NOT LISTED FOR SALE

318 W Main St Bound Brook, NJ 08805

Estimated Value: $469,000 - $534,000

-- Bed
-- Bath
1,634 Sq Ft
$301/Sq Ft Est. Value

About This Home

This home is located at 318 W Main St, Bound Brook, NJ 08805 and is currently estimated at $492,323, approximately $301 per square foot. 318 W Main St 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
May 5, 2020
Sold by
Asklof Robert and Asklof Ashley
Bought by
Asklof Robert and Asklof Michelle M
Current Estimated Value
$492,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Outstanding Balance
$173,683
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$318,640

Purchase Details

Closed on
Jul 23, 2007
Sold by
Kipp Michael W and Kipp Karen A
Bought by
Asklof Robert and Asklof Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,500
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 1998
Sold by
Kordelski Robert
Bought by
Kipp Michael W and Kipp Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.92%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 14, 1989
Sold by
Kordelski Lois P
Bought by
Kordelski Robert and Kordelski Lois
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Asklof Robert -- Stewart Title Guaranty Co
Asklof Robert $299,000 Multiple
Kipp Michael W $95,900 --
Kordelski Robert $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asklof Robert $196,000
Closed Asklof Robert $298,500
Previous Owner Kipp Michael W $95,000
Source: Public Records

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 $8,309 $408,100 $163,300 $244,800
2024 $8,309 $366,200 $143,300 $222,900
2023 $8,038 $340,900 $123,300 $217,600
2022 $7,723 $310,400 $103,300 $207,100
2021 $5,872 $258,900 $83,300 $175,600
2020 $6,936 $224,700 $63,300 $161,400
2019 $5,872 $181,400 $43,300 $138,100
2018 $5,444 $163,300 $33,300 $130,000
2017 $5,502 $161,300 $33,300 $128,000
2016 $5,089 $150,300 $8,300 $142,000
2015 $4,794 $144,800 $8,300 $136,500
2014 $5,296 $154,500 $18,000 $136,500
Source: Public Records

Map

New Jersey Somerset County Bound Brook 08805

318 W Main St, Bound Brook, NJ

This home is located at 318 W Main St, Bound Brook, NJ 08805 and is currently estimated at $492,323, approximately $301 per square foot. 318 W Main 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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