NOT LISTED FOR SALE

241 Elizabeth St South Bound Brook, NJ 08880

Estimated Value: $430,000 - $520,382

3 Beds
1 Bath
-- Sq Ft
7,405 Sq Ft Lot

Last Sold June 30, 2023

Last sale price $450,000

Est. 9% increase in value since last sale

Current estimated payment $3,692/month

54 Days on Market

About This Home

As of June 2023

This home is located at 241 Elizabeth St, South Bound Brook, NJ 08880 since 29 March 2023 and is currently estimated at $491,346. This property was built in 1953. 241 Elizabeth 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

HELEN FARNESKI-SEIWELL

COLDWELL BANKER REALTY Brokerage Phone: 908-874-8421 Listed on: 03/29/2023

Last Buyer's Agent

DANIEL PAZMINO

REAL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,422

Year Built

  • Built in 1953

Lot Details

  • 7,405 Sq Ft Lot

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,422

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Year Built: 1953
  • County Name: Somerset
  • Street Number Display: 241
  • I D: 5192321
  • Modified: 2024-07-01
  • Number Images: 1
  • Attribution Contact: 908-874-8421
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bathrooms: 1.00

Lot Info

  • Lot Size: 75X100
  • Total Acres: 0.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
Jun 29, 2023
Sold by
Shah Syed
Bought by
Silva Pablo S
Seller's Agent
HELEN FARNESKI-SEIWELL
COLDWELL BANKER REALTY
Buyer's Agent
DANIEL PAZMINO
REAL
List Price
$449,000
Sold Price
$450,000
Premium/Discount to List
$1,000
0.22%
Views
125
Current Estimated Value
$491,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,346
Avg. Annual Appreciation
4.08%
Original Mortgage
$441,849
Outstanding Balance
$431,230
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$60,116

Purchase Details

Listed on
Jun 15, 2022
Closed on
Sep 8, 2022
Sold by
Derbaum Mercedes
Bought by
Shah Syed
Seller's Agent
Christopher Ryan
COLDWELL BANKER REALTY
Buyer's Agent
HELEN FARNESKI-SEIWELL
COLDWELL BANKER REALTY
List Price
$259,900
Sold Price
$218,000
Premium/Discount to List
-$41,900
-16.12%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
162.83%

Purchase Details

Closed on
Sep 3, 1997
Sold by
Smith William
Bought by
Derbaum Karla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.36%
Source: Public Records

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
Silva Pablo S $450,000 Commonwealth Land Title
Shah Syed $218,000 Afrm Title & Abstract
Shah Syed $218,000 Afrm Title & Abstract
Derbaum Karla $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silva Pablo S $129,519
Open Silva Pablo S $441,849
Previous Owner Derbaum Karla $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $450,000 +4.9% --
05/22/2023 05/22/23 Pending -- -- --
04/19/2023 04/19/23 Price Changed $429,000 -4.5% --
03/29/2023 03/29/23 For Sale $449,000 +106.0% --
09/28/2022 09/28/22 Sold $218,000 -5.2% --
08/17/2022 08/17/22 Pending -- -- --
07/25/2022 07/25/22 Price Changed $229,900 -11.5% --
06/15/2022 06/15/22 For Sale $259,900 -- --
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 $12,422 $325,000 $106,400 $218,600
2024 $12,422 $325,000 $106,400 $218,600
2023 $8,057 $212,800 $106,400 $106,400
2022 $7,529 $212,800 $106,400 $106,400
2021 $7,420 $212,800 $106,400 $106,400
2020 $7,059 $212,800 $106,400 $106,400
2019 $7,242 $212,800 $106,400 $106,400
2018 $7,201 $212,800 $106,400 $106,400
2017 $7,176 $212,800 $106,400 $106,400
2016 $7,014 $212,800 $106,400 $106,400
2015 $6,829 $212,800 $106,400 $106,400
2014 $6,665 $212,800 $106,400 $106,400
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2023

    HELEN FARNESKI-SEIWELL

    COLDWELL BANKER REALTY

  • D

    Buyer's Agent in 2023

    DANIEL PAZMINO

    REAL

  • Christopher Ryan

    Seller's Agent in 2022

    Christopher Ryan

    COLDWELL BANKER REALTY

    (732) 432-6323

    2 in this area

    393 Total Sales

    Christopher Ryan
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3835485

Garden State MLS

APN: 19-00022-0000-00007

New Jersey Somerset County South Bound Brook 08880

241 Elizabeth St, South Bound Brook, NJ

This home is located at 241 Elizabeth St, South Bound Brook, NJ 08880 since 29 March 2023 and is currently estimated at $491,346. This property was built in 1953. 241 Elizabeth St is a home located in Somerset County with nearby schools including Robert Morris School and Green Brook Academy.

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