NOT LISTED FOR SALE

261 W Main St Unit c Bound Brook, NJ 08805

Estimated Value: $476,000 - $571,000

2 Beds
-- Bath
2,000 Sq Ft
$260/Sq Ft Est. Value

About This Home

This home is located at 261 W Main St Unit c, Bound Brook, NJ 08805 and is currently estimated at $520,522, approximately $260 per square foot. 261 W Main St Unit c 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
Jan 18, 2021
Sold by
Fugazzi Joseph
Bought by
Duran Christopher
Current Estimated Value
$520,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,295
Outstanding Balance
$312,830
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$212,955

Purchase Details

Closed on
Oct 2, 2018
Sold by
Morelock Allan K and Morelock Allen K
Bought by
Fugazzi Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,431
Interest Rate
4.8%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 20, 2005
Sold by
Taylor Lonnie S
Bought by
Morelock Allen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.81%
Source: Public Records

Range of Values:

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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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

Date Buyer Sale Price Title Company
Duran Christopher $325,000 Foundation Ttl Llc East Brun
Fugazzi Joseph $197,000 Multiple
Morelock Allen K $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duran Christopher $343,295
Previous Owner Fugazzi Joseph $192,993
Previous Owner Fugazzi Joseph $193,431
Previous Owner Morelock Allen K $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/25/2024 12/25/24 Off Market $2,700 -- --
11/21/2024 11/21/24 Price Changed $2,700 -1.8% $1 / Sq Ft
11/15/2024 11/15/24 For Rent $2,750 -- --

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 $8,699 $383,400 $126,700 $256,700
2023 $8,498 $360,400 $109,700 $250,700
2022 $8,243 $331,300 $92,700 $238,600
2021 $9,117 $324,000 $75,700 $248,300
2020 $6,705 $217,200 $58,700 $158,500
2019 $6,480 $200,200 $41,700 $158,500
2018 $6,541 $196,200 $33,200 $163,000
2017 $6,607 $193,700 $33,200 $160,500
2016 $6,444 $190,300 $11,900 $178,400
2015 $6,360 $192,100 $11,900 $180,200
2014 $7,374 $215,100 $34,900 $180,200
Source: Public Records

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