NOT LISTED FOR SALE

305 Mountain Ave Bound Brook, NJ 08805

Estimated Value: $645,000 - $704,930

-- Bed
-- Bath
-- Sq Ft
0.44 Acres

Last Sold December 07, 2021

Last sale price $500,000

Est. 37% increase in value since last sale

Current estimated payment $4,580/month

47 Days on Market

About This Home

As of December 2021

This home is located at 305 Mountain Ave, Bound Brook, NJ 08805 since 21 August 2021 and is currently estimated at $685,733. This property was built in 1937. 305 Mountain Ave is a home located in Somerset County with nearby schools including LaMonte Annex Elementary School, Lafayette Elementary School, and Bound Brook High School.

Last Agent to Sell the Property

LISA BERCHOFF

WEICHERT REALTORS Brokerage Phone: 908-526-5444 Listed on: 08/21/2021

Last Buyer's Agent

Marta Weglarz

RE/MAX PREFERRED PROFESSIONALS

RE/MAX PREFERRED PROFESSIONALS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 0.44 Acre Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Year Built: 1937
  • County Name: Somerset
  • I D: 5098137
  • Attribution Contact: 908-526-5444
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 75X254
  • Total Acres: 0.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2021
Closed on
Nov 17, 2021
Sold by
Zupanoski Ilija and Zupanoski Mirjana
Bought by
Sala4 Llc
Seller's Agent
LISA BERCHOFF
WEICHERT REALTORS
Buyer's Agent
Marta Weglarz
RE/MAX PREFERRED PROFESSIONALS
List Price
$599,000
Sold Price
$500,000
Premium/Discount to List
-$99,000
-16.53%
Current Estimated Value
$685,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,733
Avg. Annual Appreciation
8.09%
Original Mortgage
$375,000
Outstanding Balance
$344,098
Interest Rate
3.09%
Mortgage Type
Commercial
Estimated Equity
$341,635

Purchase Details

Closed on
Mar 27, 2000
Sold by
Romano Lorraine
Bought by
Zupanoski Ilija and Zupanoski Mirjana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
8.23%

Purchase Details

Closed on
Dec 13, 1999
Sold by
Villani Carol
Bought by
Shafer Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.61%

Purchase Details

Closed on
Oct 7, 1993
Sold by
Hawkins Akry
Bought by
Villani Joseph and Villani Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
6.77%
Source: Public Records

Range of Values:

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

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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
Sala4 Llc $500,000 Polonia Title Agency Llc
Zupanoski Ilija $187,500 --
Shafer Maria $210,000 --
Villani Joseph $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sala4 Llc $375,000
Previous Owner Zupanoski Ilija $168,750
Previous Owner Shafer Maria $150,000
Previous Owner Villani Joseph $27,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2021 12/07/21 Sold $500,000 -13.0% --
10/07/2021 10/07/21 Pending -- -- --
09/16/2021 09/16/21 Price Changed $575,000 -4.0% --
08/21/2021 08/21/21 For Sale $599,000 -- --
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 $11,980 $555,100 $221,900 $333,200
2024 $11,980 $528,000 $203,900 $324,100
2023 $11,738 $497,800 $181,400 $316,400
2022 $11,781 $473,500 $172,400 $301,100
2021 $12,086 $429,500 $154,400 $275,100
2020 $12,181 $394,600 $145,400 $249,200
2019 $11,673 $360,600 $136,400 $224,200
2018 $10,075 $302,200 $118,400 $183,800
2017 $10,117 $296,600 $118,400 $178,200
2016 $11,242 $332,000 $100,400 $231,600
2015 $14,949 $451,500 $109,400 $342,100
2014 $11,570 $337,500 $37,400 $300,100
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    LISA BERCHOFF

    WEICHERT REALTORS

  • Marta Weglarz

    Buyer's Agent in 2021

    Marta Weglarz

    RE/MAX

    (570) 417-4680

    4 in this area

    59 Total Sales

    Marta Weglarz
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Map

Source: Garden State MLS

MLS Number: 3736153

Garden State MLS

APN: 04-00050-0000-00007

New Jersey Somerset County Bound Brook 08805

305 Mountain Ave, Bound Brook, NJ

Not Listed for Sale

MultiFamily

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