NOT LISTED FOR SALE

204 Somerset St Bound Brook, NJ 08805

Estimated Value: $586,000 - $652,000

-- Bed
-- Bath
2,605 Sq Ft
$241/Sq Ft Est. Value

Last Sold September 28, 2022

Last sale price $490,000 $188 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,426/month

137 Days on Market

Highlights

  • 0.28 Acre Lot
  • Corner Lot
  • Patio
  • Deck
  • Porch
  • Utility Room

About This Home

As of September 2022

Great corner house in a central location. Full length attic for storage. Very close to the Bound Brook Raritan Valley line to Penn Station. Also close to the Union Avenue NJ Transit Bus Terminal to Port Authority. Property has rental potential of 4500 monthly. Please bring your mask

Last Listed By

Jennifer Bradshaw

BETTER HOMES&GARDENS RE MATURO Listed on: 05/14/2022

BETTER HOMES&GARDENS RE MATURO

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,411

Year Built

  • Built in 1895

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 120.00 x 100.00
  • Corner Lot

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,605 Sq Ft Home
  • 3-Story Property
  • Utility Room

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Window Unit Cooling System
  • Radiant Heating System
  • Underground Utilities
  • 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(electric fuel water gas), unit 2 owner pays(fuel gas), unit 3 owner pays(electric fuel water gas)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,411

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Sub Type: 3 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2755
  • Lot Size: 120.00 x 100.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1895
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Water Heater(Gas), Water Heater
  • Owner Pays: Unit 1 Owner Pays(Electric,Fuel,Water,Gas), Unit 2 Owner Pays(Fuel,Gas), Unit 3 Owner Pays(Electric,Fuel,Water,Gas)
  • Has Basement: Full, Storage Space, Utility Room
  • Interior Amenities: Unit 1(1 Bedroom,Kitchen,1 Bath,Living Room), Unit 2(1 Bedroom,Kitchen,1 Bath,Living Room), Unit 3(Dining Room,3 Bedrooms,Kitchen,1 Bath,Living Room)
  • Living Area: 2605
  • Stories: 3

Exterior Features

  • Lot Features: Corner Lot
  • Exterior Features: Patio, Deck, Porch
  • Patio And Porch Features: Patio, Deck, Porch
  • Roof: Asphalt

Garage/Parking

  • Parking Features: 3-4 Car Parking

Utilities

  • Gas Company: Natural Gas, Oil
  • Cooling: A/C Window Unit(s)
  • Heating: Radiant
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 12001
  • Zoning: R-4

Rental Info

  • Lease Term: Unit 1(No Lease),Unit 2(No Lease)

Tax Info

  • Tax Annual Amount: 11411
  • Tax Year: 2021

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
May 5, 2023
Sold by
Williams Paul
Bought by
Williams Paul and Williams Vinette
Total Days on Market
137
Current Estimated Value
$626,707

Purchase Details

Listed on
May 14, 2022
Closed on
Sep 15, 2022
Sold by
Johnson Lovell and Johnson Diann
Bought by
Williams Paul
Seller's Agent
Jennifer Bradshaw
BETTER HOMES&GARDENS RE MATURO
List Price
$499,999
Sold Price
$490,000
Premium/Discount to List
-$9,999
-2%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.89%
Original Mortgage
$507,640
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2005
Sold by
Mitchel Diane
Bought by
Johnson Lovell and Mitchell Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,000
Interest Rate
7.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 23, 1990
Sold by
Balash Rosanne M
Bought by
Balash Joseph J

Range of Values:

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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
Williams Paul -- None Listed On Document
Williams Paul $490,000 First American Title
Johnson Lovell -- --
Balash Joseph J $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Paul $507,640
Previous Owner Johnson Lovell $413,450
Previous Owner Johnson Lovell $404,000
Previous Owner Jhonson Lovell $344,000
Previous Owner Johnson Lovell $21,500
Previous Owner Johnson Lovell $317,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2022 09/28/22 Sold $490,000 -2.0% $188 / Sq Ft
07/15/2022 07/15/22 For Sale $499,999 0.0% $192 / Sq Ft
06/26/2022 06/26/22 Off Market $499,999 -- --
06/13/2022 06/13/22 Price Changed $499,999 -9.1% $192 / Sq Ft
05/14/2022 05/14/22 For Sale $550,000 -- $211 / Sq Ft
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
2024 $11,424 $503,500 $218,500 $285,000
2023 $11,125 $471,800 $193,500 $278,300
2022 $11,156 $448,400 $183,500 $264,900
2021 $13,029 $405,500 $163,500 $242,000
2020 $13,348 $432,400 $153,500 $278,900
2019 $13,029 $402,500 $143,500 $259,000
2018 $11,236 $337,000 $123,500 $213,500
2017 $11,270 $330,400 $123,500 $206,900
2016 $11,909 $351,700 $103,500 $248,200
2015 $12,853 $388,200 $113,500 $274,700
2014 $10,565 $308,200 $33,500 $274,700
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Bradshaw

    Seller's Agent in 2022

    Jennifer Bradshaw

    BETTER HOMES&GARDENS RE MATURO

    (609) 664-9138

    1 in this area

    6 Total Sales

    Jennifer Bradshaw
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Map

Source: All Jersey MLS

MLS Number: 2214063R

All Jersey MLS

APN: 04-00051-0000-00001

New Jersey Somerset County Bound Brook 08805

204 Somerset St, Bound Brook, NJ

Homes for Sale in Bound Brook, NJ

This home is located at 204 Somerset St, Bound Brook, NJ 08805 since 14 May 2022 and is currently estimated at $626,707, approximately $240 per square foot. This property was built in 1895. 204 Somerset St is a home located in Somerset County with nearby schools including LaMonte Annex Elementary School, Lafayette Elementary School, and Bound Brook High School.

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