NOT LISTED FOR SALE

2 Drake St Bound Brook, NJ 08805

Estimated Value: $396,000 - $408,000

4 Beds
2 Baths
1,757 Sq Ft
$230/Sq Ft Est. Value

About This Home

This home is located at 2 Drake St, Bound Brook, NJ 08805 and is currently estimated at $404,431, approximately $230 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

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2025
Sold by
Xu Chong
Bought by
71 Summit Ave Llc
Current Estimated Value
$404,431

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
$6,931

Purchase Details

Closed on
Jul 7, 2010
Sold by
Hsbc Bank Usa National Association
Bought by
Xu Chong

Purchase Details

Closed on
Nov 17, 2009
Sold by
Osorio German
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Oct 7, 2005
Sold by
Cruz Jose H
Bought by
Osorio German

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
Cruz Carlos and Cruz Georgina
Bought by
Cruz Jose H and Cruz Monica B
Source: Public Records

Range of Values:

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

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ICE

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First American

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Quantarium

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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
71 Summit Ave Llc $365,000 Stewart Title Guaranty Company
Xu Chong $73,000 Multiple
Hsbc Bank Usa National Association -- None Available
Osorio German $319,900 --
Cruz Jose H $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 71 Summit Ave Llc $397,500
Previous Owner Osorio German $287,900
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 $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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