N
Seller's Agent in 2019
NANCY LEAVITT
KELLER WILLIAMS MONMOUTH OCEAN
332 W 2nd St Bound Brook, NJ 08805
Estimated Value: $513,000 - $758,819
5
Beds
2.5
Baths
2,540
Sq Ft
$266/Sq Ft
Est. Value
Highlights
- 0.23 Acre Lot
- Wood Flooring
- Recessed Lighting
- Deck
- Thermal Windows
- Zoned Heating and Cooling
About This Home
As of February 20195 BED/2.5 BATH TWO FAMILY MULTI IN BOUND BROOK!! Great investment opportunity! This 2 family house in Bound Brook was completely remodeled in 2018 and is fully rented! Unit A has 3 bedrooms and 1.5 baths on the first floor with access to the full basement. Unit B the 2 floor unit has 2 bedrooms and 1 bath with a family room in the finished attic. Keep this property as a pure income producer or live in one unit while renting the other, the choice is yours! 8.36% CAP rate! Close to RT 287 for an easy commute to anywhere! DON'T MISS OUT ON THIS TURNKEY PROPERTY AND LET THE CHECKS START ROLLING STRAIGHT INTO YOUR BANK ACCOUNT!! CALL TODAY TO SCHEDULE YOUR SHOWING!!
Last Agent to Sell the Property
Nancy Leavitt
Keller Williams Realty Monmouth/Ocean Listed on: 12/27/2018
Last Buyer's Agent
Nancy Leavitt
Keller Williams Realty East Monmouth
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,018
Year Built
- Built in 1924
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 50 x 200
- Fenced
- Level Lot
Home Design
- Duplex
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,540 Sq Ft Home
- 3-Story Property
- Recessed Lighting
- Thermal Windows
- Insulated Doors
- Walkup Attic
Kitchen
- Stove
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Basement Storage
Parking
- 2 Parking Spaces
- No Garage
- Paved Parking
- On-Street Parking
- Off-Street Parking
- Assigned Parking
Outdoor Features
- Deck
- Exterior Lighting
Schools
- Bound Brook High School
Utilities
- Zoned Heating and Cooling
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Cable TV Available
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for hot water, water, snow removal, heat, gas, electricity
- The owner pays for yard maintenance, garbage removal
- Assessor Parcel Number 04-00029-0000-00018
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 27, 2018
Closed on
Mar 20, 2019
Sold by
Jbj Porperties Llc
Bought by
Qian Shugeng and Zhao Tingting
Seller's Agent
Nancy Leavitt
Keller Williams Realty Monmouth/Ocean
Buyer's Agent
Nancy Leavitt
Keller Williams Realty East Monmouth
Sold Price
$390,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,705
Avg. Annual Appreciation
8.66%
Original Mortgage
$292,500
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 24, 2017
Closed on
May 19, 2017
Sold by
Santander Bank Na
Bought by
Jbj Properties Llc
Seller's Agent
Brian Graham
COLDWELL BANKER REALTY
Buyer's Agent
Bill Gazi
BHHS FOX & ROACH
List Price
$256,100
Sold Price
$200,000
Premium/Discount to List
-$56,100
-21.91%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.83%
Purchase Details
Closed on
Sep 30, 2015
Sold by
Temoche Elmer S
Bought by
Santander Bank Na and Sovereign Bank Na
Purchase Details
Closed on
Apr 25, 2003
Sold by
Paiano Clemente
Bought by
Temoche Elmer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,900
Interest Rate
5.82%
Purchase Details
Closed on
Nov 9, 2001
Sold by
Kelley Mary
Bought by
Temoche Elmer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,100
Interest Rate
6.7%
Purchase Details
Closed on
Oct 31, 2000
Sold by
Hud
Bought by
Kelley Mary and Kelley Crystal
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,684
Interest Rate
7.81%
Purchase Details
Closed on
Feb 25, 1994
Sold by
Bow Edward
Bought by
Wohar George and Wohar Shirley
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
6.93%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Qian Shugeng | $390,000 | Chicago Title Insurance Co | |
| Jbj Properties Llc | $200,000 | Fidelity Natl Title Ins Co | |
| Santander Bank Na | $1,161 | Attorney | |
| Temoche Elmer | $249,900 | -- | |
| Temoche Elmer | $233,800 | -- | |
| Kelley Mary | $165,855 | -- | |
| Wohar George | $139,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Qian Shugeng | $292,500 | |
| Previous Owner | Temoche Elmer | $224,900 | |
| Previous Owner | Temoche Elmer | $222,100 | |
| Previous Owner | Kelley Mary | $132,684 | |
| Previous Owner | Wohar George | $138,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/25/2019 02/25/19 | Sold | $390,000 | 0.0% | -- |
| 02/25/2019 02/25/19 | Sold | $390,000 | -6.0% | $154 / Sq Ft |
| 01/02/2019 01/02/19 | Pending | -- | -- | -- |
| 10/12/2018 10/12/18 | For Sale | $415,000 | +107.5% | -- |
| 05/19/2017 05/19/17 | Sold | $200,000 | -21.9% | -- |
| 04/26/2017 04/26/17 | Pending | -- | -- | -- |
| 04/24/2017 04/24/17 | For Sale | $256,100 | -- | -- |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $13,378 | $619,300 | $229,900 | $389,400 |
| 2024 | $13,378 | $589,600 | $210,900 | $378,700 |
| 2023 | $13,243 | $561,600 | $191,900 | $369,700 |
| 2022 | $13,057 | $524,800 | $172,900 | $351,900 |
| 2021 | $12,700 | $451,300 | $115,900 | $335,400 |
| 2020 | $12,336 | $399,600 | $92,200 | $307,400 |
| 2019 | $12,744 | $393,700 | $82,700 | $311,000 |
| 2018 | $8,018 | $240,500 | $73,200 | $167,300 |
| 2017 | $9,278 | $272,000 | $73,200 | $198,800 |
| 2016 | $8,827 | $260,700 | $39,900 | $220,800 |
| 2015 | $9,877 | $298,300 | $49,400 | $248,900 |
| 2014 | $9,146 | $266,800 | $17,900 | $248,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
Brian Graham
Seller's Agent in 2017
Brian Graham
COLDWELL BANKER REALTY
(908) 874-4700
17 Total Sales
-
Bill Gazi
Buyer's Agent in 2017
Bill Gazi
BHHS FOX & ROACH
(908) 507-1954
26 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 21840207
APN: 04-00029-0000-00018
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