NOT LISTED FOR SALE

318 Stratford Place Unit 318 Bound Brook, NJ 08805

Martinsville Neighborhood

Estimated Value: $340,000 - $382,000

2 Beds
2 Baths
1,059 Sq Ft
$300/mo HOA Fee

Last Sold December 10, 2021

Last sale price $235,000 $222 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,724/month

29 Days on Market

Highlights

  • Formal Dining Room
  • Walk-In Closet
  • En-Suite Primary Bedroom
  • Bridgewater-Raritan Middle School Rated A
  • Living Room
  • 1-Story Property

About This Home

As of December 2021

This convenient 2nd Floor condo features 2 bedrooms and 2 full baths. Located in the center of Bridgewater right off Rt. 22 and just minutes from 287 and Whole Foods. As you enter you will be greeted with a coat closet and a guest bathroom that also attaches to the guest bedroom. Off the Dining Room you have a utility closet with full-size washer and dryer. The kitchen shows off some stainless steel appliances and has a cutout for easy access to the Living Room. Here you have access to a balcony, a great space for some outside enjoyment. The Main bedroom has a large closet with custom cabinetry and an updated full bathroom. Just minutes for many major highways, Somerville Train Station. Don't miss out on this amazing opportunity!

Last Agent to Sell the Property

Melissa Silva

M SQUARE REAL ESTATE Listed on: 09/13/2021

Last Buyer's Agent

Arun Thomas

PUBLIC TRUST REALTY GROUP LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,300

Year Built

  • Built in 1992

Lot Details

  • 392

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • 1-Story Property
  • Living Room
  • Formal Dining Room
  • Wall to Wall Carpet

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2706-00357-0000-00318-0000-
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-common area, maintenance-exterior, trash collection

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,300

Year Built

Built in 1992

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Style: One Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 1992
  • Year Built Description: Approximate
  • County Name: Somerset
  • Street Number Display: 318
  • Directions: Rt.22 E turn onto Thompson Ave. and a right in to complex Stratford complex. Building is the first one on right side Building #3
  • I D: 5102864
  • Modified: 2022-12-11
  • Number Images: 32
  • Section Subdiv Development: Stratford
  • First Name: MELISSA
  • First Name3: ARUN
  • Last Name: SILVA
  • Last Name3: THOMAS
  • Office Phone: 908-941-7682
  • Office Phone3: 201-357-5525
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Tile
  • Floor Number: 2
  • Appliances: Carbon Monoxide Detector, Dishwasher, Dryer, Microwave Oven, Range/Oven-Gas, Washer
  • Interior Amenities: Carbon Monoxide Detector
  • Number Rooms: 6
  • Bedrooms: 2
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Dining Room Level: Second
  • Dining Area: Formal Dining Room
  • Kitchen Area: Galley Type, Separate Dining Area
  • Kitchen Level: Second
  • Living Room Level: Second
  • Other Room 1: Bathroom
  • Other Room1 Level: Second
  • Other Room 2: Bedroom
  • Other Room2 Level: Second
  • Level 2 Rooms: 2 Bedrooms, Bath Main, Bath(s) Other, Dining Room, Kitchen, Living Room
  • Phone: 908-941-7682

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 1
  • Parking Driveway Description: 1 Car Width, Assigned

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Maintenance Fee: 300
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Common Area, Maintenance-Exterior, Trash Collection

Fee Information

  • Other Fee Freqency: R
  • Other Fees: 100

Lot Info

  • Assessed Improvement Value: 98500
  • Assessed Land Value: 115000
  • Assessment: 213500
  • Easement: Unknown
  • Lot Identifier: 318
  • Lot I D Tax: *

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 4300
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2706-00357-0000-00318-0000-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 2.128
  • Tax Rate Tax: *
  • Tax Rate Year: 2020
  • Tax Year Tax: *
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Jan 31, 2022
Sold by
Jones Seth J
Bought by
Abraham Sherin E
Seller's Agent
Melissa Silva
M SQUARE REAL ESTATE
Buyer's Agent
Arun Thomas
PUBLIC TRUST REALTY GROUP LLC
List Price
$235,000
Sold Price
$235,000
Current Estimated Value
$375,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,543
Avg. Annual Appreciation
11.37%
Original Mortgage
$209,000
Outstanding Balance
$197,356
Interest Rate
3.55%
Estimated Equity
$151,905

Purchase Details

Listed on
Sep 13, 2021
Closed on
Nov 12, 2021
Sold by
Jones Seth J
Bought by
Abraham Sherin E
Seller's Agent
Melissa Silva
M SQUARE REAL ESTATE
Buyer's Agent
Arun Thomas
PUBLIC TRUST REALTY GROUP LLC
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2012
Sold by
Filep Joseph J
Bought by
Herro Phillip

Purchase Details

Closed on
Aug 31, 2009
Sold by
Wolke Nancy Ryan and Wolke Alan
Bought by
Jones Seth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,600
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2001
Sold by
Chapleski Adam
Bought by
Ryan Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.01%

Purchase Details

Closed on
May 1, 1997
Sold by
Albert Timothy
Bought by
Chapieski Margaret
Source: Public Records

Range of Values:

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Average Value
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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
Abraham Sherin E $235,000 Old Republic Title
Herro Phillip $177,000 Chicago Title Insurance Comp
Jones Seth J $222,000 None Available
Ryan Nancy $134,000 --
Chapieski Margaret $97,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abraham Sherin E $209,000
Previous Owner Jones Seth J $177,600
Previous Owner Ryan Nancy $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $235,000 0.0% $222 / Sq Ft
10/12/2021 10/12/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $235,000 -- $222 / Sq Ft
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
2024 $5,172 $262,400 $115,000 $147,400
2023 $4,739 $236,100 $115,000 $121,100
2022 $4,579 $219,500 $115,000 $104,500
2021 $4,552 $213,500 $115,000 $98,500
2020 $4,301 $202,100 $105,000 $97,100
2019 $4,300 $200,100 $105,000 $95,100
2018 $4,249 $198,200 $105,000 $93,200
2017 $4,009 $186,800 $95,000 $91,800
2016 $3,944 $186,500 $95,000 $91,500
2015 $3,694 $174,800 $85,000 $89,800
2014 $3,556 $165,800 $85,000 $80,800
Source: Public Records

Agents Affiliated with this Home

  • Melissa Silva

    Seller's Agent in 2021

    Melissa Silva

    M SQUARE REAL ESTATE

    (201) 527-7313

    1 in this area

    75 Total Sales

    Section Image
  • Arun Thomas

    Buyer's Agent in 2021

    Arun Thomas

    PUBLIC TRUST REALTY GROUP LLC

    (201) 832-8400

    1 in this area

    41 Total Sales

    Section Image
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Map

Source: Garden State MLS

MLS Number: 3740263

Garden State MLS

APN: 06-00357-0000-00318

New Jersey Somerset County Bound Brook 08805 Martinsville

318 Stratford Place Unit 318, Bound Brook, NJ

This home is located at 318 Stratford Place Unit 318, Bound Brook, NJ 08805 since 13 September 2021 and is currently estimated at $364,404, approximately $344 per square foot. This property was built in 1992. 318 Stratford Place Unit 318 is a home located in Somerset County with nearby schools including Adamsville Primary School, Bridgewater-Raritan Middle School, and Hillside Intermediate School.

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