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $397,500
Previous Owner $287,900
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,394 $463,800 $163,400 $300,400
2024 $9,394 $414,000 $144,400 $269,600
2023 $9,055 $384,000 $120,700 $263,300
2022 $8,643 $347,400 $96,900 $250,500
2021 $7,704 $291,100 $68,400 $222,700
2020 $7,844 $254,100 $49,400 $204,700
2019 $7,704 $238,000 $30,400 $207,600
2018 $6,581 $197,400 $30,400 $167,000
2017 $6,645 $194,800 $30,400 $164,400
2016 $6,054 $178,800 $11,400 $167,400
2015 $5,791 $174,900 $11,400 $163,500
2014 $5,996 $174,900 $11,400 $163,500
Source: Public Records

Map

New Jersey Somerset County Bound Brook 08805

2 Drake St, Bound Brook, NJ

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